Thursday 22 March 2012

The Wonderful World Of Forex Currency Trading

You should never trade solely on emotions. Anytime strong emotions such as excessive greed or anger come into play, you are less likely to make educated and rational decisions. Granted, emotions do have a tiny bit to do with everything in life, and trading is no exception. Just don't let them take center stage and make you forget what you are trying to accomplish in the long run.

As a beginner in Forex, you will need to determine what time frames you will prefer trading in. The shorter one hour and 15 minute charts are a good way to quickly move trades when you want to exit a position in just a few hours. Scalpers use the 10 minute and 5 minute charts as a way to enter and then exit as

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