Apr 26, · EFCC told Nigerians that many have lost and are still losing, money to Ponzi schemes, forex trading and most recently Bitcoin trading. “Though risk-taking is Oct 22, · Investing in a Forex using a PAMM, MAM, or LAMM trading structure through a government regulated forex brokerage company is the way to go, if you really care so much about your investment/capital. A government regulated forex brokerage company is subjected to periodic (quarterly, semi-annually, etc) monitoring and auditing by the regulatory body Jun 25, · EFCC arrests alleged N billion ‘cryptocurrency’ fraudsters in Sokoto Police say suspects lured residents of Sokoto to invest Nbillion in fake forex and cryptocurrency
EFCC arrests alleged N billion 'cryptocurrency' fraudsters in Sokoto
Forex traders should familiarize themselves with the key event risks that heavily impact the major currencies. Remember that we are trading the news because of its ability to increase volatility in the short termso naturally, we would like to only trade news that has the best market-moving potential for the currency market. Being aware of upcoming key event risks can help avoid being on the wrong side of the market.
The BabyPips. com Economic Calendar highlights the important events and economic data that are being released by the countries with the most popularly traded currencies. The number of events scheduled can reach over a hundred on any given week! Trying to sift through so many events can be a pain in the butt. Luckily for you, efcc list on forex trade Economic Calendar makes it easy to identify the efcc list on forex trade importance of each specific event. Different countries may use different names for similar data but we try to point that out in the Economic Calendar.
For example, interest rate decisions may be the main focus during a certain time, while during a different time, it will seem like nobody cares. While the markets react to most economic news from various countries, the biggest movers and most watched news come from the U. Even if its position has been eroded by setbacks, imbalances, and weaknesses, the strength and influence of the US dollar will not be matched anytime soon. The United States still has the largest economy in the world and the U.
This means that the U. news and data important to watch. In addition to inflation reports and central bank speeches, you should also pay attention to geopolitical news such as.
When our economic nerd, Forex Gumpis in a good mood, he usually releases an article on upcoming news reports that you can play and with trade strategies to boot! Also, keep an eye on moves in the stock market. Especially the U.
stock market, efcc list on forex trade. There are times where sentiment in the equity markets will be the precursor to major moves in the currency market. Now that we know which news events make the most moves, our next step is to determine which currency pairs are worth trading. Because news can efcc list on forex trade increased volatility in the forex market and more trading opportunitiesit is important that we trade currencies that are deeply liquid, efcc list on forex trade.
Currencies with deep liquidity have the tightest spreads which are what allows you to keep your transaction costs low. Remember, because they have the most liquidity, majors pairs usually have the tightest spreads. Since spreads widen when news reports come out, it makes sense to stick with those pairs that have the tightest spreads, to begin with. Nobody got anywhere in the world by simply being content. Louis L'amour. Partner Center Find a Broker. Next Lesson 2 Ways to Trade the News.
Forex Trader - Entrepreneur - Trading Floor Manager! 3 Year Life Changing Journey
, time: 22:54EFCC places red flag on bitcoin, forex trading, others - Journalistcom
Apr 26, · The Economic and Financial Crimes Commission has warned Nigerians to be wary of investing in Bitcoin, as the scheme remains a high risk and prone to fraud given its unregulated nature Jun 18, · Interesting facts. EUR/USD is one of the most traded currency pairs in the world. It represents the value of the US dollar per one euro. The euro is a relativity new currency when compared with the other majors, it was established by the provisions in the Maastricht Treaty and is managed by the European Central Bank (ECB) and the Eurosystem (comprised of the central banks of the Before developing a ‘Trade the News” strategy, we have to look at which news events are even worth trading.. You want to be able to answer, “Which news releases should I trade? Forex traders should familiarize themselves with the key event risks that heavily impact the major currencies.. Remember that we are trading the news because of its ability to increase volatility in the short term
No comments:
Post a Comment