.: easy-forex Trading Opportunities

easy-forex Trading Opportunities - Chinese subtitles

Hi Im James...Im one of your dealers here at easy-forex. When you are starting out as a forex trader it is important to understand all of the small steps you should take before deciding what to trade. Knowing when to buy or sell a currency may appear daunting at first, but there are some basic guidelines you can use to spot trading opportunities. Firstly, you should review the previous days market activity so that you know what the market sentiment was and how investors may be feeling now. Most traders rely on fundamental or technical analysis or a combination of the two for this. You should focus on the pairs you are most interested in and see how they have behaved previously. For example, check the high and low levels they hit, and the support and resistance levels they touched. You should also review yesterdays news in order to gauge the market sentiment. Pay special attention to unemployment and economic growth indicators as well as what matter most, interest rate decisions. Secondly, you should check the economic calendar to see what news and announcements are planned for the day. Currency rates tend to react to economic reports as they are the main barometer of a countrys economic health. Announcements from central banks and those relating to employment may provoke the most market volatility, so it is important to note the time of day for these scheduled releases and the currency pairs that may be most impacted. You should also review the daily outlooks which summarise the day ahead and give indications of market sentiment. Next its important to check the stock market performance. For the past four years, price movement in most financial markets has been greatly influenced by equities. When stock markets fall, traders may liquidate positions in riskier assets and shift funds to less risky assets, seeking safe haven in currencies like the US dollar, Swiss franc, Japanese yen and gold. Conversely, when stock markets rise, there is greater demand for

http://golden-trend.com/market-tube/url.php?type=1&id=1589546

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A financial service provider, easy-forex® is a market-maker in the Forex industry. Since 2003, easy-forex® has been revolutionizing foreign exchange trading in more than 150 countries. easy-forex® offers currency and commodity trading via multiple platforms including web, desktop and mobile. Licensed in Australia, the EU, and the USA , easy-forex® has multiple offices around the world giving personal training, support and service to thousands of traders Risk Warning: please note that Forex trading (OTC Trading) involves substantial risk of loss, and may not be suitable for everyone Disclaimer Opinions expressed on this website and in any corresponding comments are the personal opinions of the original authors, not of easy-forex® or any employee thereof. The content is provided for informational purposes only and is not meant to be an endorsement or representation by easy-forex® or any other party. This site is available to the public. No information you consider confidential should be posted to this site. By posting you agree to be solely responsible for the content of all information you contribute, link to, or otherwise upload to the website and release easy-forex® from any liability related to your use of this website. Posts are moderated for relevance and suitability and are approved at the discretion of the moderator. easy-forex® reserves the right to edit the content posted on this website for clarity or to keep out questionable matters and to entirely delete off-topic comments.

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