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A moving average ribbon is a chart with a sequence of moving averages of various lengths.
For details, www.fxpipsguru.com/moving-average-ribbon/
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Price action trading is a simplistic approach to trade the forex markets that is free from the clutter and confusion of overly complicated indicator based systems. In another term, it is studying the patterns in which the forex trend moves over a period of time with or without the use of indicators.
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Aξιζει να ασχοληθω με forex? Μάθετε αν αξίζει να ασχολιθείτε με το forex στο ForexTraders.gr. Μάθετε περισσότερα εδώ forextraders.gr/
Aξιζει να ασχοληθω με forex? Μάθετε αν αξίζει να ασχολιθείτε με το forex στο ForexTraders.gr. Μάθετε περισσότερα εδώ forextraders.gr/
Trend line analysis is another useful technique to use in conjunction with the Fibonacci retracement tool.
For details, www.fxpipsguru.com/combining-fibs-with-trend-lines/
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A rebate is a discount gained by the trader upon receiving a portion of his or her commission and spread back. A broker is a Forex market middleman who supports a trader’s order to buy or sell an asset on the external international Forex market and charges the trader a commission on the spread for each trade.
For details, see www.fxpipsguru.com/forex-rebate/
The Guppy Multiple Moving Average (GMMA) indicator uses moving average ribbons to provide an innovative approach.
For details, www.fxpipsguru.com/guppy-multiple-moving-average/
- At Pivot, price weakening. Short at this level. SL at 1.4445. TP at S2
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Currencies are traded through a “forex broker” or “CFD provider” and are traded in currency pairs . Currencies are quoted in relation to another currency.
Major support level at a 618 retracement for a potential trend continuation trade. Once the price hits the 618 fib and gives indication of a change in structure on the lower timeframe we can enter the trade.