1. London is the heart of the forex market with more than 300 major dealing houses and 35% percent of average daily volume.
2. Almost everybody who has traded forex has faced an MC at least one.
3. Most traders feel dejected by a series of losing trades become stubborn and try to fight the market, often placing no stops or removing the ones already in place.
4. While pound is the “streakiest” currency out there, the euro is the steadiest.
5. The Fib ratios represent about two-thirds of the total value of the move.
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5 Quick Forex Facts
1. London is the heart of the forex market with more than 300 major dealing houses and 35% percent of average daily volume.
2. Almost everybody who has traded forex has faced an MC at least one.
3. Most traders feel dejected by a series of losing trades become stubborn and try to fight the market, often placing no stops or removing the ones already in place.
4. While pound is the “streakiest” currency out there, the euro is the steadiest.
5. The Fib ratios represent about two-thirds of the total value of the move.
2. Almost everybody who has traded forex has faced an MC at least one.
3. Most traders feel dejected by a series of losing trades become stubborn and try to fight the market, often placing no stops or removing the ones already in place.
4. While pound is the “streakiest” currency out there, the euro is the steadiest.
5. The Fib ratios represent about two-thirds of the total value of the move.
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