At what time it is better not to trade on Forex?

At what time it is better not to trade on Forex?

All for Forex
Trading in the Forex market, every trader tries to find for themselves the most optimal time to trade to get the most profit. Naturally, it is best to trade at a time when the opening exchanges of the country whose currency you are trading ... Not all traders, especially beginners, are aware that there are periods of time during the day when the trade is not necessary, otherwise you can lose very large sums of his own money. One such moment is performance-report in which it is carried out on the number of seats in the US economy. At the time of publication of a very important economic releases currency pairs may move rapidly up and down, which, of course, can lead to undesirable financial losses. Also it is necessary…
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What is Elliott Waves?

What is Elliott Waves?

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In order to understand the theory of Elliott waves more deeply, traders in the Forex currency market should be aware of the general rules of this theory and study its concepts. This knowledge will help to eliminate misunderstanding and complications concerning some important features of the theory, which every trader should know ... The most important rule is that in the Forex currency market the second wave can not roll off the first one by more than 100 percent. In this rule, there are no exceptions, and there will be no. Corrective waves usually consist of three waves of small size or can form a triangle. These triangles can be: increasing, decreasing and symmetric. The fourth wave will never overlap the second wave, until the full cycle of five waves…
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What is the most profitable trade on Forex?

What is the most profitable trade on Forex?

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Usually, everyone is used to the fact that it is possible to trade and conduct operations on the Forex currency market only with the currencies of different states. But Forex provides other trading opportunities, thereby this market turns into a stock. In fact, the Forex market has the opportunity to introduce trade in gold and other types of economic resources (be it other precious metals or just precious metals) ... Trading in this way is very beneficial for several reasons: First, these metals (especially gold) always remain in price, despite any economic crises. It has been proven for decades that gold is constantly growing in price over a certain period of time. There are only rare cases when gold begins to lose its positions, but very quickly everything returns to…
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What is day trading?

What is day trading?

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In most cases, beginning traders, even if there is some sufficient initial investment funds, being taught by the bitter experience set forth in numerous books of professionals of this market, go to Forex with relatively small amounts ... This, in turn, leads them to that kind of this market, which was called day trading, that is, trading within one trading day of the international electronic currency exchange. Thus, most often there is a paradoxical situation when a novice trader immediately has to work with a relatively more complex market than the market for ordinary "multi-day" deals. The latter does not imply such a great permanent tension of all forces, as intraday trade. After all, in fact, every trade deal in the practice of intraday trading should be guaranteed to be…
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What is trading around Full numbers in Forex?

What is trading around Full numbers in Forex?

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Trading on round figures on Forex requires strong nerves and knowledge of some of the foundations of psychology, since such a trading strategy is quite risky. In general, trading on round figures may lead to a rollback. The closer a trader comes to round figures, the more there is the opportunity to roll back ... If you still chose such a trading strategy, then you will have to monitor the situation constantly. The fact is that trading on Forex goes twenty-four hours a day. The constant turnover of money on Forex is one and six trillion dollars. Constantly, traders conduct trades, constantly currency wander from one source to another. So, it can be said, the round-the-clock life of Forex has both its pluses and its disadvantages. In general, you need…
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What is the exchange rate in the Forex market?

What is the exchange rate in the Forex market?

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The exchange rate in the forex market is the main material basis for any currency speculation, since it shows the current value, possible to receive when exchanging currencies ... Thus, it becomes clear that the exchange rate is a fairly predictable indicator, as it is influenced by a considerable number of known factors that a trader can take into account. It is any changes in the exchange rate that give the trader an opportunity to earn money in the Forex market. There are many different reasons why exchange rates are unstable. Among them, two major groups should be distinguished: fundamental and technical. The technical factors include temporary inconsistency of supply and demand for currency, caused, usually, by currency speculation in the market. Short-term demand, as well as offer for a…
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What is an option on Forex?

What is an option on Forex?

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The option is translated from Latin as "choice" or "desire." And it means a contract, which a potential seller or potential buyer of an asset has the opportunity to either sell or buy at a price agreed in advance in the period specified in the contract or in the future ... But the seller of the option is obliged to make a return purchase or sale of the asset based on the time specified in the contract. Such a contract is advantageous in that, with an increase in the price in the process of trading, the buyer can win in the price. In the Forex market, the option is presented as an option for an option buyer to exchange one currency for another date at a rate of exchange, which…
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Why does Forex close on some days?

Why does Forex close on some days?

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To date, trading on the Forex market is becoming more and more popular. More and more people start their business on this exchange (and this is not easy, because it's quite easy to earn here, you only need to be able to analyze the situation clearly). This exchange operates 24 hours a day, 5 days a week ... Round-the-clock work of stock exchanges is conditioned by the fact that stock trades go around the world, and on Earth, as is known, there are different time zones. So, when in Japan the most goes the height of exchange battles, the US residents are still fast asleep, and vice versa. Forex has no concept of the time of day, the exchange is absolutely indifferent to the day now or night. The exchange…
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Why does trading on Forex cause affection?

Why does trading on Forex cause affection?

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Today, the popularity of the stock exchange Forex has reached incredible heights. The number of traders is increasing every day and it seems that this trend will continue for quite a long time ... In each city there are several dealer centers or brokers at once, who are ready to provide you with their services for successful currency trading. Having learned a little, young beginners start with a head in this business that can lead to some pitiable consequences. This often happens, as the temptation to be ahead of everyone and start a successful life today, often overwhelms everything else. People are averse to their desires and this can not be avoided. Unfortunately, these wonderful desires can not always come true because of haste. It's no secret that many people…
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What else can you earn in Forex, except currencies?

What else can you earn in Forex, except currencies?

All for Forex
For more than 14 years, the online forex market has been dominated by the Forex exchange market. This market for so many years now allows its users to profit from an exchange game, which is based on the difference in prices for major world currencies. But the world economy does not stand still, but the management of the Forex service also wants to keep pace with the times ... These global economic trends have resulted in the fact that now in the Forex market you can earn not only on the difference in currencies, but also on the difference in prices of the main and most popular exchange commodities. Such goods now include gold, oil, gas, silver, platinum, palladium, zinc, aluminum and many other goods. Proceeding from earnings on goods…
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