XAUUSD Live Trading- 8 July, 2024
NFP is approaching this New York session, which is the reason the market consolidating & accumulating liquidity. Let's wait & see which direction market breaks out first.
Chart & Analysis Collected from SureshotFX Youtube Live!
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Throw dragons at me
I'm considering reopening proper onsite FR-currency commissions again for the first time in like. 4 years. To do that I want to have some nice-looking examples to clearly show my style and ability. I'd do my own dragons for this but none of them are really calling to me right now so.
Show me some dragons and I might draw them to use as examples in my shop! No guarantees, I'll be going with the flow and picking out dragons that I think fit what I'm going for well.
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Buying and Selling Currency Pairs
Introduction
Are you intrigued by the world of Forex trading? Buying and selling currency pairs is a fundamental aspect of this exciting financial market. In this article, we'll dive deep into what currency pairs are, how they work, and how you can start trading them effectively.
Understanding Currency Pairs
Major, Minor, and Exotic Pairs
Currency pairs are the foundation of Forex trading. They are divided into three categories: major, minor, and exotic pairs. Major pairs include the most traded currencies, such as EUR/USD and USD/JPY. Minor pairs are less commonly traded, like EUR/GBP. Exotic pairs involve a major currency paired with a currency from an emerging economy, like USD/TRY.
Base and Quote Currency
In every currency pair, the first currency is the base currency, and the second is the quote currency. For example, in EUR/USD, EUR is the base currency, and USD is the quote currency. The value of the base currency is always 1, and the quote currency shows how much of it is needed to buy 1 unit of the base currency.
How Currency Pairs Work
The Concept of Exchange Rates
Exchange rates indicate how much one currency is worth in terms of another. For example, if the EUR/USD exchange rate is 1.10, it means 1 Euro can be exchanged for 1.10 US Dollars.
Bid and Ask Price
The bid price is the highest price a buyer is willing to pay for a currency pair, while the ask price is the lowest price a seller is willing to accept. The difference between these two prices is known as the spread, which is a key component of Forex trading costs.
The Forex Market
What is Forex?
The Foreign Exchange (Forex) market is the largest financial market in the world, with a daily trading volume exceeding $6 trillion. It operates 24 hours a day, five days a week, allowing traders from all over the globe to participate.
Trading Hours and Global Reach
Forex trading is divided into four main sessions: Sydney, Tokyo, London, and New York. This continuous cycle allows for seamless trading as one market closes and another opens, providing opportunities around the clock.
Getting Started with Forex Trading
Choosing a Broker
Selecting a reliable Forex broker is crucial. Look for one that is regulated by a reputable financial authority, offers competitive spreads, and provides a user-friendly trading platform.
Setting Up a Trading Account
Once you've chosen a broker, you'll need to open a trading account. This typically involves providing personal information, verifying your identity, and funding your account with an initial deposit.
CLICK THE LINK BELOW TO LEARN MORE IN DETAIL.
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I think it would be really funny if the Hermits' attempts at breaking Empires' economy end up failing miserably because all those fuckers are too petty to buy from their business rivals despite them having the more efficient farm and just... ignore it all. It'd be even more hilarious if it fails even more because the Emperors only know how to barter and don't know how currency works.
It'd be like a mega-corporation getting its as kicked by the small family-owned business because the people around are still used to paying in eggs and the supermarket over there won't accept their valuable product and only wants dumb inedible pieces of paper instead.
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My stocks are going infinitely up.
go ahead, try and fuck with me.
Go ahead, put anything.
i literally just unlocked quarter of a total million dollar hack in the stock market by exploiting eexperimental Bio-Currency waveforms with my XM-Zwoinker, totally debralcrallifrateied the moneys.
30% Ham going up 21^2%
89% loins
10% ribs
99-1% tender ribs
19 dollars
56% Thighs (chicken)
3198 new Coins in the market, all of them hard.
583,123,094 Soft Coins exited the market.
12 Extra coins have been added to the pool.
Thank you!
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Cryptocurrency Regulation and Its Impact on Forex Trading
Cryptocurrency regulation has become a hot topic in recent years as governments worldwide grapple with the rapid rise of digital currencies. Understanding how these regulations affect the broader financial markets, including forex trading, is crucial for traders and investors.
What is Cryptocurrency Regulation?
Cryptocurrency regulation involves the implementation of laws and guidelines that…
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Top 4 Next Gen Crypto in 2024
Dogeverse (DOGEVERSE)
DOGEVERSE, is like a spin-off of Dogecoin, the meme-based cryptocurrency. It's all about creating a fun and decentralized world where people can play games, trade digital items called NFTs, and use different apps. According to the Capitalix CoinBrain calculator, 1 DOGEVERSE is ₹0.000000116508.
2. Slothana (SLOTH)
Slothana (SLOTH) is a new meme coin based on the Solana blockchain. Slothana launched on May 1, 2024 and has seen a 550% increase since then, with a market cap approaching $100 million.
3. LightLink (LL)
LightLink is an Ethereum Layer 2 blockchain and enterprises offer users instant, gasless transactions. LightLink price today is $0.06597 USD with a 24-hour trading volume of $119902.28 USD.
4. Mocaverse (MOCA)
Mocaverse (MOCA) is an NFT collection. The current price floor of Mocaverse is $8,965.10, with 258.93 ETH sold in a 24-hour period. As of right now, 2,004 distinct owners hold 8,888 NFTs, which have a total market value of $79,681,787.
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