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Random article: Trading from Home: advantages of Forex
The Forex market has many advantages and today it is the largest financial market in the world. Million of traders all over the world choose the foreign currency market due to the opportunities it gives. For people who want to work from home, currency trading is the best choice and we are going to explain why. High liquidity. Forex operates with enormous money funds, therefore, a trader has 24 hours’ opportunity to open or close position of almost any volume at the current price. Forex daily returns on average amounts to more than 3 trillion Us dollars (according to the Bank for International Settlements). And these volumes continue to grow. Easy to access. Due to electronic trading technologies, almost everyone can trade on the Forex market if he or she has the Internet access. You can make trades easily now: trading from home, a cafe, an airport, a taxi or a hotel is an ordinary thing.
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Popular article: Fibonacci Retracement in Forex
Technical levels are one of the crucial elements of technical analysis on the Forex market. Technical levels represent a certain value approaching which the price faces resistance in further movement. On the chart it is pictured as zone (level), where price went and bounced off later, repeated its movement to the level again and without being able to pass it bounced off. Such approaching and returns can take place on a repeated basis and the more efforts are made, the stronger price level we have.
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Forex encyclopedia
Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
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