www.forexstrategysecrets.com Learning to trade in the direction of a major trend is key to successful trading. Use a larger time frame to find the trend then use a smaller time frame to time your entry.
FOREX VIDEO – New York Session Review – 5 May 2010
The euro tumbled again today as eurozone debt fears lingered in global financial markets. The EUR/USD currency pair fell some 140 pips from New York session open to US equity market open, then clawed back about 100 of those pips before the London close.
The US dollar firmed as an already steep Treasury yield curve got even steeper during today’s New York session. The greenback’s rally lifted the USD/CAD currency pair after it bounced at a 3-week trendline, Fibonacci retracement level, and daily S3 pivot point. The USD/CAD long trade yielded 70 pips before today’s London close.
Why You Absolutely Must Trade Forex in 2011
People from all around the world keep telling me that they are so grateful for discovering Forex trading because it is the most ideal business in the world and enables some traders to make the world a better place through charity and philanthropy. Not just a home based business, Forex trading provides freedom of mobility. [...]
Free Forex Trading Tips: www.forexstrategysecrets.com Forex Tip: do not set your stop loss by a set number of pips, or at a pivot point, or a Fibonacci line. Set your stops where the Forex market tells you to set them. This forex tip has helped me improve my trading tremendously. There is…
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