3 Trend Line Trade Setups that are Worth a Look Right Now – DailyFX

To be effective in the foreign exchange market it contributes that you know the hours of high volume for a specific currency pair. Costs move slow-moving after trading hours and they are fairly much faster on trading hours. It is good to know exactly what time these trades happen to make good money.

3 Trend Line Trade Setups that are Worth a Look Right NowDailyFXFor today’s lesson, we take these trend line principles and use them on three different currency pairs: the GBP/JPY, NZD/USD and the USD/JPY. Any time we can draw a valid trend line, it can create a trading opportunity. We explore these opportunities ……3 Trend Line Trade Setups that are Worth a Look Right Now – DailyFX

Take opinions from others in the markets with a grain of salt. If you permit others to regulate your decisions with speculations and uncertainty, you lose control. The ultimate goal is to build your positioning from solid decision making which can just originate from you and your self-confidence in the knowledge you have actually obtained through research and experience.

More to learn on forex trading basics

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