Friday, July 25, 2014

EUR/USD To Extend Declines In Absence Of Bullish Reversal Patterns

You must never make use of forex trading simply to feed your own desire for excitement. Succeeding with forex trading needs discipline. You cannot simply make a trade for fun and expect to be effective. You can not be silly when making these kind of choices, particularly if you have great deals of money on the line.

EUR/US D may be primed to continue its descent with a void of key reversal candlesticks on the daily. While a break of the critical 1.3500 handle was initially met with some hesitation from traders (denoted by a couple of Doji formations), a push to 1.3400 now appears likely....EUR/USD To Extend Declines In Absence Of Bullish Reversal Patterns

If you are brand-new to forex, start by concentrating on a single currency pair then broaden as your skills enhance. When you initially enter the world of currency trading, professional traders recommends that the best method to practice and tone your trading skills is to trade just the most liquid and widely traded currency pairs, at first.

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