Trend lines in Foreign exchange trading are basic lines indicating cost pivot points, or the signs of when the cost was withstood or supported. Support and resistance are also basic things to learn, though they might appear hard, do your study on these 3 items initially. Learning about and understanding trend lines will considerably enhance your possibilities on the Foreign exchange market.
Jim Rogers on Opportunities in Russia and Other Hated MarketsCountingPips (blog)Lots of people had periodic bouts of huge enthusiasm. I was short the ruble in 1998, but other than that, I had never invested in Russia, certainly not on the long side. But a year or two ago I started noticing that things are changing in Russia …and more »…Jim Rogers on Opportunities in Russia and Other Hated Markets – CountingPips (blog)
The very best forex traders keep a continuous calm when they trade. Seeing revenues tempts a trader in to undue enthusiasm, however the skilled trader withstands these urges. Being swayed by emotional energy leads a trader into making ill-considered trades that forget his/her threat. A bargain can turn sour all too rapidly when an over-enthusiastic trader jumps into it without looking first.
More to learn on forex lots
- Understanding Forex Trading Basics (Infographic)
- FOREX-Euro holds steady, gets respite after recent sell-off – Yahoo Finance UK
- Forex Micro Lot Trading | Forex Trading Blog – Forex Early Warning
- Man United sign Swissquote as forex trading sponsor – The Star Online
- Don't Gamble On Binary Options – Forbes