Dear ,
As requested, let’s look at EURUSD and the recent events that happened in the previous trading session.
EURUSD Analysis
Performance after Wednesday
Period Pct Chg Momentum
Wednesday -0.26% -28.3 Pips
Week to-date -1.12% -125.1 Pips
October -0.83% -91.9 Pips
Upcoming key events (London Time)
Fri 01:30 PM USD Nonfarm Payroll Employment
What happened lately
In the Euro Area, the unemployment rate for August remained steady at 6.4%, showing no change from July, according to Eurostat. Additionally, there was a decline in key inflation indicators in September. The
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Forex also known as FX is simply shorthand for foreign exchange , which is the trading of one currency for another A forex trader speculates on the price movements of one currency against another with the aim of making a profit
What is better? Quality of your trades or making extra trades?
Every trader should ask themselves this question. The answer is quite simple and it all comes down to risk management.
If you are only focused on the number of your trades, then you are likely taking on too much risk. This can lead to big losses that can wipe out your entire account. On the other hand, if you focus on the quality of your trades, then you can reduce your risk and improve your chances of success.
Every trader should follow some things to improve their quality of trades by skipping the number of trades. Beca
Every trader should ask themselves this question. The answer is quite simple and it all comes down to risk management.
If you are only focused on the number of your trades, then you are likely taking on too much risk. This can lead to big losses that can wipe out your entire account. On the other hand, if you focus on the quality of your trades, then you can reduce your risk and improve your chances of success.
Every trader should follow some things to improve their quality of trades by skipping the number of trades. Beca
Nonetheless, buying and selling with a small quantity of threat capital can let you check a new methodology, or permit inexperienced persons new to forex trading study by trial and error.
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