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Surplus Forex is committed to walk clients through their forex journey via publishing invaluable information continuously e.g. Daily Trades, mentorship programs, videos & articles, live webinars, etc. Thus providing them with knowledge, tools and techniques for successful trading experience.
Next Step, you want to ensure that you continously able to find and materialize new opportunities & maintain higher probability to construct profitable trade set-ups.
Strategies for Advanced Traders" we have explained what, where, when, how & why to put each strategy to practical use as opposed to theoretical available information elsewhere.
if you believe that you already know these terms and their context behind the application during real life forex trading then attempt all the quizs to make sure you have strong fundation.
To be successful apply these strategies with following 4 Rules--
EUR/USD is trading higher shortly before the U.S. opening. The Forex pair traded lower early in the session, but mounted an intra-day comeback after a successful test of a major 50% level. The direction of the market the rest of the session will be largely influenced by the movement in U.S. Treasury yields and the outcome of several key economic report. The closing price reversal top doesn’t mean the trend is changing to down. It often leads to a 2 to 3 day correction of about 50% of the last rally. A trade through 1.2323 will negate the chart pattern and signal a resumption of the uptrend. The major long-term 50% level is 1.2166. This price level provided support earlier today.
EUR/USD is trading higher shortly before the U.S. opening. The Forex pair traded lower early in the session, but mounted an intra-day comeback after a successful test of a major 50% level. The direction of the market the rest of the session will be largely influenced by the movement in U.S. Treasury yields and the outcome of several key economic report. The closing price reversal top doesn’t mean the trend is changing to down. It often leads to a 2 to 3 day correction of about 50% of the last rally. A trade through 1.2323 will negate the chart pattern and signal a resumption of the uptrend. The major long-term 50% level is 1.2166. This price level provided support earlier today.
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