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There are even some auto trade systems available today that can do it all for you. In order to make an online fortune you MUST first learn how to do it before you attempt to use your own hard earned money to try and make money on the forex market. There the patient forex trading gurus who earn millions of dollars per month from currency trading every month, but there are also those who loose millions of dollars. The only difference between the winners and losers is that the winners took the time to learn what it is about and they traded with dummy account before the dived into the market. It is not that difficult to make a good profit from forex trading, just about anybody can do it if you are dedicated and serious
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Basic forex pivot point trading is based on two prevailing tendencies. If a day�s price action begins above the pivot point, prices will tend to stay above that point (fulcrum) until it reaches a resistance point. Conversely, if a day�s pricing action begins below the pivot point, the price will tend to stay below that point until it reaches a support point. A resistance level is a price that tends to prevent further upward movement. A support price is a price action point that tends to prevent further downward movement
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The FX FOREX spot market does not have a physical location or a central exchange this makes it's very convenient for a beginner trading forex currency. Due to the lack of a physical exchange the forex market operates on a 24 hour basis spanning from one time zone to another across the major financial centers.
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Forex Video - US Dollar Remains Weak as Consumption Prospects Fade, What Will the G7 Say?
Fri, 11 Apr 2008 21:58:33 -0400
See the article...
Global Forex | Learn Forex
posted by Forex Guru @ 1:34 PM
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