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Forex Trading How do you decide what way the trend is going?
avatar Fxcarebear
Question by: Fxcarebear - 19 Jun 2017, 08:52:49
How do you decide what way the trend is going?
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Answers (1)
avatar user 12768
Answer by: Pipmaster - 19 Jun 2017, 08:55:35

When it breaks important SMA or EMA levels it is expected to reverse with higher probability, although you are not guaranteed to pick right decision based on this criteria. As you can't be sure by 100% that a trade is yours limit your potential losses but choose R/R ratio when your potential profit exceed losses.

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