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Forex Trading Using Elliott Waves
Do you know this fact that if you are not using the Elliot Wave Principle in your forex trading, you are making a mistake. Elliott Waves can be used to help capture the big moves in the market with surgical precision making a lot of pips for you. So, if you have been ignoring Elliott Waves, this is the time to learn and master them.
5 Pro Trading Secrets
The importance of technical analysis in trading cannot be denied. Technical analysis depends on the price action in the market. Price action is purely driven by the mass psychology. But depending too much on technical analysis without going into the fundamentals that are driving the price action in the market can be short sighted. Good traders always understand the importance of fundamental analysis and how it drives the long term trends in the market. You need to combine technical analysis with fundamental analysis!
Dragonfly & Gravestone Doji Candlestick Patterns- A Rare But Highly Profitable Patterns!
A Doji Candlestick Pattern is very easy to spot but it forms rarely when the opening and the closing prices of a security or a currency pair are the same. So there is no stick on the Doji Candlestick Pattern. It is all wicks with no candle body. In essence, a Doji Pattern looks like a cross. There are a few variation to this important pattern. Read this article to know more how profitable this pattern can be.
