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Episode 18: Credit card usage…enjoy the incentives but pay off the balance monthly.
I don’t trade on the FOREX but I do use ETFs to take advantage of movements in the US Dollar (UUP & UDN).
UUP appears to be in an upward trend. It’s above the 50 day moving average and has broken through short term resistance. The 50 day has crossed the 200- this is a very bullish sign. As the Fed continues to tapper, the European Central Bank appears to be easing, this should further help the US dollar.
I don’t trade commodities but I do use options, especially protective puts.
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