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Random article: Trading mistakes: common errors in day trading
Every day more and more people willing to earn come to the Forex market. But unfortunately a few of them realize that earning on the Forex without experience and at least basic knowledge is a dead-end track. Until the time of getting abundant profit comes and trader may be called successful, one needs to make efforts to acquire theory and subtle of the Forex market. According to statistics, novices always make mistakes and step on a rake in the same way their predecessors did.
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Popular article: Basics of Technical Analysis
By technical analysis we should basically understand employment of price chart (and results of its math interpretation) for further market and price forecast. Technical analysis rests upon repeated nature of market and implies that ups and downs of currency quotations on charts are rotated according to certain time periods. An advantage of technical analysis is its universal application: with its help one can research any financial contract for any period of time. The market accounts for everything. That means that any event, which could affect price behavior is already accounted by market and is reflected on the price chart. This proposition means that all factors impacting the price will be definitely reflected in its behavior, therefore, it is required to monitor quote graph.
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CGPI Japan Corporate Goods Price Index
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Forex encyclopedia
Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
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