Sitting in cash. Waiting patiently for MY opportunities to trade the FOREX market. Here's what I'm looking at for tomorrow.
Tomorrow, July 8th, 2020 I'm looking at trading: USD @ 10:30am - Crude Oil Inventories NZD @ 9:00pm - ANZ Business Confidence IF* the proper opportunities present themselves then I'll take a position. Otherwise, I will continue to sit in cash until the conditions I'm looking for arise. Patience is a BIG part of my strategy.
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. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. Forex trading involves risk. Losses can exceed deposits. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Learn How To Trade The Forex Market In 1 Minute A Day For Life-Changing Profits And Explosive Growth That Annihilates S&P 500 And Wall Street Trader’s Gains If you can follow some simple instructions and push a few buttons… you can accumulate wealth faster, create multiple income streams and secure your financial future. The foreign exchange (also known as FX or forex) market is a global marketplace for exchanging national currencies against one another. Because of the worldwide reach of trade, commerce, and ... Because you are selling, your trade is entered at the price of 1.33820. You look at your position later in the day and discover that the EUR/USD is now at 1.34160/180. Your trade has lost 36 pips. You decide to close your position at the current buy price of 1.34180 and accept your losses. Get started with FOREX.com
Trading Forex for Beginners - The Basics - YouTube
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