Successful Forex Traders work so hard to recognize Steps of a Framework and to trade them in the right way. The Steps of the Framework are Reference Points and they repeat themselves. Sometimes the Price Progression is clear, other times it is choppy and uncertain. Forex trading is not rocket science. There is no expectation that you be a mathematical genius, or an economics professor to acquire wealth in currency trading. Instead, clarity of vision, and well-defined, carefully observed goals and practices offer the surest path to a respectable career in forex. Automated forex trading is a method of trading foreign currencies with a computer program. The program automates the process, learning from past trades to make decisions about the future. The Ultimate Forex Trade Entry 'Trick' - If you're a regular follower of my blog you know I've written articles discussing "sniper" and "crocodile" trading and the benefits of this trading style. In today's lesson, I am going to help you understand what this trading style is all about, and I'm going to show you exactly what it means to wait patiently like a crocodile for the 'perfect' trade ... A commonly used moving average by short to intermediate term traders is the 20-period exponential moving average. This moving average may be especially useful in markets such as forex, which may exhibit a tendency to trend. Here is an extremely simple strategy for trading forex using the 20-period exponential moving average (EMA).
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