Posted by emogurl on Thursday, October 1, 2009
Although Forex trading can lead to very profitable results, there are
risks involved: exchange rate risks, interest rate risks, credit risks,
and country risks. Approximately 80% of all currency transactions last
a period of seven days or less, while more than 40% last fewer than two
days. Given the extremely short lifespan of the typical trade,
technical indicators heavily influence entry, exit and order placement
decisions.