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Develop a habit of reviewing and analyzing

Develop a habit of reviewing and analyzing your good and bad trades. Then you will have a much better sense of what will work best in your future trades.

Trading is always full of emotions

Because trading is always full of emotions, you must have a trading strategy which includes a set of rules you stick to. This will help protect you from yourself.

software which aims at predicting future trends

While there are a lot of companies who make money by selling software which aims at predicting future trends, the reality is that if this software really worked, these companies would not be giving the secret away.

Trade wisely

There are many beginners who make trades in any direction. While there is a possibility to make profits both on the upside and downside of a trade, trading in the direction of the trend will give you the best chances for success

Invest in a good Forex trading education

The market is always changing and it may be hard to understand and keep up with these changes unless you invest in a good Forex trading education

Friday, 15 November 2013

Asian shares gain on easy money views, Nikkei posts best week this year

Share markets in Asia rallied on Friday with the Nikkei breaking 15,000 and posting its best week this year with other bourses joining the fray on expectations the Federal Reserve will keep its stimulus programs at current levels for the near term.

The Nikkei jumped 1.7% to 15131.47, posting a 7.6% gain on the week as the yen weakened steadily above 100 on Friday.

A weaker yen supports stocks of Japanese exporters in particular and weakened after Fed Vice Chairwoman Janet Yellen said that there are dangers to ending the central bank's $85 billion-a-month bond-buying program too soon, in comments made Thursday during her nomination hearing to take the top job at the U.S. central bank.
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The Shanghai Composite rallied 2.3% on speculation state-owned companies will be revamped, including share sales to widen ownership. The speculation came after a meeting of senior leaders to set economic policies for the coming decade ended on Tuesday.

The initial impression was that large-scale economic reforms were unlikely. But the details are now dribbling out that show some strong efforts at reforms that could provide an economic boost, some investors said.

Hong Kong's Hang Seng Index rose 1.5%, along with South Korea's Kospi up 1.8% and Australia's S&P/ASX 200 up 0.8%.