Author: rcanessa - Page 27

Free Forex Signals From XM Broker

The online broker XM (a company regulated by organizations such as CySEC), specialized in Forex and Contracts For Difference, is offering a free Forex signal service for all clients who have a real trading account with this broker. These signals are sent daily and are generated by the company’s main technical analyst, who has years of experience trading in the financial markets.

All XM clients who have a live account will have free and unlimited access to the trading signal service, which will be available in the member’s area. The trader has the possibility to download at no cost the analysis of the financial instruments of both the current date and previous dates.

These trading signals are mainly offered for traders interested in major currency pairs like EUR/USD and GBP/USD, commodities like gold and crude oil, and stock indices like Dow Jones.

Gann Square of Nine – Features and Secrets

by rcanessa

For years, the interest of numerous market scholars has focused on W.D. Gann, the architect of very successful market predictions. Eager for knowledge, a plethora of speculators have tried to find out how Gann was able to obtain such a level of precision, making such wise market predictions. For example, in number two of the fifth volume of the magazine Ticker and Investment Digest (December 1909), it is mentioned that Gann carried out 286 trades in the presence of William E. Gilley, of which 264 were successful. Therefore, his win ratio reached a spectacular 92%. In that 25-day period covered by the article, Gann was able to double his starting capital ten times.

Among Gann’s many speculative techniques, perhaps the most famous is the one known as the Square of Nine, one of his most mysterious calculations and trading systems.

Hull Moving Average – Ultimate Guide

by rcanessa

Description of Hull moving average (HMA), a little-known type of moving average that almost eliminates lag in relation to price action compared to traditional moving averages.

A moving average over the price of a financial asset, such as a stock or currency pair, is a high-value trend indicator. It is possibly the most famous and widely used trading indicator of all.

Typically, the three most commonly used classic moving averages are as follows: simple, exponential, and weighted.

But today we are going to explain a little-known moving average, which is considered by many to be one of the best that exists.

It is the Hull moving average.

Forex Market Session Indicator for Metatrader 4

by rcanessa

In this article, we are going to present an indicator for Metatrader 4 designed to show the main sessions of the Forex market in the price charts of the markets we are analyzing. Basically, it shows the beginning and end of each of the most important market sessions and the periods when they overlap. Graphically, this indicator displays the following trading sessions:

American market session
European/UK Market Session
Asian Market Session
The periods in which two sessions overlap each other (usually they are periods of high activity in the markets).

The QQE (Quantitative Qualitative Estimation) Technical Indicator

by rcanessa

The Quantitative Qualitative Estimation indicator (abbreviated QQE) is a mystery since nobody currently knows who its author is. Originally designed to create an indicator that is capable of signaling the trend while detecting overbought and oversold levels, the QQE consists of a smoothed version of the RSI on which two dynamic levels are calculated (Fast Trailing Level and Slow Trailing … Read more

Tutorial – Open a demo account on Tickmill

by rcanessa

In this article about the Forex broker Tickmill, we will talk about all the necessary steps for opening a demo account with this company. Demo accounts have virtual funds that can be used by the trader to invest in the markets without any risk. They also present exactly the same information and market prices in real-time as in real accounts. … Read more

Noise free Forex trading system with Heikin Ashi candles

by rcanessa

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.

Monetary Policy – Definition and Types

by rcanessa

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.

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

by rcanessa

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.

Review of Tickmill – Forex Broker From UK

by rcanessa

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:

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