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Etoro's recently released OpenBook Beta version is at the very least a good way to spend half an hour observing how retail traders are betting on the currency markets, but is it really a useful tool?Before assessing the tool, for anyone who hasn't used it we'll look at what it actually does. Before that though, it's description as a tool may be commented on, as it is not what people think of when the term tool is used. It can be used as a tool,...more
With the global recession nowadays and economic downfall, a lot of major businesses have faced collapse. Unemployment has crept up in double digits and in this time of want, it may seem impossible to make millions and be richer every year. However, in this downturn, there are still some investors who have netted billions because of their optimism and with the right tools. One of the more neglected markets in investment terms is the foreign currency exchange market or forex. Forex is the most liquid market of all, making almost $3 trillion daily with foreign currency trading. Although currency trading is a great risk, the financial rewards that come with it are overwhelming, especially during these times. The currency market is a difficult one to play and a lot of investors have lost a great deal in the past in this area. However, with the advent of technology, forex investors now enjoy an easy way to make money in this lucrative market through the use of a Forex robot. Forex involves a lot of complex mathematical analyses and runs 24 hours a day. Many important markets are on the other side of the world and their economies are not closely followed by the local news. Many have opted...more
Fap Turbo is an amazing Forex robot that was introduced two years ago and has in excess of 20,000 users. It is a Forex Robot that is standing strong with the passage of time This system has had to provide results or it would have been a remote memory by now.Fap Turbo is a ATM machine, its a autonomous Forex robot that makes money on steady...more
Here is a quick overview of forex indicators explained. A forex indicator is one that provides guidance on future currency movements. There are different types of indicators, as well. For instance, there are technical indicators which analyze chart patterns and there are also economic indicators, which look at various macro economic...more
Here is a synopsis of these forex indicators explained. The purpose of an indicator is to provide guidance to an inflection point where change may occur. A forex indicator signals a change in currency price direction. There are basically two types of indicators. One type is referred to as technical and the other is considered economic. The technical approach focuses on chart patterns and price fluctuation measurement such as, RSI or relative strength index, MACD or moving average convergence divergence, stochastic oscillator, as well as other chart patterns. Economic indicators focus on macro economic factors, such as GDP growth, retail sales, CPI, industrial production, and unemployment.First, we will look more closely at the technical signals. To ascertain which direction, up or down, is more prevalent, the RSI is a useful gauge. This normalized indicator compares the positive moves versus the negative ones. This comparison generates values from zero to one hundred. Hence, a ratio of over seventy would indicate an overbought situation and a value below thirty would indicate an oversold condition relative to expectations.Another technical indicator compares the...more
Below we provide a composite of forex indicators explained. An indicator, in general, is one that signals a change. In forex world, it means currency fluctuations. Currency fluctuations are affected by several factors. To monitor or...more
Long gone is the time when just banks and private institutions could trade the Forex market. Today, people have access to trade their own money, and lots of it. The particular trade of foreign currency has since been open to individual traders, main...more
If you're a potential investment player who'd like to make it big in the business and financial world, then you go for forex trading. The FOREX, also known as the foreign exchange market is one of the largest financial markets in the...more
Before, the forex market was limited only to long-term investors, banks and people who have greater capitals. The trading occurs via an agent or voice broker who will inform clients on what is going on. Later on, it was been replaced by...more
That's not a problem. No matter if you're new or an advanced trader, Supra Forex is highly intuitive and gives you all the steps you should follow. All you need to do is to place the orders with your broker. That's it! If you feel you...more
Ever stumble across an idea that's so brain dead simple fast & profitable and sure to work you think to yourself:"This must be against the law?"Jason Fielder just released 5 little known forex cheats, loopholes and hacks that will...more