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Forex Books big help for newbies
#1
To identify a trend, we would be using a couple of rules. First, the Rainbow MA should be in agreement with the intermediate trend, the 50-period Exponential Moving Average (EMA). It should be on the correct side of the 50 EMA. Then, price should be pulling away from the Rainbow MA to the direction of the trend. Lastly, as price pulls away, the Rainbow MA would have a tendency to fan out, so it should be fanning out wide enough. Then we wait for the pullback.During a slowly chugging trending market condition, the returns would be smaller. The reward-risk ratio might suffer a bit, but you could be having several entries available. You could milk these trends for several entries, getting in and out as the market slowly moves to the direction of the trend. However, you should also get a feel as to when the last entry could be. Trends could last for three to five entries during these scenarios, sometimes even more.
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#2
This is an exciting time to get into Forex Trading for beginners! It seems you're a beginner and looking for a better trading guide and way to not to lose money again on forex trading and a guide to trade again in your favorite MT4/MT5 trading platform or whatever you use. If I'm right about this and you are interested to learn about forex basics, then you are really a smart guy who cares about what do things. Anyways, you're no more talking let's start.
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#3
But, the thing is 95% of newbies can't earn back from their first few investment/deposit. It's not wondering for me if you got shocked by reading this. I can assure you, probably you've already lost a few bucks and started to look for the way, the right way to trade here.Smart guys hate being greedy. If you found yourself greedy now, please be cautious!! It never that much easy! If it so then why your acquaintance isn't known/trade here? So don't think it's too easy and you can grab a big amount of cash from it. A good number of risk here, and if you don't think about it, you are gonna lose your capital.
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#4
You will earn 20% in maximum - when you're a regular trader. The average percentage is 10% of a single trade. I do 8 – 12% depending on the financial market. I know a few guys who made 200% from a few trades. Do you know? Then what happens - lost 300% on a single big bump. Unfortunately, they were greedy, and those guys don't like forex now. Trading is so far!Yes, learning is a must know things. You will get a few strategies from my next posts about learning the industry facts. You must, need to know what makes candle moves. How it goes thaAAA-t much high and too---------o much down. There are many things to impact on Meta Trader's candlesticks/bars are works for it. As you already can guess, economy/financial factors do things matters.
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#5
Well, I am not letting you read economics in university now. But you gotta know about a country economy. In my word- you must take your eye on US & EU economy. Because maximum business/economical things processed by those countries. And China is considerable too. In a chain - you gotta know about China, Japan, Russia, Great Britain, and European countries conditions. Notice here – I didn't mean to the economy. You gotta look to those big country's political stability, movements and of course stock market trends. Choose to be aware you're trading pair's respective countries economy and their currency/bank/economic policy and their behavior about it.
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#6
While you put a trade in a trading application, you are choosing 1 side between 2. Most of the people do it too. Well, when most of the people on the same side, the bank decides to make their profit. Guess then? They change it to against majority trending so those people can lose their money and bank, able to grab it. So when you're in a common side in trading you will lose money. No matter you buy or sell, if you're in common side - you're gonna lose it. When you lose money, you need to know, how to recover your lost money from forex trading. That's the factor in forex trading which matter most.
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#7
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Westernpips Group is one among a few companies that offers with a fast and quick data feed straight from the exchanges for arbitrage FOREX and HFT Trading. Owing to this direct data feed, their customers receive reliable, fastest, as well as accurate quotes. Currently HFT Trading is one of the most popular, risk-free, and profitable trade systems, and with the help of Westernpips Software, it has become much, much easier. 
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#8
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#9
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