The FX, or foreign exchange market, is one of the world’s most exciting and volatile. It is also one of the most liquid, with a turnover of more than $5 trillion daily, which means there are always plenty of opportunities for traders to make money. However, it is also a very complex market, and knowing when is the best time to buy or sell can be challenging, which is especially true if you are trading on a shorter basis, such as day trading.For those wanting to try this out for themselves, you can check this site here.
What is a strangle strategy?
Many day traders use a popular trading strategy called “strangle,” which involves buying and selling currency pairs at different prices to profit from the price difference.
For example, let’s say that you think the British pound will rise against the US dollar. However, you don’t know when …