Spread

The trading spreads can affect the result of our trading with certainly, that’s why when choosing a broker we have to ensure the flexible trading spreads for leading a comfortable trading life with certainly, from my first day of trading I have been using LQDFX because of their flexible trading spreads from 0 pips which is very supportive to predict the real faction of this market with certainly when use ay kinds of trading techniques...

Read more ...

Bitcoin Long-term Price Analysis

BTCUSD Long-term Trend – Bearish Distribution territories: $11,000.00, $12,000.00, $13,000.00. Accumulation territories: $6,000.00, $5,000.00, $4,000.00. Bitcoin has been continuously witnessing a downward slide against the US dollar this week. The last time that the pair made a slight high was on May 20. The bears have had a greater advantage on the market over the bulls over the past few weeks. The major critical territory...

Read more ...

Weekly Trading Forecasts for Major Pairs (May 28 – June 1, 2018)

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish There is a very strong Bearish Confirmation Pattern on EURUSD. Price went southwards by 100 pips last week (it has gone south by almost 750 pips since April 19). The line at 1.1650 has been tested and breached to the downside, slightly. This week, further bearish movement is a possibility, and the support lines at 1.1600 and 1.1550 can be reached as well....

Read more ...

USD/JPY has broken channel support and a close below 110.00

The Japanese Yen (JPY) is benefiting from risk-off sentiment today with the USD/JPY pair plunging below the 110.00 level. A number of factors are combining to trigger the move including geopolitical tensions in Iran, trade war rhetoric between US and China, political turmoil in Italy, and renewed concerns over North Korea. The US 10-year...

Read more ...

Currencies Slips On Trump Comment Over China

The Canadian dollar has posted considerable losses in the Wednesday session. Currently, canadian dollar to usd is trading at 1.2906, up 0.68% on the day. On the release front, there are no Canadian releases on the schedule. In the US, the key event is the Federal Reserve minutes from the May policy meeting. On Thursday, the US will release unemployment claims and Existing Home Sales. On Tuesday, US President Donald Trump sounded...

Read more ...

Mexican peso recovers strength after a weak start

Mexican peso recovers strength after a weak start.. USD/MXN traded above 20.00 for the first time in 14 months before retreating The Mexican peso managed to erase daily losses after falling to the lowest level since February 2017 against the US Dollar. USD/MXN rose to 20.03 earlier today but it was rejected from above 20.00 and pulled back. It continued to correct lower during the American session and recently printed a fresh...

Read more ...

Weekly Trading Forecasts for Major Pairs (May 21 - 25, 2018)

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair trended downwards last week, testing the support line at 1.1750. The market went essentially sideways on Thursday and Friday, and may go below the support line at 1.1750, to target another support line at 1.1700. About 250 pips have been lost this month, and it just seems to be the beginning. The outlook on EUR pairs is bearish for this week (EUR...

Read more ...

Smart ways to trade the Forex market

Making money in the online trading industry is very hard. Those who are relatively new to the Forex market might say leading your dream life based on currency trading profession is not possible. But look at the experienced traders in the United Kingdom. You will be surprised to see their portfolio. Since most of the professional brokers are offering high leverage trading accounts to the retail traders, making money even with...

Read more ...

Bitcoin Price Analysis – May 16

BTCUSD Medium-term Trend: Bearish Resistance: $8,500, $8,400, $8,300 Support: $7,900, $8,000, $8,100 Yesterday, May 15, the BTCUSD pair traded above the $8,500 price level and, at the same time, the bearish trend line was broken. Secondly, the candlestick also closed on the opposite of the trend line. The price action also showed that the price retouched the trend line and began a ranged bound movement. Based of that, it was...

Read more ...

Is the MetaTrader 4 and 5 usable on the platform youoption?

Does anyone have more information about that? Before I want to start with them, it would be nice to know! I saw something about a first deposit bonus, so I will safe it! Is the MetaTrader 4 and 5 usable on the platform youoptio...

Read more ...

Ethereum Price Analysis – May 15

ETHUSD Medium-term Trend: Ranging Resistance: $760, $750, $740 Support: $700, $710, $720 Yesterday, May 14th the overall trend of Ethereum was bearish. The price of the asset had fallen from the highs of $830, $767 and $735 as per the bearish trend line. However, at the time of writing, the MACD line and the signal line were above the zero line indicating a buy signal. The price bars of Ethereum were above the 12-day EMA and...

Read more ...

Bitcoin Long-term Price Analysis

BTCUSD Long-term Trend – Bearish Distribution territories: $11,000.00, $12,000.00, $13,000.00. Accumulation territories: $7,000.00, $6,000.00, $5,000.00. Bitcoin has been consecutively witnessing bearish movements against the US dollar since the beginning of this week. Between May 5 and 6, the bulls were close to the distribution territory of $10,000.00 but were being slightly weakened, and the bears eventually took over....

Read more ...

Some Timely Trading Jokes

A little bit of humor to get your Friday off to a chuckle: Chart - what you check after you exit trading, trying to understand what went wrong. Day Trading - trading which you start too late or exit too early. Margin - (if you are up) a safe situation with huge potential return (if you are down) an evil trick by Unseen Forces that can cause you losing more money than you have. Margin Call - what happens when your broker makes...

Read more ...

Forex Forum

In order to my trading understanding, I think , Forex Forum is the most useful way of Forex learning! Basically, most of the novice traders start their trading career without any trainer, so they need knowledge! In addition, there have so many pro traders in various Forex forums, and they share their analysis in forums so willingly! As a result, novice traders can improve their trading skill by using Forex forum’s! I appreciate...

Read more ...

Bitcoin Weekly Price Analysis – May 5

BTCUSD Long-term Trend – Bearish Distribution territories: $12,000.00, $13,000.00, $14,000.00. Accumulation territories: $8,000.00, $7,000.00, $6,000.00. In spite of lower highs than lower lows on the BTC/USD pair, the long-term trend chart has not been able to make a significant move away from a bearish outlook. On April 29, the pair declined a bit below the accumulation territory of $9,000.00 and on May 1, it reversed northward...

Read more ...

Weekly Trading Forecasts for Major Pairs (May 7 - 11, 2018)

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD went downwards by 170 pips last week. It has gone downwards by 430 pips since April 19. There is a Bearish Confirmation Pattern in the market and it is supposed to continue going lower and lower, reaching the support lines at 1.1900, 1.1850 and 1.1800. USD is supposed to continue being strengthened, and so long trades are not currently recommended,...

Read more ...