Monday, 4 July 2011

Forex Trading Strategies: 3 Golden Rules

When you read a few books or visited some forex forums forex trading online, you will quickly realize that there are almost as many different forex trading strategies as there are traders. People have their own style, but more than that in currency trading there are many ways to make money.

So there is no exchange rate system than you need to follow to take advantage of currency trading. However, there are some guidelines that apply to how you approach your trading and they are true for anyone. I call them the golden rules of negotiation.

1. Follow the trends

business strategies and the most forex systems focus on identifying trends and there is good reason for it. The trend

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