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If you are an expatriate living overseas in a foreign country, there are often limited opportunities to work away from home. Obviously this depends on where in the world you are located. Often in foreign countries unemployment can be high making it hard to find work. Added to this there will be a language barrier to overcome unless one can speak the local language well. All considered this can amount to a considerable challenge.
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As long as you have a solid trading strategy in place which produces good results for you there is no reason to make any big adjustments. One minor strategic change which is advisable is to stagger your entry levels in a support or resistance zone.
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One of the benefits of trading forex is that the market is open 24/5 and each trader can decide when to trade and how long to trade. There is no opening or closing bell like in equity or futures markets which makes forex trading much more flexible from a time perspective.
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The non-farm payroll (NFP) report is a key economic indicator for the United States. It is intended to represent the total number of paid workers in the U.S. minus farm employees, government employees, private household employees and employees of nonprofit organizations.
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The announcement tomorrow will move financial markets and forex traders should closely watch all currency pairs which have the US Dollar as part of it, regardless if it is the base currency or the quote currency as we will see a knee-jerk reaction regardless of what the FOMC meeting will result in.
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Financing of federal government agencies in the United States has been stopped for the first time in 17 years: the Congress failed to reach a compromise on the budget. The Republican-controlled House of Representatives has not gone back on their word and refused to include in the budget a law point about health care reform Obamacare - one of the major initiatives of President Barack Obama.
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The CDU does not have enough votes to run the government without a partner and the previous coalition partner of the CDU was voted out of parliament after securing just 4.8% of the votes which is shy of the required 5.0% in order to be allowed into parliament.
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There are opposing views on forex demo accounts and if they are indeed beneficial to new traders or not. There are plenty of myths about them out there and we have decided to bust the five biggest myths about forex demo accounts
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While the search for the ideal Forex trading method or system takes up a large portion of a trader's research time, it may be worth noting that, while these are important elements of trading, there is one element which is arguably even more important - knowing when not to trade.
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A lot of new forex traders struggle with plenty of obstacles which they need to learn and master before moving to the next phase of trading. One of the most common overlooked hurdles to their success as a forex trader is their own mindset. Countless new forex traders ignore or fail to realize that the number one thing they need to perfect is their mindset.
