USDSGD Trade

This trade feels like quite a no brainer if you're in tune with the Monetary of Singapore's fiscal policies.

The current floor is around 1.2580 and overall expectation is for it to go to 1.3.

Of course the markets may counter otherwise, but I think for FX if you're investing based on fundamentals and making trades with longer time horizons (>1 week), it can be quite profitable.

Day trading on FX is one of the surest ways to burn money.

Always remember that 99% of FX traders loss money, 0.9% breakeven, and only 0.1% actual can make money consistently. So the odds are quite badly stacked against you.