Forex trading has been complicated over the years by the barrage of technical indicators and proprietary trading systems. Forex trading, in its most basic form, is actually quite simple and I wish more people understood that there isn't a special indicator or magic system.
I suggest traders go back to the basics and trade what is obvious. If a country's economy is growing stronger then they will gain against an opposing country. You can easily predict this by monitoring the economic calendar and trading the news. You might be thinking, ―No way man, that's way too dangerous. But I disagree. Certain news releases consistently produce 30 to 50 pip moves in a predictable direction. You only need to know 2 strategies.
If you haven't done so already download my free Live On The News Trading Guide to discover these 2 strategies and much more:
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https://forex.infusionsoft.com/link/2c7f282b60/61a80
Or, join me live, as I trade the news releases as they hit the wires, giving you a detailed analysis along the way and answering all your questions as they come up.
http://www.ForexTradersDaily.com/Forex2.php
With the Guide, you will have an opportunity to learn more about the realities of trading the news, and with the Live Service, you'll have real-time access to the benefit of my experience and in-depth research.
Regards,
Dustin Pass
Forex Traders Daily
http://www.ForexTradersDaily.com
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