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Short Term Range Trading Strategy
We have all heard the saying that “the trend is your friend until it ends”. But what happens when the currency pair has no defined trend? What happens when the currency is range-bound or in consolidation? Is the asset still tradable? Many traders would simply walk out of the market, waiting until the next trend […]
Read Some MoreHow to Use Support and Resistance in Trading
If you are to succeed in this journey we call Forex trading, you cannot run away from the concept of support and resistance. You need to know when bullish runs will take a breather, and you also need to know when traders will tire of selling. Some of you have at one time or the other, […]
Read Some MoreUnderstanding Wedge Patterns
In today’s article, we will look at another set of patterns that can be derived from the charts and could be used by the trader to make money from the forex market. This pattern is the wedge pattern. The wedge pattern should not be confused with any other triangle pattern. In a wedge pattern, both […]
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