Monday, January 19, 2009

Forex Chart Tricks


Trends
The Forex markets have been studied for over 100 years and over that time trends have repeated themselves and patterns have become consistent and fairly reliable. It is very important to understand that prices move in Trends and those traders who trade with the trend are more successful. Finding the trend will help you become more aware of the market direction.

Always find the trend and trade with it, not against it. This applies even if it takes days or weeks for a new trend to become obvious.

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