rcanessa

Noise free Forex trading system with Heikin Ashi candles

by

In this article, we are going to explain a simple trading system with Heikin Ashi charts to eliminate “market noise” so that we have a clearer picture of price action and especially trends. In this case, the methodology makes use of several modified indicators for Metatrader 4 based on Heikin Ashi candlesticks, which we include below for free download. Therefore, this system can only be used on this trading platform. One of its advantages is that it includes an alert indicator that shows us precisely when we must enter the market.

Basically, it is a trend-following system that seeks to enter the market during price corrections, in such a way that it gives us the possibility to open new positions at better prices. Its rules are quite clear and include rules for placing the stop loss and take profit target (based on another custom indicator).

As always, it is recommended to test this system in a demo account before using it to trade with real money.

Read more

Monetary Policy – Definition and Types

by

Monetary policy is the discipline of economic policy that controls monetary factors to ensure price stability and economic growth.

It brings together all the actions that the monetary authorities (central banks) have to adjust the money market. Through monetary policy, central banks direct the economy to achieve specific macroeconomic objectives. To do this they use a series of factors, such as the money supply or the cost of money (interest rates). Central banks use the amount of money as a variable to regulate the economy.

Read more

EUR/USD falls below 1.1000 at the end of the first quarter of 2020

by

The end of the quarter has caused a volatile session in the currency market, increasing demand for the USD. Due to this, the EUR/USD fell below 1.1000, a key support to determine the trend.

The US dollar moves higher against major currencies and emerging currencies in the session on Tuesday, breaking a week of declines, as investors prepare for prolonged uncertainty and governments proceed to tighten the containment rules to fight against coronavirus pandemic.

It should be noted that we are on the last day of the first quarter of 2020, which means that the investment portfolios will be balanced, which is expected to support the dollar. Demand for the dollar was evident in the Asian session and could have been the cause of a sharp drop in the Australian and New Zealand dollars. But keep in mind that the markets may have some liquidity during the Asian session. Therefore, the focus will be on adjusting the European session at 17.00 to observe the volatility of the currencies.

Read more

Review of Tickmill – Forex Broker From UK

by

Review of Tickmill

Tickmill

– ECN/STP broker from UK specialized in Forex and CFD-Regulated by organizations such as FCA

-Very low spreads from 0 pips

-Low minimum account deposit of $25

Visit Broker Website

Tickmill – Broker Review

Tickmill is a regulated CFD and Forex broker that was founded in 2011. It has its headquarters located in the United Kingdom and also has offices in Seychelles. Indeed, in the United Kingdom, this broker operates under the company Tickmill UK Limited, which is regulated by the FCA, while in the Seychelles it operates under the company Tickmill Limited, which is regulated by the FSA Seychelles.

It is characterized by the variety of services offered to its customers in addition to the regular trading accounts, such as a NDD execution, various trading accounts for clients with different profiles, trading contests for clients (demo and real accounts competitions), various types of trading platforms, regular promotions and others.

In the following review we will describe the main services of this online broker:

Read more

Reserve Currency – Definition and Concept

by

A reserve currency is the one used as a means of payment in international transactions due to its confidence. In other words, investors expect their value to be maintained over time. Currently, the dollar is the currency that mainly meets these characteristics.

An important part of the international reserves of each country is denominated in some reserve currency. The bodies responsible for pursuing this objective are the central banks.

Reserve currencies also serve to set the prices of commodities such as oil, gold, and other raw materials. The same happens with financial costs and international transport.

Read more

Efficient Market – What is it, Definition and Concept

by

An efficient market is one in which the prices of the assets traded in it reflect at all times the information available on the market.

Financial asset prices react strongly to market information. When the information is released, the different market agents analyze it and use it to make decisions. So this information is incorporated into the price as it arrives.

Therefore, the more information on the market, the greater the efficiency of prices and the greater reflection of the fundamental value of assets. In this way, an efficient market can be considered as a market in which assets are quoted at their fair price and this price also truly reflects their real value at all times.

Read more

Trading Strategy with the Non-Farm Payroll (NFP) Indicator

by

The Non-farm payrolls (NFP) indicator is the report on total salaried workers in the United States except agricultural jobs, government workers, nonprofit workers, and private domestic workers. Today it is a key economic indicator for the United States.

The publication of the NFP report causes very wide movements in the Forex market, which are among the largest movements produced by the publication of economic news. This is why many analysts, investors, speculators, and investment funds try to anticipate the result of the NFP and the movement it will cause. Due to this great expectation before the publication of this economic indicator, the market can react with wide movements even when there is no deviation between the forecast and the final result of the NFP.

In this article, we are going to discuss some trading aspects related to this economic indicator, especially to avoid the exposure to excessive risks due to the high volatility that the release of the NFP can cause.

Read more

The coronavirus crisis slows the world economy and collapses the stock markets

by

Historical falls for the stock market due to the coronavirus crisis. The health crisis has been joined by an economic crisis. Governments have to decide which one they prefer to focus on. And they are hardly going to stop both at the same time.

Let’s focus first on the thermometers of the global economy. The S&P 500, which accounts for almost a third of the world market capitalization, this week had its fifth largest drop in the stock market (-11.5%) since the Second World War. The MSCI World has also fallen by -11.12%. This in economic terms represents losses of almost 10 trillion dollars in the accounts of investors, that is, the sum of the GDP of Germany, the United Kingdom, France and Spain. Not bad for a single week.

Read more

+ More