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One of the methods to analyze Forex market is using chart patterns and technical readers. This approach studies the prices movement, while the another method, fundamental analysis, looks at economic and social factors such like health of your national economy, political events etc.

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Bar chart on the other hand provides us some private details the price movement inside your time period. The bar chart consists of vertical lines or bars. Price forms the top bar by reaching the actual value in that time length. It forms the bottom of the bar when price reaches the minimum value within that time period. Besides the vertical bar there's two main short horizontal ones. One at the left is open price Machine Learning for robots and one at good is close price of that particular time style.

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Demo trading is an effective tool for learning the fundamentals of the forex market, but do not carried away with this particular. Too much demo trading can a person bad habits. Since you're not investing with real money, the losses aren't real and also won't have similar experience as someone who loses a real income.

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Posted Sep 26, 2017 at 9:38am

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