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Foreign exchange (Forex) is the most traded industry compared to any other financial market, estimated to be worth a staggering $2.409qn USD in 2019.
The value of the global Forex industry continued to increase in 2020, largely due to COVID-induced volatility and uncertainty.
Like any modern...
When price is above an open, it is up. Conversely, when price is below an open, it is down. It is a good idea not to short when price is up and not to buy when price is down. Naturally, most traders look for reversals but are impatient and trigger happy thus buying when they should be selling...
Hey Folks,
New to this place, and I will add in something to the community.
Here is an OCO EA. It has features to move to breakeven price, and trail profit.
No Stoploss built in, and they only way you will lose is if it just touches to activate the order, and reverse.
Here is the YT link...
Hi all, i would like to ask ALL of the members, are they profitable? If yes - then what are they using? (strategy or indicator)?
For both FOREX, or BINARY.
Some suggesions would be very much appreciated. Want to know all point of view.
ONLY TESTED and REAL ACCOUNT please.
That will help...
The Forex market is the world’s largest market and operates 24 hours during workdays. Its principle is simple — trading currencies for global nations. However, trading is not as smooth as it sounds.
The Forex market is affected by several factors, such as the nation’s GDP, interest rates...
Foreign exchange turnover rose to a whopping $227 million on Wednesday, the highest daily turnover in over two months.
Nigeria’s exchange rate at the NAFEX window depreciated marginally closing at N386 during intraday trading on Wednesday, August 19, 2020. In contrast, the exchange rate at the...
The Foreign Exchange has long been used to trade in currencies. Due to its expansive reach and the nature of its trading, this is easily one of the most liquid markets on the planet.
The simplest way to describe how it works is that different currencies are exchanged against one another in...
INTRODUCTION TO FOREIGN EXCHANGE
The foreign exchange market known as “forex” for short is the market in which currencies or sovereign money of different nations is traded. The forex market allows you to buy and sell these currencies at constantly varying rates, in an attempt to make a profit...
The Forex market is the world's largest market and operates 24 hours during workdays. Its principle is simple - trading currencies for global nations. However, trading is not as smooth as it sounds.
The Forex market is affected by several factors, such as the nation's GDP, interest rates...
Introduction
Traders use technical indicators to gain additional insight into the price action of an asset. These indicators make it easier to identify patterns and spot buy or sell signals in the current market environment.
There are many different types of indicators, and they are widely...
Like many other financial markets, the Forex market has experienced a huge turmoil in recent months, following the Covid-19 global events.
This situation brought a lot of interest to the market, with experienced traders trying to leverage their knowledge to take advantage of the situation and...
Forex, or FX or currency trading or foreign exchange is a decentralized global market where the global currencies trade. It is the biggest and most liquid market globally. Even if you combine all stock markets, they won't come anywhere close to the FX. Thus, the FX market offers immense...
Finding the perfect trade in the Forex market is a very challenging task. New traders often become frustrated and quit their trading profession. In reality, trading is not all hard provided that you know the details of the Forex market.
Learn to trade the market in the demo accounts so that you...
Nowadays, a HUGE number of Forex traders spend their time looking for that perfect moment to enter the markets or a telltale sign that screams “buy” or “sell.”
And while the search can be fascinating, the result is always the same. The truth is, there is no specific one way to trade the Forex...
You don't have to be a daily trader to take advantage of the forex market—every time you travel overseas and exchange your money into a foreign currency, you are participating in the foreign exchange, or forex, market. In fact, the forex market is the quiet giant of finance, dwarfing all other...
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