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I have been searching lately for some really effective tips for trading foreign exchange but not really able to find some. Can any of you help me with forex trading tips?
Have a understanding about overlapping market hours and trade when two or more markets are open and highest volume of trades is conducted.
Never move a stop loss hoping that market will turn in your direction, learn to stick with stop losses.
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Avoid too many of indicators, signals, and trading strategies, they can actually confuse you and do more harm than good.