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Foreign Exchange (FOREX) or Currency Trading

Michael Covel (March 28, 2005)

Trend Following earns large returns in currency or FX markets.
Currency markets are driven by politics, interest rates, and economic cycles of major world countries. They typically trend over long periods of time, a pattern on which trend following trading systems exploit with ...

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    The basic trading strategy that all trend followers try to systematize is to "cut losses" and "let profits run". (Read more)

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