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It Is Always About Me, Isn't It?
A characteristic of childhood thinking is the child’s assumption that whatever happens “is all about me.” The tendency of children to blame themselves for their parents’ difficulties causes them great pain, and if this kind of “it’s all about me”...
Managing Fear
The following article is offered for free use in your ezine,
print publication or on your web site, so long as the author resource box at the end is included. Notification of publication would be appreciated.
Title: Managing Fear
Author:...
Paternity Test: Are You The One?
With the dawn of the new era of technology, everything seems to be possible under the sun. With high tech gadgets and innovative devices, you can detect a fingerprint, a person lying, and even determine the father of your baby through paternity...
Restoring Civility
Restoring manners is not as simple as mandatory etiquette classes. The root causes of our loud, short fused society go much deeper -- but there is a cure!
When I was an undergraduate some classmates were having a discussion about their...
Techno Witch II, Magic With Your PC
You've heard of applied science, well how about applied Magick. The personal computer is just a tool after all, so in theory you should be able to apply the ancient traditions to the modern ways. Here are a few ways that I think you can use your...
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Forex Training Follow Your Gut or Your Broker
Which way will the forex market move? Do you just follow your gut feeling? Or do you have Neo’s sixth sense that would let you be one with the market and feel the underlying currents.
Trading forex is a non stop action movie but a good one, where you really don’t know who will win at the end. Every forex trader is trying to predict the winner of his own movie.
The forex markets move fast. Can we understand why they move? Yes, we can but only by having a feeling for the market, the instinct to know in which direction to move. Will our intuition enable us to predict the forex markets every move? Of course not. But understanding what makes the markets move will give the edge in making better trades.
What do we need to know!
- Who trades forex?
Traders, investment funds, corporations, banks and governments.
- Why do they trade?
Traders go for a quick speculative profit. Investment funds avoid risk and follow the long term trends. Corporations are trying to hedge on currency fluctuations. Banks are short term traders, market makers and hedgers. Governments trade currencies to keep there countries markets stable.
Now that we know who the players are we must understand ourselves. As the other players trades will impact greatly on our own. We need to decide on our trading strategy. There are just too many strategies to be covered in this article so please visit Forex Value Guides to
for more information. http://www.forex.value-guides.com
But no matter our strategy, we must be disciplined and not let our emotions take over. That is not an easy thing to do when the markets go wild. We need to keep calm to analyze the other players to reach our profit goal.
Don’t believe anyone who says trading is easy. You need a lot of will power not to keep changing your mind every minute and sharp analytical skill. Not only to understand the other players but to comprehend world events that have an impact on the markets.
What strategy should you choose? Each trader needs to develop his or her personal approach to the FOREX. Some traders rely solely on technical analysis while others prefer fundamental analysis, but many successful FOREX traders use a blend of both to get a broad overview of the market and for plotting entry and exit points.
There are many valid tools available to recognize market movements. The novice FOREX trader is well advised to study each one individually for getting a working knowledge of their concepts and use. Once one has been understood, keep on using it while studying others. Each method tends to reinforce the others.
About the author:
David Jones is a freelance writer and world traveler who writes on subjects in which he has a personal interest. Forex Trading
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