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Thoughts On Forex

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In any Forex training program, it is recommended that don't invest in any market, the stock market, futures, mutual funds, bonds or the foreign currency exchange, until you first invest in yourself. There are many types of Forex training and education for trading techniques and methodologies. These are almost for anyone to everyone (for the novices and experienced traders), helping them obtain the skills, knowledge and abilities to successfully trade in the foreign currency echange.
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Gold is the mirror of Dollar for hedging purposes and the co-relation is excellent. Sometimes, when I am tired of double checking too many "inside infos" rushing in every hour, I just watch Gold to confirm and go ahead with the moves. Gold chart is one of the top charts you must always watch in forex trading. Eur/Gbp chart, along with the Eur/Jpy chart, is an excellent mirror for Eur/Usd directions most of the time too. Gold, Eur/Gbp and Eur/Jpy charts will tell most of the market story most of the time with Gold and Eur/Gbp leading Forex world most of the time. Good luck.

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Forex/Currency Trading: It is a sentiment game w/ a crowd mentality where even the best players w/ the best forecasts are tricked out of good positions by the magic of price action.
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Forex Trading Systems Stories

US Dollar Rebounds as Risk Appetite Returns

Fri, 18 Apr 2008 21:46:14 -0400
The US dollar strengthened against most of the major currencies as a number of prominent US firms posted better than expected earnings, with Fed officials...


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