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Before currency drop, you place a "SHORT" position. After the currency drop, you will make profit.
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∙ 10y ago
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Why is forex useful?
Forex is the only way to get more money.
What are support and resistance levels in forex?
Support and resistance is one of the most widely used concepts in forex trading. When the forex market moves up and then pulls back, the highest point reached before it pulled back is now resistance. Ref: alpari.com/en/analytics/reviews/ As the market continues up again, the lowest point reached before it started back is now support. In this way, resistance and support are continually formed as the forex market oscillates over time. The reverse is true for the downtrend.
How do you exchange us money for euro?
Either go to a bank, or to a specialised exchange office, like Forex.
Why does the treasury function rely heavily on the products traded in forex market?
Treasury function relies heavily on the products traded in forex market because they are options of investing. If people invest in forex or stocks, that means they put less money in treasury, and vice versa. Ref: alpari.com/en/investor/
What is the equivalent of todays money?
total-forex-trading.co.cc ;clic the 2nd or 3rd line! remember to put www first!!
Is nifty uptrend or downtrend?
DOWNTREND !
Can you make money in binary options trading?
You can make only if you understan basic forex first. binary options based on mostly currencies, you have to know forex techniques by logic or by nature law. then you can make money with binary options.
How do forex websites make money?
In the Forex you can make a lots of money by spending a small amount of money. It means you not have to have a big account you can start with a small account. Online access to your account so you can trade anywhere in the world, very high leverage which enables to you to make a significant amount of money from a very small account.
How would one make money with Forex futures?
To make money with Forex futures one would need to have knowledge of stock and futures tradings. One should also have a good understanding of investing futures and stocks. Money to make investments is also needed.
Why is forex useful?
Forex is the only way to get more money.
How does Forex Trading system work?
Forex Trading allows a person to trade currencies in order to make money rather quickly if you know what you are doing. You can also lose a lot of money if you are not careful.
Forex is money factory?
Forex, or foreign exchange, is a decentralized global market where the world's currencies are traded. While it is possible to make money trading forex, it is not a guaranteed "money factory." Forex trading can be very risky, and many traders lose money. Success in forex trading requires a lot of knowledge, skill, and experience. Traders need to be able to analyze market trends, understand economic indicators, and manage risk effectively. Without these skills, it is easy to lose money in the forex market. You can learn anything about forex including from books, articles and many others. My recommendations is 𝗵𝘁𝘁𝗽𝘀://𝘄𝘄𝘄.𝗱𝗶𝗴𝗶𝘀𝘁𝗼𝗿𝗲𝟮𝟰.𝗰𝗼𝗺/𝗿𝗲𝗱𝗶𝗿/𝟰𝟭𝟱𝟱𝟵𝟬/𝗷𝘂𝗻𝗶𝘁𝗮𝗲𝘀/ . I hope you can find your favorite answer about forex.
Can you make money trading forex?
Yes, you can make money trading forex but it's not easy. To succeed in forex trading follow the next steps: 1. Learn all about forex basics. 3. Find a broker. 2. Open a demo account and start training. 4. Succeed in the demo account and invest small amount in a micro\mini account. 5. Only when you feel ready invest more money (according to your financial ability)
Why do people lose money in forex market?
Forex is risky and you can lose money... like on any other field, when their is big chance to win there also chance to lose.As a first step I would recommend you to learn the Forex market and start on demo mode on virtual money (most Forex platforms suggesting demo mode).
How can you find out online where is the best Forex broker?
There are several websites that list the top 10 Forex brokers according to specific criteria. Some of these websites include Money, Smart Money, Daily Forex, and Forex Traders.
What does the site Forex Profits do?
The site Forex Profits is a website all about currency trading. You can learn how to trade currency for profit and they give advice on how to make more money from trading.
How much money does a forex trader earn?
Some traders make a very nice salary but others lose money. This is mostly due to lack of knowledge. If you have a lack of knowledge you can trade with help of automated or semi-automated Forex trading systems. The main problem is to choose profitable Forex system.
