HotForex is popular amongst affiliates and brokers, and indeed the company has been positive regarding its promotion in lesser-known markets. The primary reasons why the clients want to continue business with this company include excellent customer support and oriented brokerage service.
Financial Markets Education
Avatrade Review – Key Findings for 2020
AvaTrade is a company that was launched in the year 2006 as a CFDs and online forex broker based in Ireland, Dublin. The company specializes in providing services of trade for commodities, market indices, bonds, Bitcoin, equities, and Exchange Traded Funds. Since the establishment of AvaTrade (avatrade.com), the company has rapidly expanded to serve almost […]
Fxpro Review – Key Findings for 2020
FxPro is what the users are looking for or not. Established in 2007, FxPro has its headquarters located in London, UK. If you want to trade with FxPro, you need to open an account with at least $500 in your account. The company is regulated by different authorities in different jurisdictions. For instance in the United Kingdom, the platform is regulated by FCA (Financial Conduct Authority) of the UK and managed through FxPro UK Limited.
How ATR Stop Loss Strategy Can Improve Your Trading?
How Average True Range (ATR) Can Improve Your Trading? Average True Range known by the acronym ATR is an indicator widely used in technical analysis in financial market analysis and measures volatility in the market. ATR has been introduced by Welles Wilder Jr. in his book New Concepts in Technical Trading Systems. In this article, […]
How to Read a Bar Chart for Day Trading?
How to read bar charts stocks or forex bar charts? Most traders are busy and do not have the time to analyze all the statistical data available. They are interested in using graphical charts that represent the data available, to help them make trading decisions. The Bar Chart for Day Trading is one of the […]
Understanding Currency Interest Rate Differentials
The interest rate differential has defined as the difference in the interest rates for each of the two currencies in the currency pair. Each currency has its own interest rate and the difference between the interest rates are the rate differential. In foreign exchange (forex) markets, the differentials or forex interest rate differentials are of […]
The Best Long Term Forex Strategy
How to trade long term forex strategy and How to Plan an Effective Long-Term Forex Trading Strategy in 2020? In the world of forex, it would be essential to have different types of trading strategies for the short term. Along with it, long term planning is equally essential. With the forex trading strategy for the […]
What Percentage of Traders Lose Money?
Why Forex Traders Lose Money in Forex Industry Percentage of traders that lose money is 95% based on research Contentworks and forex trading statistics. Some brokers have data information that 73%-85% of their clients do not lose money. It is true because there is always a big percentage of traders that are not profitable but […]
When Are Forex Markets Open?
Forex Market Business Hours For Traders The first forex market to open is the Sydney market at 10 PM GMT and then the Tokyo market opens at 11 PM GMT and then the London market at 7 AM GMT and USA market at 12 PM GMT. The Hours Of The Forex Market (Forex Market Open) […]
Do Trading Robots Really Work?
Are You Ready to Hand Your Trading Over to a Forex Robot? What is a trading robot or forex robot? Forex robot or fx bot or forex bot is a trading script that automates the trading decisions on the currency trading platforms. The Forex Robot is a computer-based program and it is based on the […]
What Lot Size Should I Trade?
How To Choose A Lot Size For Ultimate Forex Trading Lot size or position size you need to calculate based on your equity, risk and trade probability. You can read in detail our article about the postion size formula. Best Techniques For Choosing A Lot Size In Forex Trading Selecting a trading lot size to […]
Risk Management Strategies in Forex Trading
Forex Risk Management Strategies That You Should Know What is the risk in forex trading? Risk is the potential for uncontrolled loss of capital in trading. Leverage in trading is a borrowed capital to increase the potential returns and in the forex market, high leverage is up to 1:1000. So traders can trade with more […]
How to Calculate Risk Reward Ratio in Forex
The Complete Guide to Risk Reward Ratio The risk-reward ratio is noted as conducting measures concerning the level of the reward that you could potentially achieve when you conduct a trade-in correlation to each dollar that you are willing to put up to risk. Take into consideration, for example, that if the risk-reward ratio is […]
MACD settings for intraday trading
In this article we developed one test, where we created one intraday profitable strategy, and than we and then we varied the values of the MACD settings parameters in several combinations. We wanted to see what is the best MACD settings for intraday trading. As we know moving average convergence/ divergence or more commonly referred […]
Can You Make a Living Trading Forex ?
Introduction In this article I will describe why I do not think that do people can earn a lot of money trading currencies for a living if they start with small amount of money. This is just article for thinking and I hope you think different than me… Trading forex for a living So you’ve […]
How Many Pips Does Eurusd Move Daily
The average true range or ATR is the average daily movement for any currency pair. How many pips does EURUSD move daily? The average daily range for EURUSD on date 02. March 2020. is 59 pips. EURUSD, the most heavily traded currency pair in the world, had an average daily movement from 34 pips to […]
How Do You Trade Fibonacci Expansion Levels ?
Fibonacci Expansion Levels Fibonacci Expansion Levels are lines in technical analysis, calculated as the percentage between high and low price, which can be drawn above the highest high or below lowest low price level. Fibonacci levels are always projection levels. Fibonacci Expansion Levels or Fibonacci Extension levels follow the same logic as Fibonacci retracements. The […]