A friend of mine is looking to change MYR to THB and it has to be done before 22March19.
So what I did, I pull out the Daily Chart and analyse, the rate now is at 7.81THB is perhaps 1 of the better rates in the month of March, well, it may touch 7.87THB risk of it sliding to 7.73THB or even 7.61THB is great.
In exchange for a better exchange rate of 0.06THB and risking it to 0.08THB or even 0.20THB against your favour what will you choose?
Well, Forex Trading is not gambling, is through Technical and at times Fundamental Analysis in analysing the most probably move in the market.
Is both a skill and an art.
Let's see how the market roll out.
So what I did, I pull out the Daily Chart and analyse, the rate now is at 7.81THB is perhaps 1 of the better rates in the month of March, well, it may touch 7.87THB risk of it sliding to 7.73THB or even 7.61THB is great.
In exchange for a better exchange rate of 0.06THB and risking it to 0.08THB or even 0.20THB against your favour what will you choose?
Well, Forex Trading is not gambling, is through Technical and at times Fundamental Analysis in analysing the most probably move in the market.
Is both a skill and an art.
Let's see how the market roll out.
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Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
www.tiktok.com/@raynlim