The question is how does a successful trader make trading decisions? Does he use his gut feeling? Certainly not; every successful trader follows a forex trading system. The forex trading system if used correctly can save lot of money ...
Why A Trader Should Use A Forex Trading System
Source: www.forextradingreviewer.com
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EUR/JPY technicals
Initial resistance is at 137.30, yesterdays highs with Fibos at 137.44 and 86 above there. Support is at 136.35 and 135.65. Hourly trend is more or less flat which favours range trading though a 5-wave count from the 139.20 spike high is a bearish...
Price action taking its toll
Lots of grumbling out there from both the professional and individual trader community today as prices rally and reverse and then slide and reverse. After lots of to and fro but not much new from a fundamental perspective to cling to. The main headlines today (Russia and Brazil cozying up to the...
USDCHF stays in a trading range between 1.0461 and 1.0624
USDCHF stays in a trading range between 1.0461 and 1.0624. Support is at 1.0461, as long as this level holds, another rise to re-test 1.0675...
The Forex Week Ahead: Cable To Snap?
Weekly Trade Plans on the majors show separation between the pairs; cable and aussie long, euro, swissy and cad to range trade, and buyers coming into the ... See all stories on this...
FOREX-Euro up vs dlr in choppy trade; ECB, BoE in focus
By Nick Olivari NEW YORK, June 4 (Reuters) - The euro swung between gains and losses but was trading up slightly against the dollar in choppy trade on ... See all stories on this...