control your emotions and stay focused

yet these theories falter as they are based on challengeable assumptions [e.g., free flow of goods, services and capital] which seldom hold true in the real world.
Balance of payments model: This model, however, focuses largely on tradable goods and

Asset market model: views currencies as an important asset class for constructing investment portfolios. Assets prices are influenced mostly by people's willingness to hold the existing quantities of assets, which in turn depends on their expectations on the future

friend forex aik risky busines gay iss may lamha ba lamha situation change hoti hay ,jiss may hamuin trade kar na hoti hay ,iss lia trader ager greed or emotion sa bach k trade karay to wo losses sa batch sakta hay

Supply and demand for any given currency, and thus its value, are not influenced by any single element, but rather by several. These elements generally fall into three categories: economic factors, political conditions

Basic knowledge is requirement of any business.Let take an example from your own life,when you were a child you are just ask to learn a few things,after the passage of time you started to get new and relatively difficult things.So,at that time you were learning the basics of your life the purpose of your life.

None of the models developed so far succeed to explain exchange rates and volatility in the longer time frames. For shorter time frames (less than a few days) algorithms can be devised to predict prices. It is understood from the above models

Economic factors[edit]
These include: (a) economic policy, disseminated by government agencies and central banks, (b) economic conditions, generally revealed through economic reports, and other economic indicators.

Economic policy comprises government fiscal policy (budget/spending practices) and monetary policy (the means by which a government's central bank influences the supply and "cost" of money, which is reflected by the level of interest

Government budget deficits or surpluses: The market usually reacts negatively to widening government budget deficits, and positively to narrowing budget deficits. The impact is reflected in the value of a country's currency.

Balance of trade levels and trends: The trade flow between countries illustrates the demand for goods and services, which in turn indicates demand for a country's currency to conduct trade. Surpluses and deficits in trade of goods and services

han bilkul theek baat hai agar hum apne emotions par qaboo rakhen aur apne daily targets ko focus karen to hum will be tarhan ek ache trader ban sakte hen aur ek aur baat yeh ke hum 1st stage se hi kisi se seekh ke chalen get humen shuroo men hi nuqsaan na ho jaye

given time as foreign exchange.[72]
and market psychology.rates).reflect the competitiveness of a nation's economy. For example, trade deficits may have a negative

the world at any impact on a nation's currency.
Inflation levels and trends: Typically a currency will lose value if there is a high level of inflation in the country or if inflation levels are perceived to be rising. This is because inflation erodes purchasing

rates to combat rising inflation.
Economic growth and health: Reports such as GDP, employment levels, retail sales, capacity utilization and others, detail the levels of a country's economic growth and health. Generally

economy should positively influence the value of its currency. Its effects are more prominent if the increase is in the traded sector.[73]
Political conditions[edit]