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Parity for EURUSD? How About 0.8225, Instead?
Making predictions as a Forex trader is a fool’s game. Any good trader will tell you that it’s a destructive act with unforgiving consequences, not to mention completely unnecessary in order to see consistent gains in the market. So then why on earth would I make such a prediction? I’m not. The following is not a prediction nor is it an assumption about what will happen. I have been around the game long enough to know that the second a trader starts thinking in absolutes, it’s game over. Instead, this is a simple observation about certain characteristics of the current price structure that hint at the idea of ... (full story)
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Don't swim with the sharks ...