Monday, May 5, 2014

Gold Probes Above $1,305 As US Dollar Continues Its Slumber

Think of foreign exchange trading in terms of likelihoods. Absolutely nothing in investing is ever before a certainty. Sometimes, you will lose, even if you did all of the right things. That does not mean you made a bad trade, it just suggests that the likelihoods turned against you. Thinking in terms of likelihoods will help you concentrate on the realities of the circumstance.

Gold is edging higher in Asian trading with the yellow metal probing above a key technical level of resistance at $1,305. The push higher follows an uncharacteristic response to Friday’s US Non-Farm Payrolls figures that saw gold post its biggest percentage gain since April 4 th ....Gold Probes Above $1,305 As US Dollar Continues Its Slumber

An excellent Foreign exchange trading idea is to stay with your strategy once you have a strategy in location. It's not uncommon to be lured by brand-new and miraculous trading techniques. If you were to ignore your strategy and chase every brand-new technique under the sun, you'll wind up making bad decisions.

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