Jul 05 2022 at 06:05
Geopolitical crises have affected the whole market adversely. Though inflation and deflation are the attributes of the forex market, this time the situation has worsened. It will take time to get back to normal, till then I’d wait.
Jul 05 2022 at 07:49
Oh geopolitacal situation is changing too fast now. Conflicts, wars, etc. Now many traders do not feel safe. Since the threat can now come from anywhere.
And what about trade? Now many traders should reconsider their strategy. As for me, the geopolitical situation greatly affects the market as a whole. And the situation is changing so quickly that it is difficult to predict the movement of the market for more than a couple of days.
So right now I would prefer only intraday trading. And don't forget to set SL and TP.
And what about trade? Now many traders should reconsider their strategy. As for me, the geopolitical situation greatly affects the market as a whole. And the situation is changing so quickly that it is difficult to predict the movement of the market for more than a couple of days.
So right now I would prefer only intraday trading. And don't forget to set SL and TP.
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