FOREX trading guides and brokers reviews: Beginner traders or those who are still wondering whether they should go on that path often ask themselves if Forex trading is easy or difficult to learn. We will try to answer that question by further explaining several aspects you need to keep in mind before embarking on that financial journey. Keep in mind, though, that Forex is not necessarily a place for everyone. There are several big concepts you need to check out before making the decision whether Forex trading is difficult or easy for you.
The strongest signals are obtained when the average crosses the faster one: from bottom to top – the CALL option, from top to bottom – PUT. But a rebound from the “long” average in the direction of the main trend is also considered as a trading signal. When calculating expiration time of an option on the Moving Average combination, you need to view a history of quotations (on timeframe period) and analyze moments of crossing lines of such averages for a long period (at least 3-6 months). You need to find an average number of candles between the intersection points that were in a profitable area for the transaction.
The Westernpips Group software has come a long way from the idea of arbitrage trading to the present day. More than ten years of hard work, constant updates and improvements. In new versions, we took into account all the nuances and shortcomings of previous versions. Now it is a professional trading system, a set of software products that allow you to cover the entire Forex market, CFD`s and the crypto currency market. We have expanded the list of trading platforms and stock exchanges for arbitration. Now you have even more chances to find a good broker and to break the jackpot. WP group develops the most profitable trade systems in the Stock and Forex Exchange. Today HFT trading is one of the most popular, highly profitable and risk-free systems of trade.
70 Trade is a good company, yes, I had as well as ups and downs in trading, but I would not like to blame anyone for my failures! At least, if to ananyze globally, then the fault of my own is much more than the fault of the broker. Because the whole information I received from the broker as well as analytics was treated by me with great skepticism. But then I changed my attitude in order to earn more and learn more. And you know, I can tell you that my transactions were almost always closed with a plus, and the deposit began to grow steadily upwards. This happens during the last 1.5 – 2 months. Find more info at https://medium.com/@Brady_Camden/70-trades-india-my-opinion-and-review-95bcceee8254.
The second strategy looks for binary signals at the intersection of “fast” and “slow” Simple Moving Average (SMA) with periods of 5 (blue) and 17 (red). Despite the simplicity, the SMA gives a lot of profitable signals, especially if the intersection is confirmed on several timeframes. Pivot points search by RSI and Parabolic SAR (PSAR) indicators. There are no special techniques here; the tools are used in a classically: RSI exit from overbought/oversold zones, a change in position relative to the price chart. The strategies are simple and often found in free binary options signals.
FOREX is a high risk activity and you should get informed yourself before starting. Ask how many part-time Forex traders about the reasons their day-to-day life is not fully dedicated to trading with currencies and you will get a plethora of reasons. However, here we are not discussing the reasons why someone can be a part-time Forex trader only, but about the reasons that can actually make someone choose part-time trading over full-time. First of all, “less is more” is a concept that is proven to be effective and very true when it comes to Forex trading. There is no doubt that the much you are obsessed with trading currencies and doing it all the time, not missing a chance of a good trade, the likeliest it is to fall into the trap of emotional trading, rushed decisions or those made out of frustration, experiencing a lot of loss and failure, and overall overtrading.