Political Instability A Big Risk !

Discussion in 'General Trading Discussion' started by TraderAnalyst, Nov 16, 2019.

  1. TraderAnalyst

    TraderAnalyst Senior Investor

    Joined:
    Apr 2019
    Posts:
    104
    Likes Received:
    0
    Forex is popular all round the world. Forex traders get busy making deals everywhere but many a times they forget that political condition of a country can play a crucial role in trading and the sudden change in govt can affect the exchange price of the place. This can give birth to high volatility and traders can lose big time. This is it is advisable for the forex traders to follow the political situation of a country and be prepared for the change.
     
  2. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,607
    Likes Received:
    20
    Again I totally agree but how comes markets are taking Donald Trump's potential impreachment in their stride?
     
  3. tradermuslim

    tradermuslim Active Member

    Joined:
    Dec 2018
    Posts:
    34
    Likes Received:
    0
    To take advantage of these facts, one must use the economic calendar to determine what is relevant and can affect the market.
     
  4. Chartman

    Chartman Senior Investor

    Joined:
    Sep 2017
    Posts:
    583
    Likes Received:
    8
    Does anyone really think Trump will be impeached?
     
  5. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,607
    Likes Received:
    20
    Its looks like there is a fair chance he might be impeached. However, would he jump before he was pushed?
     

Share This Page