You'll need certain guidelines to obey if you're expecting to make profits in the Foreign Exchange Market. One such regulation to obey: Always buy the dips in an uptrend market and always offer the bounces in a downtrend market. This formula is really simple to understand and can be really successful if you stick to it.
Slumping Copper at Risk of Big DropBarron'sBut as chart watchers like to say, surprises happen in the direction of the trend. In this case, that trend is down. And chart patterns suggest there is much more downside ahead. While copper now trades at levels last seen in July 2010, bulls can argue ...and more »...Slumping Copper at Risk of Big Drop - Barron's
Keep the procedure as easy as possible. Adhere to one or possibly 2 Forex pairs at one time. You will be able to understand what is going on with them much better if you are only viewing what a couple of them are doing at specific times of the day. You will be able to much better examine the info by doing this.
You may also like following articles on chart patterns
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