Saturday, June 28, 2014

EUR/AUD Weekly Outlook - Action Forex

You must never ever make use of forex trading just to feed your own desire for enjoyment. Being successful with forex trading needs discipline. You can't just make a trade for enjoyable and anticipate to be effective. You can not be foolish when making these kind of choices, particularly if you have great deals of money on the line.

EUR/AUD Weekly OutlookAction ForexIn the bigger picture, a medium term top is in place at 1.5831 on bearish divergence condition in daily and weekly MACD. Fall from there is viewed as a correction and could extend lower to 38.2% retracement of 1.1602 to 1.5831 at 1.4216. Meanwhile, we ...and more »...EUR/AUD Weekly Outlook - Action Forex

A trader's general approach on the currency market must fit his/her way of life - that is, just how much time they trades. Traders who enjoy the marketplace just a few hours a day gravitate naturally to conservative strategies. Traders who invest even more time following task carefully can utilize more aggressive, small-margin strategies.

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