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    Forex Day Trading Strategies: The Most Profitable Forex Day Trading and Scalping Strategies That Work in 2022!: Day Trading Strategies, #5
    Forex Day Trading Strategies: The Most Profitable Forex Day Trading and Scalping Strategies That Work in 2022!: Day Trading Strategies, #5
    Forex Day Trading Strategies: The Most Profitable Forex Day Trading and Scalping Strategies That Work in 2022!: Day Trading Strategies, #5
    Ebook114 pages41 minutes

    Forex Day Trading Strategies: The Most Profitable Forex Day Trading and Scalping Strategies That Work in 2022!: Day Trading Strategies, #5

    By Micheal Roma

    ()

    Read preview

    About this ebook

    Day trading Forex can be extremely profitable if you know what you're doing and have a solid trading strategy in place...

     

    This book includes high probability trading strategies for forex, that have been proven to work in all market conditions. These strategies are easy to follow and include step-by-step instructions for using them. The Forex market is a 24-hour market that never sleeps, which means there are always opportunities for traders who know what they're doing, and we'll show you how to easily spot these profitable opportunities.

     

    You'll learn how to:

    • How to create your own profitable trading strategy from scratch
    • The best buy and sell signals for trading Forex
    • The most profitable day trading and scalping strategies for trading Forex in 2022
    • Important risk management strategies the pros use
    • And much more!

     

    With this guide, you'll have the tools you need to become a profitable Forex trader. Get your copy today!

    LanguageEnglish
    PublisherMicheal Roma
    Release dateJul 6, 2022
    ISBN9798201059620
    Forex Day Trading Strategies: The Most Profitable Forex Day Trading and Scalping Strategies That Work in 2022!: Day Trading Strategies, #5

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      Book preview

      Forex Day Trading Strategies - Micheal Roma

      Introduction

      The Forex market is one of the most exciting and profitable markets in the world. It’s a 24-hour market that never sleeps, which means there are always opportunities for traders who know what they're doing.

      This book will teach you everything you need to know about trading Forex, including how to create your own strategy and find trades that work for you. If you’re ready to start making money with Forex and are looking for the most profitable day trading strategies this book is for you!

      In this guide, I'll show step-by-step exactly how to be a successful Forex trader.

      I'll cover topics such as:

      How to create your own profitable trading strategy from scratch

      The best buy and sell signals for trading Forex

      The most profitable day trading and scalping strategies for trading Forex in 2022

      Important risk management strategies the pros use

      And much more!

      Now let’s get started!

      What is Forex?

      The Forex market is a global financial market where currency is traded in pairs. It's known as the FX market for short. It's the largest and most liquid market in the world, which means that the amount of currency traded every day is very high compared to other financial markets.

      A billion dollars traded in the Forex market is manageable, but a billion dollar trade in the stock market for example would be difficult and highly unusual (you probably don’t have to worry about this... yet).

      The main goal of the foreign exchange market is not for day trading but to facilitate trade between countries by providing a place to exchange different currencies and then converting them into their currency.

      How is Trading Forex Different Then Trading Other Markets?

      In my opinion the Forex market is the easiest market to trade, especially for beginning traders. Here are some of the things that make it unique compared to other markets.

      The availability of using high leverage. In Forex, it's possible to gain access to leverage that can reach margins as high as 1:500 – this will greatly increase the profits of a successful trade, but will greatly increase the risk as well.

      A huge variety of currency pairs to trade. It involves trading currencies from other countries rather than a single security or commodity. You can choose from a wide variety of currency pairs making it easier to find trade opportunities.

      A 24-hour global market, you can trade it at any time of the day Monday to Friday. Unlike the stock exchange you can choose to trade at the time that works best for you.

      What Are the Easiest Currency Pairs to Trade?

      As a beginner, it is recommended that you start out with the simplest pairs. The most basic currency pair would be EUR/USD or USD/CAD (Euro against the US Dollar and Canadian dollar respectively). Some traders also prefer AUD/USD (Australian dollar) because of its relative

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