HotForex improves the conditions of their trading accounts

HotForex improves trading accounts

HotForex is a global broker specialized in Forex and CFD which is constantly looking for new ways to enhance their clients’ experience. Recently, the company have just made some great improvements to their trading accounts, including the reduction of the minimum deposit, the increase of the maximum leverage and the reduction of the trading commissions.

New conditions of HotForex accounts

Clients with Premium, Zero and Auto accounts will now be experiencing the following changes:

Read more

What is the Fed? – The United States Federal Reserve

The Fed, Federal Reserve System, is the central banking system of United States whose objectives, according to the documentation of the entity, is to make the monetary policy decisions of the country, supervise and regulate banking institutions, maintain the stability of the financial system and provide financial services to deposit institutions, the government of the United States and official foreign institutions.

In other words, it is the Central Bank of the United States. It was created in 1913 through the Federal Reserve Act, mainly as a response to a series of financial panics, especially the one of 1907.

Read more

Bitcoin Markets Trend For 2019

As proven in 2017, Bitcoin markets are overly sensitive in their reactions. In 2017, Bitcoin price soared by 1,800% to peak at over $19,000 and generated a market capitalization of over $250 billion. In contrast to 2017’s movement, the turmoil during 2018 led cryptocurrencies into a great crash. Bitcoin had a total market capitalization of around $65 billion by the end of 2018, reversing 70% of its 2017 market value in a year marked by volatility and higher volumes.

Bitcoin markets started the year on a smooth downwards swing. The hacking of the Japanese exchange Coincheck at the end of January, China’s talks regarding cryptocurrency banning and Facebook’s ban on cryptocurrency and ICO advertisements were some of the factors that added pressure on Bitcoin’s price. Certainly, it has not been a good period for the most famous cryptocurrency and the sector in general.

The US Securities and Exchange Commission (SEC) also had a negative effect on Bitcoin markets after rejecting BTC ETFs. A further drop was seen in September, which is believed to have been caused by a single wallet discharging nearly $1 billion of BTC into the market.

Read more

The Sortino Ratio – good and bad volatility in your investments

The Sortino Ratio

To correctly analyze the performance of investments in the stock market and other financial markets, it is always advisable to relate profitability with respect to risk. One of the most used ratios for this is the Sharpe ratio. But today we will see that it is possible to further refine this measure using the Sortino ratio. Both ratios serve to measure the expected return of an investment fund, calculated on the expected return of an asset without risk, however, they present a series of subtle differences that we are going to show next.

Read more

6 Steps to Create your own Forex Trading System

The main objective of this article is to guide you through the process of developing your own trading system to trade in Forex.

Although devising a system may not take too long, it can take a long time to prove its effectiveness. So, you must be patient, because in the long term a good Forex trading system can generate you a lot of money. Therefore, it is worth investing the necessary time to create, evaluate and implement a winning strategy, since a losing system can cause us a lot of losses in terms of time and money.

For this purpose, the following tips can help you in this process of development and evaluation.

Forex trading system

Read more

Analyst forecasts that Amazon shares will exceed their historic highs

After a year-end crash that rang several alarms (there were losses of up to 30% in the fourth quarter of 2018), Amazon shares are given a good reprieve in the stock market. In fact, the largest e-commerce company in the world has marked a bullish path so far in 2019. Now, after accumulating profits of up to 24%, AMZN is approaching resistance levels that could be crucial to revisit its historical maximums.

Read more

Gold Markets Trend For 2019

2018 was full of disappointment for commodities, contrary to expectations. Markets started the year with very high hopes, after upwardly revised growth projections in late 2017. As January and February are traditionally strong months for Gold, the strong demand noticed in the first quarter of 2017 helped the asset start 2018 in bullish mode.

In contrast to the forecasts, however, Gold markets bottomed out by the end of August at $1160 as it faced Dollar strength, mainly due to the Fed interest rate hikes. By the close of 2018 things changed as commodities perked higher, with Gold reversing more than 61.8% of the year’s losses.

Projections for 2019 point towards a bullish outlook for Gold on the perspective of a weaker year for the US Dollar. The slowdown in the global economy and the fact that policymakers are trying to focus on maintaining robust domestic growth momentum, as well as trade tensions and political jitters, leave the balance of risks to the downside.

Read more

XTrade Review – Forex and CFD Broker

XTrade Review - Main features and services of XTrade

XTrade Review – Main features and services

XTrade is a regulated Forex and CFD broker from Europe which offers access to many markets, besides Forex, through Contracts For Difference. It was founded in 2014. This broker offer several services to its clients, including a web based trading platform, platforms for mobile devices, regular promotions and more. It is a good option for beginners traders who prefer an easy to use trading solution to begin their careers in the markets. However, its platform and services are designed for more experienced traders too.

Read more

Bullish Harami Candlestick Chart Pattern

The candlestick pattern Bullish Harami is a reversal pattern formed by two candles, which has a low reliability, occurs during downward movements and indicates that the current downward market trend has possibilities of changing its direction to an uptrend. This pattern can be identified as follows:
  • The current trend should be bearish as it is a reversal formation which indicates a possible change from bearish to bullish trend.
  • First, the price forms a long a candle that can be bullish (white) or bearish (black).
  • Subsequently, the price forms a smaller candle inside the candle of the previous period (a candle is enclosed within the range of the larger candle), which can be bullish or bearish.

Read more

The spot market – Definition and Types

What is spot market

The spot market is one in which the value of financial assets is paid in cash (spot price) at the time of delivery. That is why this market is also known in the trading enviroment as “cash market” or “physical market”. Its transactions are made in the short term, so it is a highly liquid marketplace with large and small participants..

A trader or investor can trade on the spot market from anywhere that has the necessary infrastructure to carry out transactions. That is why the Internet is now the main support for this type of transactions.

The most famous spot markets are the Forex spot markets and commodities spot markets. In the latter group includes financial assets such as precious metals, sugar, natural gas, grain or oil. In the case of oil, even if payments are made at the spot price, the delivery of the product is performed about a month later.

Read more