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.
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I hope that from my last article you were able to analyze your trading performance for the last six months and even apply a couple of my tips. If you haven’t seen it yet, then I suggest you read it first to understand why we all started this.
The Forex market grows every year with buyers and sellers from the whole world. Unexpected news reports often have a massive impact on financial markets, and FX trading is no exception. Experienced traders know the value of Forex indicators, but many try to avoid trading activity during these periods. However, this is also an excellent opportunity to earn. Below, we will discuss macroeconomic events that can move the foreign exchange market.
News trading attracts millions of traders because some major events can move the market 100 pips at a time or more. This is a unique opportunity to earn hundreds of dollars on one trade. However, if you want to learn how to trade news on a professional level, you should start by understanding what economic indicators are, how and to what extent they affect the foreign exchange market. Let's dive in together.
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