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Random article: Forex Motivation
Having found oneself on the Forex market for the first time, a beginning trader wishes to achieve success similar or better than those attained by other traders. A beginner does not realize how much time and efforts were contributed by successful traders to accomplish a high goal. However, we should remember a famous proverb “A cat in gloves catches no mice”. To attain success, it is required to work a lot and contribute a bunch of efforts and time. All traders have been in such a situation, and here is the time for right motivation. A simple question arises: “For what purpose do I need to motivate myself”?
Technical levels are one of the crucial elements of technical analysis on the Forex market. Technical levels represent a certain value approaching which the price faces resistance in further movement. On the chart it is pictured as zone (level), where price went and bounced off later, repeated its movement to the level again and without being able to pass it bounced off. Such approaching and returns can take place on a repeated basis and the more efforts are made, the stronger price level we have.
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