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How to Develop a Forex Strategy to Profit From Trends in Currencies

A forex strategy can be a great way to profit from the trend in currencies. This is possible if you can identify a trading range for a currency pair. This range will be the area where prices are above or below their previous lows. A straight line will also be helpful in identifying this trading […]

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How to Calculate Profit and Loss in a Business

A company’s net income is the amount of money earned by a business after subtracting its expenses. Essentially, profit is the portion of income that exceeds expenses. To determine profit, expenses must be recognized in the period during which the revenues were generated. After calculating COGS, subtract the costs of goods sold (COGS) from the […]

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Using News and Current Events in a Forex Strategy

There are many factors that can influence a currency‘s value, including news and economic events. For example, the strength of the U.S. dollar can affect the currency’s value, making it important to be aware of the news and current events that may influence the currency’s value. Using a forex strategy that incorporates news and current […]

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How to Trade the Euro in Forex

The original edition of The Euro posed the question: should the European Union abandon the single currency? It was supposed to unite Europe and foster prosperity, but the Euro has done the exact opposite. And it may even need to be abandoned to save the European project. The 19 countries of the eurozone have been […]

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How Do Traders Calculate Profit?

What is the definition of profit? Profit is the benefit that you derive from any business activity, such as selling a product. The selling price of a product must be higher than the cost price in order to generate profit. In business, profit is the amount of revenue gained by a business after deducting expenses […]

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The Best Forex Strategies For Beginners

There are a variety of forex strategies that can be used to make money. The most effective strategy is the one that will give you the highest reward for your investment. This is also the most time-consuming strategy, so you should only use it if you know a lot about the market. However, you do […]

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How to Trade the EUR Symbol in Forex

The founding fathers of the eurozone have the wrong ideas about how economies work. They have a blind faith in the efficiency of markets but lack an understanding of what makes a market work. Their unwavering belief in the power of markets is known as neoliberalism or market fundamentalism. They believed that if the economy […]

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Determining Profit and Loss

The term profit can refer to many things. A business can use it to study its performance, address operational problems, and determine its potential. It can also be used as a tool to analyze seasonal patterns. If it is negative, a business is having a difficult time managing expenses or achieving good sales. By drilling […]

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How to Make a Profit From the Forex Market

The most common way to make a profit from the Forex market is to enter a position within a range, or narrow range. A wide range is characterized by a long range, and a narrow range is characterized by a short term high and low. This kind of pattern is also apt for major reversals. […]

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Forex Trading Strategies For Beginners

Forex Trading Strategies For Beginners The 50 pips per day forex strategy has been developed to closely trade any of the major currency pairs worldwide. This particular strategy is used to identify the pre-dominantly strong trading signal in the forex market. As a general rule, this strategy mostly applies to EUR/GBP or USD/JPY. It is […]

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