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MACD is based on moving average indicator. That's mean you need to set-up period parameters to see average price movement.

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14y ago

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What does forex arbitrage mean?

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What does the term demo forex mean?

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In Forex, a "pip" is the smallest price move a currency pair can make, typically the fourth decimal place. It's like the heartbeat of currency trading - tiny but crucial. For traders, pips are the way to measure profit or loss. Once you get it, you'll be feeling the market's pulse with every pip change!


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What are the leading trading systems?

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Is it too late to start in Forex trading now?

It's never "too late" to start trading Forex (foreign exchange) because the market is dynamic and constantly evolving, offering opportunities for traders regardless of when they begin. However, whether it's a good time for you to start depends on several factors: Key Considerations Before Starting: Knowledge and Skills Forex trading requires understanding concepts like currency pairs, market analysis (technical and fundamental), risk management, and trading platforms. Take time to educate yourself before investing. Market Volatility Forex markets are highly volatile, which can mean high potential for both profit and loss. Ensure you're comfortable with this level of risk. Available Time and Resources Do you have the time to monitor markets, develop strategies, and practice trading? Forex trading can be demanding, particularly for beginners. Technological Advances The tools and resources available today (automated trading systems, real-time data, and advanced analytics) make it easier to start trading than ever before. Global Economic Climate Forex is influenced by geopolitical and economic events. Stay informed about global trends to understand market movements. Risk Tolerance Forex trading involves significant financial risk. Only trade with money you can afford to lose, and always have a risk management strategy in place.


What does ECN mean with regard to Forex trading?

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What is mean forex?

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What is forex trading and what are the forex charts?

Forex trading is the trading of national currencies. In other words, the trading of money. The name Forex is derived from FOReign EXchange, which is the worldwide market that deals in currency trading. It is the largest financial market in the world - much larger than the stock market.National currencies are traded in pairs. It is done this way because when you buy a currency you simultaneously sell some other currency. For example, if you think that the Euro (the currency of the European Union) is going to increase in value compared to the U.S. dollar (USD) you could buy the EUR/USD pair, which would mean that you bought Euros and sold U.S. dollars. It is not complicated once you understand how it works.Forex charts are used to display the price movement of national currencies. With Forex charts a Forex trader can see whether a currency is rising in value or declining in value. With certain kinds of Forex charts he or she can also determine the best time to buy or sell a particular currency.More specifically, forex charts show in a real-time the current bid/ask of a currency pair in graphical format. This serves several purposes: 1) a trader or bank can quickly view the history of the prices on computer screen with little effort. 2) Allows the use of technical analysis, to make predictions about future price movements based on previous patterns identified on the chart. 3) Charts provide an alternative method to execute trades (if speculating in currency/forex markets).


What does the phrase forex trader mean?

The phrase "Forex Trader" means someone that trades on the Foreign Exchange market. (Forex is a commonly used abbreviation of Foreign Exchange market.)


What is exact mean by forex?

Forex (or FX) is short for Foreign Exchange. It represents a transaction where a currency is exchanged for another at a mutually agreed rate.