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From 2019 to 2022, the market cap of forex trading surged from USD 1.93 quadrillion to USD 2.73 quadrillion. Meetings Concerning Monetary PolicyTraders should keep an eye on the timings of meetings that can affect the monetary policies of a country. Spreads of concerned pairs are generally higher around the meetings which can possibly affect […]
Traders are either scalping in the same direction (a trend-following approach) or in the opposing direction (a contrarian approach). Scalping strategies require traders to closely monitor the trading station and to open/close a large number of positions. For this reason, scalping strategies work very well in volatile markets, such as Forex. Market news events […]
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