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When to buy and sell in Forex?

Brian Connor


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Hello, thank you for asking! 

There are various strategies employed by Forex traders when it comes to buying and selling currency pairs. Traders usually pay attention to certain events in the outside world, such as political events (government instability, corruption, and changes in government), economic policy, unemployment figures, GDP, monetary and fiscal policies, etc., and of course technical analysis.

Another very important thing is risk management, especially when the volatility in Forex currency pairs is high, traders utilize strategies that will prevent them from incurring heavy losses. Traders use all technical support available, keep close track of political and economic events, which ultimately dictate the price changes in Forex. 

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