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Number of messages : 46
Points : 983
Date of Entry : 2015-09-03
Year : 26

FX Trading Ideas

on Wed Sep 27, 2017 6:24 am
You have the current USDCAD Daily on 27/1/17 chart showing a classic butterfly pattern. The price is currently moving down to the last point D, to complete the setup. If this point is met chart theory suggests you can get a Fibonacci retracement of at least 38.2%.
This is an extension pattern that uses specific Fibonacci ratios to validate the structure. This trade gives better than a 4:1 risk ratio with a potential 2.3% gain. 
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Michale Clark
Number of messages : 23
Points : 136
Date of Entry : 2017-08-27
Residence Country : Michale Clark

Re: FX Trading Ideas

on Wed Sep 27, 2017 4:06 pm
When you first decide to trade Forex, you will need to locate a reliable broker. It's very important that you familiarize yourself with the software the broker uses for making trades analyzing the market any other features they may offer. Many have a training or tutorial account that will allow you to signup make trades for free. Alpari is one of the world's largest forex brokers with years of experience in the field. It provides quality services to its clients.
They offer minimum deposit facility, high leverage and fast execution also they are very friendly and a one step further from other trading broker. I am getting economic data and calendar from them, because as a fundamental analysis I need them most for successful trading.
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