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Hey guys, what's up? I have been reading some forex books recently and all of them focus on ...
Hey guys, what's up? I have been reading some forex books recently and all of them focus on ...
UP for sure. Only good statistics coming from UK and people are awaiting for the increase in interest rates. In Japan, quite contrary, there are only bad News.
The fact is that the FX Market is a complete chaos but human nature cannot afford the sentiment of chaos and uncertainty so that's why they need to believe in these dogmas just like the fib number. I mean, Fibonacci was a great mathematician but ...
Why don't you check the rankings here? Anyway, it's hard to say something on this subject if you take leverage in consideration.
Without stop-loss you can only have transient sucess. Sooner or later you will go broke. Then consider it a healthy habit.
I recommend Currency Trading and Intermarket Analysis: How to Profit from the Shifting Currents in Global Markets.
I know it will sound like cliche but in some cases those failures are the best way to really learn about the savage Market. One can avoid large losses in the future. Just forget about Forex for two or three weeks and after that think about your ...