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Euro down overnight as the European Central Bank (ECB) loans failed to raise investor confidence in any form of recovery for the European debt crisis. It seems that all last ditch efforts by the European powers to avoid a debt crisis and possible recession by Xmas has failed miserably.
Once you have learnt the basics of how to set a stop loss (S/L) and take profit (T/P) order correctly using a traditional risk reward ratio as your benchmark you are now able to learn how to size a position correctly taking your risk management into consideration yet allowing for...
EURO Zone has done little to change the current sentiment with disagreements on a political and financial level- it seems we are in for another round of crisis talks with a stopwatch ticking as patience wears thin.
Special thanks to our friends at Pipsologie, original report in German.