Entering foreign exchange stop losses is more of an art than a science. You have to find out to balance technical elements with intestine instincts to be a great trader. You will have to acquire much experience before Currency trading becomes familiar to you.
Good Luck Gold Bulls (You May Well Need It)Seeking AlphaThe fact that physical gold (spot) is trading at a premium to paper gold (futures) implies that there is a scarcity of physical gold on the market, or there is excess demand for physical gold that is not currently being met, so traders look to these ...and more »...Good Luck Gold Bulls (You May Well Need It) - Seeking Alpha
If you are new to currency trading, start by trading in fantasy markets. You can trade forex without risking any money to see how well you do and perfect approach along with discovering how it works. You can even experiment with various methods prior to risking your genuine money.
Additional resource on Elliot Wave trading
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