FXOpen Trader

If we are doing our trading with a Reliable Forex Broker then we have to choose a Broker that h as been in the Forex Markets for more than 10 Years like FXOpen

For me trading in the Forex markets means trading with the help of a ECN Forex Broker and this is the reason why i choose to do my trades with FXOpen

I have been trading in the Forex markets from the Last 10 Years with SUCCESS with the help of the International Forex Broker FXOpen GLOBAL

We need to select a Forex Trading Broker that allows both the News Based Trading and the Scalping Trades like FXOpen. FXOpen is a True ECN Forex Broker where you can do your trading with Profits

We need to choose a Forex Trading Broker that has the Low Spreads the reason why i am doing my trades with the FXOpen They have Low Spreads on the GOLD and the Forex Pairs with USD See the screenshots

I have been trading with the International and Reputed Forex Broker FXOpen from the Year 2010 with SUCCESS

GBP/USD Remains In Uptrend, USD/CAD Could Extend Losses GBP/USD is holding gains above the 1.4100 and 1.4120 support levels. USD/CAD is struggling and it could decline further if it breaks the 1.2060 support. Important Takeaways for GBP/USD and USD/CAD The British Pound started a fresh increase above the 1.4100 resistance level. There was a break above a key bearish trend line with resistance near 1.4190 on the hourly chart of GBP/USD. USD/CAD declined steadily after it failed to clear the 1.2140 resistance zone. There is a major bullish trend line forming with support near 1.2070 on the hourly chart. GBP/USD Technical Analysis The British Pound remained well bid above the 1.4080 and 1.4100 support levels against the US Dollar. The last swing low was formed near 1.4100 before the GBP/USD started a fresh increase. The recent low was formed near 1.4136 on FXOpen and the pair is now rising steadily. It broke the 1.4150 resistance level and the 50 hourly simple moving average. There was a break above the 50% Fib retracement level of the downward move from the 1.4219 high to 1.4136 low. There was also a break above a key bearish trend line with resistance near 1.4190 on the hourly chart of GBP/USD. The pair is now trading nicely above the 1.4180 level. It is testing the 76.4% Fib retracement level of the downward move from the 1.4219 high to 1.4136 low. A clear break above the 1.4200 resistance level could open the doors for a larger increase. In the stated case, the pair could rise towards the 1.4220 resistance. The next major resistance is near 1.4235, above which GBP/USD might test the 1.4300 zone. An initial support on the downside is near the 1.4180 level. The first major support is near the 1.4165 level and the 50 hourly simple moving average. Any more losses could open the doors for a move towards the 1.4120 support zone. Read Full on FXOpen Company Blog...

Gold Price and Oil Price Turn Attractive On Dips Gold price traded above the $1,900 resistance zone before correcting lower. Crude oil price is rising and it is trading nicely above the $65.00 pivot level. Important Takeaways for Gold and Oil Gold price gained pace above the $1,850 and $1,880 resistance levels against the US Dollar. There is a key contracting triangle forming with resistance near $1,898 on the hourly chart of gold. Crude oil price climbed higher and it cleared the $67.00 resistance zone. There is a major bullish trend line forming with support near $66.00 on the hourly chart of XTI/USD. Gold Price Technical Analysis This week, gold price started a steady increase above the $1,850 level against the US Dollar. It broke a few key hurdles near $1,880 to move further into a positive zone. The price even settled above the $1,880 zone and the 50 hourly simple moving average. There was a clear break above the $1,900 level and a high was formed near $1,912 on FXOpen. The price is now correcting gains and trading below $1,900. There was a break below $1,890, but downsides were limited. The price traded as low as $1,888 and the price is now consolidating. It seems like there is a key contracting triangle forming with resistance near $1,898 on the hourly chart of gold. The triangle resistance is near the 38.2% Fib retracement level of the recent decline from the $1,912 high to $1,888 low. The main resistance is now forming near the $1,900 level and the 50 hourly simple moving average. The 50% Fib retracement level of the recent decline from the $1,912 high to $1,888 low is also near the $1,900 zone. A clear break above the $1,900 level may possibly open the doors for a move towards the $1,920 level or even $1,935. On the downside, the price is likely to find bids near $1,888. If there is a downside break below $1,888, there are chances of a move towards the $1,870 level in the near term. Read Full on FXOpen Company Blog...

LTC and EOS – At key turning point LTC/USD The price of Litecoin has been on the rise since the 23rd when it fell down to $128.32 at its lowest point. From there we have seen an increase of 58% measured to its highest point yesterday at around $203. Since then a minor pullback was made but the price is once again in an upward trajectory and is currently being traded at $196.3. On the hourly chart, you can see that from the 23rd of May we have seen an impulsive five-wave move after which the price started consolidating. It did so in a three-wave manner which is most likely the 2nd sub-wave of the next higher degree impulse to the upside. We have seen the completion of a 3-3-5 move with a higher low made today compared to the one on the 25th as the first pullback which validated that the support is getting higher and that buyers are stepping in. If this was a running flat correction that ended now today we have seen the start of the next wave to the upside which is set to exceed the high on the 25th and propel the price much stronger potentially to the territory of the 0.5 Fib level at around $264.65. But if this is the five-wave impulse of the higher degree it should continue moving to the upside beyond that point after another pullback on the 4th wave. Read Full on FXOpen Company Blog...

We need to do our trading in the Broker that has Lower Spreads like FXOpen as you can see they have Low Spreads in the GOLD and Forex Pairs with USD

Forex trading is a International business in which traders need to make use of a Reliable trading system to earn the Profits.

We need to understand that doing our trades in the Forex markets will require more Efforts from the traders.

We need to do our trading with the help of a True ECN Forex Broker FXOpen

We need to learn about trading in the markets with the help of a Good Trading System.

We can learn trading in the Forex markets with the help of the DEMO Trading accounts easily.

I am trading in the Forex markets with the help of t he International Forex Broker FXOpen They have Lower Spreads in the GOLD and the Forex Pairs with USD See the screenshots

We need to learn trading in the Forex markets with the help of a reputed Forex Trading Broker FXOpen

We will need to minimize the Losses in doing our trades so that we are Safe Traders.

I am learning about the Forex markets with the help of the DEMO Trading accounts of FXOpen

We need to learn about the Forex markets so that we are able to earn the Profits from doing our trades.

We must be using such type of a Trading strategy that can be easily understood by us in doing our trading.

I started learning about the Forex markets with the help of the DEMO Trading accounts of the Broker FXOpen

I am doing my Forex Trading with the help of the International Forex Broker FXOpen GLOBAL

We need to think before doing such types of Deals.

We will have to do our trading so that we can start getting the Profits from our trades on a Regular basis.