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KUALA LUMPUR, August 1 (Bernama) — The ringgit opened easier against the U.S dollar Friday on lack of commercial demand amid political developments on the local front, said dealers.
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USDCHF is in consolidation to up trend. Near term support is at the up trend line from 1.0010 to 1.0134, as long as the trend line support holds, we’d expect up trend to resume, and a break of 1.0520 level will signal further rise to test 1.0623 (May 8 high) resistance.
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Forex trading very tricky business, it is not an easy bussiness nor an overnight rich scheme. People always think that they will be rich very quickly thousand dollars in a weeks, but when they begin trading currencies they discover it is not true, it is not easy to make money especially when we work with money. There a silent BIG GUYS, they know what we think what we plan and they do the opposite to steel our money, many times we think to make the opposite of our decision if they see the ma
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I recently responded to an email that asked my opinion about their situation; eighteen years old, not enthused about college, with a small starting stake (low five figures), and a desire to day trade their way to financial freedom. Since there are probably others in a similar situation, I have shamelessly reworked that response into this post, removing any identifying information, changing and tweaking a few things here and there, etc. Remember that my posts, as always, represent my opinion, an
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