What is a POI (Point of Interest) in Forex, and how to use them.

POI's or Points of Interest cause a lot of confusion in forex trading and this is why: People tend to use them as signal areas for trading where they MUST get involved...

This is wrong - they are areas of INTEREST only! You are to wait for a price REACTION from these areas to confirm your bias and greatly reduce your loss rate.

There are several ways to identify a solid POI to set pending orders from within the FTR Community below.

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DISCLAIMER
I am not a registered financial adviser and hold no formal qualifications to give financial advice. Everything that is provided in this video is purely for educational purposes only. All information here should be independently verified, researched, and confirmed.
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex Market, you should carefully consider your investment objectives, level of experience, and appetite for risk. Most importantly, do not invest money you cannot afford to lose.