Dubai: When Bernd Skorupinski came to Dubai by way of Germany six years ago, he had no idea he would leave his job to become a fulltime trader. Foreign exchange currency trading, commonly referred to as forex, is a market where banks, businesses, investors and traders come to exchange and speculate on rising or dropping currencies. But to Skorupinski, the appeal to trade came from not only investing in an open market that requires little to feed and leverage, but also investing in himself. According to Abu Hantash, forex trading is more popular in the UAE than ever before, citing the number viet jet ipo brokers that have sprang up.
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The five-minute momo strategy is designed to help forex traders play reversals and stay in the position as prices trend in a new direction. Discover intraday trading techniques that work so you improve your winning rate and trading results. The 5 Types of Forex Trading Strategies That Work. The Basics for building an intraday Forex strategy · Trade highly-liquid currency pairs. · Always use a stop-loss order to limit the risk. · Stay.