Trading For A Living In The Forex Market by Trading Intl.

By Trading Intl.

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By Trading Intl.

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All training material found in this manual and provided by Trading Intl. C. are held proprietary to Trading Intl. and Any duplication or reproduction is strictly prohibited and must be surrendered on demand. com 29 The significance of trends is a function of time and volume. The longer the prices bounce off the support and resistance levels, the more significant the trend becomes. Trading volume is also very important, especially at the critical support and resistance levels. When the currency bounces off these levels under heavy volume, the significance of the trend increases.

52. All training material found in this manual and provided by Trading Intl. C. are held proprietary to Trading Intl. and Any duplication or reproduction is strictly prohibited and must be surrendered on demand. 7. Mathematical tools for the technical analysis (Technical indicators) The quantitative or mathematical tools for the technical analysis called the technical indicators are being obtained as a result of the mathematical processing of prices averaged in time as well as other characteristics of market movements.

All training material found in this manual and provided by Trading Intl. C. are held proprietary to Trading Intl. and Any duplication or reproduction is strictly prohibited and must be surrendered on demand. com 40 Pennants. The pennants are closely related to the flags, so the same principles apply. The sole difference is that the consolidation area better resembles a pennant, as the support and resistance lines converge. If the original trend is bullish, then the chart pattern is a bullish pennant.

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