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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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Forex strategy ema

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Forex: 20 Period Moving Average SECRETS (STEAL MY 20 period EMA Strategy)

The EMA is very popular in forex trading, so much that it is often the basis of a trading strategy. A common forex trading strategy that uses EMAs relies on. This moving average trading strategy uses the EMA, because this type of average is designed to respond quickly to price changes. Here are the strategy steps. Enter exponential moving averages (EMA), which also calculate a market's average price but gives far more weight to the most recent price changes and less.