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Trading Lessons Learned by the DailyFX Team in 2009

At DailyFX, each one of us actively trades and we wanted to take this opportunity to share with you, real trading lessons that we have learned in 2009. Hopefully, by not repeating the same mistakes we did, you will be able to improve your trading performance in 2010.

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Forex Market News

John Rivera

Currency Analyst

John Rivera

Dollar Finds Support On Labor and Durable Goods Data

The U.S. economy continues to show signs of recovery as initial jobless claims fell to its lowest level in 15-months and demand for long lasting goods increased. The labor market which is considered a lagging indicator has started to show a pulse with November’s Non-farm payroll report showing the country lost only 11,000 jobs.

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Technical Analysis

DailyFX Team

Strategist

DailyFX Team

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ANALYST PICKS

David Rodriguez

Quantitative Strategist

David Rodriguez

Currency Pair: Flat until the new year
Expertise: System Trading
Average Time Frame of Trades: 2-10 weeks
John Rivera

Currency Analyst

John Rivera

Currency Pair: Remain Long EUR/JPY
Expertise: Fundamentals Combined With Technicals
Average Time Frame of Trades: 2-4 Days
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