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Type: Posts; User: Katrina

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  1. Replies
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    Luck doesn't work in Forex. Skill is the only...

    Luck doesn't work in Forex. Skill is the only thing you can use to succeed. Trading is a chess game. The real pro forex traders don't rely on hope or guessing or attempting to buy market tops or...
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    Forex is a market for trading currency pairs....

    Forex is a market for trading currency pairs. Currencies are always traded in pairs, such as EUR/USD, and traders take positions based on their assumptions about price changes. Currency price changes...
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    5,700

    In general, having detailed knowledge of cross...

    In general, having detailed knowledge of cross pairs, major pairs, exotic pairs, or other pairs limits the chances of making mistakes. Investors need to have the right skills for assessing currency...
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    6,263

    A trading plan is an organized approach to...

    A trading plan is an organized approach to executing a trading system that you develop based on market analysis and outlook, taking into account risk management and personal psychology. No matter how...
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    11,673

    Nice to know, I would use it for my next trades...

    Nice to know, I would use it for my next trades and also share other indicators to test .
  6. There are lots of things that could affect the...

    There are lots of things that could affect the Forex Market and apart from the news, it could be also affected by the Market Trends.
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    Forex indicators are an important trading tool...

    Forex indicators are an important trading tool that most traders should know. However, the effectiveness of technical trading indicators depends on how you use it. Traders often use multiple...
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    Fundamental analysis is the process of...

    Fundamental analysis is the process of decomposing the influence of political, economic and social factors on the relative value of currency. By identifying the main drivers of the intrinsic value of...
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    Candlestick patterns capture the attention of...

    Candlestick patterns capture the attention of market players, but many reversal and continuation signals emitted by these patterns don't work reliably in the modern electronic environment.
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    The best way to maintain low risk in your Forex...

    The best way to maintain low risk in your Forex trading is to keep your leverage reasonable, stay focused on your goals and to not let stress or greed dictate your trading decisions. With these...
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    1,657

    The infographic differentiates between four...

    The infographic differentiates between four different types, including trend, momentum, volatility, and volume indicators.
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    10,556

    A well-known figure in the Forex world is that...

    A well-known figure in the Forex world is that 90% of Forex retail traders do not succeed. Some publications quote failure rates as high as 95%.So, if you wish to become successful you need to...
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    Pennants are a technical pattern used to identify...

    Pennants are a technical pattern used to identify continuations of sharp price moves. Bearish pennants occur when a bear move pauses, while bullish pennants occur when bull moves pause. Trading them...
  14. Forex Trading has lots of advantages and...

    Forex Trading has lots of advantages and disadvantages, but it all covers up as we get the tremendous rewards involved in it.
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    12,603

    Demo Account could only make you learn about the...

    Demo Account could only make you learn about the structure of the Forex Market. You need to practice in the real market to learn about the real Forex Trading.
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    254,674

    The only reason a trader fails would be because...

    The only reason a trader fails would be because they lack knowledge and skills that are required to survive in the Forex Market.
  17. There are lots of resources which you could...

    There are lots of resources which you could utilize in Forex Trading to make money, but you must knolw about how to use it.
  18. Replies
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    6,263

    Knowledge and Skills are the two pillars that...

    Knowledge and Skills are the two pillars that Forex Trading stands on. You need to understand before you have proper amount of skills and knowledge in the same.
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    15,708

    A plan would be a nice idea, but it should be in...

    A plan would be a nice idea, but it should be in constant practice and not just for a day or so.
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    218,489

    Yes, control over emotions are also a great...

    Yes, control over emotions are also a great requirement in the Forex Trading.
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    There is no place for Misconception in the Forex...

    There is no place for Misconception in the Forex Market, you need to learn all about the Forex Market and learn to do market analysis and much more to achieve success.
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    No currecy pair could be always beneficial for...

    No currecy pair could be always beneficial for you all the time. You need to do market analysis and check out for the correct pair to invest.
  23. The best way to learn Forex is to get involve in...

    The best way to learn Forex is to get involve in the real market and learn by trading in small investments. Later as your confidence level grows, you could increase your investments.
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    Yes, exactly my point, sticking to one single...

    Yes, exactly my point, sticking to one single strategy for all the market situation isn't considered to be a wise idea. We should try different strategies under different circumstances.
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    Yes, and hence we cannot say that trend are...

    Yes, and hence we cannot say that trend are always favourable and always we could earn from it as Forex is a market where no one can do the perfect prediction everytime.
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