Thursday, September 11, 2008
While trading breakouts from consolidation can lead to solid profits, ForexGen Services allows if the consolidation range is large enough, it is also
possible to profit from trading inside the consolidation.
possible to profit from trading inside the consolidation.
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This would be a consolidation you would not want to place a straddle on, ForexGen Promotion however (if the trading range is wide enough to profit from trading the consolidation it would be too risky to straddle).
This would be a consolidation you would not want to place a straddle on, ForexGen Promotion however (if the trading range is wide enough to profit from trading the consolidation it would be too risky to straddle).
In this case you would sell at the resistance Download ForexGen Platform level with a profit limit at the level of support and a stop loss at the last level of resistance.
ForexGen Services You would also want to buy at the support level with a profit limit at the level of resistance and a stop loss at the last level of support.
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