EUR/USD opened sharply lower today and was falling for the most part of the trading session as European policy makers signaled over the weekend that the strong euro warrants additional stimulus measures. European Central Bank President Mario Draghi explained that the exchange rate should not influence monetary policy directly but it may have an indirect impact as the currency’s strength affects inflation and economic growth. Retail sales grew […]
Read moreIf your trading is at least partially done in manual mode, then a great deal of your success is based on your emotional balance and a high level of self-discipline. Unfortunately, the proper levels of self-control cannot be attained solely by the innate abilities of the traders. They greatly depend on the external factors — such as, for example, distractions that create obstacles to concentrated analysis and trading. These distracting factors vary from trader to trader. […]
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