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What about Forecasting: Predicting current and future market trends using existing data and facts. Analysts rely on technical and fundamental statistics to predict the directions of the economy, stock market and individual securities.
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I use very primitive Forex charting methods. Please read 8 hour charts of EUR/GBP with 20 and 40 MA, and read round figures and breakout (from consolidations, then you will realize the method cannot be more primitive than that, but still deadly effective). Buy on dips towards the support and add up on breakout of that consolidation treating the two as one trade with same stop loss and "keep them" as long as the market moves in your way.
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At present mostly all the operations on the Forex market are conducting only to obtain profit. With the development of Internet and other means of communication this sector of the financial markets becomes more accessible and attractive for the investors of different levels.
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Woes continue for USD with further cuts firmly on horizon
Fri, 09 Nov 2007 06:15:56 GMT
New Zealand dollar
NZD volatility continues.Forex Trading Systems | Forex Trade
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posted by The Forex Broker @ 1:09 AM
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