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Get maximum profit💰 Join VIP channel
◼️ 1 Month = 120 $
◼️ 3 Months = 240 $
◼️ 6 Months = 480 $ ◼️ 12 Months = 960 $
◼️ Life Time = 1400$
🅿️ Payment Method
🟩 Skrill | Neteller
🟥 BTC | USDT
👉🏻 If you need any help contact 📞@forexvip_9
🟫 Trade Like The Banks With Forex Signals
Here’s an example of a market testing previous swing points (support) in a downtrend, note that as the market comes back to test the old support, the level then behaves as ‘new’ resistance and will very often hold price. It’s wise to look for an entry point into a trend as it comes back and tests these previous swing points (see pin bar sell signal in chart below), because it’s at these levels that the trend is most likely to resume, creating a low-risk / high-reward potential:
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👍Closed trades👌
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👍Closed trades👌
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Forwarded from Forex Signals< Account Management Service>
✔️Today Profits of our Account Management Service
👍Closed trades👌
🏆Forex Signals Team 🏆
👍Closed trades👌
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Forwarded from Forex Signals< Account Management Service>
✔️Today Profits of our Account Management Service
👍Closed trades👌
🏆Forex Signals Team 🏆
👍Closed trades👌
🏆Forex Signals Team 🏆
Forwarded from VIP FOREX
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Non-Farm Employment Change is the actual change in the number of employed people in USA, during the previous month, including the governmental employments, but excluding the farming industry. That is why it is a strong and important news and it shows a very strong impact on the currency market.
”Non-Farm Employment Change” is important for Forex traders, because it makes the market move, and so, Forex traders can take the advantage of the movements to make some money.
Employment is a very important factor reflecting the situation of the economy of a country.
When the number of employed people in a country goes up, it means the economy and industries are doing good and people get hired by the government
and private companies. It means the economy will grow and the country will have a good future. Therefore, people of such a country, as well as the people of the other countries will show more tendency to invest in the country, because they believe their investments will be ended to profit.
To invest in this country, they will have to buy the currency of the country against the other currencies, and so, the value of the currency of the country will go up, because any commodity which is bought more against the other commodities will become more expensive.
When the number of employed people in a country goes down, people of that country and also the other countries will show less tendency to invest in the country, and those who have already invested will get out of the markets. For example, if they have bought properties in that country, they will think that as the economy of the country is not doing good anymore, the price of their properties will go down and they will lose money.
Therefore, they will sell their properties and take their money out of that country. Many of them will sell the money against the other currencies because they want to invest their money in the other countries that are doing good. Selling a commodity against the other commodities will cause the price of that commodity to go down. Therefore, if the employment of a country goes down, usually the value of its currency will go down too.
”Non-Farm Employment Change” is important for Forex traders, because it makes the market move, and so, Forex traders can take the advantage of the movements to make some money.
Employment is a very important factor reflecting the situation of the economy of a country.
When the number of employed people in a country goes up, it means the economy and industries are doing good and people get hired by the government
and private companies. It means the economy will grow and the country will have a good future. Therefore, people of such a country, as well as the people of the other countries will show more tendency to invest in the country, because they believe their investments will be ended to profit.
To invest in this country, they will have to buy the currency of the country against the other currencies, and so, the value of the currency of the country will go up, because any commodity which is bought more against the other commodities will become more expensive.
When the number of employed people in a country goes down, people of that country and also the other countries will show less tendency to invest in the country, and those who have already invested will get out of the markets. For example, if they have bought properties in that country, they will think that as the economy of the country is not doing good anymore, the price of their properties will go down and they will lose money.
Therefore, they will sell their properties and take their money out of that country. Many of them will sell the money against the other currencies because they want to invest their money in the other countries that are doing good. Selling a commodity against the other commodities will cause the price of that commodity to go down. Therefore, if the employment of a country goes down, usually the value of its currency will go down too.