Author: rcanessa - Page 18

Although rising against the dollar, altcoins lose value against bitcoin

Binance coin (BNB) fell over 13% compared to bitcoin.
Only Chainlink (LINK) performed close to that of bitcoin last week.

The upward momentum that the bitcoin (BTC) price has experienced recently has spread, as it usually happens, to the rest of the cryptocurrencies in the market. However, while the major altcoins have risen in value against the dollar, the story has been different when compared to BTC.

In its most recent weekly report, published this Monday, the firm Glassnode highlights how the bull market has given a greater boost to bitcoin than to other major cryptocurrencies, including ether (ETH) from Ethereum, bitcoin cash (BCH), chainlink (LINK ), polkadot (DOT), ripple (XRP) and binance coin (BNB).

Modified Indicator Forexorama – MACD For MT4

by rcanessa

The Forexoma-MACD is a modified indicator designed for the Metatrader 4 platform which is based on the MACD technical indicator. It was designed to be easier to read for the trader, as standard MACD signals can be somewhat complex for the beginner trader. In addition, it is designed to detect trend changes earlier as we will see later. It is a color-coded indicator which changes its color as soon as the analyzed asset changes trend.

This allows traders to detect the market trend much earlier than they could with the conventional MACD on the MT4 platform. The Forexoma-MACD actually works as a histogram whose bars change their color according to the current trend. Using the conventional MACD indicator on some occasions can cause traders to open their positions in the market when most of the price momentum is diminishing. This causes the trader to lose valuable pips of profit that could be obtained if he opens his positions earlier.

NordFX Review 2025 – Regulated ECN Forex & CFD Broker

by rcanessa

NordFX – ECN/STP broker specialized in Forex and CFD -Regulated by organizations such as CySEC -Tight spreads and low commissions Visit Broker Website NordFX – Forex Broker Review In this review, we present one of the most important brokers in the market, NordFX, an international broker with more than 12 years of experience operating in the financial markets. Stay until the … Read more

This is what you can (or cannot) do with bitcoin and cryptocurrencies in PayPal

by rcanessa

PayPal users will not be able to withdraw their bitcoin funds to an external wallet.
Bitcoins cannot be sent to other Paypal accounts.

PayPal announced this Wednesday that its users will be able to buy, sell and pay with bitcoin and cryptocurrencies from its platform. However, some of the details about the service raise doubts about the handling of funds in bitcoin and the possibilities of use that users will have.

Almost 200,000 bitcoins have been withdrawn from major exchanges

by rcanessa

The BitMEX platform saw its reserves reduced by 49.55% in the penultimate quarter of the year. Data suggests that the number of users preferring non-custodial storage increased. Bitcoin reserves on exchanges such as Coinbase, OKEx, and BitMEX have dropped considerably in the penultimate quarter of the year. This is recorded by the BitUniverse platform, which calculates a decrease of more … Read more

Avatrade Commissions 2026 – What are the Avatrade broker commissions?

by rcanessa

In this article, you will discover, clearly, what are the commissions that the AvaTrade broker charges for its financial brokerage services. AvaTrade is an online broker specializing in Forex and other financial instruments (through CFDs). It started its activity in 2006 and its main headquarters are in Dublin (Ireland) for which it is authorized and regulated by the Central Bank … Read more

Binary Options on Currencies

by rcanessa

In recent years, in the community of financial markets many traders of all types (large and small) have chosen to trade with currency pairs in the Forex market for various reasons. Part of the appeal of trade in the Forex market, either through Forex spot market or traditional options on currency pairs, is that the prices of currency pairs are in constant motion. We currently live in an interconnected world where a change in the US economy, for example, not only have an impact on the US dollar but also in other currencies such as the euro, Australian dollar and Japanese yen.

If a trader makes the decision to trade binary options on currency pairs, it is important to develop a trading strategy which necessarily requires an adequate understanding of the interrelationships between currencies. For example, if we are trading with options based on the USD/JPY, it is important to have a clear idea about the yen sensitivity to changes in the dollar. Learning the basis of the behavior of the currency pairs in the Forex market is essential to maximize opportunities when trading binary options based on these instruments.

Market Facilitation Index (MFI) Indicator – Interpretation & Signals

by rcanessa

The Market Facilitation Index (MFI) is a technical indicator developed by Bill Williams which analyzes the change in the price of a financial asset in connection with its trading volume, ie analyzing the change in price for each volume unit.

In much simpler words, the Market Facilitation Index (MFI) is an indicator based on the trading volume in the market. The difference between the MFI and the traditional volume indicator is that it does not take into account variations in prices, it only takes into account the number of shares or contracts that are traded in a market. The market facilitation index goes further. That is, it takes into account price variations and, at the same time, the volume traded.

Trade Like A Champion Competition of EasyMarkets

by rcanessa

EasyMarkets Trade Like A Champion Contest

To commemorate the first season of its association with the famous soccer team Real Madrid C.F., the broker EasyMarkets is launching the “Trade Like A Champion” trading competition that will last 60 days with a prize of 10,000 USD in cash for the first place. All the company’s clients can participate in this tournament and they all have the same chance of winning.

There are no volume or deposit limits to enter the contest and the winner is calculated based on the percentage of their winning trades, not their trading volume, which means that everyone is eligible to win if they complete 30 trades within the 60-day competition period.

-Competition period: This trading tournament will last 2 months and will be held from October 1 to November 30, 2020.

What is a K-shaped economic recovery?

by rcanessa

The outbreak of the COVID-19 pandemic brought an unprecedented slowdown to the world economy. Now, economists wonder what kind of economic recovery awaits us.

With COVID-19 spreading around the world and much of the world’s population confined, the economy stopped, global GDP fell sharply, and jobs were massively destroyed. With the world trying to return to a new normal and states trying to grease the economic machine, analysts are trying to explain what the economic recovery will look like.

Looking for a way to describe the resurgence of the economy, they have turned to the alphabet. This is where we speak of a recovery in the shape of U, V, W and L. But, the letter chosen by most economists to interpret the current economic outlook is K.

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