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4 Recipes For Trading Success

It is critical for every new trader to fully understand the disciplines required and more importantly, why they are required, right at the very start. In this piece, I am going to share the four key areas to focus on which will not only help you determine if self -directed trading is right for you but also help you to achieve your goals.

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GBPUSD: Recovers Higher Within Trading Range

GBPUSD: The pair continues to face upside pressure but within its established range. Support lies at the 1.2700 level where a break will turn attention to the 1.2650 level. Further down, support lies at the 1.2600 level. Below here will set the stage for more weakness towards the 1.2550 level. Conversely, resistance stands at the 1.2800 levels with a turn above here allowing

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EURGBP: Continues To Retain Its Upside Pressure

EURGBP- The cross continues to retain its short term uptrend as it looks to resume upside pressure. Support lies at the 0.8800 level where a violation will turn focus to the 0.8750 level. A break will expose the 0.8700 level. Resistance resides at the 0.8850 level where a violation if seen will turn risk towards the 0.8900 level. Further up, resistance resides at

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AUDUSD: Weakens, Faces Further Bear Pressure

AUDUSD. The pair continues to hold on to its downside pressure leaving risk lower. On the downside, support resides at the 0.7500 level where a breach will aim at the 0.7450 level. Below that level will set the stage for a run at the 0.7400 level with a cut through here targeting further downside pressure towards the 0.7350 level. On the upside, resistance

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GOLD: Bearish, Targets Further Weakness.

GOLD: The commodity continues to face downside pressure on bearishness. On the downside, support comes in at the 1,240.00 level where a break will turn attention to the 1,230.00 level. Further down, a cut through here will open the door for a move lower towards the 1,220.00 level. Below here if seen could trigger further downside pressure targeting the 1,210.00 level. Its daily

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Why Trading Is The Most Rewarding Way To Earn Income?

Today, our focus on earning income through trading. So, why is trading the most rewarding way to earn income? Several reasons immediately come to mind; let’s start with a few selfish reasons. You can trade from nearly anywhere. All you need is a computer and an internet connection! I’ve had several students in class who have decided to roam the country in a

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CRUDE OIL: Sells Off On Trend Resumption

CRUDE OIL: The commodity continues to retain its downside pressure as it sold off on Tuesday. On the downside, support resides at the 43.00 level where a break will expose the 42.50 level. A cut through here will set the stage for a run at the 42.00 level. Further down, support resides at the 41.50 level. Its daily RSI is bearish and pointing

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USDJPY: Extends Upside Pressure On Bullish Bias

USDJPY: The pair continues to face upside pressure as it closed higher on Monday. On the downside, support comes in at the 111.00 level where a break if seen will aim at the 110.50 level. A cut through here will turn focus to the 110.00 level and possibly lower towards the 109.50 level. On the upside, resistance resides at the 112.00 level. Further

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