While not as headline-grabbing as share trading in the light and the rise of a new generation of investors short-selling GameStop options, foreign exchange (forex) trading has long been a safe and reliable way to shore up capital — it just helps to know how best to get start Local may be ‘lekker’ There is…
Month: November 2022
Using forex signals in trading
This is a decision that will depend on your trading goals and ambitions. The main reason for this is that the inherent risk of forex signals is that your trading decisions are determined by a third party while you take full responsibility for the outcome of the trades. That is, if your trade ends successfully,…
Forex signals and their complements created
Forex signals came about as a natural innovation of the financial industry. They effectively solve the most daunting activity any trader has to perform – to identify the right trading opportunities at the right time. By definition, a forex signal is a trading idea or recommendation on a specified financial asset, to be executed at…
volatile forex market
Volatility in the country’s foreign exchange market yesterday intensified further amid scarcity of the greenbacks, forcing travellers to buy a US dollar at up to Tk 102, the highest in Bangladesh, in open markets. Importers had to pay a maximum of Tk 97 per dollar to settle their import bills, up from Tk 95-96 on…
Trading is not working properly
Though it is possible to buy and hold a currency if you believe in its long-term appreciation, many trading strategies capitalize on small, rapid moves in the currency markets. For these strategies, it is common to use automated trading systems that provide buy and sell signals, or even automatic execution, across a wide range of…