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Using our Forex Trading Tips & Strategies. Applying our forex strategies and analyst picks will help you understand the fundamental and technical influences on currency pairs such as EUR/USD and GBP/JPY, and in turn enable you to trade more consistently.
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Foreign exchange (forex) trading is buying or selling one currency in exchange for another, in an attempt to extract a profit from the price movements. All currency trades involve two currencies, and trades are facilitated by a forex broker. Currency markets are open 24-hours a day during the week, which is an advantage over the stock market which is only open for a portion of each week day. Live Forex trading requires a couple of special skills. A live Forex trader should be good at solving problems and making quick decisions. If you’ve got both in abundance, you’re going to love live Forex trading. Improve your chance of success by taking note of the following tips Improve your skills with the best live day trading room. In Tradenet's live trading rooms, you can chat with other traders and learn from Meir Barak and his analysts. You'll gain valuable insights and connect with a whole community of day traders.
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