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why forex?

  Why trade forex? When traders choose which market to trade, they are looking for optimal trading conditions and the best chance of taking a profit. There are many reasons why millions of traders across the world think that the forex market fits these criteria, but we are going to focus on the top nine benefits of forex trading: Ability to go long or go short While you can go short on other markets by using derivative products, such as CFDs, short selling is an inherent part of trading forex. This is because you are always selling one currency (the quote currency) to buy another (the base currency). The price of a forex pair is how much one unit of the base currency is worth in the quote currency. For example, in the forex pair  GBP/EUR , GBP is the base currency and EUR is the quote currency. If GBP/EUR is trading at 1.12156, then one pound is worth 1.12156 euros. If you think that the pound is going to increase against the euro, you would buy the pair (going l...
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MG BREAKOUT

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click here to know more...  mg breakout indicator This indicator found  price reversals in a zig-zag fashion, using only  donchian channel. It has been specially designed for short-term trading, without repainting or backpainting at all.  mg breakout will help intraday traders not to miss a single price reversal.  Deciding which breakouts to trade and which to ignore depends on the good judgement of the trader .you can use it on any pairs and any time frame and good for scalpingmg breakout work best on M30 and higher time frameyou should use this indicator for your  own strategy
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