and actions in an arena of constant temptationmost people cannot do this consistently, and thats why many people are bad at trading. The market has broken below the 6,000 level. Last 48 Hours, last 7 Days, last 30 Days.
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The 'Holy Grail' Of Forex Trading Strategies Is To Use The Daily Chart Timeframe.
Let's face it, 95 of you reading this are probably not consistently successful traders, in fact, you've probably blown out a trading account or three by this point.
You probably enter a trade and then sit at your computer watching the market tick away or reading economic news for the next two hours, unable.
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Make the switch. Pre-defined and fully customizable layouts, integrated advanced charting tools with on-click dealing. However, keep in mind, this obviously only works if you can remain disciplined enough to not jump back into the market on revenge after you have a losing trade.
My main trading philosophy is to trade Forex like a sniper, and this is a prime example of how thats done: Why you need to make the daily time frame your primary chart starting today. Markets, professional trading platforms, our suite of powerful trading platforms was designed to meet the demanding needs of currency traders. How is that possible you might ask? So, you can enter long here, and hold as long. Yup, thats correct, 1 big winning trade a month. Having patience and discipline to focus only on the daily charts takes more effort from your more highly-evolved brain areas. I anticipate CAD going into correction which has been hold up by Crude drop but Crude has stabilized so far. Learn more Trade forex along with the most popular shares, indices and commodity CFDs with m open AN account Or, give a demo account a test drive. This is the high as indicated by the arrow. NZ Dollar Declines Despite Rising Manufacturing Index.