Forex Trading

FXCM Review 2024: Scam or a Good All-Round Broker?

There are no side-by-side comparisons to help users determine the real cost of the trade, though. This lack of data is a potential deterrent for traders, but it is by no means a huge concern. There’s a market scanner feature that uses technical indicators to show traders when it’s a good opportunity to buy/sell. Unfortunately, …

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Stochastics: An Accurate Buy and Sell Indicator

Technical analysts use this information to evaluate historical performance and predict future prices. Indicators do not specifically provide any buy and sell signals; a trader must interpret the signals to determine trade entry and exit points that conform to his or her own unique trading style. Several different types of indicators exist, including those that interpret …

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Tesla Trade-In Value: How Much Can I Get in 2024?

The platform is easy to navigate, making it suitable for both professional traders and beginners. Since there are risks attached to CFD trading, then, use appropriate risk management tools. VSTAR offers a negative balance protection policy, which means you cannot lose more than your account balance. The EV kingpin extended its powerful rally after it …

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Swiss Franc: risks lie to the downside as inflation diverges from forecasts

The pair is overall in short-term uptrend with the expectation that it will eventually breakout from the current range and start moving higher. However, resistance from a long-term trendline and the 50-week Simple Moving Average (SMA) present considerable obstacles to a prolongation of the trend. In its latest batch of data, Swiss headline inflation rose …

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Currency Carry Trade: Definition as Trading Strategy and Example

Forex trading is like a vast ocean teeming with different strategies and methods. In the dynamic expanse of the financial world, the “carry trade in trading.”, can be considered as one of the most popular trading strategies. In this exploration, we’ll embark on a captivating journey into the realm of the carry trade strategy. This …

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Forex Strategies That Use Fibonacci Retracements

As a result, traders should consider the possibility that the Fibonacci method is actually self-fulfilling. Remember, as with any other statistical study, the more data used, the stronger the analysis. Sticking to longer timeframes when applying Fibonacci sequences can improve the reliability of each price level. Every foreign exchange trader will use Fibonacci retracements at …

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