Forex News Trading

What is News Trading in Forex? A Guide for Beginners

Forex news trading focuses on economic data, current events, and significant happenings rather than traditional techniques like technical analysis. News trading prioritises fundamental analysis, allowing traders to predict market changes by evaluating economic indicators and global occurrences. Nowadays, platforms such as Twitter and Reddit significantly affect trader sentiment, as information disseminated through these channels can…

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5-3-1 Trading Strategy

The 5-3-1 Trading Strategy: Meaning of 5-3-1 in it

The 5-3-1 trading strategy in forex fosters discipline among traders by restricting the number of currency pairs they engage with, encouraging thorough research. For newcomers, it streamlines the decision-making process and boosts their learning experience. Seasoned traders benefit from this organized method, which minimizes the chances of overtrading and facilitates a systematic response to evolving…

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