Forex price action books - Forex Trading Classes in South Africa
Hey Tradomaniacs, quick another chance, since we reached the bottom breaking out of this trendchannel! Now, finally it happened - it seems that the price of this instrument has finally determined the direction.
I consider buying it from pullbacks and building a trend-following trade. Looking at this exotic pair, I believe it has the potential to go bearish but that will depend fprex whether the retest goes our way.
I believe that this trade will become bearish. Your Stop Loss should be set just above your recent high at Took a short last week until support.
Lets see how it reacts to support and Will not write a book on why I take or wont take the trade but here is the 2 thing I will be looking at. Dollar remains in charge against ZAR.
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Description:The following Forex trading books comes highly recommended for traders in South Africa, and relate very well to trading the Forex including Technical analysis.