When trading a currency pair which has been on a strong down trend over a few days, what causes the all the small 20 – 50 point counter trends along the way?
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Forex traders must have some sort of preliminary analysis on the value of a country’s currency before they start with the technicals to find out a low or high point to buy or sell at. I’m looking for info to plug into a spreadhsheet that will give me the best value dispairity.
Where is a good place to find this info?
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I’m just curious as to whether anybody out their has had great successes trading currencies with Forex.com, if you’ve ever used it, etc?
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I sold (took a loss) to buy at the lower rate (to try to get profit at the lower rate) and when I did, the rate IMMEDIATELY dropped AGAIN!!!! What’s going on? Can you explain to me what’s happening? Thanks.
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That was my question.
If he judges by spread, what spread( like 1 , 1.5 …anything like that) would be considered as a liquid currency pair by the scalper?
(or)
Please Guide me, how to check whether the currency pair is highly liquid when i enter the trade…Please explain to me in detailed and simple way.
Thank you.
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please do write in short about FOREX TRADING, is it advisable, what it is, what Indian Law says about it, do companies buy currency through this medium or its just for Gamble.
Please do write in serious and in short any Comment OR Opinion
I know this is "top secret"
, but please share what’s the currency you are now investing in.
I bet on the NZD/USD, and just gladly discovered that NZD has the highest trend the past month against USD
…
On the other hand I bought CHF/JPY and now I have very hard time and not so good feelings about CHF/JPY going over 0.92…what in fact I need.
Thanks!
maybe the dollar is less in demand as another extremeley legitimate currency comes on the market?
i dont know thats why im asking………
If I were to trade USD/GBR on forex market, what sort of hedge would I use to reduce my level of risk? Ie would I buy other currencies at the same time, or use forward contracts / future contracts or even options. Which is the most common and effective.
Thanks
What are all the best forex pairs to trade?
honesty is very important TO ME I AM NEW TO CURENCY TRADING AND I HAVE ABOUT 500 BUCKS TO WORK WITH from what i hear forex itself is not a scam but other software associated with it any one with trading experience preferabLy two to three yeARS your inPUT in this would be very appreciative if anyone could HELP ME AGAIN I WOULD VERY MUCH APPRECIATE IT. ALSO I WAS WONDERING HOW MUCH TIME IT TAKES TO MAKE A PROFIT
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How do I calculate it? My broker says per pip. I use 100:1 leverage. The currency moves up 5 pips. I gain ? The currency loses 5 pips. I lose ? Please explain.
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Hi, most brits know that we’d hate to change our currency to the Euro and have protested it for many years.
But here’s a simple idea and I’m just wondering whether it would work.
Why don’t we just change to the Euro currency but call Euro’s in the UK english pounds. This currency would be the same as the Euro so it could be used in the EU.
All I can see is advantages, anybody see what could be wrong with this?
Thanks, Chris.
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Is it possible to exchange Japanese Yen Currency in Hongkong to HongKong Dollars? Is that Normal? Can I have it exchanged in the airport?
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