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Posts by forex_trader_370040
EUR/GBP
in
New Traders
Mar 26, 2017 at 07:31
Despite this advance, the price is still moving within a bearish channel that has key resistance around 0.8685 / 90, which is where the upper limit of the channel is passing. If this level were broken and consolidated above, the euro would remove the bearish pressures, opening the doors to more rises. As long as it stays below, the bias could continue to favor the casualties.From the current level, the supports can be located at 0.8640, followed by 0.8600 / 05 (day minimum) and then 0.8585 (lower limit of the said channel).http://www.myfxbook.com/files/danuska/chartgenerator.jpg
Reduce your trading risk!
in
General
Mar 26, 2017 at 07:31
When experimenting with different percentages of your account, you will find what works for you ... Test and error. You will be amazed at the benefits you can get with the slightest amount of risk placed. If you learn to operate properly, the profits will come. But you have to be able to stay in the game long enough to get to that point.
Beginners - Kill your emotions
in
New Traders
Mar 26, 2017 at 07:31
Emotional intelligence plays an important role in the performance of any FX trader. The most important point to remember is that humans have the innate power to increase their level of emotional intelligence. A little effort on the part of a trader will help you nourish the level of emotional intelligence. The increase in the level of emotional intelligence will soon begin to be reflected in the commercial performance.
Fun on MyfxBook
in
General
Mar 26, 2017 at 07:31
http://www.myfxbook.com/files/danuska/images.jpg
How to Be an Expert in Forex Trading: Some Tips
in
General
Mar 26, 2017 at 07:30
It is important to choose an appropriate broker. Make sure that the company you select meets certain basic requirements, such as reasonable transaction costs and implementation of operations of the best category. Similarly, keep in mind that the larger the broker, the higher leverage levels will offer. With a suitable company, you will be able to operate as much as you want and you will never have problems in withdrawing your utilities.
The key to success
in
General
Mar 26, 2017 at 07:30
A trend is going to go up or down but there will be strong short correction in the opposite direction, you should make sure that your stop is placed outside the corrections of this or the arrested by random volatility. If you want to win, you have to take a calculated risk, most traders try and restrict the risk both creating a wipe out inevitable.
What is best trading journal software?
in
General
Mar 26, 2017 at 07:30
Two bargaining techniques that are overlooked are the opening price break and the first hour break. These two techniques are likely to be of particular interest to the day trader who needs to know the tone of the day before they start trading. Using the euro as the preferred forex market for this article, we will explain the opening price breakout trading strategy and the first hour break.
Indicator to show daily volatility
in
General
Mar 26, 2017 at 07:30
One of the most common trading tools is the trend indicator. Like a screwdriver in a toolbox, it comes in many forms. Some traders prefer to use a swing chart that shows the trend, while other traders use moving averages.
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