BREAKING: BlockFi JUST FILED FOR BANKRUPTCY 😱

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Many people today feel like they don’t have enough money in their lives. These days having only one stream of income isn’t enough. People are always looking for more.

Are you making enough money? Do you want another stream of income? Would you like it if you didn’t have to work as hard? We know what you want.

We had another great trading night last night. Based on the resistance and support levels we discussed last night we entered our trades @ 1.7460, and we were able to close the trades for 120 pips @ 1.7420 and 1.7380.

Cable continues to trade in the tight range from 1.7230 up to 1.7600 and back down again. On Thursday night we did not get any bounce up from the open at 1.7523 to get into a trade in a favorable position, so our position was not to take a trade.

We will once again look to the super resistance level @ 1.7600, to protect our trades. We took an aggressive look last night, on split sentiment amongst ourselves, and as usual the less aggressive or more conservative traders won the day.

Looking at Friday’s trades reminds me of the importance of multiple technical indictors. When I was writing Friday’s newsletter, I spoke of several indicators, which lead me to believe Cable was going down.

Last night is what we call a good no trade night. Remember taking no trade is taking a position, and often the safest position. We had several good reasons to take a short position around 1.7360.

There are numerous reasons to get involved in FOREX trading – high leverage rates, liquidity of traders capital, truly 24 hours trading environment, convenience of trading online, and the list goes on and on. FOREX trading is one of the latest hypes in the trading world.

Another night, another trade, another opportunity to learn. That’s why we keep such good records of our trading thoughts. Now, by looking in hindsight you can learn from our successes and errors.

Article shows the advantages of Foreign Exchange Investing compared to other types of investing.

We have been lucky over the past few weeks to be able to tell you about our good trade nights, well today we will tell you about a bad one. Personally I was stopped out of both of my trades last night for a 80 pip loss.

To get started in FOREX trading, we have to get to know what FOREX is. For the inexperienced, FOREX trading involves buying and selling the different currencies of the world. A FOREX deal is made when one buys one currency and sells another at the same time. Learn more about FOREX trading here at this article.