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 Moving Trend Analysis
 
 2/2/2007 4:06:18 PM
User is offlinebobby
5 posts


Moving Trend Analysis

The moving trends can be guessed through the Ready Reckoner Data. Technical Analysis Has Its Own Value For The Speculation But The Important Thing Which I've Observe & Amazed for Me & Every New Trader That Technical Analysis Has The Zero Value In Contrast Of Fundamental Like Fed Chairman Speech, Trade Balance, Employment Rate, CPI, RPI.PP & Many Others Economic Indicators, because FOREX exist in the Real World. Every Good Trader Who Trade 15 pips a day & Out From The Market and not just believing on the news but also Design Their FOREX plan every day in the beginning of Trade & Sketch The Technical.

 2/2/2007 4:09:33 PM
User is offlinekaiden
10 posts


Re: Moving Trend Analysis
We can't believe on either the fundamental or technical alone. You will have to combine both and develop your own trading strategies. Also remember you need to have different game plans for different situations. One model does not always work. We have to adopt the Darwin’s theory to survive. Also one thing that is very important and all bank traders know - To avoid volatility, try not to trade around news releases and economic numbers. That's just purely gambling; the worse case it you are leveraged up to the sky. Also, trading along British hours is successful.
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