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So no matter what, Forex traders can capitalize on movements on the Forex market: up or down. As you can see in the example below, the currency kept making higher highs and higher lows and made a fantastic uptrend indicated by the green circles. The triangles within the green circles are an indication when 2 day candles did not post a new high or new low, aiding visual ease to identify a string of highs and lows – in this case, higher highs and higher lows. Here below is another example when the currency kept making lower lows. There were several pauses and 2 day candles could not post a new low. After a small retracement, the currency continued with its downtrend.

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Always get out a trade the second you think it is going against youHow forex trading works?It is essentially the process of buying and selling currencies in order to make a profit.

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It's important for you to consider the relevant Product Disclosure Statement 'PDS' and any other relevant CMC Markets Documents before you decide whether or not to acquire any of the financial products.

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Also, the market possesses a contrarian nature, where in the price will move in an opposite direction of the majority’s emotional perception.