Do you know?

How do you know which currencies will rise and which will fall?

Over the years, forex traders have developed several methods for figuring out how far currencies will go.

Fundamental Analysis: Since currencies trade in a market, you can look at supply and demand. This is
called fundamental analysis. Interest rates, economic growth, employment, inflation, and political risk
are all factors that can affect supply and demand for currencies.

Technical Analysis: Price charts tell many stories and most forex traders depend on them in making
their trading decisions. Charts can point out trends and important price points where traders can enter
or exit the market, if you know how to read them.

Money Management: An essential part of trading. All traders need to know how to measure their
potential risks and rewards and use this to judge entries, exits, and trade size.