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Forex Trading Glossary

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Term Definition
Buying Dips in Existing Trends

We all know that greed and fear, will spike prices to overbought and oversold levels and the way to get in on long term Forex trends is to look to buy breaks back to a key moving average. The 20 day MA is a good one to use, to get in on existing trends and you can also use the average used at the centre of a Bollinger Band.

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