Wednesday, September 17, 2014

USD/CHF Technical Analysis: Franc Drops to 12-Month Low - DailyFX

Think about currency trading in regards to probabilities. Nothing in investing is ever a certainty. Sometimes, you will lose, even if you did all the right things. That does not imply you made a bad trade, it simply suggests that the probabilities turned against you. Thinking in regards to probabilities will help you focus on the truths of the scenario.

USD/CHF Technical Analysis: Franc Drops to 12-Month LowDailyFXThe US Dollar launched higher anew against the Swiss Franc, rising the most in a week to establish a new 12-month high. Near-term resistance is at 0.9463, the 23.6% Fibonacci expansion, with a break above that on a daily closing...USD/CHF Technical Analysis: Franc Drops to 12-Month Low - DailyFX

You can constantly attract attention of a trade, you have that personal right. If you are doubtful about your position of a trade, it is best to avoid of it. If you do not have sufficient details to make an educated choice, it's better to sit out of the trade than to make high-risk uninformed choices.

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