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Forex daily range chart

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Forex daily range chart

You trade WITH it not against it, don't try to pick bottoms- it is the easiest way to blow your account) the angle of the slope should be approxiamately 25-45 (2 to 5 O Clock angles) and beyond, if the slope is flat, there is no trend and does not warrant trading notice the 34 EMAs are pointing 45 degrees upwards and the price bars are above the EMAs, indicating an uptrend Look at the divergence section under the school section here, use an oscillator ( i usually use default MACD) so that you forex daily range chart warned early in advance of any likely change in trends.

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