Author: rcanessa - Page 45

Broker Plus500 was included in the London Stock Exchange

On July 24, 2013, the London Stock Exchange (LSE) welcomed the broker Plus500 (regulated by the Financial Conduct Authority in the UK), which marks the admission of this company on the AIM market, which means that the company’s shares can now be bought and sold in this market, one of the most important worldwide.

Plus500 offers its customers (mainly individual traders) the ability to trade stocks, Forex, indices, ETFs, commodities and other assets through Contracts For Difference (CFD) and currently is one of the main CFD providers worldwide. The company managed to raise a total of $75 million at a starting price of 115 pence in the opening which gave Plus500 a market capitalization of about $200 million on admission.

Everything you need to know about ECN Forex Brokers

by rcanessa

What are ECN Forex Brokers?

If you have been trading on Forex for some time, you have probably stumbled upon a term called ECN Forex brokers. If you have no idea what it means, don’t worry because you are not the only one. ECN Forex broker is a fairly new concept and it is seen as future of trading by many experts. ECN stands for Electronic Communications Networks and it is one of the recent developments in the market.

Forex brokers use ECN to connect their clients with other participants who trade in the market, such as large banks and well-known financial institutions that run the trading business on a major scale. Brokerage firms who use ECN technology want to provide their clients with the best possible options and they pick and choose which results to offer in the buy and sell listings.

The best days to trade in the Forex Market

by rcanessa

Because it is no a centralized market, Forex is open 24 hours a day Monday through Friday. However, not all time is equally suitable to enter the market. In fact, there are periods that offer excellent earning potential while others should be avoided since they have low liquidity and movement.

Many traders know that the period corresponding to the London session is the period that has more movement compared to other sessions, however, there are certain days in the week in which markets tend to show more movement.

Usually it is best to trade during midweek, as in this period is when most of the action occurs in the market.

Friday markets remain relatively active until 12:00 pm EST and thereafter the activity falls until the closing occurs at 5:00 pm EST. This means that on Friday, traders work only half a day since most are kept off the market for the rest of the trading session.

Except for the more conservative traders who prefer the slower and less volatile markets, the most suitable periods for Forex trading are those with higher levels of liquidity and volatility as they present the most extensive movements and clearer trends. This increases the chances of success of the trader.

Line Forex Charts

by rcanessa

In technical analysis the technical traders use various types of price charts. The simplest of these types of charts is the line chart which is used to obtain an overview of price movements in the market. In this case it shows the closing prices at selected intervals. Line charts are very clear and facilitate the detection of the most obvious chart patterns but lack the detail level offered by bar charts and Japanese candlestick charts.

In these price charts the points for price are joined by lines. In general the price used is the closing price of the period (which may be 5 minutes, 1 hour, etc..), but it can also display the average price, the buy/sale price, and many other options that vary according the trading platform that we use.

Karl Dittman indicators for Metatrader

by rcanessa

In this article, we present five new indicators for Metatrader 4 designed by a famous and expert trader in the Forex market named Karl Dittman. These indicators are available to any trader and can be used at their discretion. For each indicator we include a brief explanation and image showing how they look. At the end of this article, we include a link through which these indicators can be downloaded.

The indicators are:

BrainTrend
Gmacd
ATR Levels
Breakout indicator
Trendlines indicator

Vegas Trading Strategy With Moving Averages Tunnels

by rcanessa

A type of trading strategy that has been used for some years to trade successfully in the Forex market and with other financial instruments is based on moving averages tunnels such as the Vegas systems. In summary, these are discretionary systems for swing trading which are based on moving averages envelopes. To better understand how works this type of strategy we will explain in detail a system known as Vegas Wealth Builder.

The author of this strategy has defined the following steps for implementation:

Cash rebates promotions of the broker HighLow

by rcanessa

Currently, regulated binary options brokers are limited in terms of the promotions they can offer to their clients. This has become particularly evident in the brokers regulated by CySEC that expressly prohibited the deposit bonuses that so many complaints and problems have originated in recent years. Therefore, these companies are now offering other types of promotions, including cashbacks (cash rebates) and risk-free trades.

The broker HighLow of Australia, regulated by ASIC of that country, offers all its clients a cashbacks promotion through which they can obtain extra money with their trades with binary options. Basically, depending on the volume of their trades, the client obtains a certain amount of points that he accumulates and can change for cash that can be withdrawn without restriction. In other words, it is a program where traders can obtain additional income just by trading as they normally do.

-Period of validity of the promotion: HighLow has not specified a deadline for this offer and for the moment is valid throughout 2017-2018, however the company can modify the terms or cancel the promotion at any time.

Forex market sessions

by rcanessa

As every investor with some experience in the Forex market knows, one of the main advantages of this financial market is that it operates 24 hours a day from Monday to Friday, which gives the trader the opportunity to take advantage of the many opportunities offered by the market throughout the day. This is because the financial market is not centralized as is the New York Stock Exchange, for example, so at all times there are large and small traders worldwide who perform currency transactions whose total volume is much higher than any other market. This makes the Forex market an excellent investment option as there is liquidity to open and close positions at all times. In other financial markets, the smaller trading volume sometimes makes it not possible to find a counterpart to buy or sell when a trader wants to open a long or short position.

However, this does not mean that it is profitable to trade in the Forex market at all times, as there are periods in which the market is relatively calm and without any clear direction or trend so it is difficult to find good opportunities to obtain profits (these are the periods of lower trading volume for which there are relatively few investors transacting in the market).

XM Partners Affiliate Program

by rcanessa

Review of XM Partners

XM Partners is an affiliate program implemented by the Forex broker XM with the aim to promote their services and acquire new customers through affiliates, for which this program offers many promotional tools based on the Internet. Thanks to these tools and the payment plans offered, XM Partners is an excellent option to monetize websites and blogs whose topics are directly related to the financial markets in general and especially with Forex.

More information on the broker XM and its brokerage services in this guide: Forex broker XM

Commissions Plans Offered by XM Partners

Currently, this affiliate program offers the following payment plans for their members:

Revenue Share: Through this payment system, the affiliate gets a percentage of the profits generated by the referred traders that open an account with the broker XM, deposit funds and trade in the market through the broker. The payment of these commissions are maintained for life while the referred clients continue trading with XM.

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