FXOpen Trader

Trade with a REGULATED and RELIABLE Broker Trade with a global broker and enjoy attractive trading conditions and innovative technological solutions. It is our mission to provide all our clients with access to low commissions, deep liquidity and tight spreads on the most technically advanced trading platforms which operate in a completely fair and transparent environment. FXOpen Global

We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen

We will need to develop our trading systems with some planning and controls.

If we are getting more losses we will need to make Efforts so that the losses can be brought down by us.

We can start learning with the help of the Demo Trading accounts easily.

We will need to understand the basic movements into the markets.

If we are having the trading related skills and the experiences then the profits can get increased by us.

We will need to make use of the tools in doing reliable trades.

We will need to remain more vigilant so that the losses could be avoided by us in the coming days.

If the losses that we are getting from our trading will increase we will need to make use of the loss control systems.

We will need to learn how to make minimal mistakes in doing our trades into the markets.

Trading hours for US Presidents' Day Dear Traders, Please be aware of the trading schedule changes for US Presidents Day observed on 21 February 2022 (all times are GMT+2): Spot commodities CFD: Gold (XAUUSD) - trading ends at 21:30; Silver (XAGUSD) - trading ends at 21:30; US Crude (XTIUSD) – trading ends at 21:15; US Natural Gas (XNGUSD) – trading ends at 21:15. Indices CFD: Japan 225 (#J225) – trading ends at 20:00; US SPX 500 (#SPXm) – trading ends at 20:00; US Tech 100 (#NDXm) – trading ends at 20:00; Wall Street 30 (#WS30m) – trading ends at 20:00. Stock CFD – trading closed. All other financial instruments will be traded as usual. FXOpen Company News

Pound hit a low point, but not for long! At the end of last week, the Euro did something that it rarely does: take a nosedive against the British pound. Although there has been much more volatility in the currency markets over the past year, it is still relatively stable compared to the ups and downs experienced by other asset classes such as oil and certain company stocks due to the imposed shortages of raw materials and supply chain issues that have taken place recently. Currency, as always, has been relatively stable. Therefore, a 1 point drop between two major currencies is enough to make for an interesting chart pattern, and on Friday, February 11, the Pound's gain against the Euro tailed off once again. The low point can really only be considered a 'tailing off' of a ten-day gain which the Pound had been achieving, after its considerable drop to 1.18 on February 4, however today's trading week begins with the Pound slightly down compared to its recovery performance from the low point on February 4 which was its lowest point in one month by far. After February 4's substantial dip in value for the Pound against the Euro, it began to rise healthily once again, and peaked at almost 1.20 on Thursday last week, however the upward trajectory came to a standstill and the Pound began to decline again. All eyes this morning will be on whether British Prime Minister Boris Johnson begins to wax lyrical about his plans to 'challenge' Russia's president Vladimir Putin over any possible conflict in Ukraine. As is almost always the case, when a Western nation begins involving itself in an overseas geopolitical matter, confidence in the economy either strengthens or weakens, depending on how such a geopolitical issue benefits or exposes the nation seeking to get involved. On British soil, confidence in the leadership abilities of Boris Johnson is at an all-time low since his election, and despite Russia's comparatively low-grade economy which is based solely on mineral and fossil fuel mining and export, there is an abundance of investors who know that Mr. Putin makes very few mistakes with his strategies. Therefore, it may be that the Pound could become volatile if Boris Johnson's commentary continues to be highlighted in the press, as many investors consider that his interfering with Russia's policies on its own soil amount to playing with fire. No conflict has begun as yet, and therefore speculation hangs over the markets, giving the Pound and the Euro, and to some extent the US Dollar as Joe Biden wades into the debate, some potential for volatile reactions to news on which angle each premier will take. There are those who consider Russia to be a 'junk' economy, riddled with high inflation, government-instigated price realignments, capital controls and high levels of corruption, further exacerbated by sanctions imposed on it by Europe and the United Kingdom, but this particular market-moving scenario is not about the Ruble at all, it's about the Pound, and potentially the Euro and Dollar later on, however given Germany's good relationship with the Russian government, and Boris Johnson's less than credible outbursts, the majors are the ones to watch. FXOpen Blog

FXOpen’s TOP-10 January 2022 PAMM Accounts The second month of winter has come and went, along with the winter holiday season, and it's high time we started paying our attention to our investments. Any investor is interested in stable earnings, and any trader in saving the deposits in the face of political and economic instability. February is a short month, so PAMM managers will have to try their best in such a short period, while investors will have to carefully compose their investment portfolio. In our new review, we tell you all about FXOpen’s top PAMM providers of January 2022. As of February 1, 2022, investments amounted to 2,879,484.00 USD on 152 PAMM accounts. Read Full on FXOpen Company Blog...

GBP/USD Stuck In Range, EUR/GBP Remains At Risk GBP/USD started a fresh decline from well above the 1.3600 level. EUR/GBP is also declining and trading below the 0.8420 support zone. Important Takeaways for GBP/USD and EUR/GBP The British Pound started a fresh decline from well above 1.3600 against the US Dollar. There is a key bullish trend line forming with support near 1.3530 on the hourly chart of GBP/USD. EUR/GBP failed to surpass 0.8480 and started a fresh decline. There is a major bearish trend line forming with resistance near 0.8415 on the hourly chart. GBP/USD Technical Analysis The British Pound struggled to settle above the 1.3600 resistance zone against the US Dollar. The GBP/USD pair started a fresh decline below the 1.3580 support zone. There was a clear move below the 1.3550 level and the 50 hourly simple moving average. The bears pushed the pair below the 50% Fib retracement level of the upward move from the 1.3513 swing low to 1.3609 high. GBP/USD Hourly Chart It is now trading below the 1.3550 level and testing the 76.4% Fib retracement level of the upward move from the 1.3513 swing low to 1.3609 high. An immediate support is near the 1.3530 level. There is also a key bullish trend line forming with support near 1.3530 on the hourly chart of GBP/USD. The first key support is near the 1.3510 level. Any more losses could lead the pair towards the 1.3450 support zone. The next major support sits near the 1.3420 level. On the upside, an initial resistance is near the 1.3560 level and the 50 hourly simple moving average. The next main resistance is near the 1.3600 zone. If there is an upside break above the 1.3600 resistance, the price could gain bullish momentum. In the stated case, GBP/USD might rise to 1.3680. Read Full on FXOpen Company Blog...

Those Forex traders who are newbie will have to understand the importance of doing their trades with a proper trading based plan.

To become successful into this business we will need to make Extra Efforts in doing our trades.

We will need to start learning about the Important Market News Events.

When we are trading we will need to make use of the Web Based trader for easy access to our Trading accounts.

I have been doing my Forex trading from the last 10 Years with the International and Reputed Forex Broker FXOpen Markets They are a True ECN Forex Brokers.

We will have to try to bring down the Risks that are present in doing our trades.

When we are making use of the Lower spreads the risks will also stay at minimal.

I am doing my Forex Trading with the International Forex Broker FXOpen Markets and they have Fast Deposits and Withdrawals

We should try to make use of the Lower leverage settings so that the Risks will stay minimal.

Forex traders will need to increase their trading experience and skills in doing this business.