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Forex market is constantly changing


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On 3/11/2021 at 9:25 PM, gds221 said:

Any market is always dynamic, and forex is no exception. As for me, this is quite normal.

Forex market in everyday always changing and yest because the difference of price movement then traders trying to catch profit from the difference buy and sell order. In forex there are more than 6 billion USD every day trading, the biggest market in the world.

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On 3/11/2021 at 9:25 PM, gds221 said:

Any market is always dynamic, and forex is no exception. As for me, this is quite normal.

Volatility gives opportunity for investor, without volatility hence will impossible to catch profit from forex trading market, the currency price constantly changing gives challenge for traders to catch the profit from difference of price movement in the certain trading pair.

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Forex trading will be greatly benefited if the trader himself already fully knows and understands all of its workings. That is why traders must truly be learned and mastered everything, so that they can later be benefited. This is also what I always do at FreshForex broker and regularly follow the education provided.

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  • 11 months later...
On 2/1/2023 at 9:59 AM, Namu said:

Forex trading will be greatly benefited if the trader himself already fully knows and understands all of its workings. That is why traders must truly be learned and mastered everything, so that they can later be benefited. This is also what I always do at FreshForex broker and regularly follow the education provided.

I have been making use of the FXOpen Broker and it accepts the Bitcoins for the Deposits :)

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  • 4 weeks later...

Indeed, the forex market is highly dynamic and constantly changing due to various factors such as economic data releases, geopolitical events, central bank announcements, and shifts in investor sentiment. These changes can lead to fluctuations in currency prices, creating both opportunities and challenges for traders. Staying informed, adaptable, and disciplined is crucial for navigating the ever-changing landscape of the forex market effectively. I use MT5 calendar from HFM to stay up to date and avoid turbulent periods especially during news releases

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  • 1 month later...
On 1/21/2021 at 6:08 PM, gds221 said:

Any market is always dynamic. Forex is no exception in this regard.

That is why the forex market allows traders to either take a long or short depending on such dynamics.

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  • 2 months later...

Prices do move dynamically, and change easily, maybe even in a few seconds prices may jump, this can happen because there is a trigger, for example, the change in interest rates that occurred yesterday. The SNB lowered interest rates by 25 basis points from 1.50% to 1.25% which has caused the CHF currency to soar quickly.

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