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Third Stage-Aging Trend: Aging trend is the period of consolidation as the trend comes to maturity. This is the period where lot of profit taking will take place. As the momentum of the trend exhausts itself, volatility tends to decrease at this stage of the trend. Both the bulls and the bears are hesitant to make daring moves at this stage of the trend. Experienced traders try to get ...

Because of the unfortunate economy, many people are finding themselves in financial difficulties that lead to bankruptcy. You could be one of these people, and the road ahead may seem dark and dreary with no end in site; yet, this does not have to be the case. The truth is recovery from bankruptcy is not simple and it is definitely not easy, however it is possible. Consider the following ...

Suppose you believe that the currency prices will not be able to follow through action in the direction of the breakout. Fading breakouts refers to trading against breakouts. When we believe that breakouts from support and resistance levels to be false and unsustainable we fade breakouts. Fading breakouts tends to be more effective as a short term strategy. It is not meant to be a long ...

What are the factors that influence the market sentiment? Interest rates play a major role affecting the supply and demand of currencies. Trends in interest rates are one of the most significant factors influencing market sentiment. Every currency in the world has an interest rate attached to it. These interest rates are decided by the respective central banks. FED determines the ...