In a big country such as USA, China, Canada, Turkey etc… Unemployment rate is a unique indicator for economy. When a person becomes unemployed, he/she can not survive his/her life easily. He/She needs money to continue his/her life. In big countries, when a person falls like a this situation, the goverment helps him for some months. While the goverment helps him, he tries to find a new job. Yeah at this time if a person is unemployee for a month, it will not be a problem. However, what will happen if he does not find any jobs for a long time?
The goverments always need someone to make a new business. Because some of people will be a worker in this new business. For a good improvment in economy, everybody needs to work. Getting a huge education then staying at home is really bad for the person and his country!
If the unemployment rate is published as waited, there will be no big problem in currency. If it is published too high, the rate can be go down. Also, unemployment situation can not be solved in a short time. Thus, be aware of the currencies of countries which have high unemployment rate that expected. The goverments always need someone to make a new business. Because some of people will be a worker in this new business. For a good improvment in economy, everybody needs to work. Getting a huge education then staying at home is really bad for the person and his country!
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Wednesday, February 10th, 2010 at 3:53 am
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- Trade with the trend.
- Do NOT Forget ” Stop Losses ”
- This is very important, no emotions in trading
- First try Forex with a demo account
- Do your research before entering a position
- Choose the right day to trade I hope, it helps.
I hope you find it useful.
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