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Showing posts from June, 2011

Low Risk Forex trading.

Low risk forex trading strategy-Divergence Trading. Forex trading involves significant risk of loss.So what about a system with very low risk? Sounds good! Follow the few easy steps ,before that you need 2 top qualities as a trader A.Decipline B. Patience Ok provided you have those two .lets start 1. Basis               -Identification of the reversal of a trend. 2.Essentials               -Trending market-  A clear trend must exist either bullish(up) or bearish (down)               -Should be able to draw a valid trend line- Line should touch at least three   tops or bottoms.               -Know your support and resistance levels- R1 and S1( when the price reached R2/3 or S2/3  ...