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 to Day Trading foreign currencies (forex) with Forex Smart Trade. If you are interested to earn extra money, we will train you, fund you and split the profit. 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. FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors.
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