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Forex trading, which is the act of exchanging fiat currencies, is thought to be centuries old – dating back to the Babylonian period. Today, the forex market is one of the biggest, most liquid and accessible markets in the world, and has been shaped by several important global events, like Bretton woods and the gold standard.
Macro2018 was a phenomenal year for the U.S. dollar. The trade weighted Dollar Index appreciated nearly 5% and is up more than 9% from its low in February. Emerging market currencies were hit the hardest by the rise in the dollar but major currencies like the
Eurozone consumer prices rose at a slower-than-expected pace in December, increasing expectations that the European Central Bank will keep interest rates unchanged.
US dollars and Kenyan currency on display at a forex bureau in Nairobi. Central banks in the region have raised concerns over illegal forex trading. PHOTO FILE | NMG
As the country moves forward with its many development and commercial projects, there have been increased payments made in foreign exchange for a host of imports, which have left the banks scrambling for dollars. While BB has regularly been injecting Forex into the market to stabilise it, experts believe that the increased monitoring on money laundering (especially for inward remittance) should be an ongoing one.
i do not know you say what are you mean but i thinking you are say we need to trade in range, so its right say if we are cannot trade our range then we are able take loses. but you are say Range trading strategy but you are cannot explain more details so how to say about your say.
i do not know you say what are you mean but i thinking you are say we need to trade in range, so its right say if we are cannot trade our range then we are able take loses. but you are say Range trading strategy but you are cannot explain more details so how to say about your say.
we should be in a range . Its mean that we should not invest more than pocket capacity we should earn less but safely and constantly . then you will be a successful trader.
Yes brother it's a good strategy.I try it few days in my demo account and find a good result.I will set it in my real account.I think it will give me profit in my real account as like demo.Thanks brother for good strategy
Its mean that we should not invest more than pocket capacity we should earn less but safely and constantly . I will set it in my real account.I think it will give me profit in my real account as like demo.Thanks brother for good strategy. This large trading range can be between 150 to 300 pips.