Author: rcanessa - Page 23

Wundebit Trading integrates Deribit to its social trading platform

Key facts:

Wunderbit Trading is integrated to various trading platforms such as: Binance, FTX and ByBit. Wunderbit Exchange allows buy and sell trades with Bitcoin and Ethereum with credit cards and Skrill.

The Wunderbit Trading platform is a product of Wunderbit, a Fintech company established and regulated in Estonia. This company makes cryptocurrency trading an easy and entertaining experience, where any user could make a profit even without technical knowledge. But how is this possible? Simple, Wunderbit Trading allows its clients to copy and replicate the same transactions and movements with cryptocurrencies that the best traders of the platform carry out. Just copy the strategy of a specific trader who has a good performance record and then just waits for the results.

Complete eToro Tutorial for Beginners

by rcanessa

In this tutorial we are going to talk about eToro, an online broker totally different from the ones we all know since it is based on a social network where traders share their market trades, being able to copy them quickly and easily.

eToro has been offering its online services since 2006, providing the user with the best technology in the Forex sector, currently becoming the world leader in social trading, with more than 6 million registered investors. One of the biggest advantages of this broker is that its clients can open a demo account with hardly any restrictions, which serves to learn and test their entire platform without facing any risk.

Tigerwit Copytrading Platform

by rcanessa

The Forex broker Tigerwit offers a copytrading service to all its clients that allows to automatically copy the trades of successful traders directly in their trading account. It is a free service that offers opportunities for both beginner and experienced traders to make money in the markets.

Beginners can take advantage of the knowledge and experience of experts who trade with winning trading strategies and have achieved long-term profitability. This allows even investors with little trading knowledge to make money on the Forex. For their part, the most profitable traders can obtain additional income from their strategies, allowing them to be copied in real time by other traders, obtaining a 20% commission on the benefits obtained by their followers.

Next, we will explain how to make money on the Tigerwit copytrading platform as a follower or signal provider (Trading Master).

You can learn more about the Tigerwit company and its brokerage services in the following guide on this broker: Tigerwit Broker Analysis

A Map of Forex Traders: Where Are the 9.6 Million Online Traders?

by rcanessa

The Forex market has been particularly active since the 1970s. It has become the world’s largest financial market, with an average daily trading volume growing from around 1.2 trillion in 1995 to 5.1 trillion in 2019, according to figures from the Bank for International Settlements.

Although large financial institutions and banks are responsible for a substantial part of the trading volume in this market, modern technology has also made it accessible to a broader customer base. Forex brokers have developed easy-to-use online trading platforms, which have simplified the trading process, and made it available from almost anywhere in the world.

In fact, 9.6 million people worldwide are now online traders – that is, 1 in 781 people.

Strong enthusiasm in the markets following the business IFO survey

by rcanessa

The German IFO survey is one of the most studied, since it shows the status of the largest economy in the eurozone. It frequently indicates the economic evolution of the entire euro area and, in addition, it generates immediate effects on the common currency: the euro. This week, the IFO survey has shown that business confidence levels have risen sharply. To be … Read more

PayPal Seeks Blockchain Engineer Amid Rumors of Its Cryptocurrency Adoption

by rcanessa

PayPal included blockchain in the Strategic Technology Enabling office. According to anonymous sources, PayPal will offer cryptocurrency trading in the short term. The company PayPal Inc. is looking for an engineer for its blockchain research group, which is part of the Strategic Technology Enabling office. This search coincides with the rumors that this company is about to offer cryptocurrency … Read more

Free Forex Webinars of XM Broker

by rcanessa

The Forex and CFD broker XM, a company regulated by CySEC and other financial services regulators, offers a series of free trading webinars every week for all its clients, which are focused on various topics such as the Forex market, market analysis tools (mainly technical analysis indicators), trading psychology, trading strategies for beginner and experienced traders and other related topics. The webinars are taught by expert traders and analysts with real experience in the markets.

The webinars are free and all interested traders can participate. Currently, XM organizes multiple webinars every week in several languages, including English, Spanish and Arabic. For example, on Wednesday, April 24, 2020 the company will organize the following webinars in English, whose topics will be “Introduction to Japanese Candlestick Patterns“, “Risk Management I” and “Take advantage of volatility (Bollinger Bands)“.

North Korean connection: in the footsteps of major crypto thefts

by rcanessa

Authorities trace the theft and laundering of cryptocurrencies related to North Korea.
The OXT firm performs an analysis of the transactions involved and reveals the laundering methods.

A new report delves into the methods used by hackers affiliated with North Korea to launder stolen cryptocurrencies from their victims, primarily from crypto exchanges.

Based on the analysis of civil lawsuit number 20-606, filed on March 2 before the United States judicial authorities, the OXT firm analyzed the movements and transactions of Bitcoin and other networks, discovering the methods used by cybercriminals to hide their illegitimate transactions in cryptocurrencies.

The Best Forex Daytrading Strategies III

by rcanessa

In this article we will continue with the series of articles on scalping and daytrading strategies based exclusively on Price Action that may be useful for you to trade in Forex, although they can also be adapted to other markets.

These strategies are based on the identification of classic price patterns from technical analysis.

You can access the second article in the series at the following link: The Best Forex Daytrading Strategies II

USD/MXN: Dollar recovers advantage as risky assets falter

by rcanessa

Fears of a second wave of contagion dominate sentiment earlier in the week
USD/MXN is consolidating the correction thanks to the demand for safe-haven assets

After Thursday’s blow to the Mexican peso along with other emerging currencies, risk appetite returned to end the week as two-thirds of Thursday’s losses recovered on Friday, leaving USD/MXN only 3.6% higher in a week dominated by the Fed’s grim recession warning, as Covid-19 cases re-emerge worldwide.

But this week begins with complications for the Mexican peso, which has fallen 2.5% against the US dollar since Friday’s close. Added to the weakness of the peso is the drop in oil prices, with a 4.5% drop in US crude since the start of the new week, as a surprising increase in US inventories gave another blow to the commodity, which has lost $5 a barrel from last week’s highs.

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