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Gold; Buy on dips: Bearish engulfing and double top: Trend line break out and Double bottom: Inverse Head and Shoulder: The downside prevails, The break below 1. The bias remains bullish, Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. The upside prevails, The RSI advocates for further advance.
The downside prevails, The RSI is bearish and calls for further downside. Under pressure, The RSI is bearish and calls for further decline.
The upside prevails, The break above 0. Key resistance at 0. The downside prevails, The RSI is bearish and calls for further decline. Higher leverage can be extremely risky, but because of round-the-clock trading and deep liquidity , foreign exchange brokers have been able to make high leverage an industry standard in order to make the movements meaningful for currency traders.
Extreme liquidity and the availability of high leverage have helped to spur the market's rapid growth and made it the ideal place for many traders. Positions can be opened and closed within minutes or can be held for months. Currency prices are based on objective considerations of supply and demand and cannot be manipulated easily because the size of the market does not allow even the largest players, such as central banks, to move prices at will.
The forex market provides plenty of opportunity for investors. However, in order to be successful, a currency trader has to understand the basics behind currency movements. The goal of this forex tutorial is to provide a foundation for investors or traders who are new to the foreign currency markets. Looking at the history of your trading results as well as since I joined you I can say that you are the most consistent and the best around! So, I finally decided that I will not go anywhere anymore to other services not try other strategies on my own.
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