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Why Trade Foreign Currency? It all depends on the situation. Some go to the forex market to exchange currencies to buy goods, services, or securities such as foreign exchange stocks or bonds. Forex is also an opportunity to invest profitably. Foreign currency is bought because it provides a higher percentage of income than the base
How does Forex trading work? The process of exchanging one currency for another is continuous. This is due to a number of reasons – from the conduct of settlement transactions between multinational companies to the use of currency for personal purposes, for example, to travel abroad. A few words in general about currency trading on
The essence and features of trading strategies on the daily timeframe The daily timeframe is one of the slowest in Forex. Even more global weekly and monthly are used in trade quite rarely and, mainly, as auxiliary ones. Trades that open on D1 can remain open from several days to several months. Considering that there
Forex daily strategies The choice of the trading strategy for the focus depends on many options as the character of the particular strategy (psycho-logic and tempo), as well as the suggested timetable All the three categories on the focus are divided into one of three categories: The popularity of daily strategies To start working on
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