You'll require certain rules to live by if you're anticipating to make revenues in the Foreign Exchange Market. One such rule to live by: Constantly purchase the dips in an uptrend market and constantly offer the bounces in a downtrend market. This formula is really basic to understand and can be really rewarding if you follow it.
Yahoo Finance (blog)Bond investors take note: This could be troubleYahoo Finance (blog)"This is telling you stay short because the 10-day moving average is below the 30-day moving average," said Busch, "and we're getting near the higher end of the yields/lower end for price. We may see this thing break above that 3 percent yield on the ......Bond investors take note: This could be trouble - Yahoo Finance (blog)
Keep the process as basic as possible. Stick to one or maybe two Forex pairs at one time. You will be able to understand exactly what is going on with them better if you are just watching exactly what a couple of them are doing at specific times of the day. You will be able to better evaluate the information by doing this.
Additional resource on moving averages
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