The foreign exchange scalper is an individual who creates dozens or thousands of trades a day, trying to scalp a small benefit from each trade by exploiting the bid ask spread. Mro2 measures the direction of an asset’s momentum & whether that guidance would continue. Mro2 is only the tip of the proverbial iceberg they are exclusively a small sampling of the wide range of chart and chart patterns availableto the forex technical trader. They are negative predictors of exact timing, but they"re very good at indicating which prices are candidates for more complex analysis together such complete records as the price 2 screen.
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