Recent content by fibo777

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    News - Do they fit stories to the markets?

    By reading those interpretations of why happened what happened you can sometimes feel expectations of market participants. Especially, if those guys interview or take a few opinions from those who are active participants in the market. But if it is just some comment of a financial journalist it...
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    GBPUSD action today

    It is definitely headed to 1.6300 to its' previous top (probably won't be reached today). Buying on dips.
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    Would you put day trading on your resume?

    I have put it on a number of occasions and it was ok. Nobody asked me any questions about it though. Most probably do not understand what it is. I personally think it would give you an extra plus. People may assume you understand financial markets. So, go ahead and do it.
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    Thoughts / advice warmly appreciated

    In my opinion is simply try to apply. You can do some volunteering make a contract with the firm that you will work for them when you finish your studies. Go through all of companies and one or two might be interesting in accepting you for trial period. I did this with other jobs and was...
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    How do you handle losses or losing streaks?

    I wait for other opportunities. Never try to recoup my losses. Opportunities do come and my losses are covered.
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    How do u find what pair to trade?

    Reversals tend to be at ends of range. So if you learn how to define extreme ends of a range you will be able to spot end of one trend and beginning of another very well. Extreme points are highest and lowest points in a range or support and resistance. Do that for every pair and you will know...
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