You should use your demo 1st; if you get good trading result only then you need to it for live trading! Otherwise, no way!
Just read this 3 months later, how long do you think this type of environment will continue?
How long is a piece of string? IMO, it will last until Ukraine liberates Crimeria possibly summer of 2023.
Fortunately, China is not supporting the use of nuclear weapons by Russia which means less threat to Taiwan by them, as the USA will no doubt intervene yet again. Then the next could be a war between the Korean countries, and increasing Climate change.
Which means the economies of global powers would take an enormous hit. Maybe by 2025 we will see a better world beginning to grow, providing Trump doesn’t get elected.
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Forget trading the majors or certain pairs only because they are “predictable” or easy trend following. If this would be true, everybody would quit their job by tommorw and become a forex trader.
Your questions has been mostly answered by the guys above but you could also check Babypips’ Market Milk Currency Strenght and look at “Momentum”. Try trading currency with strong bullish momentum against bearish momentum. Of course it doesn’t work anytime
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I feel like this one is just brewing.
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