If your research strengths lie with examining news, you will wish to concentrate on "fundamental" approaches on the Foreign exchange market. Essential approaches are those that take their queues from political and financial news. In fundamental trading you assess such news and make your trades based on how you think currencies will be had an effect on.
July 16, 2014: Mecklai Financial report on RupeeEconomic TimesIn early trading the Sensex was by 69 points and Nifty was at 7544. RBI allowed banks to issue long term to sell bonds ... The pair is now expected to test the level of its previous pivot low of 1.3500 levels. Indicators like RSI and MACD both have ...and more »...July 16, 2014: Mecklai Financial report on Rupee - Economic Times
If you are new to currency trading, begin by trading in fantasy markets. You can trade currency without risking any cash to see how well you do and perfect strategy as well as discovering how it works. You can even try different approaches prior to risking your genuine cash.
More to learn on Pivot points trading
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