Being a Forex trader doesn’t mean you’re automatically a “know it all” when it comes to the Forex industry, and to trading concepts. So, to help traders gain the necessary information that helps them trade more effectively in the Forex market, I’m going to suggest some of the top and most recommended sources. These sites are not only for beginner traders but seasoned traders will also find the information extremely helpful.
When it comes to trading FOREX, one of the most important things to know is what causes a currency to rise or fall. Knowing this, along with having a rough idea of what a news announcement will say is one of the best ways to make profits. This is one of Shawn Lucas’ favorite ways to trade: scalp the news and catch the movements early on. So, what all in all constitutes some of the biggest strengthening, or weakening, movements in the U.S. Dollar, along with other world currencies.
Back in 1921, the Soviet economy was failing. Hardships from internal and external war was running a toll on all aspects of the economy. Vladimir Lenin proposed a plan 98 years ago today, called the “New Economic Policy” (NEP). This was proposed near the end of the Russian Revolution where the leading Bolshevik party was running the country on the economic principal of “war communism”, or basically, anything that was more than the bare minimum for citizens was to be given to the government for the war. This War Communism was not an exceptionally popular economic method and when the New Economic Policy was proposed, it was widely more popular, especially with the farming towns in the South.