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Posted on the 22 January 2022 by Williamerikburton


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High-Risk Investment Warning!
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
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If you’ve ever heard your forex trader or anyone in the finance department talk about “counter currencies”, “majors” or even more specifically “EUR/USD” pairs then it is quite likely that they are talking in forex speak about currency pairs. In this article we have a brief look at the formulation of a currency pair, how they are used and the most widely used currency pairs.

Become Successful In Trading With The Help Of Live Forex Trading Charts

Using live forex trading charts is one of the best methods available in the market which will help you to become successful in trading. These charts are widely used by traders for supporting and helping them in trading.

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How To Be A Successful Currency Trader

A Forex Trader buys and sells a currency pair using online Forex brokers and systems such as Metatrader MT4. They buy and sell in hopes of making a profit from either direction. While a FX trader can make money when a currency pair rises, they can also make money when if falls if their initial order was to sell. There are always two different currencies involved in a trade (thus the currency pair) because when you buy for example Euros, you must have another currency in order to make the exchange.

Help With Some Common WebIRESS Connection Problems

The webIRESS trading platform is one of the most common online share and CFD trading platforms in Australia. WebIRESS is used by most of the major online brokers including, Comsec, Etrade, and Bell Direct, however like all on-line trading platforms some traders might experience technical hiccups when first logging in. Some of the more common technical issues that you might encounter along with simple solutions are outlined below.

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Lot of beginner traders always concentrates on four hour or one hour charts with the hope of becoming profitable day traders. As per survey conducted on rich and successful Forex traders, it has been found that all of them concentrate of bigger time frames. They usually follow monthly, weekly or daily charts rather than sticking to one hour or 2hr charts. They can follow a four hour chart while trading, but they must create a trading strategy which makes us weekly and daily charts when they start out at first.