The earlier you start investing in the Forex markets the more money you could make. Of course you can also lose money. It is important that you learn the correct way to trade the Forex. Consider using a good service that will teach you how to trade correctly. There are many roads to learn to make money investing so make sure you choose the right road. Make sure you get what you pay for if your new try and use a service that can help you learn to make the right decisions. The Forexmentor Live! interactive training in trading Forex includes unlimited access to the live trading classroom, detailed tutorial videos used in trading client accounts, a step-by-step guide to the LPT Method, technical analysis, detailed presentations throughout the day, live Trade Alerts, access to Professional Fund Managers, access to live news feeds in real time and so much more.
Forex and stock traders are looking for the consistently wrong investor, trader and take the opposite position. This will obviously lead to winning trades for them. All traders have read trading books that point out that increasing volume is good for the continuation of the trend. Many new stock traders will try and fight the trend.
Wednesday, March 31, 2021
Stay in the trade
When the market is selling off it may be not wise to sell and go to cash. Look at the charts for support. If you pull out you could lose a trading opportunity. You could close the trade and go short. This could lock in your losses and maybe start a new winning trade.
Tuesday, March 30, 2021
GBP/USD, chart
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Triangle identified at 30-Mar-22:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3846 within the next 2 days. |
EUR/GBP
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Falling Wedge identified at 30-Mar-21:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.8505 within the next 3 days. Supported by Downward sloping Moving Average |
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