All forex, CFD, and commodity traders must recognize that the markets are highly random. As a result, they will experience both winning and losing transactions when following a trading plan. Different traders using the same technique will achieve varying amounts of success. Past performance does not predict future outcomes.
Remember that you can lose just as easily as you can win. Your money is in danger.
Chart pattern recognition is popular among traders of all ability levels. A triangle pattern is one of the simplest to recognize. There are numerous types of triangles to locate and several ways to trade them. Here are some more fundamental approaches for identifying and trading these patterns.
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