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Everything posted by FXOpen Trader
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Is it worth to start way on Forex?
FXOpen Trader replied to Michael Jefferson's topic in Forex General Discussion
To be able to become a successful trader in this business we will need to use our Trading Skills and also do trades in the correct directions. -
The selection of the Forex broker is very important for us because we will need to use a broker that is Regulated like FXOpen
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IF we want to earn income from our trading we need to use True ECN Forex Broker like FXOpen
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Reasons Why Traders Prefer a Regulated Broker
FXOpen Trader replied to Fedra Bianchi's topic in Forex General Discussion
I have been doing my Forex trading with a Regulated and International Forex Broker FXOpen -
Many trading stratagems: which one to choose?
FXOpen Trader replied to Gee Dee's topic in Forex General Discussion
We will need to understand that Forex trading will require Special Efforts and we will need to make such kind of Efforts. -
Leverage isn’t a bad thing
FXOpen Trader replied to Fedra Bianchi's topic in Forex General Discussion
I have been doing my Forex trading with the True ECN and International Forex Broker FXOpen Global -
To be able to do our trading correctly we will need to understand that Timings are very important in this business.
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official Daily Market Analysis By FXOpen
FXOpen Trader replied to FXOpen Trader's topic in Technical Analysis
Gold Price Remains At Risk, Oil Price Extends Rally Gold price failed to clear the $1,800 resistance zone and started a fresh decline. Crude oil price is rising and it is showing a lot of positive signs above $64.50. Important Takeaways for Gold and Oil Gold price failed to clear the $1,790 and $1,800 resistance levels against the US Dollar. There is a key bearish trend line forming with resistance near $1,788 on the hourly chart of gold. Crude oil price climbed higher nicely and it even broke the $65.00 resistance zone. There is a crucial bullish trend line forming with support near $64.30 on the hourly chart of XTI/USD. Gold Price Technical Analysis Earlier this week, gold price climbed higher above the $1,780 resistance against the US Dollar. However, it failed to clear the $1,790 and $1,800 resistance levels. A high was formed near $1,789 on FXOpen before the price started a fresh decline. There was a break below the $1,780 and $1,765 support levels. The price even settled below the $1,780 level and the 50 hourly simple moving average. A low was formed near $1,756 before the price recovered. It climbed above the $1,765 level. There was a break above the 23.6% Fib retracement level of the recent decline from the $1,789 high to $1,756 low. However, the price failed to clear the $1,780 resistance and the 50 hourly simple moving average. It also struggled near the 50% Fib retracement level of the recent decline from the $1,789 high to $1,756 low. Moreover, there is a key bearish trend line forming with resistance near $1,788 on the hourly chart of gold. The price must clear the $1,780 resistance and the trend line to start a strong increase in the coming sessions. If not, there is a risk of another decline below the $1,760 level. The first key support is near the $1,755 and $1,750 levels. Any more losses might call for a test of the $1,720 support. Read Full on FXOpen Company Blog... -
official Daily Market Analysis By FXOpen
FXOpen Trader replied to FXOpen Trader's topic in Technical Analysis
LTC and EOS – Breakout seen but would it be confirmed? LTC/USD The price of Litecoin has been on the rise since the 26th of April when it fell down to $211. From there we have seen an increase of 26.4% as it came up to $266.6 at its highest point. It started moving sideways from yesterday’s high and is currently sitting slightly lower but is in an upward trajectory overall. On the hourly chart, we can see that the price has started breakout out from the symmetrical triangle in which it was since yesterday’s high. This could be an early indication that the price is now headed further up. However, a confirmation is needed which could come as the hourly candle close above the territory of the symmetrical triangle and then a successful retest of its resistance for support The previous descending move has definitely ended as a five-wave correction however it is still unclear how the current rise would end and which type of structure it could form. There are three possible scenarios in play. The first being that we are seeing the starting five-wave impulse in which case its third sub-waves 1st wave has developed. The next one is slightly negative and considered the rise from the 26th as the ABC correction with more upside potential for the C wave. The third one is the most negative one and implies that the ABC correction to the upside already ended in which case we are now seeing the start of the next descending move with the symmetrical triangle being its 2nd sub-wave. Read Full on FXOpen Company Blog... -
Forex trading is an International Type of business and we will need to manage our trading in a way that can give us the Profits.
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We can learn doing our trading with the help of the DEMO Trading accounts.
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Leverage effective or risk!
FXOpen Trader replied to Fedra Bianchi's topic in Forex General Discussion
If we want to get income from our trades then we will need to minimize the Risks present into our trading. -
Forex is most liquid market
FXOpen Trader replied to Fedra Bianchi's topic in Forex General Discussion
We have to understand this fact that in this business a Loss can happen to us at any time and we need to minimize our losses. -
If we are looking to get the Income from our trades then we will need to learn the proper use of the Money Management skills.
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Many trading stratagems: which one to choose?
FXOpen Trader replied to Gee Dee's topic in Forex General Discussion
We will need to start spending some time in doing this business. In this way we can get more Profits also. -
I am doing my Forex trading with the Right Forex Broker FXOpen Global
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If we will start doing our trades with the Confidence then our trading will also become a lot more easier for us.
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Is it worth to start way on Forex?
FXOpen Trader replied to Michael Jefferson's topic in Forex General Discussion
I am doing m y trading with a Reliable and ECN Forex Broker FXOpen Global from the Year 2010 -
Reasons Why Traders Prefer a Regulated Broker
FXOpen Trader replied to Fedra Bianchi's topic in Forex General Discussion
I have been doing my Trading with the International Reputed and Global Broker FXOpen from the Year 2010 with SUCCESS -
Support and resistance levels in trading
FXOpen Trader replied to Myra Wilson's topic in Forex General Discussion
I have been doing my Trading with the help of the International Broker FXOpen from more than 10 Years now -
All days are important for Forex beginners
FXOpen Trader replied to Myra Wilson's topic in Forex General Discussion
We have to use a Strategy that will help us in deciding which Trading day will help us in making the maximum profits. -
Forex is the best investment market
FXOpen Trader replied to Myra Wilson's topic in Forex General Discussion
In the business of the Forex the main fact is that we need to use such kind of Trading Skills that can help us in earning income from the markets. -
We will need to study the Trends in the markets so that we will know when is the best timings to Open our trades.