Friday, August 1, 2014

Gold the Commodity or Gold the Currency? - DailyFX

Getting in foreign exchange stop losses is even more of an art than a science. You have to learn to balance technical elements with intestine instincts to be a great trader. You will have to acquire much experience prior to Forex trading becomes familiar to you.

Gold the Commodity or Gold the Currency?DailyFXGold has come under steady pressure over the past few days. This weakness in conjunction with the selloff in global equities is perplexing to some, but our view is that the metal is unique in that in can trade sometimes as a commodity and other times ......Gold the Commodity or Gold the Currency? - DailyFX

Keep the procedure as basic as possible. Stay with one or maybe two Currency 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 few them are doing at certain times of the day. You will be able to better analyze the details this way.

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