Trading successfully is by no means a simple matter. It requires time, market knowledge and market understanding and a large amount of self restraint. Anyone who says you can consistently make money in foreign exchange market is being untruthful. Foreign Exchange by natur, is a volatile market. We are therefore talking about a very fast market which is naturally inconsistent. Following that precept, it is logical to say that in order to make a successful trade, a trader has to take into account technical and fundamental data and make and informed decision base on his perception of market sentiment and market expectation.
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