1xBit



Read our Advertising Disclaimer


Page 1 of 3 123 LastLast
Results 1 to 20 of 56
  1. #1
    Join Date
    Jul 2017
    Posts
    103
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    253

    Broker Selection.

    Broker selection is the vital and most crucial part of forex trading. We have to depend on a broker to run our trading business. There is nothing without trust that we can rely on a broker. I feel safe with TenkoFX.com to trade my business. They are the most transparent and active broker I have seen in the forex market. Their security of funds, withdrawal process, transaction fees etc. are fabulous. I am enjoying my trading business with them.

  2. # ADS
    Ads Manager Circuit advertisement
    Join Date
    Always
    Posts
    Many
     
  3. #2
    Join Date
    Jan 2017
    Posts
    379
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    768
    the best broker is a broker which for all time make sure superior execution for trading comfortably, low transaction cost, easy withdrawal system without long time process, lowest trading spreads for using any kinds of trading strategies , active customer services and much more real trading facilities that are very supportive to lead a comfortable trading life with certainly.

  4. #3
    Join Date
    Nov 2017
    Posts
    62
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    153
    Broker is an important factor in forex market. There are several kinds of broker in forex market. Now I using a non dealing desk broker called CapitalsTrade. it is a regulated and licensed borer in Vanuatu. it is providing me low tight spreads, high leverage up to 1: 500, low transaction cost, fast withdraw with minimum 100$, fast and smooth execution system, mt4 trading platform , swap free account and many more

  5. #4
    Join Date
    Apr 2017
    Posts
    290
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    723
    I completely agree with you. Broker selection has become very crucial for a forex trader at this moment. I am saying this because I have suffered several times very badly due to my broker problem. I was careless trader then. I used to pick a broker without proper inspection. But now I have become more responsible trader and use AAFX for my trading. This broker ensures my fund safety and trading environment.

  6. #5
    Join Date
    Dec 2017
    Posts
    121
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    303
    A trader should pick a regulated and solid broker. Broker is the most essential thing in online forex trading. There are a bit of trap brokers. To remain safe we have to pick a strong broker that gives 100% security of your cash. Everything considered I have gotten MaximusFx, a regulated forex and binary options broker. It gives low spreads as low as 0.1 pip and 1:1000 leverage.

  7. #6
    Join Date
    Jan 2017
    Posts
    374
    Post Thanks / Like
    Mentioned
    2 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    634
    In the retail market place we see thousands of brokers available. They are of various types like ECN, STP and Market maker. We mostly prefer ECN and STP for trading. But the main fact is in regulation. Finding a regulated trading broker has become very tough to the traders. As a regulated trading broker I have selected Trade12 broker. This is an ECN broker having all ECN accounts with lowest commission. No restrictions for pending order.

  8. #7
    Join Date
    Dec 2017
    Posts
    18
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    7
    Financial Information may quickly become unreliable for various reasons including, for example, in market exchange agreements or economic circumstances. Neither the Company nor the Third-Party Providers are obligated to update any information or opinions containedin any Financial Information, and we may discontinue offering Financial Information at any time without notice.

  9. #8
    Join Date
    Dec 2017
    Posts
    166
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    415
    Yes there is no doubt that broker selection is a critical task in forex market. Since there exist almost thousands of electronic brokerage houses. As a virtual trader, we have to work with a reliable, trusted and regulated broker that will provide low transaction cost, fast and orderly trade executions also a security of money. I have seen that many traders simple face losses just because of inefficient selection of broker. So wisely select your bridge here.

  10. #9
    Join Date
    Jan 2017
    Posts
    379
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    768
    Some broker offer 100% initial bonus some offer up to 300% with no deposit bonus. How funny! There is nothing 100% usable bonus offer at all. I don’t found

  11. #10
    Join Date
    Jan 2018
    Posts
    198
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    356
    Candlestick bars still indicate the high-to-low range with a vertical line. However, in candlestick charting, the larger block in the middle indicates the range between the opening and closing prices. Traditionally, if the block in the middle is filled or colored in, then the currency closed lower than it opened.

  12. #11
    Join Date
    Jan 2018
    Posts
    198
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    356
    We simply substituted green instead of white, and red instead of black. This means that if the price closed higher than it opened, the candlestick would be green. If the price closed lower than it opened, the candlestick would be red. In our later lessons, you will see how using green and red candles will allow you to “see” things on the charts much faster, such as uptrend/downtrends and possible reversal points.

  13. #12
    Join Date
    Jan 2018
    Posts
    198
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    356
    information in the bar notation. Candlesticks and candlestick patterns have cool names such as the shooting star, which helps you to remember what the pattern means. Candlesticks are good at identifying marketing turning points – reversals from an uptrend to a downtrend or a downtrend to an uptrend. You will learn more

  14. #13
    Join Date
    Jan 2018
    Posts
    198
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    356
    There are 2 types of analysis: Fundamental and Technical
    Fundamental analysis is the analysis of a market through the strength of its economy. (i.e. the dollar gets stronger because the US economy is getting stronger)
    Technical analysis is the analysis of price movements. Technical analysis = charts.
    Technical analysis also helps us identify trends which can help us find profitable trading opportunities.

  15. #14
    Join Date
    Jan 2018
    Posts
    198
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    356
    Print and run! Prefer to print out these lessons? Buy the PDF. Only $49. While we briefly covered candlestick charts in the previous lesson, we’ll now dig in a little and discuss them more in detail. First let’s do a quick review.

  16. #15
    Join Date
    Jan 2018
    Posts
    198
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    356
    Back in the day when Godzilla was still a cute little lizard, the Japanese created their own old school version of technical analysis to trade rice. A westerner by the name of Steve Nison “discovered” this secret technique on how to read charts from a fellow Japanese broker and Japanese candlesticks lived happily ever after. Steve researched, studied, lived, breathed, ate candlesticks, began writing about it and slowly grew in popularity in 90s. To make a long story short, without Steve Nison, candle charts might have remained a buried secret. Steve Nison is Mr. Candlestick.

  17. #16
    Join Date
    Jan 2018
    Posts
    198
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    356
    If the close is above the open, then a hollow candlestick (usually displayed as white) is drawn. If the close is below the open, then a filled candlestick (usually displayed as black) is drawn. The hollow or filled section of the candlestick is called the “real body” or body. The thin lines poking above and below the body display the high/low range and are called shadows.

  18. #17
    Join Date
    Jan 2018
    Posts
    198
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    356
    Just like humans, candlesticks have different body sizes. And when it comes to forex trading, there’s nothing naughtier than checking out the bodies of candlesticks!
    Long bodies indicate strong buying or selling. The longer the body is, the more intense the buying or selling pressure.

  19. #18
    Join Date
    Jan 2018
    Posts
    198
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    356
    Long white candlesticks show strong buying pressure. The longer the white candlestick, the further the close is above the open. This indicates that prices increased considerably from open to close and buyers were aggressive. In other words, the bulls are kicking the bears’ butts big time!

  20. #19
    Join Date
    Jan 2018
    Posts
    198
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    356
    To create a down (descending) channel, simple draw a parallel line at the same angle as the downtrend line and then move that line to a position where it touches the most recent valley. This should be done at the same time you created the trend line.

  21. #20
    Join Date
    Jan 2018
    Posts
    198
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    MTW Points
    356
    is now support.
    In their most basic form, an uptrend line is drawn along the bottom of easily identifiable support areas (valleys). In a downtrend, the trend line is drawn along the top of easily identifiable resistance areas (peaks).

Page 1 of 3 123 LastLast

Similar Threads

  1. 3 top requirement for broker selection?
    By Charles Coventry in forum Forex General Discussion
    Replies: 4
    Last Post: 07-14-2017, 03:49 AM
  2. Replies: 1
    Last Post: 04-27-2017, 01:27 PM
  3. Best Tool for Keyword Selection
    By fedricklin in forum WebMasters
    Replies: 7
    Last Post: 09-01-2014, 06:15 PM
  4. Replies: 0
    Last Post: 05-21-2014, 09:14 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •