You need to lean how to position your stop loss in relation to the market activity. Placing arbitrary stops is not a good idea. Many traders incorrectly choose a stop so their loss is the same amount each time they are stopped out. Dont pick an arbitrary place to put your stop loss.
But by doing this they are completely disregarding the meaningful market support and resistance levels ...
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What are the factors that influence the market sentiment? Interest rates play a major role affecting the supply and demand of currencies. Trends in interest rates are one of the most significant factors influencing market sentiment.
Every currency in the world has an interest rate attached to it. These interest rates are decided by the respective central banks. FED determines the ...
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