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Old 01-10-2005, 06:44   #12
TraderABC
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Re: Does PAST price action determines future price action?

To Tommyfx Bullmarket regarding psychology.

In my humble opinion psychology is valid for the stock market where you actually trade against the other people not in Forex where other people are not your competitors. After all unlike the stock market FX is interbank market.

Other than that good replies!!! Thank you.
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