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Accurate Forex Signals In 3 Easy Steps If you are looking to find investment where you can make some money, the Forex has quickly become one of the leading commodities brokers on the planet. Not only are you able to deal in currency, but in a wide variety of commodities where you can have great fortune on raising your assets.
1. Do Not Apply More Than 2 Indicators Regardless of any advice that you may have received prior to this, you do not need a whole array of indicators to determine if you want to make a trade. Starting with the fault of co-linearity, many other indicators tell you the same thing because they are based upon the exact same information.
2. Back Test The Strategy You Use If you are unable to back test a strategy on your own, then you are likely to be able to get the same kind of signals by looking thoroughly into the Forex Signal Provider. If you are unable to duplicate how the historical trades have worked then something is being hidden from you.
3. Keep a Journal of All Live Trades It is important that you keep a journal of all of the work that you do. Unfortunately, so few people do it. Most do not keep a consistent Journal of all of the trades that they have made, and this is a huge mistake.
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