Monday, May 17, 2021

BEST FOREX SIGNAL PROVIDER

 

BEST FOREX SIGNAL PROVIDER

 

A forest signal is an indicator derived from a factor or combination of factors that suggest and optimal time to buy or sell a currency pair.

 

Here is a list -

 

1) FOREX. COM -- best overall.

 

2) LEARN TO TRADE -- best for new traders.

 

3) FOREXSIGNALS .COM -- best for daily live streams.

 

4) 1000 PIP BUILDER -- high quality.

 

5) FOREX SIGNALS FACTORY -- best free signal provider.

 

6) MQL5 -- best for filtering.

 

7) FOREX GDP -- best subscription.

 

So these were the best signal providers in the recent year of trading.

BEST FOREX E - BOOK FOR BEGINNERS

 

BEST FOREX E - BOOK FOR BEGINNERS

 

There are plenty of books on the subject of currency trading, ranging from basic introduction to the forex market to advanced strategies.

 

 Here is a list of great books with the name of their great authors

 

1) Currency trading for Dummies , by BRIAN DOLAN.

 

2) Day trading and swing trading the Currency market , byKATHY LEIN.

 

3) Japanese candlestick charting techniques, by STEVE NISON.

 

4) How a living trading foreign exchange, by COURTNEY D.SMITH.

 

5) Forex trading : The basics explained in simple terms,  by JIM BROWN.

 

The world of foreign exchange can be demo raising event to experienced hands on investors that's why these books help the traders a lot.

BEST FOREX PAIR TO TRADE INTRADAY

 

BEST FOREX PAIR TO TRADE INTRADAY

 

Traders actively day trading will likely trade the pairs with the lowest spread as a percentage of maximum pip  potential.

 

Here we are going to have a list of best how to trade intraday :

 

1) EUR / USD

 

  Daily average range (12) : 105.

 

spread : 3.

 

 2) USD/ JPY

 

daily average range (12) : 80.

 

spread : 3.

 

3) GBP /USD

 

Daily average range : 128.

 

spread : 4.

 

4) EUR / JPY

 

Daily average range :121 .

 

spread : 4.

 

5) USD/ CAD

 

Daily average range : 66.

 

spread : 4.

 

6) USD / CHF

 

Daily average range : 98

 

spread : 4.

 

7) GBP / JPY.

 

Daily average range : 151.

 

spread : 6.

 

NOTE : SPREAD IS CALCULATED AS A PERCENTAGE OF MAXIMUM PIP POTENTIAL.

Can we start forex trading with $ 100 ?

 

Can we start forex trading with $ 100 ?
 

Yes we can do Forex trading with $ 100, but for this, we need a Forex broker who accepts a minimum trading hundred dollars or less deposit

 

Forex broker is some forex broker like Alpari FXTM which accept minimum hundred dollar deposit

What are the things we should keep in mind while forex trading ?

 

What are the thingswe should keep in mind while forex trading ?

 

Although we have to take care of many things while trading, but there are some basic functions that we should take care of while trading.

 

First thing, whenever we enter a trading, we should take care of its stop loss and target price.

We should not enter a trade without stop loss



Can we take forex trading as a profession?

 Can we take forex trading as a profession?

 

Yes, we can take forex trading as a profession, but we need to start slow in this profession, for forex trading, we have to know technical analysis, it is very important that without this we cannot do forex trading.

 

First, we should learn to make income by trading part time in the setting, after that when we start learning it closely and start making some profit, then we should increase the funds and time in it.

Can We Become Rich By Forex Trading ?

 

Can We Become Rich By ForexTrading ?

 

Forex trading can make us rich but short trading strategies depend on whether we keep intraday trading swing trading or currency for a long time.

Monday, May 10, 2021

EURUSD Daily Forecast

EURUSD Daily Forecast

 Eurusd technical analysis


Right now Eurusd is trading at 1.2156 level and it has made its support level on very short time trading chart. Now its 5 minute chart target for you 1.2170 level


It was trading in the range bound trading range for some time now, if it continued to trade on it after loving the 1.2170 labels, it could go up.





Friday, May 7, 2021

BEST TRADING PLATFORMS FOR BEGINNERS IN 2021

WIDELY USED BEST TRADING PLATFORMS FOR BEGINNERS

 

If you are a new trader in the market of foreign exchange know about all the platforms which are traders friendly and suits you more as a beginner, here is the list , which can help you :

 

1) PLUS 500 -- best for beginners overall.

https://www.plus500.com/

 

2) E - TORO -- best trading platform for copy trading.

https://www.etoro.com/

 

3) AVATRADE -- quality educational resources.

https://www.avatrade.com/

 

4) XTB -- best customer services as well as great education.

https://www.xtb.com/int

 

5) OANDA -- quality research, user friendly platform.

https://www.oanda.com/bvi-en/ 


Best platform for beginners offers the user friendly web-based, strong variety of educational resources provide access to quality market research.

BEST TRADING PLATFORMS USED BY PROFESSIONAL TRADERS IN 2021

 

BEST TRADING PLATFORMS USED BY PROFESSIONAL TRADERS

 

Being a trader in the market of foreign exchange you need a platform, Here is a list of trading platform used by the traders:

 

1) IG  -- best for researches. -

https://www.ig.com/en


2) CMC -- best web trading platform, most currency pairs.

https://www.cmcmarkets.com/en/

 

3) INTERACTIVE BROKERS -- best for the professional traders.

https://www.interactivebrokers.com/en/home.php  


4) PEPPER  STONE --   best desktop platform.

https://pepperstone.com/en/


 5) TRADE STATION -- best platform Technology.

https://www.tradestation.com/

 

6) FIDELITY -- best order execution.

Trading & Brokerage Services - Fidelity

 

So basically here we have learnt about what are the mostly used platforms are and what specialization in their work are there.