Discover what Forex Trading Robots are, how they work, and if they really make you earn easy money.
Transactions have a deadline, jobs are fast-paced, and financial accounts must be managed with regulation. However, traders do not always have the similar approach to a number of comprehensive skills, like personal finances or portfolio management, but do not worry, there are some others alternatives for FOREX traders in order to improve their efficiency and comprehension in the fields.
There is a huge amount of articles, video tutorials, guides and, of course, books that help to understand the functioning of the Forex Market, as well as teaching you how to act in relation to each situation.
Read on, to discover what could be your next Forex book for beginners, or your next source of knowledge on the inner workings of the largest market in the world today.
2018 was a year that bewildered traders and investors, in many ways defying the widespread expectations regarding where markets will move and, in the end leaving them without profits.
2019 starts with a sour taste as risk aversion dominates rather than risk appetite, as was the case at this time last year. Risk-off assets have risen in the past several weeks while risk-on assets have sold off across the board. The fallout in the stock market has subsequently affected currencies with the safe haven JPY outperforming risky currencies.
Below, we look at the top 3 major currencies and currency pairs and the fundamental and technical factors that could affect them in 2019.
Dear readers and traders,
With the holiday season and the end of the year approaching, we wanted to say a huge thank you to all our loyal readers and supporters!
We have also launched premium newsletters for Forex traders and stock investors to guide them to safer investments in what are rather often unpredictable and uncertain markets. Indeed, 2018 will be remembered as the year that started on a highly optimistic note driven by synchronized global growth but is set to end on a synchronized global slowdown and pessimism.
Thanks to the recent consulting related to the sale of derivative products to retail customers and traders, the Financial Conduct Authority (FCA) plans to implement similar measures now, while it is intending to extend such limitation so they include also products that can be easily substituted to a certain extent.
The reason for such extension of existing limits is the revelation of serious risks for the clients who trade at retail markets.
FOREX trading is like one of those roleplaying games where you need to keep leveling up and upgrading your character.
If you feel that sounds good, then read on, we have something to tell you!
The purple broker - Purple Trading – is trying to bring completely new and unique innovations to our “modern” world of finance for some time already. Primarily, we had a vision in Purple Trading to develop technologies and services in general that will make the life of people and traders all around the world easier. And we could see later, it was successful.
With regard to the fact that also thanks to you, our clients, we are still growing as a company, we would like to stick to our values even more, including e.g. freedom, fair attitude or friendship. Therefore, we have joined a completely new and unique project, the “purple foundation” which aim is to provide help to those, who missed that much luck in their life as others.
And as we do not only speak, but do real things - this idea did not stay only in paper, but we are part of the Purple Foundation in fact. This allowed us to support organisations performing meaningful work and supporting those who faced uneasy situations in their life.
However, the main issue for these new traders is actually getting through that skill level filter, so in this article, we’re going to illustrate what you need to pay attention to so you can blast through it in no time!
Currencies do not deliver returns in the form of interest payments or dividends like equities do. These instead merely wage that the value of an asset will rise or fall compared to another.
So, rather than investing in currencies as a means of hedging risk, the foreign exchange traders act more as speculators in the market than investors.
That might be the case, or maybe you're just looking for a better forex signal provider than your previous one.
It doesn't matter which one is your case because both need something, trading signals to improve your results and help you place better trades.
It’s been already couple of years the United States changed its trade policy. At first, the new trade approach of this world power was focused against Russia, China and countries belonging to the ASEAN (Association of Southeast Asian Nations). However, the time has shown that appetite comes with eating. At the end, U.S. focused its trade practice against the EU when it adopted import tariffs on European steel and aluminium at the first half of 2018.
But now it really looks like that the U.S. has supported its economy and therefore, the U.S. dollar is constantly strengthening since the beginning of 2018.
The concept has its own tools and steps for being successful at it, but you needn’t worry since that’s exactly why we’re here today, to teach you what you need to do just that
That’s why we’ve gathered the best courses for those who wish to take upon this trading style.
It’s more than a month the stock markets were overwhelmed by real panic. For example, when taking a look at the S&P500 index development, it could look that the best actual solution is the protection of capital so the sale of asset. However, in case of S&P500 history tells us that selling the asset does not have to be the best idea, in particular for the long-term investors.
From the chart below, it’s evident that those hot-headed traders (in the even of economic crisis in 2007), who were selling under the pressure of panic that time, often suffered significant losses. On the other hand, those who remained confident about “more optimistic days” got out of their losses by 2013.
Traders have to make use of indicators in order to use proper strategies and make successful trades in the market; these indicators are statistical tools that let them make critical decisions about the heading direction of a currency pair.
For those who look for specific things, some apps will suit them the best, like receiving signals on their phone or letting you copy the alerts with one click, or perhaps something more automatic; every user has their own taste on signals, and this list will cover as much as you can see.
Russian gold reserves and their increase
It’s estimated that the total amount of Russia’s gold reserves is almost 2,000 metric tonnes and the values of these reserves is therefore around $76 billion. Thus, Russia is the 5th world country when it comes to gold reserves (countries having higher reserves are the U.S. with “8,133 tons,” Germany with “3,370 tons,” Italy with “2,451 tons and France with “2,436 tons).
If you want to truly succeed at this, you must be willing to sacrifice some things and you must be willing to do what it takes to master the skill of forex trading.
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