Friday, May 27, 2011
End of trend
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"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
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3 comments:
i know the feeling! sometimes we are fixed on a direction.... How do you get your trades in, do you set them up or do you pull the trigger on the spot. I am not familiar with DOM trading. I think you mentioned before you use zlt DOM. I have been wasted away on mt4 for way too long....
This is issue if we are in that we should be in fairly quickly, but if we miss out on that then the best thing is to just wait up. I am doing Forex trading with OctaFX broker where I can catch trends pretty early thanks to their cTrader platform, it’s especially develop for ECN trading and help us in so many ways which is why I always prefer it and it makes analyzing easier to allow me to catch trends.
The forex market is driven by interest rates made by any of the eight global central banks. interest-rates are important to traders as the higher the rate, the more interest earned on currency invested and the bigger the profit
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