Oil

Oil jumps 3%. Nothing to worry about right? As I have said before the oil bubble was caused by oil traders and not tied to consumption, production, etc. The speculators are back at it again. They see the economy getting a bit stronger so what happens? Oil starts jumping up again. $100+ a barrel here we come again! It's like a vicious cycle. Do I care? No. I trade currency. I trade forex and it doesn't matter if oils up or down, if stocks are up or down or even if the economy is in the tank or flying high. Currencies move every day. The FXGrail trades when it trades and I make more currency. Simple folks!