Forex Zone - Forex Forum

Learn About the Currencies You Trade

Discussion started on Forex Education

  • Hero Member
  • Posts: 48758
  • Points: 803
  • Likes Received: 38
  • Reputation: +53/-46
learning currency is important before you trade because when you can learn currency well then it will make you focus making you get high profits to be successful
#736 - March 12, 2024, 08:21:37 AM

  • Hero Member
  • Posts: 51275
  • Points: 398
  • Likes Received: 60
  • Reputation: +18/-46
Before you carry out an analysis or open a position, it is mandatory to trade first by considering how to position yourself well and you must be able to utilize this for your success as a trader.
#737 - March 13, 2024, 06:02:39 AM

  • Hero Member
  • Posts: 1291
  • Points: 822
  • Likes Received: 0
  • Reputation: +0/-0
Learning currency is an important thing for us so that when we want to open a position we definitely know where the price is going
#738 - March 17, 2024, 03:19:54 AM

  • Hero Member
  • Posts: 5460
  • Points: 1
  • Likes Received: 16
  • Reputation: +0/-0
A professional only focuses on one or two currencies.  Why, because they believe that by using just one or two currencies they can learn about all price structures and movements thoroughly, therefore it is important to study currencies before opening a position.
#739 - March 18, 2024, 10:09:34 AM

  • Hero Member
  • Posts: 11098
  • Points: 781
  • Likes Received: 31
  • Reputation: +2/-0
I think what you say is right, for example, I have been trading a lot in gold and EURUSD, and after I focused and studied a lot about these currencies, at least I knew their character and didn't hesitate to enter the market.
#740 - March 18, 2024, 08:42:52 PM

  • Hero Member
  • Posts: 5460
  • Points: 1
  • Likes Received: 16
  • Reputation: +0/-0
everything you do to study the currency before executing it is indeed an added value for us because when we study the currency we will know its characteristics.
#741 - March 19, 2024, 08:21:56 AM

  • Hero Member
  • Posts: 11098
  • Points: 781
  • Likes Received: 31
  • Reputation: +2/-0
If you want to learn all the currencies then you will run out of time, maybe that's why in Forex there is the term major currency so that it is easy for us to learn and usually there is fundamental analysis that we can use to learn.
#742 - March 19, 2024, 01:58:17 PM

  • Hero Member
  • Posts: 5460
  • Points: 1
  • Likes Received: 16
  • Reputation: +0/-0
When you can learn currency well then it will be proof that you have intelligence, proof that you have to analyze it first.
#743 - March 20, 2024, 06:15:25 AM

  • Hero Member
  • Posts: 48758
  • Points: 803
  • Likes Received: 38
  • Reputation: +53/-46
Learning currency is a good condition that will enable you to get high profits and get something that is easy to get in an ideal way
#744 - March 21, 2024, 06:32:20 AM

  • Sr. Member
  • Posts: 486
  • Points: 2
  • Likes Received: 2
  • Reputation: +2/-0
Before you carry out the execution, it's a good idea to choose a currency that is suitable for you so that it is easy for you to get big profits
#745 - March 22, 2024, 07:42:13 AM

  • Hero Member
  • Posts: 1291
  • Points: 822
  • Likes Received: 0
  • Reputation: +0/-0
When you learn currency then it will make you successful. When you do that then your distance analysis will definitely be better than if you don't study at all.
#746 - March 23, 2024, 06:21:15 AM

  • Hero Member
  • Posts: 51275
  • Points: 398
  • Likes Received: 60
  • Reputation: +18/-46
learning currency is a good condition where when you learn currency you will memorize the movement of energy which is a good thing
#747 - March 25, 2024, 04:52:11 AM

  • Hero Member
  • Posts: 5460
  • Points: 1
  • Likes Received: 16
  • Reputation: +0/-0
The currency must be studied well when you trade. You must be able to learn to condition things appropriately
#748 - March 27, 2024, 06:51:21 AM

  • Hero Member
  • Posts: 48758
  • Points: 803
  • Likes Received: 38
  • Reputation: +53/-46
As long as you can learn about currency well, you can learn to get big profits and you should be able to use this for your own benefit well.
#749 - March 28, 2024, 08:21:31 AM

  • Sr. Member
  • Posts: 486
  • Points: 2
  • Likes Received: 2
  • Reputation: +2/-0
Learning about currency is a good thing for you to do as a trader. Learning currency will provide high benefits for you
#750 - March 30, 2024, 04:09:50 AM

Members:

0 Members and 1 Guest are viewing this topic.