Forex encyclopedia

It only takes one bad decision to cost you the hard earned efforts. In trading there are no shortcuts. I believe the best way to trade is to take a long term position that will give you the maximum return with the least risk. It’s really that simple. The way to take this journey is being a good navigator. Chart your journey navigated your course, be certain on critical areas like support and resistance. Simplify and simplify again. Get rid of all unnecessary distractions. Only use the most important indicators and get rid of everything else. Then you can drive to your destination and sail the Charts like a navigator or sailor who casually knows the sea and that his course is set, he has peace and is not worried at all. Even if it comes back he know that, so he has that planned too.
This consumer sentiment index represents results of survey of consumers, which is conducted by Michigan University. Questions touch upon confidence of citizens in economic conditions and prospects for the nearest future. Obtained figure throws light on respondents' sentiment and their intentions regarding spending money. Index is published twice a month. The fist one is the advance report announced in the end of the second week, usually on Friday. In two weeks final report is published. Publication time is 10:00 a.m EST (New York). Market respond to published data is minor. Index growth is favorable towards consolidation of national currency.
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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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