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Find Momentum for Forex Scalping
The strength of the Aussie Dollar (AUD) has come into question relative to multiple currency pairs throughout the 2013 year. Due to the Aussies volatile and seemingly unpredictable nature, it is always best for a scalper to identify the trend along with market momentum to determine if they should be buying or selling the AUD in a particular Forex pair. So how do we conclude if the pair is suitable for scalping? To find out, let’s take a look at an example using the AUDCHF. One of this week’s strongest trends is the continuing uptrend on the AUDCHF. Taking a look at the 4Hour graph below, we can see the pair ... (full story)
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"The meek shall inherit the earth.." Yeah right, good luck with that shit..