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We also have training for building a foundation before a forex strategy matters. The first thing we need to know is that; a failure to post a new candle high or low means that the power in the currency was not sufficient to push the price to new highs or lows. Basically, this could translate into two scenarios:The currency is pausing for continuation of original trend direction;The currency is setting itself for a reversal. The great thing is, Forex traders can profit from both directions!That is the best thing about Forex trading. There is earning potential both ways. 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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But let’s just say 90pips to be on the safe side, 90 pips was the criteria I used when doing my research, price can have up trends for three months, moving thousands of pips upwards or downwards.

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The number of trades applying to the referrals that work with CENT accounts amounts to 500.

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First of all, trading is not a game, and you should never treat it like one.

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Setting realistic profit targets is an important part of good money management, and setting the maximum amount you are willing to lose per day, week, and month is equally as important.