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Palladium on external characteristics and their density is between other precious metals silver and platinum. He is admitted the lightest of the platinum group metals: well melted, weldable and forging. According to the latest research palladium content in the earth crust is more than twice then the gold! The largest development fields are situated in Russia, Colombia and Australia. Due to it is low cost of palladium are increasingly replacing platinum and use it in the jewelry industry, mechanical engineering, electrical engineering. This article will present a strategy for trading a doji candlestick formation, which allows you to make the best entrance to the deal and with the high volatility of the instrument to obtain the greatest profit. This strategy is very flexible: it is used on their own or combined with the other analytical tools.
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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