Best practices and/or Simple tips for forex trading
Below are few simple and very important tips to be followed in forex trading.. Watch and move with the price Know and follow the trend as “Trend is your Friend” Change along with the Trend direction and keep in sync with a higher trend direction (i.e. be in sync #2 hours trend in case you are following 30 mins or lesser trend) Don’t plot and/or follow multiple strategies The best and simple is to follow the trend line in conjunction with moving averages Never miss out setting stop loss Don’t be too short on stop loss, good value would be […]
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