Some time ago the world economic crisis started. Life of people became difficult, incomes decreased and the state of affairs changed. In many countries unemployment increased and manufacturing volumes decreased. Nearly all the countries have started anti crisis policy on both, local and international levels but the victory seems to be far away from the present moment. Meanwhile the Forex market remains the same.
Recently different countries pour money into their economics from time to time. With those pouring the state tries to support the banking sector. Meanwhile such kind of support influences price fluctuations on the currency market providing a trader with good opportunity to increase his income. The most important thing for a trader is to be attentive and disciplined in order to avoid big losses during periods of sharp changes in currency rates.
There is also an additional force that lives up the market. It is the panic reaction of participants. This force has a great impact on the market atmosphere, state of affairs and development of current situations.
Thereby, crisis period is not the time of empty pockets but the time of possibilities to gain profit. It is natural as changes including collapses of currencies may be also profitable foe a wise trader.For those who prefer long-term trading fluctuation of 100-150 points don’t make any bother. Those ones who trade during a session try to compensate the differences by considerable amount of deals.
Of course if one wins the other loses that’s why it is important to be ready for the price to go both directions even if there are some certain forecasts have been done. One can do nothing with it, it is life and it changes but who said that Fortune won’t smile on you?
