You'll need certain rules to live by if you're expecting to make profits in the Forex Market. One such regulation to live by: Constantly purchase the dips in an uptrend market and always sell the bounces in a downtrend market. This formula is really simple to comprehend and can be really profitable if you follow it.
Forex: US Dollar Technical Analysis – 17-Month Trend Line HeldDailyFXThe Dow Jones FXCM US Dollar Index began to cautiously drift higher after putting a Hammer candlestick above support at a rising trend line set from September 2012. Initial resistance lines up at 10576, the 23.6% Fibonacci retracement, with a break ...Dollar Trying to Solidify ...Forex: US Dollar Technical Analysis – 17-Month Trend Line Held - DailyFX
Keep the process as simple as possible. Adhere to one or perhaps two Forex pairs at one time. You will be able to understand exactly what is going on with them better if you are just seeing exactly what a few them are doing at particular times of the day. You will be able to better assess the information this way.
You may also like following articles on trend lines
No comments:
Post a Comment