Saturday, November 7, 2009

Forex Strategy- Following Existing Trend

When you trade with existing trends, you are going to be analyzing the market and its price moves. Once you learn the ins and outs of the system, you will be able to spot the signals that indicate different price moves. This may be a good catch of a grip over the market. This system is absolutely dependent upon the promise that trends are much more likely to stick than they are to change.

The forex market is not nearly as predictable as some other investment markets simply because of the liquidity involved in the market. People can move their cash quickly, so the market is ever-changing. Still, the market is stable enough that if you can base your strategy around trends, you will know what is going to happen with alarming regularity.

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