Forex Articles – page 5

Forex Scalping Explained
Same as day trading, scalping is aimed at profiting from short-term market movements. If a day trade may last for a few hours, a scalping position is typically open for 1 or 2 minutes. Each successful scalp will bring a trader about 5-10 points. Although such returns of a single order might sound discouraging, a big number of those boosted by leverage will make this strategy worth your attention.
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Monetary Policy Statement: What you need to know
Almost every month in the economic calendar, traders can see such events as the monetary policy meeting minutes. As a rule, during the publication of this protocol, the volatility increases sharply. Let's find out what this protocol is and whether it is possible to make money on it.
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Forex Trade in Nigeria: Choosing the Right Timing for Successful Trading
The Nigerian economy is strong and blossoming, so it provides plenty of opportunities for earning, investing, and making more money. Forex trading is one of the ways to multiply your savings, but there are many factors that impact the outcome of your trading. Along with choosing the right currency pair, you need to carefully calculate when to trade (and when not to trade). This article will help you keep track of the best trading periods by the Nigerian time and how to decide when to enter the trades and when to refrain from them.
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