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Thursday, August 5, 2010

11:00 AM

Free forex Information


What you should do is learn all about technical analysis and everything you need to know you can get for Free. You can learn all about chart formations and indicators and there are many free chart services that you can use with full explanations included.

You can also get a lot of free information on money management techniques which is the foundation your systems success is built on. You need to understand everything about volatility and standard deviation of price and there is plenty of material on this too.

You then need to formulate a Forex trading strategy and put your indicators into a system. There are many to choose from but the two every trader should learn are, Breakout methodology and Dow Theory. If you learn these two methodologies, you will understand how the markets really move and how to generate high odds trades.

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