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The art of Forex Trading can be fine-tuned by a clear and concise strategy

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Consistency is key The art of Forex Trading can be fine-tuned by a clear and concise strategy

The art of Forex Trading can be fine-tuned by a clear and concise strategy. When it comes to our daily trades, we like to reinforce the following steps:

Step 1 - Always look at the economic drivers (fundamentals) first. What is driving the price up/down/sideways.

Step 2 - Identify the trend.

Step 3 - Identify key levels.

Step 4 - Based on trend and key levels, look at the technical indicators and price action for entry.

Step 5 - Any upcoming news that may cause your trade to go against you.

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The art of Forex Trading can be fine-tuned by a clear and concise strategy

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