August 2012

Forex News: The Weak UK Economy Will Continue to Weigh on the British Pound

The British Pound gained ground against the USD and the other European Currencies in early trading Tuesday after a report showed UK manufacturing output in June fell by 2.9%. Manufacturing output represents 25% of the total UK Gross Domestic Product. Traders acted positively to the reported lower-than-forecast decline. Analysts predicted a much bigger month on

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Why Should I Care About High Probability Trading Strategies?

High probability trading strategies has become the new buzzword among currency traders who want to make money consistently from the markets. These strategies are intended to be successful for the majority of trades (seven out of ten trades) and provide a complete trading plan that encompasses not just entry points but exit strategies. A high

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High-Probability Trading: a Comparison with High-Profit Approaches

It cannot be denied that many are interested to learn about high-probability trading. It is also undeniable however, that quite a number of budding forex traders are thinking about the advantages of high-profit trading. Of course, there are also those who end up confused as to which approach would yield the greatest rewards. To put

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High-Probability Trading: Remarkable Reminders to Remember

It cannot be denied that novice traders have to choose between high-profit and high-probability trading approaches. As to be expected, those who properly take their inexperience into account would pick the latter. After all, high-probability strategies often yield sufficient profits without exposing traders to considerable risks. It should be emphasized however, that even when employing

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