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Find the approximate amount of currency units to buy or sell so you can control your maximum risk per position.
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An attempt by a country’s monetary authorities to influence exchange rates and its money supply by not buying or selling domestic or foreign currencies or assets.
This is a passive approach to exchange rate fluctuations and allows for fluctuations in the monetary base.
A passive order is a trading order in which the order price is different from the market price. An order is passive when traders set a price that the currency pair must reach before they go ahead...
Money supply refers to the total amount of currency and liquid financial assets circulating within an economy at a given time.
The base rate, also known as the benchmark interest rate or bank rate, is the interest rate set by a country’s central bank.
Forex trading is the simultaneous buying of one currency and selling another. When you trade in the forex market, you buy or sell in currency pairs. As the value of one currency rises or falls relative to another, traders decide to buy or sell currencies to make profits. Retail forex traders participate in the forex market […]
Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for another. While it is called “foreign” exchange, this is just a relative term. The terms “foreign” and “domestic” are relative to the person using the term. What is foreign to someone is considered domestic to another. “Currency exchange” […]
Laziness is a secret ingredient that goes into failure. But it's only kept a secret from the person who fails.Robert Half