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In its simplest form, moving average crossovers are the fastest ways to identify new trends. It is also the easiest way to spot a new trend.
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Personal Finance History - Videos Travis Ochsenbine For example, the GBP/USD rate shows the number of dollars one pound can buy. If a trader believes the pound will increase in value against the dollar then they use dollars to buy pounds. If the exchange rate rises then they can sell the pounds back for a profit.
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Goku says: 11:45 For example, when you see such a big candlestick (below chart), while all the indicators met a good long trade setup condition, you think you have found a PERFECT trade setup, and so, you take it right away:
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