Understanding Consolidated Patterns is the Key to Forex Trading

by Richard Lee
Understanding and trading on consolidation patterns will give the currency trader in the know two "edges". First, the trader can hold his or her initial position for a shorter amount of time, thus minimizing the risk of holding positions in the case of higher rollover interest. Second, the profit potential from such a position can be big, as long as the trader follows strict, disciplined money management rules. Without money management, the trader might as well be playing with fire.
Source: http://www.investopedia.com/articles/forex/06/ConsolidationPatterns.asp; http://www.onlineforextrading.com/
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