“You have nothing to lose and our forex training can change your life”. This is how many fx training providers get amateurs into the forex trading game.
The truth is that you have much to lose:
There are only about 6 things to know about anything, or any topic, to understand it. It is the same with forex.
But I would add a 7th question because it has such a big influence on fx traders.…
Trading in foreign exchange is the buying and selling of two currencies, or money denominations of two countries.
Forex trading is based on the difference in the value of the two currencies (currency pair) and how they increase or decrease in value in relation to each other
Patterns are valuable aids for any trader in identifying possible edges based on what chart patterns have a possibility of occurring.
The trader should understand that certain chart patterns keep on occurring due to the fact that traders make decisions based on the same emotions repeatedly, and that these emotional decisions again, and again, create the same patterns on a chart.…
A range is price movement within a range of obvious highs and lows (resistance and support), and it is depicted on a chart as an image of sideways price movement.…
