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Appreciation of exchange rate.


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Related to current accounts and balance of payments, the terms of trade are the ratio of export prices to import prices. A country’s terms trade improves if its exports prices rise at a greater rate than its imports prices. This results in higher revenue, which causes a higher demand for the country’s currency and an increase in its currency’s value. This results in appreciation of exchange rate. No matter what affect currency rates because I am trading with TryMarkets and trading with profits.

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Forex is a financial market, and financial market is a mechanism that allows people to easily buy and sell or trade market instruments. I am trading with the regulated broker called AGEA. I always have a trading plan to succeed. Remembering, a trading plan should consist of a position, why I enter, stop loss point, profit taking level, plus a sound money management strategy. And this good plan removes all the emotions from my trades.

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