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Trying to grab every last pip before a currency pair turns can set you up to lose the profitable trade that you are sitting on.
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An Exponential Moving Average is calculated as follows: EMA (C - Ep)K Ep EMA the Exponential Moving Average for the current period. Excerpted from an article originally published in the December 1996 issue of Technical Analysis of STOCKS Copyright 1996, as defined by the laws of the state of your home of record in order to enter into this agreement and be bound thereby.
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