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The EUR/USD set trades near a fresh 2021 low of 1.1510, as higher than prepared for US inflation boosted the dollar, as investors hurried to rate in more tightening originating from the US Federal Reserve.
The Relative Strength Index (RSI) sign on the four-hour chart dropped listed below 50 in the very early European session...
Many people ask, "Is Forex trading good for beginners?" The answer to this question is a resounding "yes!" If you are new to the forex market, you might be wondering if it is good for beginners. The answer is a little more complicated than you might think. The first thing you need to do...
Fibonacci forex trading has been in vogue for decades but it is only within the last few years that its usefulness as a major weapon in currency trading was recognized. It is a very useful tool and guide for traders in forex trading. However, most people do not understand how it works. Here is...
Weekly view of the USD/CAD – 04/21/13 The pair has challenged the top trendline repeatedly. Look for a reversal to 0.9900. If a breakthrough happens look for a rise to 1.0750 (see monthly insert.).Caution should be apparent as the USD/CAD is in a narrowing trend channel.
What is the best stock trading platform for beginners varies from one platform to the next. There are many advantages to each, and choosing the right one depends on your needs and goals. A platform that offers a comprehensive range of offerings and supports new investors should be on your shortlist. Some platforms even...
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Unveiling the True Potential of TFT: Empower Your Trading Journey with The Funded Trader Program
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Introduction: In the ever-evolving landscape of trading, it is essential to discover innovative opportunities that can propel your trading career to new heights. One such transformative program is The Funded Trader Program (TFT) offered by thefundedtraderprogram.com. In this blog post, we will introduce TFT, explore the multitude of benefits it offers, highlight the exciting...
Successful forex traders use a combination of strategies to maximize their profits. Generally, they reduce their calculated net profits by 10%. This is done to minimize the possibility of slippage. These techniques have helped them become profitable despite losses that were larger than they expected. Moreover, they don't feel emotionally attached to their money,...
The basics of forex trading involve buying and selling real currency. For example, if you want to buy Euros, you would exchange your pound for euros. In theory, this would make you a profit. In practice, however, you may lose all your deposit. If you do not know much about currency, you should take...
There are numerous reasons why some stock trading websites are better than others. E-Trade, a major online brokerage, has been around for years and is still one of the best. Robinhood offers commission-free trades, cryptocurrencies, and specialty investment products. Tastyworks is the best website for active options traders, and Firstrade has the most branches....
A private limited company, OANDA operates under the brand name OANDA Corporation. It is licensed by the National Futures Association and accepts clients from the United States. OANDA is headquartered in New York, but they accept investors from all countries. The company does not have a physical location in the U.S. However, they do...