How to avoid scams when choosing a Forex broker

  • 13/04/2017 07:25 AM
  • Ignacio Campo
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Whenever you’re looking to make an investment, you are always careful to avoid any potential scams. The same care should be taken when choosing a Forex broker since it’s also a form of investment. Perhaps you should even take more care because the Forex market is decentralized, which would make it easier to fall into a scam, but let’s leave that for another day. For now, let’s focus on the st...

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Top 4 Mistakes Made by Forex Traders and How to Avoid Them

  • 20/03/2017 09:15 AM
  • Amir El Araby
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When you learn that over 95% of Forex traders give up because they lost more money than they earned, you may start wondering if entering the currency market is worth the risk. However, minimizing loss and making a profit can be made much easier if you know how to avoid the major mistakes made by traders. Starting Too Small You will often hear that you don’t need to invest a lotto make it in Fore...

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Learn FOREX: Harmonic AB=CD as a continuation pattern

  • 08/02/2017 15:29 PM
  • Amir El Araby
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In conjunction with different techniques of analysis the harmonic AB=CD patterns can play a magnificent role to define the areas where the trend will continue as we will discuss in the following paragraphs. Actually, AB=CD is one of the simplest formations that can define continuation areas inside channels  as we will see although complex patterns provide more efficient PRZ or rather potential rev...

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Should You Engage in Multi-Terminal Trading?

  • 20/01/2017 16:57 PM
  • Paul Holmes
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Long gone are the days when trading in the foreign exchange market requires virtually uninterrupted focus. Back then, a market participant has to pay a significant amount of attention to the recent market events; if he is regularly up and about, he may have to find a way to settle down since attending to market events is necessary. Now, an increasing number of tools are continuously being introduc...

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Technical Analysis: A Self Fulfilling Prophesy

  • 20/01/2017 16:56 PM
  • Paul Holmes
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Technical analysis is a method of predicting price movements and forecasting future market trends based on historical pricemovements (past market action). If fundamental analysis is concerned with what should happen in the market based on several underlying fundamental factors, technical analysis is focused more on what actually happened in the market. It takes into account only two variables name...

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What are the critical factors to be a successful harmonic trader?

  • 12/01/2017 13:09 PM
  • Amir El Araby
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When you decide to be a harmonic trader, the major rules of harmonic trading must be followed and I say “Must”. Some of the rules I use personally are seen in the following points: *Longer time intervals should be clear and when you see a conflicting pattern or conflicting sigs avoid the instrument until things be clearer. *Candlesticks and divergences are very important when price reaches the awa...

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Forex trading styles

  • 09/01/2017 10:58 AM
  • Amir El Araby
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It is impossible to accurately calculate how many people trade forex on a daily basis but we do know that foreign exchange is the most highly liquid market in the world. With an average daily turnover of around US$4 trillion, consisting of around $1.49 trillion in spot transactions and about US$1.765 trillion in fx swaps- the rest being made up of futures, options and other swaps- FX is the most p...

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Predicting market movements by time cycles

  • 07/12/2016 06:57 AM
  • Amir El Araby
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Introduction: One of the most modern studies that started to attract the technical analysts nowadays is the time cycles and the role it plays in the financial markets. Indeed, time is one of the most important factors in defining the movements of the market as when you study the past of a specific equity you will find the evidence for the famous speech “History repeats itself”. My dear...

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Technical vs Fundamental Analysis (Video)

  • 29/11/2016 09:55 AM
  • Amir El Araby
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Fundamental analysis takes a relatively long-term approach to analyzing the market compared to technical analysis. While technical analysis can be used on a timeframe of weeks, days or even minutes, fundamental analysis often looks at data over a number of years.

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The Advance-Decline Index: A Walkthrough

  • 22/11/2016 08:19 AM
  • MTRADING
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You are asked to gauge the differences of market prices; you are to determine which market prices are heading up and which market prices are going down. Since the result can let you grasp currency performance and market behavior, as well as the probability that it is seeing an eventual reversion, you need to finish the assignment correctly. How, you ask? With a market-movement indicator, of course...

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The Beauty of Chinkou

  • 15/11/2016 07:29 AM
  • Nick James
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Identifying support/resistance areas Out of the Ichimoku Kinko Hyo oscillator elements, the Chinkou is by far the most interesting one and, funny enough, almost totally ignored by traders. In fact, that are traders that effectively delete the Chinkou line from the screen as the relevance of it is considered to be zero. In fact, by doing that, traders just give up to a strong tool for identifying i...

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A Good Deal between Metals and Currency Pairs

  • 07/11/2016 06:36 AM
  • Nick James
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The forex market stands for the relative value of currencies. All trading platforms offer the traditional currency pairs such as the U.S. dollar/Japanese yen, the euro/U.S. dollar, the British pound/U.S. dollar, and the U.S. dollar/Swiss franc. But, it isn’t all about “printed paper”; you can also trade with metals like gold, copper, palladium, and platinum and silver. After all, it’s all ab...

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Results in Demo Contrast with Results in Live Account, Why?

  • 26/10/2016 09:01 AM
  • Amir El Araby
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When we start trading, we believe we can make money in real accounts as same as the money we make in demo accounts, but we realize that it is completely different when trade live since our emotions prevent us from making the same results. I don’t say that to criticize demo trading as it is very important to learn and test the main technical and fundamental tactics. Moreover, trading a demo provide...

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Creating A Trading Plan

  • 25/10/2016 09:27 AM
  • Amir El Araby
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A trading plan is a must. I would be will to bet that virtually all successful traders have one. However, most new traders have no plan. In fact, I bet most new traders barely even have actual reasons for entering a trade. Imagine that you are planning to loan money to a new business as an investment. Could you picture yourself lending money to this person if they had no business plan and said the...

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10 Trading Rules To Be Kept In Heart

  • 24/10/2016 06:45 AM
  • Amir El Araby
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There are many characteristics and skills required by traders in order for them to be successful in the financial markets. The ability to understand the inner workings of a company, its fundamentals and the ability to determine the direction of the trend are a few of the key traits needed, but not one of these is as important as the ability to contain emotions and maintain discipline. Introduction...

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Learn FOREX: Define trends and reversals using Parabolic SAR Indicator

  • 16/10/2016 11:35 AM
  • Amir El Araby
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Traders are frequently attempting to mitigate their losses by learning how to manage their desks. One of the most efficient technical indicators that are designed for risk management is known as Parabolic SAR. So many traders know this technical indicator as a (stop and reverse) indicator which was created by J. Welles Wilder with the goal of defining market trends. The figure below is a simple ch...

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A trading strategy to be tested

  • 13/10/2016 16:17 PM
  • Amir El Araby
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Discipline in the financial markets is the main clue for achieving success and that is why many experts created so many trading strategies and systems with specific rules that should never be infracted once they proved their accuracy. Used Time Frame: H4 Indicators: 1) Simple moving averages 7 and 15 2) RSI 14 Other tools: Trend line Signal: 1) When SMA 7 crosses over SMA 15. 2) RSI should support...

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Trading binary options: A viable financial option

  • 03/10/2016 01:03 AM
  • Nick James
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The surge in the popularity of binary options has been mainly due to the fact that it’s the most reliable and efficient way of earning profits from financial industry in the shortest possible time. Its counterpart Forex trading has more to lose in case if a trade goes wrong. No leverage exists in the case of trading binary options. All it takes is calculated and analyzed decisions which can return...

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How to Determine the Forex Trading System That Suits Your Style

  • 26/09/2016 19:03 PM
  • Admiral Markets
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What Is a Trading System? A trading system is the set of techniques and methodologies investors use when conducting transactions. In general, you should use a trading system to identify the perfect time to buy or sell a currency. Because the number of forex traders has increased, new trading systems have been developed. This wide range of available systems may confuse inexperienced traders. This a...

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Making money with Inertia indicator

  • 13/09/2016 07:12 AM
  • Amir El Araby
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Inertia indicator is one of momentum indicators, which has appeared in the (Stocks & Commodities) magazine in the issue of September 1995. From the   physics realm, the term inertia has been taken, describing the mass and direction of motion. Inertia is one the most powerful The name itself (Inertia), has been chosen by the Donald Dorsey who introduced the indicator. He declared that the trend...

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