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The Most Powerful Forex Technique - Trading Breakouts
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In the world of trading and in particular within the Forex market, the movement of a currency pair, or price action, does 1 of 3 things: it moves up, down, or sideways. Within these types of moves, especially when the price action is moving up and down, we will find trends forming. We also find pullbacks, reversals, continuations, slowdowns in volatility, and pauses and hesitations, which are also known as periods of consolidation. Typically at these times you might see small movements, where price moves sideways in a narrow range. In other words, currency exchange rates in the Forex market do not travel in a straight line. And this is what makes trading so hard to predict.
Each time you pull the trigger and...
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