Guide to Forex Options Trading: Risk Reversals
Risk reversals reflect the expectation of the market in terms of the direction of an exchange rate. When used in the correct context, risk reversals can be highly useful for generating potentially profitable overbought and oversold signals. A risk reversal is a combination of a call and a put option on the same currencym withe the same expiry (one month)...
What is a Trading Room?
If you are new to the world of trading, there is a lot you need to learn before you can start making winning trades. While most of this learning involves trading strategies and tricks, you also need to learn a bit about the trading environment. One of the first things in the trading environment you should get familiar with...
Top 7 Forex Social Networks
Forex social networks represent a rapidly growing phenomenon in the realm of FX trading. These platforms empower their members to observe the trading activities of other individuals, both on an individual basis and collectively. The primary aim is to enhance their understanding of the market and glean insights into the trading strategies employed by others. In certain instances, these...
Top Trading Education Websites: Babypips
Education is the key to becoming a successful forex trader. Babypips is a useful tool in this field. While there are many fine further education courses out there for those who are looking to learn the basics of trading and hone their skills, they can be quite expensive. However, if you are self-disciplined enough to study independently, without the...
List of Trading Platforms (Basic)
When it comes to trading platforms, independent traders are literally spoiled for choice with a huge range to choose between. Most brokers offer a range of platform options, often including the ubiquitous MetaTrader 4 or other advanced desktop platforms such as NinjaTrader, social trading platforms such as eToro's OpenBook and FXCM's Tradeo, and their own proprietary platforms. These proprietary...
UK’s challenge after Brexit is to overcome meat export bureaucracy
With its departure from the European Union, the United Kingdom is experiencing the bitterness of the poison itself after Brexit. Because, for example, the export of meat to EU countries now has to face (and overcome) a difficult and lengthy bureaucratic process. To meet requirements which, in most cases, were created or suggested by the British themselves on imports...
Forex Trading Historical Position Ratios
Forex trading historical positions ratios can be a useful tool when using sentiment analysis techniques to inform forex trades. They show the percentage ratio of long (buy) positions to short (sell) positions over time, and these can be interesting to compare side-by-side, or overlaid on the same graph, with the price movements over that same time period. These ratios...
Why Your Bitcoin is Safer Than Your Cash
For years, bitcoin was touted to be the preferred currency of criminals. A world that was devoid of proper authority, filled with weak points where hackers could waltz in and take whatever they wanted. Said to be worthless, unsafe, and unregulated. Fast forward a bit, to around 2017 when public adoption was on the rise, and bitcoin became a...
How to Spot Fake Double Tops/Bottoms
Double tops and double bottoms are classic reversal patterns, especially prevalent in charts with shorter time frames. However, distinguishing between a genuine reversal pattern and mere market volatility can be challenging. This challenge becomes more pronounced in charts with very short time frames, like an hour or less, where market fluctuations can obscure the actual price action movement at...
List of Best Forex Trading Books
Navigating the world of foreign exchange, or forex, might seem a bit overwhelming, especially for those hands-on investors out there. But hey, don't worry! There's a bunch of books about currency trading, from the basics of the forex market to some fancy strategies involving fundamental and technical analysis. Let me share the list of best forex trading books that...
WFT Group – Company Reviews
Today we will talk about one of the most important themes for the trader which are deposit and withdrawal funds. For the beginning, we will tell how it happens with the WFT Group broker. Every broker has his own rules and principles how to deposit money by traders on the platform. Surely, the WFT group has its own system. But, it's quite...
Europe is committed to the sustainability of sheep and goats meat
The Interprofessional Organisation for sheep and goats meat, Interovic, has secured seven million euros for the promotion of lamb and kid meat in the internal market. This is the third consecutive program granted by the Executive Agency for Consumers, Health and food of the European Commission (Chafea) to the Interprofessional. It is a continuation of the multi-country program that Interovic...
The Key Benefits of using Producer Price Index (PPI)
Known as the Wholesale Price Index from the time of its inception till the late 1970s, the Producer Price Index (PPI) and the Consumer Price Index both have extrapolative value and are used to define various economic facets. However, it is important to note that the consumer price index solely emphasizes on consumer spending and on the standard of...
Top Forex LinkedIn and Google+ Groups
LinkedIn has positioned itself as one of the world’s most established social media platforms. LinkedIn’s niche however, provides users with the opportunity to expand their professional networks and to seek out up-to-date information from industry peers. Including, of course, those after Forex Groups. Statistics from Linkedin reveal that approximately 225 million members, across 200 countries and territories around the globe...
Proof of Income Documents and Showing How Much You Make
Having proof of income documents will provide you with several benefits. People typically have a hard time proving their income when they're self-employed. Proving your income is necessary if you're trying to file taxes or get a loan. Lenders will want to see how much money you've made to determine if you'd be able to pay them back. Understanding how to...
Wall Street Close: Mixed end to the week as growth outperforms value
The S&P 500 index was steady on the final day of the week, recovering from an early session sell-off that saw the index momentarily falling below 3900 but slipping back from session highs in the 3920s to finish the session around 3910. Sale pressure in “value” stocks in the manufacturing, commodity, and real estate sectors contributed to the S&P...
Top Forex Trading Facebook Groups
Although Twitter and LinkedIn remain the most widely used social networks for forex traders, there are many communities on Facebook that could be of great interest to online traders. So let's see some top forex trading Facebook groups. The format of this platform makes it easy to share different kinds of information, particularly the fact that graphics can be...
Top Ten Forex Forums
Ever since the dawn of online forex trading, messageboards and forums have formed the backbone of the online forex trading community. Although many traders are using social media to interact with each other now, the specificity and ready-made community aspect of forums means that they are still the go-to place for forex traders to glean information and wisdom from...
