Sunday, October 12, 2014

US Dollar Falls -- But Don't Rush to Blame the Fed - Elliott Wave

Think about forex trading in regards to possibilities. Absolutely nothing in investing is ever before a certainty. In some cases, you will lose, even if you did all of the right things. That does not suggest you made a bad trade, it just means that the possibilities turned against you. Thinking in regards to possibilities will help you focus on the realities of the scenario.

Elliott WaveUS Dollar Falls -- But Don't Rush to Blame the FedElliott WaveIn early morning trading on Thursday (Oct. 9), EURUSD, the euro-dollar exchange rate (and the biggest forex market by volume) hit a fresh two-week high, coming within pips of 1.2800. From the low of just below 1.2500 on October 3, that's a 300-pip ...and m...US Dollar Falls -- But Don't Rush to Blame the Fed - Elliott Wave

If you are new to forex, begin by concentrating on a single currency pair then broaden as your abilities enhance. When you initially get in the world of currency trading, professional traders recommends that the best method to practice and tone your trading abilities is to trade just the most liquid and commonly traded currency pairs, in the beginning.

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