How to understand the Forex market like a pro

Being a Forex investor doesn’t only mean you will put some money on the counter and in return, you will get profit. You need to do a little more than just exchange your money. That ‘little more’ is engaging in technical analysis. There are millions of Forex participants out there. So, if you think you can make money here without having any competition, then you are wrong. There may be times when you would find a deal very amusing, but someone else might snatch it from you before you even decide to get involved.

That’s why you also need to be tactful enough to survive in this industry. Keep in mind that the rule, ‘Survival of the fittest’ prevails here too. That means that the more skilled you are, the higher your chance is of surviving and making money. But as a novice trader in the Mena region, you might …