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Using both the trader could better forecast the trend to maximize the benefits and limit the losses trading Forex. How do I create a Forex Strategy? The best strategy for one person could be the worst one for others. There are several questions that need to be answered ahead of defining it. How many hours can I dedicate to FX? What is my risk tolerance? These among the most relevant questions. A forex strategy is a combination of tools that should result in a positive balance in a certain period of time. During the creation of a strategy, flexibility and imagination are very important values. Once the strategy is created, discipline is one of the greatest virtues. How can beginners start trading forex? Every learning process is evolutionary and requires the right steps to be followed in order to obtain knowledge and develop skills. For new traders, it is advisable to work with simple but very powerful tools, such as trend lines, support and resistance or Japanese candlesticks.




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