Candlestick patterns A person should open a practice account an stick with it until they can make money consistantly. Then they should open a small account ($1,000-$2,000) and trade partial lots till they get the hang of it. And unless they like scalping (10-15 pip trades), they should aim for 100 pip trades. The only way I could ever make only 10 pips is to risk 30.
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Why OANDA Jump up ^ "Singapore Overtakes Japan as Asia's Top Foreign-Exchange Hub". Bloomberg. 6 September 2013.
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Foreign exchange fixing is the daily monetary exchange rate fixed by the national bank of each country. The idea is that central banks use the fixing time and exchange rate to evaluate the behavior of their currency. Fixing exchange rates reflect the real value of equilibrium in the market. Banks, dealers and traders use fixing rates as a market trend indicator.
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Read More » More times than not, when the ceiling breaks, the price will continue shooting higher. I personally have an above 70% success rate with this specific pattern.
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