Swing forex trading strategy is a type of trading that aims to acquire gains in a stock. It also seeks to capture a swing or a single move with the help of daily and weekly timeframes. This is ideal for minimizing losses by closing a trade just before the occurrence of market pressure. WHAT ARE SWING TRADING STRATEGIES Though there …
How to trade forex
It is comforting to know that it doesn’t take a genius when placing a trade in the foreign exchange market. Let us start with the buying and selling of currencies. The primary aim of a trader when exchanging currencies is that the currency the trader chose to buy should increase in value compared to the sold currency. In this case, …
How is forex profit considered?
Generally, traders profit from trading forex by exchanging one currency for another in anticipation of a change in price. To be more specific, profit is earned when the trader speculated correctly that the money he had bought increased in value compared to the currency he had sold. Let us take a concrete example to give a clearer picture of how …