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.
For most trading styles, the best time to trade is at times of greatest market liquidity. The greatest liquidity in the Forex market tends to arise during the overlap between London and New York business hours, which occurs on weekdays between 9:30am and 1pm New York time. Because you are selling, your trade is entered at the price of 1.33820. You look at your position later in the day and discover that the EUR/USD is now at 1.34160/180. Your trade has lost 36 pips. You decide to close your position at the current buy price of 1.34180 and accept your losses. Get started with FOREX.com 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. Forex trading involves risk. Losses can exceed deposits. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. 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.
The Easiest Forex STRATEGY! You must watch! 🙄 - YouTube
The ONLY Forex Trading Video You Will EVER Need THIS QUICK TEST WILL HELP YOU BECOME FINANCIALLY FREE Take it HERE: https://discover.tiersoffreedom.com To jo... Enroll in the complete course here with discounts of over 90% using this link: http://rebrand.ly/ForexFound Follow me on IG: https://www.instagram.com/Mohsen... Practice FOREX - FREE or REAL at: http://www.avatrade.com/?tag=75842 Forex Scams: https://www.youtube.com/watch?v=eTiXEEBIQnI PART 2: https://www.youtube.com... The 4 forex strategies that every trader should know ! 🚨🚨Trading Performance 🚨🚨 Improve Your Trading Performance at our Fundamental Trading Academy https://w... Up Next: How do bankers trade forex? Part 2: Capital Management https://youtu.be/NDIByRE-qLQ Tap into 28 Years of experience in the Forex Market and find out...