Most forex traders want to stay active throughout the year, even as market conditions change. Whether you’re facing a bull market or a bear market, forex trading opportunities are out there for individuals who are willing to do the research and adapt their strategies.
The key to trading in any market is understanding the factors affecting price movements. Although uncertainty in market conditions is risky territory for any trader, volatility is a profit opportunity if you have the right tools at your disposal.
Here’s a look at some basic steps you can take to adjust your trading strategy based on changing market conditions.
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