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Why You should stick to one currency pair as a beginner
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[QUOTE="Setho, post: 229010, member: 29023"] The forex market as well as other financial market is often very complex and as a matter of fact there might be very big differences between various market . It is very important that I see beginner you should undergo education and then bring in your own strategies. This does not mean that this strategy is going to be applicable to every market as you also need to do some research about it as well . For example it is known that the USD and pound market pairs known for very strong and unexpected market reversal which is not the case with the Australian dollar . This is why it is very important for you that you should as a beginner focus on only one currency pair and be very good indeed . After some time you can choose to expand because no matter how different markets are going to be there is always that particular thing that is going to be binding them together . For example you are always going to use the same technical analysis principles and approach for all the markets and as such learning technical analysis once means that you can be able to apply it or adjusted to all the market as the case may be. [/QUOTE]
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Why You should stick to one currency pair as a beginner
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