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Friday, April 11, 2008

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USING STOPS
Please always give stop order per your risk profile when you open any new position. Medium-term reversals can be confirmed only in monthly, weekly and daily charts. Chart reading is not to predict the tops or bottoms of any move, but to confirm the change of trend as soon as they are made and adopt right strategies in that new trend. Good trades.

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Forex currency trading is a form of trading that offers a much greater potential for profitability at the same time the risks are much greater. Foreign currency trading is trading based on the always fluctuating currencies of other countries and how they interact with each other. Since there is no single dollar value, as fluctuations in one foreign currency affects all others, foreign currency trading is always exciting and always changing directions.

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In the process of trading you can create pending positions, that will be activated when the price reaches the agreed level (open price). When creating and closing orders, a temporary delay occurs, and lasts for about 30 to 40 seconds. When you make an inquiry, you are given a real market price, which is the current price at the moment of proposal, not at the moment of inquiry.
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