Think of foreign exchange trading in terms of probabilities. Absolutely nothing in investing is ever a certainty. Occasionally, you will lose, even if you did all the right things. That doesn't mean you made a bad trade, it just suggests that the probabilities turned against you. Thinking in terms of probabilities will assist you concentrate on the truths of the scenario.
European Stocks: Technical bounce primed, now it's up to the FedTradingFloor.comOn Monday, all indices bounced nicely on stronger-than-expected European data as the trigger, which from a technical point of view has improved the picture, confirmed the reference support levels for traders, and also tightened the chart pat...European Stocks: Technical bounce primed, now it's up to the Fed - TradingFloor.com
Keep the process as easy as possible. Adhere to one or perhaps two Currency pairs at one time. You will have the ability to comprehend exactly what is going on with them much better if you are just watching exactly what a few them are doing at particular times of the day. You will have the ability to much better analyze the info this way.
Additional resource on chart patterns
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