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Random article: Drawdown Support
According to this technique, you should increase the volume of your position if the financial market moves to the side, which is not opposite to your trade. This technique suits strategies that based on the turn of price. The initial price movement is against an open position but then price moves to the proper direction and a trader closes the trade with profit. The drawdown support is the exact antithesis of the Maximum Favorable Excursion method.
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Popular article: How to discover a credible Forex broker?
Because of an abundance of the information in the web, some traders may get confused about their choice of a Forex broker. Here are some tips for finding a credible Forex broker. Regulation: Forex brokers should be well regulated which means they will be managed by regulators and complaints of clients can addressed to a certain entity. Order execution : Good broker offers competitive and fast order execution. Find out how good execution of a broker is using test amount on a real account.
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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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