Look into all the latest financial news, paying special attention the news related to whatever currencies you are associateded with. The speculation that drives prices up and down on the currency exchanges oftens outgrow breaking news developments. If you have an e-mail or text alert service they can keep you updated on news.
A technical view from Singapore – Guest TraderForexLive (blog)Well than again, how can I be so sure that I am right with my fundamental analysis to start with? Look at how many analyst have called for EURUSD to be at 1.20, since 12 months ... + Russia of course bad ass Putin. I...A technical view from Singapore – Guest Trader - ForexLive (blog)
You can always stand out of a trade, you have that individual right. If you are doubtful about your position of a trade, it is most effectively to avoid of it. If you do not have sufficient info to make an informed choice, it's better to sit out of the trade than to make high-risk uninformed decisions.
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