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Sunday, April 5, 2009

How to become super profitable Forex Swing Trading

By Jim G Nielle

You must first be aware that there is no chance of finding a sure thing trading Forex

There will always be some uncertainty as to where the next move will go, interpreting Forex market moves from the charts will put you in front of most traders who just use a gut feel for market direction.

You become so much more informed by keeping track of the past, as with gambling with cards. By knowing which cards have been played, statistically you will be so much more informed and have a tremendous advantage over those who don't.

Forex market swings frequently run the same distance and length of time as before, so being aware of what happened before will give you the predictive tools to know what will happen next.

You simply learn the swing trading pattern and follow it to the end, reaping the financial rewards.

Swing Trading and Charts

You don't have to do all that research yourself! The more you know, the more you will make and that's exactly why top traders and funds make so much money. The same information, charts and statistics are as available to you as the market pro's.

The best part of this is that you have access to the same information as these VIP clients. Chartists, who are essentially market analysts that publish their findings in easy to read charts, produce what is referred to as a candlestick chart. These charts are basically a combination of a line graph and a bar graph that show the trend of various stocks, indexes, over a specified period of time.

Therefore, you can easily determine if the currency is on an uptrend or if it is taking a downturn, when the last major change occurred, and how long it is predicted that the forex swing trade will continue on the current path.

Forex Swing trading and becoming profitable fast, please refer to my forex trading software at: www.Forex-Swing-Trading.com - 23223

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