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Nairaland Forum / Nairaland / General / Business / News Fading Forex Trading Strategy (103 Views)
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News Fading Forex Trading Strategy by AmeLonRo(m): 4:11pm On Jan 25, 2021 |
https://www.youtube.com/watch?v=fwTu_I8Pmdw Forex is the buying and selling of currencies online. Its different from the mallam selling dollars and buying dollars from you and to you. The mallam is offline but in the forex am talking about it is onlne. When a news item is released. Prices moves up or down. Fifteen minutes after the news, simply trade in opposite direction to the movement. The news will fade and price will return before it does anything else. This happens 70 to 80 % of the time. Try it and drop your comments below. |
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