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Myths That Thrive In Many Forex Trader Communities

Myths That Thrive In Many Forex Trader Communities

Many traders belong to different kinds of forex communities. Some congregate on certain blogs, while others hang out in a live trading room with other traders. A forex forum however, is the most popular amongst traders, as it provides them with room to voice opinions and also learn from other traders.  Unfortunately, many traders have […]

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Can You Still Make Money With Forex News Trading?

Can You Still Make Money With Forex News Trading?

It is a well-known fact that forex news trading is one of the easiest ways for you to get started in the forex market. This is because, unlike other forms of trading, it is not dependent on any technical indicators, or any elaborate trading tool. With forex news trading, the trader simply makes trade decisions […]

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Pairing the Strong Forex Rates with the Weak

Pairing the Strong Forex Rates with the Weak

When you pair strong forex rates with weaker ones, the chances are that the stronger one will prevail.  This should be borne in mind when you undertake foreign exchange trading and you are in the process of choosing currency pairs. The Matching of Forex Rates in Currency Pairs Forex trading is always done in pairs.  […]

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Forex News Trading Examined

Forex News Trading Examined

Forex news trading is one of the numerous strategies that can be used to make money from the forex markets. The focus is to cash in on the usually volatile moves that happen when any economic news hits the markets. As it is common for a company’s stock to get affected when news about a […]

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Forex Rates: What Is It?

Forex Rates: What Is It?

It is literally impossible to accurately predict forex rates.  In order to attempt this feat you are required to conduct a detailed analysis of the different forex market trends and even then an accurate prediction is not guaranteed.  There are two different types of trading analysis which can be used to determine these FX rates; […]

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Foreign Exchange Melbourne Strategies Anyone Can Trade

Foreign Exchange Melbourne Strategies Anyone Can Trade

If you’re a newbie to trading foreign exchange Melbourne, then pick an easy “day trading” strategy that can give you room to experiment and profit at the same time. Open up a 15-minute chart of the AUD/USD and place a “Williams Alligator” on the chart (inputting “13, 8 and 5” for the time periods needed […]

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Reasons Your Fx Strategies Fail At The End Of The Day

Reasons Your Fx Strategies Fail At The End Of The Day

Most of the time traders find fx strategies that look very promising on paper and decide to give them a go.  They go ahead to try out on a demo account and everything looks perfect. For some “unknown” reason though, as soon as the strategy goes into a live trading account, the story changes. The […]

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Foreign Exchange Melbourne: How To Prepare For FX Trading

Foreign Exchange Melbourne: How To Prepare For FX Trading

The easiest way to prepare for trading foreign exchange Melbourne is to research the forex industry – in depth – and decide what kind of trading style you prefer. As a capital market, forex is extremely big. According to the latest survey of central banks done by the Bank for International Settlements, the forex industry […]

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Foreign Exchange Melbourne: When To Trade The Forex Markets

Foreign Exchange Melbourne: When To Trade The Forex Markets

There’s really no right (or wrong) time to trade foreign exchange Melbourne. To a large extent, it depends upon what kind of trading you’re doing – and, then, which currency pairs you’re trading and what kind of news is impacting them. For example. if you’re “day trading” the AUD/USD, then you really only care about […]

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Australian Forex Brokers: Internet Trading

Australian Forex Brokers: Internet Trading

Australian Forex Brokers and Other Ways the Internet Changed Trading The internet has changed the way that we do a lot of different things.  The way that trading is done has been altered by the internet.  There are a number of ways that the internet has changed trading and you should consider this.  There have […]

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