Forex Q&A

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CandlePro Strategy

I got this from a CP user today and wanted to share. I think it encapsulates how people should use CandlePro, not necessarily with this particular strategy but combined with a strategy in general using the power of the performance report to take smart trades.

CP is most interesting to me because of the historical data – it’s amazing. Spotting the pattern once is one thing, seeing how it has performed historically just gives you so much more confidence. I used to trade about 5 yrs ago and let it go. I’ve been back since June with a different approach/mindset and already feel more disciplined.

My most successful trades have been based on the 10day EMA & support / resistance. I often try to find the “Piphut Primary Trade of the day” before you post it to see how we compare.

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CandlePro, Forex Q&A
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Forex Q&A
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Risk Warning and Terms of Use

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Read Risk Warning

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Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results. Currency trading involves high risk and you can lose a lot of money. By using PipHut.com, any of it services (including CandlePro, Premium, the free analysis or any part of the website) you agree to the "Terms of Use".. Read Full "Terms of Use" here

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