UNIJOS MTL COMMUNITY - Page 11

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@wavey_ - 10 hours ago

Quoted - sadie1

We will be having an interesting Forex beginners session today with

6-7pm works

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@nitnez - 10 hours ago

Quoted - asuquokelvin

Regular football news doesn't move the forex market. However, major tournaments can temporarily increase demand for a country's currency through tourism, spending, broadcasting revenue, and betting activity, though the effect is usually small and short-lived. What consistently moves forex are central bank decisions, inflation, employment data, GDP, geopolitical events, and market sentiment. So I'd treat football news as background noise unless it has a measurable economic impact.

Thank you sir

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@nitnez - 10 hours ago

Quoted - asuquokelvin

forex brokers don't profit by taking a percentage of your winnings. They primarily earn through the spread (the difference between the buy and sell price), commissions on some account types, and sometimes overnight swap fees. So whether you win or lose, they still get paid for providing access to the market. The bigger concern is choosing a well-regulated broker, because execution quality and transparency matter far more than worrying about brokers sharing in your profits, and there are many brokers you can choose from but do a good research about the broker before using the platform e.g we have. Exness, HRM, vantage, octafx, etc do your research properly on them

Great insight

Thank you 🙏

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@nitnez - 10 hours ago

What’s the best broker to trade on

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@nitnez - 10 hours ago

What do u think about this trade??

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@asuquokelvin - 9 hours ago

Quoted - wavey_

Oooh… Thank you very much.Also, can someone who is not a trader be a broker? Let’s say an influencial and wealthy person

A broker is a regulated financial business, not simply an individual with money. Someone who isn't a trader can own or invest in a brokerage, but operating one requires regulatory approval, compliance with financial laws, sufficient capital, and the necessary infrastructure to execute clients' trades. That's why many brokerage owners aren't active traders themselves, they run the business while professional teams handle the trading technology, risk management, and regulatory requirements.

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@asuquokelvin - 9 hours ago

Quoted - nitnez

Great insight

Thank you 🙏

Welcome you can ask more questions and all will be clarified

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@asuquokelvin - 9 hours ago

Quoted - nitnez

What do u think about this trade??

Your idea is great but you must look at the bigger and higher timeframe, if it is in alignment with what you are trading and if not then that is either a retracement into a higher timeframe point of interest

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@kemi_allen_omevia - 9 hours ago

Quoted - nitnez

What do u think about this trade??

person is selling because they saw a bearish engulfing pattern, doesnt always work out like that

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@wavey_ - 8 hours ago

Quoted - kemi_allen_omevia

person is selling because they saw a bearish engulfing pattern, doesnt always work out like that

Hmmmmm… yeahhhhh, now I get

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@wavey_ - 8 hours ago

Quoted - asuquokelvin

Your idea is great but you must look at the bigger and higher timeframe, if it is in alignment with what you are trading and if not then that is either a retracement into a higher timeframe point of interest

Thank you, I was also looking at it from this angle

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@goodie - 7 hours ago

Quoted - wavey_

Mami goodie… Yane babies

I de chamomo

Abeg any of una wey later win this most active

Make una dash me small abeg

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