ECONOMICS
FOREIGN CURRENCY MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Charts:H1-H4
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Trade Duration:Less Than a week
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Target:10-20 pips per day
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None of the above
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Detailed explanation-1: -Depending on the currency pair, the profit potential per trade for swing traders can range from 50 pips to 150 pips or more. With trades having profits as high as the daily volatility, it is normal for these trades to take more than a day to exit. Most swing trading strategies use indicators to pinpoint entries.
Detailed explanation-2: -Types of traders include the fundamental trader, noise trader, and market timer. Each type of trader appeals to investors differently and is based on varying strategies. Understanding your own style of trading can help make better-investing decisions.
Detailed explanation-3: -The Scalper. The Day Trader. The Swing Trader. The Position Trader.
Detailed explanation-4: -Fundamental trader. Technical trader. Noise trader. Sentiment trader. Swing trader. Contrarian traders. Market timer. Arbitrage trader. More items •26-Jan-2023