praticies forex

I think if new comers can earn some thing little in account then wasting more time in demo wouldn't worth, also we have to arrange some deposit to trade, though learning with earning is far better, because we can't trade without money in live account so our practice in cent account can generate some deposit for future live trades. so keep practicing and this will make you a perfect trader

praticies forex

make money with forex

Of course everyone can Earn a lot of profits from Forex trading because this business platform is always open for all and there is no restriction to join here. But this does not mean that any one can easily make money in Forex.

The statistics says almost 90% traders can not make any profits in Forex and they lose their trading balance here. This is the reality and it happens because Forex business is the platform for expert and skilled traders. To make myself technically skilled and experienced, I tried different things on different times.

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make money with forex

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Exness- EURUSD: growth against the background of growing retail sales in Germany

Buy on a level breakthrough of 1.1130 with 1.1187 target. Stop loss = 1.1080.



Reason for the trading strategy

The retail sales in Germany rose by 0.9% (m/m) in May, with a forecast of 0.7% (m/m). The value of the index for April was revised upwards, from -0.9% (m/m) to -0.3% (m/m). The statistics indicate an increase in consumer activity of the Eurozone's largest economy. In the short term, the exchange rate of the euro may be adjusted to the level of 1.1187.

Exness- EURUSD: growth against the background of growing retail sales in Germany

Exness-GBPUSD: consolidation before publication of the UK GDP

Buy on a level breakthrough of 1.3532 with 1.3696 target. Stop loss = 1.3472.


Reason for the trading strategy

Today, it is worth paying attention to the publication of the final evaluation of the UK GDP for Q1 2016. If it is revised from 0.4% (q/q) to 0.5% (q/q), it will create the background for the pound testing the level of $ 1.3532.

Exness-GBPUSD: consolidation before publication of the UK GDP

Exness-EURJPY: growth before publication of the inflation statistics in the Eurozon

Buy on a level breakthrough of 114.57 with 115.50 target. Stop loss = 114.07.


Reason for the trading strategy

Expectations of an increase of consumer price inflation in the Eurozone from -0.1% (y/y) to 0% (y/y) in June support the euro cross rates. A likely increase in the inflationary pressures will be due to the increase in energy prices in the Eurozone.

Exness-EURJPY: growth before publication of the inflation statistics in the Eurozon

Exness - USDCHF: consolidation below the level of 0.9836

Buy on a level breakthrough of 0.9836 with 0.9955 target. Stop loss = 0.9770.


Reason for the trading strategy

The KOF Swiss economic barometer rose from 101.8 p. to 102.4 p. in June, with a forecast of 103.2 p. However, the value of the index for May was revised downwards, from 102.9 p. to 101.8 p. The statistics indicate an unstable recovery of business activity in the country. The USDCHF pair may test the level of 0.9955 in the medium term

Exness - USDCHF: consolidation below the level of 0.9836