for newbies traders who want to learn forex basic and trade.This collection of Forex trading strategies and techniques is dedicated to help beginners in their research and developement of workable trading styles and trading systems.
Monday, November 2, 2009
How to Take Control in Forex Trading Part 1
First of all you must know that you must use fundamental and technical analysis in conjunction, both complete each others, so don't rely on one and leave the other. Fundamental is one of the reasons which influence the market, so if you are in a long trade and suddenly the trading currency went down so go and see if a report was released and see what its forecast and what was the released data and compare this data to your chart and you will have your first tool to control your business.
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