Geopolitical Events – Wars, elections, and international tensions can move Forex markets quickly
Geopolitical Events – Wars, elections, and international tensions can move Forex markets quickly.
Safe Haven Strategy – During uncertainty, traders often buy safe-haven currencies. Examples include the US dollar, Japanese yen, and Swiss franc.
Commodity Currency Strategy – Some currencies are closely linked to commodity prices. Examples include AUD, CAD, and NZD
Oil Correlation – The Canadian dollar often reacts to oil price movements because Canada is a major oil exporter.
Gold Correlation – Gold and some currencies may show relationships during periods of uncertainty.
Carry Trade Strategy – Buy a higher-interest-rate currency while selling a lower-interest-rate currency. This aims to earn the interest rate difference.
Economic Calendar Planning – Review the week's economic events before trading. Preparation reduces surprises.
Market Expectation Strategy
Forecast Comparison – Compare actual economic results with forecasts. Large differences can move prices.
What Fomo
Are there people that use more than 2 brokers?and why?🤷♂️
People use more than 2 brokers and for their personal reasons or maybe efficiency reasons
Do you trade using fundamental analysis or Technical analysis?🤷♂️
oh I get
Bright you trade true true
I'm trying 😂
Perfect time to sell oil y'all 💪💪
Yes, I use several brokers because of the trading conditions. For example when I want to trade Natural Gas I use Trade Nation because their spread on gas is the lowest. However, when I want to trade EUR/USD I use FxPro because their minimum deposit/withdrawal is low
hmmm,cool I trade with only 2,Deriv and fx pro,I feel Deriv is faster thats why I use it
As a newbie, how long do you intend to trade on Demo before you move to the real market?
Is Demo really helpful because once you leave demo, the real market is totally different from what you’re used to
No risk, no reward: higher risk, higher reward, if you have just $10 in your account and you’re to use 1%, how many will you actually use?
I do t even want to do demo. To me it’s just a waste of bad
