Sitting in cash. Waiting patiently for MY opportunities to trade the FOREX market. Here's what I'm looking at for tomorrow.
Tomorrow, July 8th, 2020 I'm looking at trading: USD @ 10:30am - Crude Oil Inventories NZD @ 9:00pm - ANZ Business Confidence IF* the proper opportunities present themselves then I'll take a position. Otherwise, I will continue to sit in cash until the conditions I'm looking for arise. Patience is a BIG part of my strategy.
Forex Forex is essentially a liquid market of currency pairs that react to global news, events and economic policies. As the currencies of the world vie against each other, traders, corporate businesses, hedge funds as well as investment houses look to trade on the volatility of the currency fluctuations. Learn How To Trade The Forex Market In 1 Minute A Day For Life-Changing Profits And Explosive Growth That Annihilates S&P 500 And Wall Street Trader’s Gains If you can follow some simple instructions and push a few buttons… you can accumulate wealth faster, create multiple income streams and secure your financial future. Trading foreign exchange on the currency market, also called trading forex, can be a thrilling hobby and a great source of income. To put it into perspective, the securities market trades about $22.4 billion per day; the forex market trades about $5 trillion per day. You can trade forex online in multiple ways. FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. There are many profitable forex traders for the trending market but scare of the range-bound market. Moreover, strategies in the trending market are also risky in range-bound forex markets. And so in this article, we will take examine how to trade in range-bound forex market, show to spot it with a trading strategy in this environment.
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