Video Agenda:
00:00 INTRO
00:17 Today's key events: HCOB Germany Services PMI, HCOB Eurozone Composite PMI, SNB Board Member Jordan Speaks, FOMC Member Williams Speaks
01:19 EUR/USD
04:54 GBP/USD
06:44 USD/JPY
08:56 BTC/USD
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Important:
The begginers in forex trading need to be very careful when making decisions about entering the market. Before the release of important reports, it is best to stay out of the market to avoid being caught in sharp market fluctuations due to increased volatility. If you decide to trade during the news release, then always place stop orders to minimize losses.
Without placing stop orders, you can very quickly lose your entire deposit, especially if you do not use money management and trade large volumes. For successful trading, you need to have a clear trading plan and stay focues and disciplined. Spontaneous trading decision based on the current market situation is an inherently losing strategy for a scalper or daytrader.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaTrade analytical reviews will make you fully aware of market trends! Being an InstaTrade client, you are provided with a large number of free services for efficient trading.
