Learn how to intraday trade in Forex | Free Forex Courses

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Learn How To Intraday Trade In Forex

• Platinum Trading Institute

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Learn how to intraday trade in Forex

• The forex market keeps fluctuating as a result of
  market developments as well as ups and downs
  around the globe.
• Thats exactly why traders must create a strategy
  when it comes to investing in forex and other
  assets. However, while some traders prefer the
  long term Intraday Trading Strategies, others
  rely on short term trading techniques such as the
  intraday trading.

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What is Intraday trading?

• Intraday trading is about opening and closing
  trades in a single or same day.
• As far as forex intraday trading is concerned,
  traders have the option of trying out different
  techniques such as scalping, trend trading, swing
  trading as well as trading on the basis of the
  latest market news or development.
• For instance, if you have purchase EUR/USD at the
  existing exchange rate when the market opens,
  then you must sell the pair before the market
  closes.
• Traders basically stick to the transaction volume
  in order to earn substantial profits.
• A good number of traders focus on event based
  intraday trading.

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Why Intraday Trade?

• Some traders prefer intraday trading is because
  they dont believe in carrying their trade
  positions into the next day.
• Intraday forex trading charges are not very high.
• Intraday trading offers higher margins.

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