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Thread: Trend specification

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    Default Trend specification

    Specify the market trend first and then take your entry because entries beyond market trends cause huge losses. FXOpulence, indices broker more than a Forex broker, broker provides more than 400 indicators to traders that help them in market analysis.

  2. Top | #2

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    Always identify the market trend before placing a trade. Trading against the trend increases the risk of significant losses. Use tools like moving averages, trendlines, or price action to confirm whether the market is in an uptrend, downtrend, or ranging. Entering trades in the direction of the trend improves your chances of success and better risk management. LQDFX broker uses segregated bank accounts for offering high security of funding and they allow traders with multiple trading accounts including 1:1000 leverage, tighter trading spread and superior fast execution. They never caused any problems with my withdrawals.

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