Binary options trading recommendations and brokers opinions: Forex trading carries high levels of risk and for that reason we can refer to Forex as “difficult”. It’s risky and difficult because the market could anytime move against you but if you know what you are doing you can implement tools that will limit any loses that may occur so once you know what you’re doing you may find it easy but this will take some time..If you ask yourself the question “Is Forex trading easy or difficult?”, we are saying it may seem difficult at first but once you learn how to trade and how to anticipate and manage accordingly you’d be in a much better position.
A signal to open a CALL option will rebound upwards from the bottom of mid-channel for PUT-option – top-down from the top edge of the middle. With the right approach to money management, countertrend strategies give 7-8 profitable binary options signals out of 10. Moving average as a basic trend indicator: The reliability of the most popular Moving Average (MA) indicator is ensured by the concept of the average price value for the estimated period of time. It is the moving average that most accurately tracks the direction and strength of the trend on the price chart: if the average looks up, the trend up it moves down, it falls. The benefits of the Moving Average movement indicate the strength of the trend – the larger it is, the longer the movement.
The profitability of forex arbitrage directly depends on the speed of connection with the supplier of quotations and the broker’s trading terminal. The smaller the ping, the better all the performance indicators of the adviser. As a result of long testing of all suppliers of quotations, we identified the optimal ratio of the speed of the supplier of quotes, the VPS server where the arbitration system is installed and the broker server locations. Suppliers of quotations number one for trading on brokers whose servers are located in America include RITHMIC, CQG, CTS T4, Interactive Brokers. These providers receive data directly from the exchanges, providing instant data retrieval speed. Suppliers of quotations number one for trading on brokers whose servers are located in Europe include LMAX, Gain Futures OEC, Saxo Bank, IQ Feed. These providers receive aggregated quotes from global banks and brokers, providing instant data acquisition speed.
I am an active trader, I have been trading in the 70 Trade for years now. When I started, I had little money, so I counted on the leverage, which at 70 Trade was more convenient then and now than other brokers. 70 Trade analytics is one of the most powerful, and in previous years, and even more so now. In a way, 70 Trade are pioneers in the Forex, the rest follow them. I use MetaTrader 5 software for trading, no complaints. But once again I emphasize: I am an active trader and even when I started, I was in the subject, it has its own specifics, I don’t know how things will go for those who are right from scratch and do not want to actively delve into it. Find more details on 70 Trades India: my opinion and review.
The first strategy uses the CCI (Commodity Channel Index) oscillator. The indicator is designed for the stock market but is actively used in Forex as an indicator of critical zones and possible pivot points. The main idea is that the price changes cyclically, and extremes appear at certain intervals. CCI should identify extreme prices and signal in time that the current trend is weakening or changing direction. PUT-option is opened when CCI falls below the level of +100 (overbought), CALL-option when it is above -100 (oversold) and crosses the zero level. For manual trading you can open trades immediately after the release of +/- 100, there are zero levels will be an additional filter.
FOREX is a dangerous activity and you should learn the basics yourself before starting. How to become a successful part-time Forex trader when you are afraid of the missed opportunities to buy and sell considering how fluid and dynamic the Forex market is? How to trade sporadically throughout a small portion of the day or night and still be able to make a profit on the side? You see, you don’t have to be in front of the charts all day long in order to be a successful trader and enjoy Forex for living. In fact, not being in front of the charts round the clock can be a huge advantage for you! Let’s find out more!