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What Is Forex trading?


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Forex has been defined differently by different brokers such as FXCM and FreshForex have defined Forex as foreign exchange, FX or currency trading, is a decentralized global market where all the world's currencies trade. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion. All the world's combined stock markets don't even come close to this. But what does that mean to you? Take a closer look at forex trading and you may find some exciting trading opportunities unavailable with other investments.

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Where is forex trading trading is a business where the risk is very large that exists, so where traders continue to increase the skill maximum ability to where we can maximal also in the run forex trading. Forex business it takes the stages of learning to where we can be able to trade in a way to be able to generate profits easily and consistently

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Forex trading is where the business risks are very big there is, so where we always continue to increase the skill maximum ability, because skill maximum ability is that will be able to make us can trading with maximal also. And now I also keep trying in the maximum skill for the purpose to be successful in running forex trading with instaforex

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Basically, the Forex market is where banks, businesses, governments, investors, and traders come to exchange and speculate on currencies. The Forex market is also referred to as the ‘Fx market’, ‘Currency market’, ‘Foreign exchange currency market’ or ‘Foreign currency market’, and it is the largest and most liquid market in the world with an average daily turnover of $3.98 trillion.

 

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A very basic topic to discuss: forex refers to the foreign currency exchange transaction where traders are exchanging one currency for another. In this world currency market traders get virtual trading opportunities where they all are connected with one common network but can trade from anywhere around the world. But forex trading will require a strong understanding about trading tools and techniques as well as a good deal of knowledge and skills with a lot of patience and perseverance.

Thanks, any advice on which broker to choose?

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Forex trading is where the business risks are very big, so where we as a trader it must always continue to increase the skill maximum ability to where we can maximal also in the run forex trading, which we need step stages increase the maximum skill for where we can be maximal also in the run forex trading with instaforex

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From the freshfroex encylopedia, Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world's currencies trade. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion.

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Forex trading is where businesses that have a very big risk role exists, and where traders plunge in this forex business the way things we should be able to run is where to continue to increase the skill maximum ability so that where we can maximum run trading forex. And I keep trying in learning such as take advantage of one demo account and demo contest instaforex for the desire to successfully run trading forexnya

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Forex market is like any other market where buy or sell is done but here the goods are virtual. You can trade on placing the orders either buy or sell the goods according to market assumptions looking in to the market trend and situations. You can trade or invest on currency market, stock market or any even crypto market is live for 24/7. You will get real enjoy of market gain and loss and you can take benefit out of the Market. 

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  • 4 weeks later...

Forex trading is where the business that has the role of risk is very large and also a great advantage too, traders where should keep trying in always increase where the skill maximum ability to make us can maximal also in the way of this forex trading, and I try in learn to take advantage of demo accounts and follow the demo contest instaforex with the aim of the desire to succeed in the way of this forex trading

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I guess you all are right and the leverage in forex trading is the most powerful thing in it which helps you earn more money however new traders being unaware of the market conditions should not use high leverage coz higher leverage claims higher damages too.

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Forex trading is where one of the business that the role of risk is very large, so traders are one of the most important is to keep trying in learning, because by learning it is a way that can make us understand trading where the way of this forex trading is good in run. Need a stage where the learning process for the desire to get profits easily and consistently in this forex trading we run

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  • 2 weeks later...
Hello.
Forex trading  is  exchanging money from one currency to another, it's based on which currency will rise or fall in value. Forex trading is not as easy as many people thinks it is; even experienced investors make bad timed decisions and lose a lot of money. So it's very important to do you research and always Inform yourself before investing. When I starded with Forex trading I've learned so much on this Site like that it is a good thing to be confident and to trust your decisions
Forex is extremely volatile and you must know when you start and stop trading
 
 

 

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I guess you all are right and the leverage in forex trading is the most powerful thing in it which helps you earn more money however new traders being unaware of the market conditions should not use high leverage coz higher leverage claims higher damages too.

 

Well leverage is a double edged sword. Those who had gone through a forex school should know this and should never try to abuse the leverage.

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determining the leverage of each trader must be different. its determination is differentiated through the capital that is in use, as well as the ability and experience in possession. but usually for traders who have not too large capital, or traders who lack the ability or experience, using 1: 500 leverage with the aim to be more focused to manage trading, as well as adaptation process.

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training and learning must indeed be done well, this is needed so that traders can get better and be more maximal in managing the funds and risks that exist in the real account to be able to generate profits that are in line with expectations.

 

Do you understand yourself what you said? Just the same bullshit again and again.

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Diamond Bottoms and Trading Tactic

Diamond pattern forms after a downward price trend. Breakout is upward.

Prior price trend. Since we are dealing with diamond bottoms and not

tops, the prevailing price trend is downward leading to the diamond.

The hardest part of identifying any pattern is seeing the shape prices make.

For diamonds, they are especially difficult to identify. However, they occur

many times at price turning points. Thus, look for diamond bottoms at the end

of a downward price trend. Rarely, diamonds appear in the middle of the trend

and prices continue lower instead of reversing.

Diamond shape. When prospecting for diamonds look for prices to widen

out over time forming higher highs and lower lows. The price pattern should

look like a broadening bottom chart pattern. Then, prices narrow, forming lower

highs and higher lows. The second half should look like a symmetrical triangle.

If you draw trend lines around the minor lows and highs, the result should

appear diamond shaped. More likely, the diamond’s top or bottom will be

pushed to one side, making it appear as though the chart pattern is leaning over.

Diamond Bottoms and Trading Tactic

Measure rule Measure the diamond height from the highest high to the lowest

low and then add the result to the breakout price if the breakout is

upward; subtract the result from the breakout price for downward

breakouts. The result is the target price.

Quick rise/fall Prices often return to the base following a quick rise or fall preceding

the diamond.

Wait for breakout The diamond can break out in any direction, so wait for the breakout.

 

 

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Well, according to freshforex, encyclopedia, Forex, The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. This market determines the foreign exchange rate. It includes all aspects of buying, selling and exchanging currencies at current or determined prices

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