overall trend. 2. Bar Chart: A more detailed chart that shows the high, low, open, and close prices of a currency pair for a specific period. Each bar represents a specific time frame, such as one ho...
you can increase your chances of success in the forex market. In the world of foreign exchange trading, there are various strategies that traders can use to make profits and manage risks. One of the p...
Traders should never risk more than they can afford to lose and should always set stop-loss orders to limit potential losses. It is also important to monitor the margin level in your account to avoid ...
Events: Political events can also impact currency trends. Monitoring political developments, such as elections, government policies, and international relations, can help traders anticipate potential ...
allows traders to control a larger position in the market with a smaller amount of capital. While leverage can amplify profits, it also increases the risk of losses, so it is important for traders to ...
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