However, there are many ways to take when it comes to your money’s well being. Regulatory bodies play a huge part in Forex trading and the safety of each investor, and one of the ways they ensure this is with investor compensation schemes.
Since it is of your best interest to keep your investment secure, you are about to learn all you need about them.
So, there are different types of technical charts with different purposes, such as tic or tick charts, line charts, bar charts, and charts of points and figures.
On this occasion, we will discuss what is a Tick chart, what makes it different from the other types of charts, how they operate, and what their advantages and disadvantages are compared to other technical indicators.
Thus, there are different types of technical indicators with different results in practice. In this occasion, we will show you the repainting indicators and the non-repainting indicators, their differences and which of them has a better chance of helping you to guess in a prediction.
Today, you can go on with your life without missing out on all the advantages of a trading career thanks to expert advisors (EAs) and the automatization of the industry.
Below, you will find the steps to create your own MT4 trading bot!
When you want to start trading, you need to learn to identify when a trend is occurring.
Your ability to predict or recognize when an uptrend or downtrend is actually occurring will inevitably dictate how successful your trading career is going to be.
However, if you still don’t know how to do this, you needn’t fret, for I am here to illustrate just that!
What’s A Trendline?
A trendline is a simple line drawn through a point of the candlesticks, be it the top, bottom or middle of the candle. It’s as simple as that.
Trendlines are one of the most important tools of technical analysis as they the basis for many other technical trading concepts and patterns. In fact, nearly all technical traders use trendlines, even if they’re not visually representing it, and most do so subconsciously.
A trendline is drawn between two or more points on a chart. The direction of this line accurately illustrates the direction of the trend in the majority of cases across all the different markets whether it’s Forex, stocks, cryptocurrencies or other assets.
In the Forex world, there are many resources to read and learn from, but for many, it seems that is an overlooked or avoided area.
Traders expect to find the best Forex trading book, which wouldn’t be a bad idea, one book that provides everything you need such as strategies, ideas, or what should you focus on in Forex trading.
Trading requires talent - it isn’t just numbers, charts, ratios, and patterns - but more than talent, trading will require skills which will grow on with enough practice, discipline and continued education that will lead you only forward in your Forex trading journey.
Some of the things that can influence your decision making would be human fear and greed, which are things that can’t be felt by Forex robots, they are constantly making unbiased trade decisions, making an easier and faster path for users to reach their trading goals.
Now that you know all the benefits of using a trading robot, why wouldn’t you be interested in having one?
Or even better, you have the possibility of creating your own bot, suited to your trading style and expectations!
Read on if you want to learn more!
Today, we are going to discuss some core principles of Forex Trading that will help you how to get going in this business.
First, let’s see some commonly-used words in trading:
If you are just starting out in this business - or even if you have been doing it for some time but you do not get good results - here we are going to explain the Forex strategies that you should know, learn, and implement from today.
These strategies are proven effective and profitable as long as we learn to apply them systematically. We will show you 5 strategies, analyse each of them, choose the one that most catches your attention, study it in depth, and put it into practice.
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.
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