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23.02.2015 admin
In the midst of stock market volatility, there are pockets and places where currencies are trading sideways.
Wait for prices to create a lower low near this support zone while CCI is creating a higher low. Set your take profit level at the same distance as your stop for a 1:1 risk to reward ratio. Wait for prices to create a higher high near this resistance zone while CCI is creating a lower high. DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.Learn forex trading with a free practice account and trading charts from FXCM.


May 1, 2014 While short-term trading is attractive to many new traders, We share a strategy that can be used to trade short-term momentum with a focus on risk 7 of them want to day-trade, or as we call it in the forex market, scalp.
Jul 9, 2013 My 50 pips a day strategy trading FOREX CFDs - VERY SIMPLE You are welcome to join my Trading Group and see how I trade daily!. This volatility may produce wide ranges and additional trading opportunities on the JW Ranger strategy using cross pairs (see below for AUDNZD). This type of market generally occurs during the Asian trading session (4p – 2a ET) or during the first week of a new month (with several major news announcements that week). Therefore, they tend to be strong trading partners and their economies will closely follow each other.


This provides a potential for some currencies to stagnate through the week offering us an opportunity to trade the JW Ranger Strategy. So find a pair that has been range bound (it can be other pairs since this is a range strategy).



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