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Trading Psychology: Emotions and Discipline in Forex

can also be a trader's worst enemy. Greed, fear, excitement, and panic are just a few examples of emotions that can cloud judgment and lead to poor decision-making. For example, when a trader lets fea...

Using Fundamental Analysis to Make Informed Trading Decisions

at a steady rate, this could indicate a strong economy and lead to a stronger currency. On the other hand, high inflation rates could signal economic instability and lead to a weaker currency. Anothe...

Introduction to Forex Technical Analysis

trading opportunities in the forex market. Technical analysts believe that all relevant information is already reflected in the price of a currency pair, making it possible to predict future price mo...

Major Currency Pairs to Watch

Dollar) The AUD/USD pair is often referred to as the "Aussie" and is influenced by factors such as commodity prices, economic data from Australia and the US, and market sentiment. The Austra...

Global Economic Events Impacting Forex Market

economic events that impact the forex market is the release of economic data, such as GDP growth, inflation rates, employment figures, and trade balances. Positive economic data can strengthen a count...

2024-08-29 12:59:35