Discussion of Forex Trading and Currency Trading

why does forex trader buy’s on high and sells on low in contrary to the normal trading process?

FOREXe.g : when EUR/USD= 0.9340 Trader x wants to either buy 500′000 at 0.9395 over the resistance level in anticipation of a breakout or initiate a selling position if the price falls to 0.9300.
NORMAL TRADE e.g: when gold or real currency costs 1000$ in the market in order to make profit i buy on the low @990 then sell it on high @1010 that implies that i earned 20$

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5 Responses to “why does forex trader buy’s on high and sells on low in contrary to the normal trading process?”

  1. Nope, doesn’t work that way.

    You will have to clarify. Be more specific.

  2. That is not the case traders use momentum, breakout and range strategies when technical trading.

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