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🧵Thread
1. Fundamental analysis: This involves analyzing economic and political factors that may affect the value of a particular currency pair. Factors such as interest rates, inflation rates, and government policies are all considered when making trading decisions.
4. Carry trading: This strategy involves borrowing money in a low-interest-rate currency and investing it in a higher interest-rate currency, making a profit from the interest rate differential.
@PropTradingPros Some traders are reaping handsome profits through ftmo and the5ers, whereas other firms are perceived as attempting to scam traders' funds.
Beautiful trade $QQQ
Closed it a bit too soon but this is what you do when you run a prop firm (always busy 😁)
Other than that, great first entry after the price pulled back. Added more on another pullback to premarket resistance, and one more tier at the break.
@TradeThePool1
Forex trading involves buying and selling currencie in order to profit from exchange rate https://t.co/1ry14VEC17 can high-risk,high-reward activity,and requires careful analysis and risk management.Successful trader often use technical fundamental analysis make informed decision