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The Correlation calculator visually (using charts) represents the existence of an interconnection between movements in the price of different trading pairs and calculates a correlation coefficient. The correlation coefficient is an indicator that shows the degree of interconnectedness between chosen pairs. The correlation coefficient takes on values ranging between -1 and +1. The value of +1 (or any closest to it) indicates that prices of chosen pairs are moving in the same direction. The value of -1 (or any closest to it) indicates that prices of chosen pairs are moving in opposite directions. The following degrees of correlation are distinguished: - weak (0 to +/- 0.2); - low (from +/-0.2 to 0.4); - average (from +/-0.4 to 0.7); - high (from +/-0.7 to 0.9); - strongest (from +/-0.9 to 1). The Correlation calculator is a useful analytical tool that helps to make a sound trading decision when using a strategy, which is based on diversification and hedging against risks

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Get profit consistently in forex trading can only be obtained with the experience and knowledge that has been advanced, as well as having expertise in control of psychological distress and of course always thankful towards profit that has been obtained

Often when profit traders feel lucky, whereas in business it brings good fortune because of the expertise owned so it is able to get profit and all of that is a result of hard work in learning

Correctly if risk management to control the loss in any transaction and not to eliminate it, and of risk management that we will see a big lot to wear so we know the magnitude of the loss if stop loss hit

Forex trading is not gambling, because it operates in accordance with the rules of legitimate and not prohibited by any State, and for that reason should be armed withsufficient knowledge suaya is not committing to gambling

On any trading plan there will be conditions that are not in accordance with the predictions of price movement, thus putting a stop loss is a good choice for once so that the risk of each transaction was able to reduced

The movement of the price usually depends on an active market sessions, if during the night market is in New York and London then price movements tend to be quick, and of course the acquisition of profit daam scalping faster too

Get the loss in business is already a law any business, meruakan the risk of losing money if it does not get profit from the loss, and we will know the weaknesses of knowledge societies, and makes the experience in cultivate the analysis to determine strategy

First learning is technical analysis, and the analysis is preferred because it is easier to learn, and the fact they are in fundamental analysis still using technical analysis also

First learning is technical analysis, and the analysis is preferred because it is easier to learn, and the fact they are in fundamental analysis still using technical analysis too

Trader's ways in the face of berbegai price conditions will always be different, both from anlisa way or create strategies, and ways are the fruit of the mind of every person who has made an art of its own

Should we observe moments of the opening session of the market, which is usually the benchmark price to determine the price movements next, so we can do an analysis more quickly

When a person enters the world of forex trading then will face two of the final outcome as other businesses, i.e. profit and loss, they are also the result of the trader in accordance with trading skill, then if less skill trading the trend of getting a big risk

The work became a trader requires an extensive knowledge and understanding of how the onset of price moves, has a developed trading systems as well as being able to manage your capital safely, this will make it easier to work more of a forex trader