Support and resistance levels form when a number of orders cluster at one point on the chart, and this is particularly true when a large institutional trader, such as a hedge fund or currency manager, is entering the forex trading market with a massive order.
If the institutional trader entered such a large order all at […]

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No market trends like the forex trading market, and simply riding a trend can be the quickest path to profits. Unfortunately, inexperienced traders are too often content to glance at a chart, note that the currency pair is higher on the right side than the left, and assume that means the pair has embarked upon […]

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