18 November 2009

Graphs. Main principles

Charts Forex - a proven way to achieve big profits, but most traders use them incorrectly. Let's look at the main principles of successful technical analysis Forex:

If you look at any chart in online Forex trading currency, you will see the major trends that may hold in the market for months, and if you want to make a profit, you need to understand for themselves the following fact: most of the big trends start with the breakthrough and reach new heights, or the bottom, and you should follow these trends. Most traders do not do that and lose. They wait until the price returns to its original place, but this does not happen. Most likely, the trend would continue its movement in one direction, follow it.

Be patient, using charts Forex. You will not receive remuneration for the number of attempts.Professional traders enter the market 3 times a month and receive a triple profit. Wait for the right moment!

If you decide to take the trend, always check the current price level, its direction. Never trust someone who says, if the price movement may be calculated using a mathematical formula! This formula does not exist.



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