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When I start making investment in forex trading we must know about different broker available in the market and must choose only the broker which has a good reputation in the market.
Market participants use forex to hedge against international currency and interest rate risk, to speculate on geopolitical events, and to diversify portfolios, among several other reasons.
NAVARRA FOREX TRADING INDICATOR is to be traded on the H4 chart only. I switch between daily and H4 charts to see what the market is doing. Daily you will see the overall trend. H4 is where you will place the trade. Sometimes you can go to H4 and see if the signal matches the H4, if it doesn't...
There are different ways one can draw fibs, with that said, you could populate your entire chart with fibs until it's black. Personally I don't think they work. There is an article on the net, (dont have bookmark handy) that does pretty good analysis on fibs and trendlines.
Demo trading is very helpful for a new trader to develop their trading skills before start real trading. You can test your strategy with a demo account and if it works you can start trading with real money and start making a good profit.
Losses are the common thing of forex trading and we can only avoid or minimize them with risk management and money management. Always be ready to learn forex before the start and have a good strategy and plan.
The Forex market is a 100 percent risky market for beginners. Doing business here requires a combination of your patience and experience. We get impatient a lot of the time which is why we trade back and forth. This is why we have losses. Let's start trading in this forex market again which is...