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News MT4/MT5 Expert Advisors July 2, 2018 /Leave a Comment 1. Chart Patterns Weekly Commentary Videos The currency market, or forex (FX), is the largest investment market in the world, and continues to grow annually. On April 2010, the forex market reached $4 trillion in daily average turnover, an increase of 20% since 2007. In comparison, there is only $25 billion of daily volume on the New York Stock Exchange (NYSE). The market may be large, but until recently the volume came from professional traders, but as currency trading platforms have improved more retail traders have found forex to be suitable for their investment goals.
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Math can improve after BO 27:30 Video 46E: Trading Broad Bear Channels Currency trading is a 24-hour market that is only closed from Friday evening to Sunday evening, but the 24-hour trading sessions are misleading. There are three sessions that include the European, Asian and United States trading sessions. Although there is some overlap in the sessions, the main currencies in each market are traded mostly during those market hours. This means that certain currency pairs will have more volume during certain sessions. Traders who stay with pairs based on the dollar will find the most volume in the U.S. trading session.
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Today, all you need to participate in this exciting market brimming with money making opportunities is a computer with internet access, a broker account which you open online, and this forex tutorial, which will cover all the basics to start trading.
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Special features 21B Reversals UPDATED “At the end of my first week demo trading on the system, I thought I would write you a bit of feedback. Basically I had a good week. I did 12 trades, of which 8 were in profit; total pips profit 130, total pips loss 17; overall profit 113 pips. In one case I closed a trade for a small loss because it was going the wrong way, then some hours later checked and found that if only I had been patient, it subsequently moved as expected. So overall a good and encouraging start. Once again thank you for the excellence of your training which I am confident now has given me the basis to become a successful trader” – Peter
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FOREX 101 Video 40A: Entering Late in Trends Currencies are traded in pairs and have two sets of prices. There is a bid price, and the ask price. So a typical quote for the Euro against the US Dollar will be displayed as follows:
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