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If you trade the forex markets regularly, chances are that a lot of your trading is of the short-term variety; i. From my experience, there is one major flaw with this type of trading: h igh-speed computers and algorithms will spot these patterns faster than you ever will. When I initially started trading, my strategy was similar to that of many short-term traders. That is, analyze the technicals to decide on a long or short position or even no position in the absence of a clear trendand then wait for the all-important breakout, i. I can't tell you how many times I would open a position after a breakout, only for the price to move back in the opposite direction - with my stop loss closing me out of the trade. More often than not, the traders who make the money are those who are adept at anticipating such a breakout before it happens.

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Reliable forex brokers online

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THE BEST FOREX BROKER!?! - My Honest Review - 2022

Best Forex Brokers for ; Saxo Bank - Best web based trading platform ; CMC Markets - Excellent overall, best platform technology ; TD. The Best Forex Brokers for Beginners ; AvaTrade - Excellent educational resources ; investmenttradeexchange.com - Innovative educational app ; eToro - Best copy. As one of the major U.K.-based forex brokers, LCG offers a wide range of asset classes and a seamless.