FOREX: Forex trading, forex trading strategies, learn to trade the mar...

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"CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."

       





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Indicators:
EMA 3 (blue)
EMA 20 (yellow)
EMA 50 (orange)
EMA 100 (red)
EMA 200 (purple)

Bollinger Band Period 20 Deviation 2 (green)
Bollinger Band Period 20 Deviation 1 (white)

What is 'Forex Trading Strategy' A forex trading strategy is a technique used by a forex trader to determine whether to buy or sell a currency pair at any given time. Forex trading strategies can be based on technical analysis, chart analysis or fundamental, news-based events. If you risk $1000, then you can make an average of $20,000 per year. If you risk $3000, then you can make an average of $60,000 per year. If you risk $5000, then you can make an average of $100,000 per year. This is the same strategy, same account size, and same trader.

A forex trading strategy is a technique used by a forex trader to determine whether to buy or sell a currency pair at any given time. Forex trading strategies can be based on technical analysis, chart analysis or fundamental, news-based events. Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury.

Yes, you can be a millionaire trading forex but it is not easy like you see on internet advertising and media. If you like to trade forex because you think you can be millionaire overnight or in a week or month please exit NOW because you will lose all your money and may also lose your t-shirt. Many of the most successful forex traders are right about the market's direction less than half the time. Since they practice good money management, they cut their losses quickly and let their profits run, so they are still profitable in their overall trading.

It is legal to trade Forex in South Africa as long as you abide by other financial laws such as money laundering and declaring taxes. There are brokers that are regulated by our own FSB and there are others that are regulated by other very diligent regulatory organizations around the world. FX 1-minute scalping is a day trading strategy as it involves opening a certain position, gaining a few pips, and then closing the position. It is one of the most basic and resourceful trading strategies. The main aspect of Forex scalping is quantity. It is not unusual for traders to place more than 100 trades a day.
FOREX: Forex trading, forex trading strategies, learn to trade the mar... FOREX: Forex trading, forex trading strategies, learn to trade the mar... Reviewed by BO Turbo Trader on August 23, 2018 Rating: 5

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