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Binary Options on weather

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Currently financial markets allow to speculate virtually on anything, including the weather. The weather derivatives have become a lucrative and exciting relatively new market. Although most people make comments regularly on the state of climate and how it can affect their lives, almost no one stops to think about the possibility to speculate with the weather. This has changed with the introduction of derivatives as binary options on weather by the CME (Chicago Mercantile Exchange).
With the introduction of the range of Futures and Options on the CarvilHurricane index (CHITM), traders are now able to speculate about the state of the climate in order to obtain a financial return. Like traditional binary options, binary options on weather allow the trader to get a fixed payment if the option closes In The Money. And like traditional binary options, these derivatives offer both call options and put options.

ETX Capital – Forex and CFD Broker

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ETXCapital – Broker Review ETX Capital is a regulated broker from United Kingdom which specializes in providing services to trade with a wide variety of financial instruments, including Forex, Contracts for Difference (CFD), Binary Options and Financial Spread Betting. In this sense, this broker offers a lot of products from a wide variety of markets for its customers. ETX Capital … Read more

The Consumer Price Index (CPI)

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General Definition

The Consumer Price Index or CPI is a measure that estimates the average price of consumer goods and services. The CPI measures the price change for a set of market goods and services from a fixed term until the next within the same area, be it a city, region or country. This is a monthly figure, which always refers to the previous month in which the Bureau of Labor Statistics issued the report.

The Bureau of Labor Statistics of the U.S. measures two kinds of CPI statistics:

  • CPI for urban wage earners and administrative staff (CPI-W).
  • CPI for All Urban Consumers (C-CPI-U).

Of the two types of CPI, it is considered that the latter is the most representative of the general population, accounting for 87% of the population of the country.

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Forms to use Fibonacci in Forex

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The Fibonacci indicator is a very powerful tool in Forex trading. It provides important levels that can be used individually in conjunction with other indicators and methodologies such as Candlestick Patterns, Price Charts, RSI, MACD, Momentum etc, and that levels can be used to establish entry points, Stop loss levels and Take Profit levels.

The Fibonacci indicator can be plotted over any time frame including 5 min, 1hr, 4hr, daily etc.

The traditional way to plot and analyze the price with Fibonacci involves looking back at the historical prices to identify the most important highs and lows. Depending on the temporality that is used to trade the market this would involve seeing more historical data to locate those levels that will be the reference to the Fibonacci retracements and extensions. The convergence of different Fibonacci levels can occur if the levels are placed on graphs of different Time Frame, when doing this can exist a convergence and the level become more relevant.

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Trading system with 1-2-3 pattern and Bollinger Bands

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In this article we will explain a trading strategy that combines the use of Bollinger Bands and the 1-2-3 pattern, a very powerful chart pattern used by many traders in a variety of markets. It is a simple strategy as we shall see below, however, it requires mastery of a number of theoretical concepts that we will explain below.

The 1-2-3 maximum that originate in the upper bollinger band or moving average line (center line of the Bollinger Bands) and the 1-2-3 minimum which originate in the lower bollinger band or the moving average line, provide excellent signals that indicate possible changes of direction in the market. Because the 1-2-3 pattern occurs in virtually every market and any time frame, this strategy can be applied to trade in a variety of instruments and time frames, including short, medium and long term.

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Durable Goods Orders Indicator – Definition and Relevance

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Durable Goods Order definition

The Durable Goods Orders report is an economic indicator that reflects new orders placed with domestic manufacturers for delivery of durable goods (hard goods) from the factory, in the short term or in the future. This is a monthly published data, which always refers to the previous month in which the Department of Commerce’s Census Bureau issued the report.
The term durables goods applies to those who are expected to have a duration of more than three years. The report Durable Goods Orders comes in two monthly emissions:
  • The progress report on durable goods.
  • Manufacturers’ shipments, inventories and orders.

The reports are broken down by industry, which serves to eliminate the effects of a single volatile industry such as defense spending.

Affiliate program Trade24 Partners

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Trade24 Partners Review Trade24 Partners is a Forex affiliate program, which was created by the Forex and CFD broker Trade24 to promote their services and acquire new customers through affiliates who use multiple marketing tools that the program offers and are based mostly in Internet. Like other similar affiliate programs is a good option to monetize web sites and blogs … Read more

Social Trading Network of Trade 24

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Update: This copy trading service has been discontinued. If you have an interest in social trading investing you can try a copy trading platform with access to hundreds of traders and strategies of the broker HotForex with their social trading service HF Social. More information here: HF Social – Copytrading platform of HotForex

The Forex broker Trade-24 offers its clients a social trading service which gives them the opportunity to follow and copy the trades of other traders in real time and easily. Through this service, any investor who opens an account with this company can track the transactions made in the market by experienced traders who make money consistently through their trading strategies.

The service of social trading is built into the Webtrade24 platform, an online application (no download or installation is requires), which is based on Sirix Webtrader, a platform for Forex trading whose use is becoming popular in the industry, thanks to its multiple tools which includes a function for copying the transactions made by other traders who trade regularly with this broker.

The following image shows the interface of theWebtrade24 platform with the social trading function:

Forex Broker Trade-24

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  Trade 24 broker update The Trade 24 broker closed its offices in the middle of 2020 and therefore no longer offers any type of financial service. But if you are interested in investing in Forex and other markets, you can consult the following list of brokers that shows the most important regulated brokers today. List of Online Forex&CFD Brokers … Read more

IFC Markets Broker

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IFC Markets – Forex Broker Review IFC Markets is a Forex broker Market Maker founded in 2006 which offers the possibility to trade with various types of financial assets including currency pairs (Forex), commodities and Contracts For Difference based on oil and stock indices. It is a broker oriented to beginners traders with low capital to invest in the market. But … Read more

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