(Canada) Corporation ULC is regulated by the Investment Industry Regulatory Organization of Canada (iiroc which includes iiroc's online advisor check database ( iiroc AdvisorReport and customer accounts are protected by the Canadian Investor Protection Fund within specified limits. It is authorised and regulated by the Financial Conduct Authority, No: 542574. Even if you truly believe that the dollar is going to go up, but everyone else is bearish on it, theres nothing much you can do about it (unless youre one of the GSs. Analyze your portfolio exposure and risk. Learn more, correlation Table, compare how currency pairs have moved relative to each other. This is why sentiment analysis is important.
The problem is that as retail traders, no matter how strongly you feel about a certain trade, you cant move the forex markets in your favor. Each trader has his or her own opinion of why the market is acting the way it does and whether to trade in the same direction of the market or against. Open a live account, trading involves significant risk of loss. Try a demo account, apply for a live account now and you could be trading in minutes. Later on in school, well teach you how to analyze currency market sentiment and use it to your advantage, like Jedi cbs evening news bitcoin mind tricks.