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Entries: To fight for every pip, or not?

Deciding how to manage your entries Trading successfully can be quite a challenge. Interpreting sentiment, understanding the fundamental outlook for a currency, pairing it suitably with another currency, and then managing your risk are all hard enough. However, once you have done all that a key question still remains: when where should you enter the…

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How to choose a timeframe for trading?

How long should you hold your trades? It often happens that the abundance of timeframes makes traders perplexed. On the one hand, it’s possible to lose a great deal of time while checking all the timeframes. Moreover, technical analysis of different timeframes may provide confusing signals. The idea behind this system is actually more important…

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Japan MoF Asakawa on what is driving the yen

Japan’s ‘top financial diplomat’ Masatsugu Asakawa from the country’s Ministry of Finance  – Global imbalances will be discussed as priority at next year’s G20 meeting You may be wondering why he is the country’s ‘top financial diplomat’. Asakawa heads the department at the MoF that (amongst other duties) decides when the Bank of Japan will intervene in…

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Useful tips to identify support and resistance levels

A couple of pointers on the basics of technical analysis Trading requires a wide range of skills, which sometimes can range from simple techniques to complex patterns. Being able to identify both support and resistance prices trends more towards the former, though this is no less important for any respective trading strategy.

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InstaForex: How to stay ahead in quieter markets

The know hows on dealing with slower trading periods Lulls in trading can present just as much challenges as periods of great movement and volatility. During quieter intervals however, ranges can be smaller due to the reduced volatility with many institutional traders away from their desks – what is the overall impact of this on…

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How to trade on the news?

How to use the news to trade currencies In this article, we decided to gather lifehacks related to trading on Forex news releases. First of all, we strongly advise everyone to check the economic calendar on a regular basis. The further strategy may differ according to your preferences. Some people like venturing into trading currencies,…