Author: rcanessa - Page 63

Simple moving averages (SMA) – Definition and features

The simple moving average is basically the simplest way to calculate a moving average. This is an arithmetic mean in which the sum of the last N prices (P) will be taken and divided by N, where N is the period. In other words is an average where all data prices have the same weight. Remember that the most usual is to calculate this indicator using closing prices and therefore from now on we will refer to the closing prices.

It is one of the most used technical indicators by traders in all markets. Many trading systems use simple moving averages, mainly as a trend indicator.

The simple moving average is usually represented by the acronym SMA.

Affiliate Program HyAffiliates of HYCM

by rcanessa

Review of Hy Affiliates Hy Affiliates is a Forex affiliate program created by the Forex and CFD broker HYCM (regulated by FCA of UK) in order to obtain new customers by promoting their services through affiliates who have at their disposal different types of marketing tools based mainly on the Internet. Depending on the amount of referred customers (traders) and … Read more

HYCM Review 2022 – Forex & CFD Broker Analysis

by rcanessa

HYCM – Broker Review HYCM is a Forex and CFD broker from the United Kingdom which was founded in 2007 and is regulated by the FCA. It offers a lot of trading instruments besides Forex like Futures, stocks of various markets, commodities, and others through Contracts For Difference. It is a company with many years of experience in … Read more

Affiliate Program Binary Affiliates

by rcanessa

Review of Binary Affiliates

Binary affiliates is an affiliate program that promote various binary options brokers like Stockpair and Optionrally through affiliates, which have at their disposal multiple marketing tools based on Internet that the same program offers. Basically, using these tools, the affiliates can make the promotion of these companies to get new customers (traders) that open an account and deposit funds into it, work for which they can earn a high commission.

For this reason, Binary Affiliates becomes an excellent option for those webmasters interested in monetizing web sites or blogs whose theme is related to financial markets and in particular with binary options

The brokers promoted by this program are:

Trading Contest for Demo Accounts FX Zones of FXTM

by rcanessa

In about two weeks, the Forex and CFD Broker ForexTime (FXTM) will launch its first trading contest FX Zones for demo accounts, which will give traders the ability to test their skills in the market in a free trading environment As they compete for a share of the total prize pool of $24,000.

The competition is divided into four separate zones that will take place throughout 2017. Each zone will have a prize pool of $6000, giving participants the opportunity to win the jackpot of $3000, paid directly in their real trading account.

– Period of competition: The first round (zone) will last 15 days and will be held from March 1 to March 15, 2017.

Stockpair – Binary Options Broker

by rcanessa

Review of the Binary Options Broker Stockpair Stockpair is a broker which allows to trade with regular binary options (High/Low options) and pair options based on the performance of one asset (stocks, commodities or currencies) against other through contracts of 1 hour to 150 days. This company offers a simple web based trading platform (developed by the company) with an … Read more

Perfect Order Trading Strategy – Description and Example

by rcanessa

What is the perfect order?

The perfect order of moving averages is defined as a set of simple or exponential moving averages that are aligned consecutively depending on the trend. For example, in the case of a bullish trend, a perfect order would be that a moving average of 10 periods were in a higher price level to a moving average of 20 periods which in turn would be higher than a moving average of 50 periods and so on. In other words, in an upward trend, moving averages are aligned from major to minor period upwards.

In the case of a downtrend, the opposite is true, ie that moving averages are lined up from smallest to largest period. For example, above the 10 period moving average would be the moving average of 20 periods which in turn would be below the moving average of 50 periods and so on. This alignment of moving averages is the basis of the perfect order trading strategy that we will describe below:

Example of a perfect order in an uptrend:

The Fibonacci Extensions – Definition and Examples

by rcanessa

The Fibonacci extensions, like Fibonacci retracements, are used to establish support and resistance levels, with the difference that the former are generally used as potential targets for profit taking, while retracements are often used as possible points of entry. For this reason, they are included in many trading systems to determine the best levels to exit the market. They are especially useful when markets are widespread.

This market analysis tools is widely included in modern trading platforms like Metatrader 4 and are used in much the same way as the retracements are used, as we saw in the article on Fibonacci retracements. Even some trading platforms allow to draw extensions and retracements in the same chart.

Trading competition World Rally Forex of HiWayFX

by rcanessa

The Forex and CFD broker HiWayFX offers every month a trading competition for demo accounts called World Rally Forex, which rewards the winners with cash. A total of $4000 are distributed among the winners. Since it is a tournament for demo accounts, there is no risk involved for the participants as they trade with virtual money. It is a competition for all clients of this broker which allows the trader to practice their strategies and skills in the markets without risking real money in the process.

The tournament takes place every month and each round lasts 1 month. For the moment the competition will be active throughout 2017, although HiWayFX can change the terms or terminate the contest at any time it deems appropriate. This trading competition has ended.

CWOption – Binary Options Broker

by rcanessa

Update on the broker CWOption

Like many other binary options brokers, the company CWOption closed its operations in mid-2018 due to the ban on these trading instruments in Europe and other jurisdictions. To this, we must also add the bad reputation that binary options have acquired among retail traders.

However, if you are interested in trading binary options and other instruments such as Forex and CFD through a recognized and regulated broker, you can try IQOption.

You can get more information about this company in the following guide: IQOption broker review

Review of the Binary Options Broker CWOption

CWOption is a binary options broker founded in 2014 which belongs to NYT Consultants LTD and allows to trade with options based on many underlying assets including currency pairs (Forex), stocks of various markets, commodities and indices. This brokers also offers many services for its clients as several promotions, including welcome and trading bonuses.

Currently, CWOption is one of the leading brokers in the sector. For traders interested in other instruments this brokers also offers CFD trading on Forex in the same trading platform (SpotOption 2).

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