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    Thread: Overview WHAT IS THE IMPORTANCE OF CURRENT AFFAIR IN FOREX TRADING ?

    1. #1 Collapse Post
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      Default Overview WHAT IS THE IMPORTANCE OF CURRENT AFFAIR IN FOREX TRADING ?

      CURRENT AFFAIR OF ANY COUNTRY PURLY CHANGES THE SCENARIO OF ECONOMY OF THAT COUNTRY .
      DEFINITELY VALUE OF MONITRY UNIT CHANGES ACCORDING TO SITUATION.


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      Overview WHAT IS THE IMPORTANCE OF CURRENT AFFAIR IN FOREX Trading ? There are things that we need to always take into trading considerable because we cannot automatically ignore them, when we are talking about current affairs we mean news announcements, this is something that we cannot curtail because trading in the Forex market will automatically get affected by current affairs or news announcements, there are people that have experience losses because they did not engage in things that could prevent their account from passing through aggressive distress, hence they expressed their fear in the things that truth are doing, this is something that we need to personally handle.


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      Current affairs have deep effects on forex trading. Technically current affairs is defined as a genre of broadcast journalism where the emphasis is on detailed analysis and discussion of news stories that have recently occurred or are ongoing at the time of broadcast. This differs from regular news broadcasts where the emphasis is on news reports prepared for simple presentation as soon as possible, often with a minimum of analysis. It is also different from the news magazine show format in that the events are discussed immediately. According to the UK's office of communications current affairs is an explanation and analysis of current events and issues, including political or industrial controversy or public policy issues.


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      You are absolutely right and I totally agree with you because what is a good fear is always healthy trading because not set ready is a rule of forex trading that allows us to stay in the sect setting for a long time. And we can get a good profit from it and if our profit target is even a little bit then we can get a good profit little by little but we can run a good business but if we are greedy and If we kept our project target high, the market would not know that it could be reversed at any time. Profits are coming. No one can know Forex trading can change your life.


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      Forex trading mainly i a reflection of the economy of the countries in the world.It is known that there are three factors that influence or affect movement in forex which are technical,fundamental and sentiments.current affairs can be considered to be the combination of the politics and the news concerning the country.Whenever there is an improvement in the economy of the country in question the currency will gain strength and the opportunity will be for the investors to buy the currency .On the other hand whenever the economy gets worse then the currency will lose strength and the time to sell the currency and on and on.One can conclude that current affairs is the heart of the economy and it is very important in the forex trading


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      Trading in the Forex market is available in the sense that people are doing different things we need to understand something regarding this market, we cannot because of losses do things that would automatically make us experience losses, thus making anything without knowing what is happening is absolutely unnecessary, we should always engage in a better environment in the future to ensure that we understand what we are doing, whenever we trade, we cannot leave our accounts anymore because there are unpredictability that we could expect anytime, this is one of best reasons to trade with money management consisting of what we understand. Trading should never have been made possible without discipline.


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      The current affairs of a region deals with what is happening in the region at that present time and who holds a political and economical position. This offices and political happenings has a way it deals with the economy and affects it's functions.
      The economic happenings in a region drives the forex market. When there is a high and a good level of economic activities, it helps to make the economy boom and lead ls to an increase in the value of the currency and the Commodities traded in the region.
      This means that the current affairs affect the countries performance and the monetary policies and the fiscal policies affects the forex market.


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      Current affair has to do with being informed about the events surrounding the development and growth of a country. From the perspective that I see this from, I think this has more to do with the fundamental set up of the market. Keeping abreast with these type of information can help a trader make wise market decisions. From the perspective of a fundamental analyst, these information means a lot and can influence the market movement and the prices of financial instruments. Awareness on the part of the trader on these things are very important and it can put a trader on a better spot in the forex market. This does not guarantee absolute success, but it definitely has a lot to do with achieving success.


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      Currently there are many opportunities that trading can bring for us in the business which means that we need to be cautious because there are different opportunities that we are losing for ourselves, whenever things are happening in any economy, we can check out our forex trading calendar under which we will see whether we can trade teams opportunity or not, many people don't believe that there are things that would make them productive in the forex market which means that there are issues that we cannot avoid because of the opportunity that has come, this is why much more than enough is needed to become profitable, anything that we are doing without necessarily using discipline will automatically bring something we don't want.


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      Current affair of a country for business is very important. It is very important for Forex trading also. If we consider Vietnam and Syria they we can see that economic growth, life style and employment in Vietnam is far better than Syria. Because Syria now is a destroyed country due to war and Vietnam is very peaceful now. So, we can understand that current affairs of a country is a mirror of business and economic growth of that country.

      But, Forex business is not depends on any single country. It is a worldwide business and if whole world situations is bad then Forex trading may affected by this situation otherwise it will go its own way.


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