This trade is good for almost 200 pips in only a few weeks. Note that we could break this trade into smaller trades on the hourly chart. Money Management and Risk in Forex Markets To trade forex, choose a brokerage that is regulated by a major oversight body like National Futures Association (NFA) or Financial Conduct Authority (FCA) and open an account. Read and analyze international economic reports, then choose a currency you feel is economically sound to trade with, like the US dollar or Euro. Learn from the best forex market professionals. Make no mistake about it – forex trading is high risk, specialized training in developing the best trading strategies is a prerequisite to manage this risk and ensure successful trading. Learn how to trade, where to trade and explore the best online forex trading platforms. Wide range of currencies to trade: FOREX.com allows you to buy and sell over 80 currencies, making the broker one of the most comprehensive currency trading providers in the world. Trade 4,500+ global markets including 80+ forex pairs, thousands of shares, popular cryptocurrencies and more.
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