The Canadian dollar is said to be up this week and is in fact higher than the US dollar. This is certainly proving that the economy is being very positive this season. US markets are definitely showing an improvement and stocks have been given a little hope as consumer confidence gives them a much-needed boost. [...]
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The economic crisis that has hit the Euro zone within the last few months has created hopes that the leaders of the major European countries would take decisive action to limit, or at least delay, further damage. Experts working at InvestTechFX, the online Forex trading concern have reported that leaders such as Germany’s Angela Merkel [...]
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This is one forex trading tip you should always remember: never forget to set a stop loss every time you trade forex. A stop loss is a certain limit set when you open your trade; when the market moves against you and hit the limit, your trade will automatically be closed and you don’t have [...]
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A lot of new forex traders make the mistake of starting their trading accounts with bare minimum capital and sky-high leverage. Leverage is a valuable forex trading tool that can help you earn more profits without investing more of your money, but the misuse of leverage can lead to catastrophic failure and total loss of [...]
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The best thing about forex trading nowadays is the fact that you can trade foreign currency pairs online from virtually anywhere in the world. Using the supplied trading software, you can access the foreign currency market 24/7 and make trades directly using nothing but your computer and an internet connection. Want to know how you [...]
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Even with all the skills and knowledge, you can’t be a successful trader without proper mental preparedness. There are several psychological issues you need to tackle before you can start trading like a pro and earn pips consistently. In this part, we are going to review those aspects and understand them even more. The first [...]
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Whether you are an active trader or an occasional investor, keeping a forex trading journal is essentially important. There are a lot of benefits you can get from the forex trading journal, and we are going to discuss them – along with how you can keep your own trading journal – right here in this [...]
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When trading forex online, there are three types of market analysis you can use to help you make your trading decisions. When used correctly, these indicators and analysis can help you determine – if not predict – market movement accurately and allow you to anticipate the market movement. Banking pips will be a lot easier [...]
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