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But now I am more relaxed, can block my emotions, am more confident and can sleep good. Forex is indeed about process and patience. Good article!This is the view point I have adopted on all of my trades. I look at myself as the lender. My capital is the money that I lend out. Each trade is the borrower requesting money.

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Bollinger bangs in the other hand shows the upper and lower levels of the price values.

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The other thing is that you can win on the market no matter what position the currency pair you have chosen slides towards, because as long as you are in the right momentum of the market and have predicted the correct price movements, then you will me on the winning side that is making the money.

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This second edition is fully revised to address:When you have been trading for years and have vast experience in all things concerning Forex, you can almost spot someone who will succeed and someone who won’t straight away.

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Therefore one must know that transferring your money to a forex trading account with a broker abroad is violation of Foreign Exchange Management Act FEMA, 1999 and may cause legal action against you.

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