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How to Use Elliott Wave Analysis in Forex Trading

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For the purposes of this article, we will use Elliott Wave's objectively generated count by ProfitSource's source software by Hubb. The software has automatic algorithms to generate and display the number of waves. It should be noted that the number of options may change dramatically from one day to the next based on the default algorithm, and that other people or programs may arrive at different interpretations of the number of waves and time points certain. The benefit of using this method is to be better or worse, the calculation is calculated using an objective algorithm and not open to subjective interpretation. Before starting any trading, it is important to have a plan in place. So, let's make a direct plan to use Elliott Wave as the base for forex trading market. Here are the steps we will use: Step 1. Choose a method to generate Elliott Wave count. It may be based on your own analysis, or through some charting or analytics software. As mentioned, we will use...

Cloudy Selimuti White House, USD Weaken

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Asian stocks mostly rose on Tuesday, buoyed by bleak industrial output data from China, while US currency fell as the investigators investigated Russian intervention in the 2016 US presidential election and charged former campaign manager President Donald Trump. The largest MSCI Index Asia Pacific outside Japan gained 0.4 percent. Strong gains in South Korea and Taiwan, which account for a quarter of the index's weight, helped offset weakness in China and Hong Kong. The Kospi ended 1 percent at record highs after Seoul and Beijing agreed to normalize relationships that have been stressed by the deadlock for a year during the implementation of the South Korean-US anti-missile system. "The stock market that has long been distressed by the ongoing political strife between the two countries reacted positively to the announcement, including Hyundai Motor-related shares," said Cho Byung-hyun, a stock analyst at Taiwan's Yuanta Securities.Tech added " 4 percent a...

Waktu Terbaik Trading Forex Untuk Profit Maksimal

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Pasar forex buka selama 5 hari 24 jam dalam seminggu. Seperti pada umumnya sebuah pasar, ada hari dan jam sibuk dan ada kalanya sepi. Untuk memaksimalkan profit maka anda harus mengetahui kapan waktu terbaik untuk trading. Pemilihan waktu ini harus mempertimbangkan beberapa hal seperti karakteristik anda sebagai trader, strategi trading yang anda gunakan, berita fundamental dan target profit trading yang anda inginkan. Dalam forex trading anda memiliki peluang besar untuk mendapatkan profit berlipat kapan saja. Bagi setiap trader, pemahaman waktu dan jam trading adalah penting dan harus diketahui.Hal ini bisa membantu trader menentukan strategi dan waktu yang tepat untuk trading forex. Adanya perbedaan waktu pembukaan dan penutupan pasar di berbagai belahan dunia memungkinkan para trader bisa menentukan waktu transaksi yang paling nyaman dan mudah untuk dilakukan. Secara umum, waktu pasar trading forex terbagi menjadi 3 bagian. Pada penjelasan ini digunakan zona  waktu ...