The most prominent indicators that you should consider and follow up on

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This is simply because the stop loss order moves whenever the price moves a certain number of points in the expected direction of the current deal, and its purpose is essentially to reduce losses as much as possible while leaving an opportunity to achieve more profits on the other side. A trailing stop-loss order is often placed below the current market price for long positions and vice versa for short positions.

Fundamental analysis is a method of studying financial markets to predict price movement and Phone Number Data market direction in general, and it is one of the aspects of learning Forex. This is done by analyzing many factors that affect the value of currencies, such as the state of the economy, interest rates, domestic product, and other factors. For the Forex trader, knowing these details will not only help you avoid trading in currencies that could decline in the future. It also gives you an advantage over many traders in the markets you work in, so it is very important to know it while learning Forex. You cannot rely on a single economic factor or indicator to judge a financial market. Rather, you must look at the bigger picture in order to correctly anticipate market movement.



Inflation: It is an indicator that shows the rate at which the prices of services and goods rise in a country. That is, it means the increase in the price of the good without any change in its value. In order to avoid inflation, central banks raise interest rates in order to increase the value of their currency, and they do the opposite when deflation occurs, in which goods become cheaper and the value of money increases. 2. Interest rates: They are one of the most important factors affecting the direction of currencies, and are simply the cost that the lender places on the borrower in the borrowing process. It can be considered as compensation for the risk taken by the lender that the borrower will not repay, and is often determined by the central bank based on economic conditions and its monetary policy.