Please don't take the headline literally. There is a whole lot more tips that experienced traders can give you. But today's 3 things are the last in our beginner series. Without further ado, here are the last three tips.
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What Do You Know About Balance on Forex?
6:25 AM
Feb 12, 2021
6606
According to macroeconomic theory, the ratio of supply and demand for a currency creates a balance in the world market. The perfect balance must be maintained through the continuous exchange of one currency for another. Due to the specific features of Forex, traders themselves are able to influence the cost of trading instruments. With the growth of the economy in the country, the demand for their state currency is rising. Along with demand, the value of the currency also increases. On the contrary, money from a country with an undermined economy or unfavorable political events is not very popular. This is how fundamental analysis affects the demand for currencies and should lead to equilibrium in the market. However, in reality, Forex is constantly fluctuating and only strives for balance.
Best currency crosses to trade in Forex
2:54 PM
Jul 9, 2020
8266
Forex allows you to trade during the working week with people from all the countries in the world. Usually, traders use currency pairs of two different countries, but what is the best currency pair to trade? In this article, we are going to clarify it.
The Whole Truth About Currency Trading. Part II
5:06 AM
Jun 12, 2020
9345
Let's go back to discussing those topics that the trading community would prefer to hide from you in order to lure you to Forex in an easy way. In the previous article, we discussed that the most popular style among traders - intraday - is not the main choice of professionals. We also talked a bit about transaction costs. Today we will discuss a few more important topics. Let's get started.
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