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xtreamforex26

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About xtreamforex26

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    Money Maker
  • Birthday 03/15/1993

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    https://www.xtreamforex.com/

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    Trust Company Complex, Ajeltake Island
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  1. xtreamforex26

    Technical Overview of EUR/USD and GBP/USD Currency Pair EUR USD EUR traded higher against USD and closed at 1.1128. · EUR/USD stalls its strong intraday rally near 1.1200 round-figure mark. · Acceptance above 200-DMA support prospects for additional gains. The EUR/USD pair maintained its strong bid tone through the early European session on Friday, albeit has retreated around 20-25 pips from the 1.1200 handle, or four-month tops. Extremely overbought conditions on hourly charts seemed to be the only factor that kept a lid on any strong follow-through, rather prompted some profit-taking at higher levels. According to the Analysis, pair is expected to find support at 1.1125 and a fall through could take it to the next support level of 1.1102. The pair is expected to find its first resistance at 1.1199 and a rise through could take it to the next resistance level of 1.1222 GBP USD GBP traded higher against USD and closed at 1.3162. · Trades close to the top of a 1.3162/1.3516 range, after a hectic session · EUR/GBP is at the base of a 0.8278/0.8426 with huge flow for Asia · Bids at 1.3450 provided a base after initial jump - 1.3450 1BLN strikes · Early results support the exit poll prediction of an 86 Boris landslide · EU welcomes a strong UK mandate into upcoming trade talks · Charts show GBP trending higher, but over stretched short term · Stunning Conservative victory will totally change UK politics According to the Analysis, pair is expected to find support at 1.3170 and a fall through could take it to the next support level of 1.3061. The pair is expected to find its first resistance at 1.3524, and a rise through could take it to the next resistance level of 1.3633. Important Economic Events of the day · EUR: EU Leaders Summit · JPY: BoJ Tankan Large Manufacturing Index · USD: Retail Sales m/m · USD: Retail Inventories m/m For More information about the release time of news and its impact visit Economic Calendar Page!
  2. xtreamforex26

    Most Interesting Facts about Forex Market Forex Market is world’s biggest Financial Market. Still many people see Forex as a boring industry, one that demands the constant task of heavy analysis, stress and risk. But if you look deeper into the market, then you will see dynamics and the profit generation opportunities turn it in a lucrative option for making more money or even starting a business. Here you can read some most interesting facts about Forex Market if you are start trading in Forex Market. 1) Forex Market is considered to be the Largest Financial Market in the World where you can buy, sell and speculate on currencies. Approximately 5.3 Trillion Dollars traded daily in Forex Market which is more than future and equity market combined. 2) 85% of all Forex Trades occur on only major 7 currency pairs: EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, USD/CAD, and USD/CHF. 3) 66% of US Currency is held overseas by private individuals, foreign governments and institutions. 4) 90% of all foreign exchange transaction includes US Dollar. 5) 41% of all Forex transactions are conducted in United Kingdom, whereas only 19% happen in US and rest 40% transaction accounts in other part of the world. 6) 5% of total volume in forex is attributed to retail traders. Approximate 99% of the retail traders can’t turn in a year’s worth of profit. 7) GBP/USD is also known as cable. Back before fiber optics and satellites, stock exchanges in London and New York communicated by a long steel cable under the Atlantic. Because of this, GBP/USD is still called the ‘cable’ today. 8) 44% of Forex Traders are between the ages of 25 and 34. 9) 11% Female Traders represent Forex Market. 10) 180 Currencies are used in 195 countries across the world. 11) Kuwaiti Dinar is the world's strongest currency and has the highest currency value. 12) Germany has the largest global Forex Players. 13) Forex Traders are referred to as Bull and Bear. The Bulls are optimistic ones who believe that Forex Market will go up at a particular time while bear traders believes that price will fall. 14) 4X Volume of trading in Forex compared to the Global Gross Domestic Product. 15) 53X Foreign Exchange Trading Volume compared to NYSE. Forex Market is one of the Largest International Financial Market in the world. To make large profit Open an account with Best Forex Broker.
  3. xtreamforex26

    Technical Overview of GBP/USD and USD/JPY Currency Pair GBP USD GBP traded higher against USD and closed at 1.3155. · Flat in a 1.3153/1.3161 range, but decent interest once Asia fully opened · EUR/GBP saw modest volumes with a very tight 0.8438/0.8341 range · Conservative election victory expectations attracted fresh demand this week · Initial significant resistance at 1.3168/90, 50% 2018/19 fall and May high · 1.3168 capped in NY, but is under pressure - strong resistance into 1.3200 · Close above 1.3200 would be a strong positive into the election next week · Sustained 1.3200 break would open the door to the 1.3380 2019 high in March · Close below the prior 1.3000 range high needed to undermine topside bias According to the Analysis, pair is expected to find support at 1.3120 and a fall through could take it to the next support level of 1.3105. The pair is expected to find its first resistance at 1.3166 and a rise through could take it to the next resistance level of 1.3181. USD JPY USD traded lower against JPY and closed at 108.75. USD/JPY's CTA positioning and notes that it's mainly close to neutral and sidelined around current levels. "CTAs having held back on going long in the USD/JPY market (buying USD and selling yen) during the recent risk-on phase, they have managed to avoid simultaneous stock selling and yen buying. CTAs' USD/JPY positions are close to neutral at present, and they are not currently moving either to buy or to sell. "With the latent risk of yen appreciation being suppressed, if fundamentals-oriented investors begin tentatively dip-buying below 23,000, this downward move by the Nikkei 225 could be brought to a close relatively soon. According to the Analysis, pair is expected to find support at 108.66 and a fall through could take it to the next support level of 108.58. The pair is expected to find its first resistance at 108.92, and a rise through could take it to the next resistance level of 109.00. Important Economic Events of the day · JPY: Household Spending y/y · USD: Nonfarm Payrolls · USD: Baker Hughes US Oil Rig Count · CAD: Employment Change For More information about the release time of news and its impact visit Economic Calendar Page!
  4. xtreamforex26

    Learn How to Trade Forex? Many people that want to learn to trade on the Forex market feel that they lack the time spend to sit in front of their PC for hours on end watching the market News, about forex, and Forex basic concepts. No need to spend more time there. We provide Trade forex related information here Forex: Forex is a conversation of one currency to another. Forex or foreign exchange or currency trading is a worldwide open market for currency trading. This means that the Currency prices are daily Fluctuating against each other, and offering multiple trading opportunities to all entire the world. Forex Trading Steps: 1. Choose a currency pair: Firstly decide which currency pairs you want to trade. With over 65 currency pairs you select the best one that is right for you or for your earning process. Fundamental research tools can assist you spot currency trading opportunities to suit your trading style. We suggested that you take your time to understand the amount of price volatility associated with the currency pair to help manage your risk. 2. Decide on the type of forex trade: In the forex trading you buy Lots, in the unit of base currency. In CFD Trading you trade a quantity of CFDs in the unit of base currency. In spread betting you trade pound per point movements etc. 3. Decide to buy or sell: Once you have picked a market, you need to know about currency price, which is done by bringing up an order ticket on the platform. Every pair is base and quote currency. The base currency is the currency on the left of the currency pair and the quote currency pair on the right sides. How do I Trade Forex? · Learn concepts of how the forex markets works. · Open a Forex Trading Live Account. · Build an Excellent Trading Plan. · Choose best fit trading Platform. Trading Benefits: · High Liquidity. · Trade on leverage · 24/5 Live support · Regular opportunities · Trade anytime from anywhere. More information related Forex Trading visit here.
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  6. xtreamforex26

    Technical Overview of AUD/USD and NZD/USD Currency Pair AUD USD AUD traded higher against USD and closed at 0.6777. FED Chair Speech affects USD depending on the speech rhetoric. If the speech is seen as an intention to raise the rates at the next FOMC meeting, this has a positive impact on USD and vice versa. The FED Chair's statements have the greatest impact on the market compared to other members of the FED Board of Governors. Reserve Bank of Australia (RBA) Governor Speech may contain information about the expected change in the bank's interest rates or in the monetary policy. The Aussie dollar, a G-7 proxy for China, is not impressed by reports of US-China trade talks gaining momentum. AUD/USD failed to take out key average hurdle despite renewed trade optimism. RBA's Debelle said slower wage growth is a new norm in Australia. According to the Analysis, pair is expected to find support at 0.6769 and a fall through could take it to the next support level of 0.6761. The pair is expected to find its first resistance at 0.6793 and a rise through could take it to the next resistance level of 0.6801. NZD USD NZD traded higher against USD and closed at 0.6416. Retail Sales m/m reflects a change in New Zealand's retail sales in the reported month compared to the previous one. The calculation is adjusted for inflation. The index is often referred to as the consumer spending indicator, which allows assessing inflation in New Zealand. The indicator growth can have a positive effect on NZD quotes. Consumer Confidence Index displays the level of consumer confidence in the stability of the country's economy. It is based on the data from the monthly survey of more than 5000 households and is designed to evaluate the relative financial status, purchasing power and confidence of an average consumer. The survey consists of five questions, two of which are associated with the current economic conditions, while three deal with expectations. Since 60% of the survey has to do with expectations, the indicator is considered to be a leading market indicator. The indicator growth assumes an increase in consumer spending. • NZD/USD is facing pullback risks after multiple failures at the 100-day MA hurdle. • A close above the key average will likely invite stronger buying pressures. According to the Analysis, pair is expected to find support at 0.6400 and a fall through could take it to the next support level of 0.6392. The pair is expected to find its first resistance at 0.6426, and a rise through could take it to the next resistance level of 0.6434. For More information about the release time of news and its impact visit Economic Calendar Page!
  7. xtreamforex26

    Technical Overview of AUD/USD and GBP/USD Currency Pair AUD USD AUD traded higher against USD and closed at 0.6784 · Flat in a quiet tight 0.6785/0.6795 range as options contain · 0.6785-95 1.1BLN and 0.6900 500M strikes dominated in Asia · Risk bounce in Asia after a soft week, Nikkei +0.6%, AsiaxJP +0.3% · Charts - momentum studies, 5, 10 & 21 DMAs head south - bearish setup · Dip recently stalled at 0.6769, which remains pivotal and vulnerable · NY 0.6783 low and earlier 0.6795 high initial support and resistance According to the Analysis, pair is expected to find support at 0.6786 and a fall through could take it to the next support level of 0.6785. The pair is expected to find its first resistance at 0.6788 and a rise through could take it to the next resistance level of 0.6789. GBP USD GBP traded higher against USD and closed at 1.2913. · Cable saw steady interest and trades +0.1% in a 1.2903/1.2921 range · Conservatives to raise property purchase tax for non-UK residents · A revenue raiser that will be popular with UK voters · FT's poll tracker, Conservatives hot favorites, +13pts from +11 over Labour · Charts - 5, 10 & 21 DMAs gently edge higher - modest topside bias · Six week 1.2770/1.3012 range looks set to extend unless the USD trends According to the Analysis, pair is expected to find support at 1.2917 and a fall through could take it to the next support level of 1.2916. The pair is expected to find its first resistance at 1.2923, and a rise through could take it to the next resistance level of 1.2924. Important Economic Events of the Week (18 Nov, 19 to 24 Nov, 19) · CAD: Core Retail Sales m/m · EUR: ECB President Lagarde Speech · EUR: GDP q/q · SGD: GDP q/q · USD: EIA Crude Oil Stocks Change For More information about the release time of news and its impact visit Economic Calendar Page!
  8. xtreamforex26

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  9. xtreamforex26

    Technical Overview of EUR/USD and USD/JPY Currency Pair EUR USD EUR traded higher against USD and closed at 1.1021 · Early bounce on US data gives some relief to longs · Pair heavy on safe haven flows but holds above 61.8 Fib of 1.0879-1.1180 · Daily RSI diverges & bull hammer forms, daily techs warn shorts · Monthly RSI still falling, says downside momentum could resume · Global growth concerns, soured risk could sink EUR/USD According to the Analysis, pair is expected to find support at 1.1010 and a fall through could take it to the next support level of 1.0972. The pair is expected to find its first resistance at 1.1132 and a rise through could take it to the next resistance level of 1.1170. USD JPY USD traded higher against JPY and closed at 108.39. · USD/JPY's breaks key props at 108.50 , close is key · IMM USD/JPY specs long largely above 108 are at risk on 107.89/99 break · Treasury yields sliding faster than JGBs, '20 Fed cuts pricing back in · USD/JPY's topping formation reinforced by AUD/JPY's reversal · Risk flows could change on a dime if trade deal gets completed, signed According to the Analysis, pair is expected to find support at 108.57 and a fall through could take it to the next support level of 108.56. The pair is expected to find its first resistance at 108.59, and a rise through could take it to the next resistance level of 108.60. Important Economic Events of the Week (11 Nov, 19 to 15 Nov, 19) · USD: Retail Sales m/m · GBP: Retail Sales m/m · NZD: Electronic Card Retail Sales m/m For More information about the release time of news and its impact visit Economic Calendar Page!
  10. xtreamforex26

    Open Demo Account with XtreamForex Demo Account is the great Startup for beginner! A Demo account is a fantastic way to gain trading experience, test trading strategies with zero risk under real markets. A demo trading account is a kind of trading simulator, or practice account that allows you to practice trading with a wide range of financial instruments, from stocks, indices, and options to CFDs and crypto currency. Gain the trading experience to Open XtreamForex Demo Account and enter the forex market with confidence. Advantages of Demo Account: · Actual trading practice in live market environment. · Absolutely Free: No Credit card required. · Access to market charts, trading signals, forex news and more. · Get daily free analytics. · Practice trading with virtual funds. · Test trading strategies. Here the link to Open Demo Account: https://my.xtreamforex.com/Account/Register
  11. xtreamforex26

    $25 No Deposit Trading Bonus Do you want to start forex trading without any initial investment? XtreamForex offers No Deposit Bonus of $25 – the easiest way to start in Forex. Trade without depositing and grow your portfolio. If you are a beginner, this bonus is a great opportunity for you to try out your skills and find out more about trading. Free No Deposit Trading Bonus Joining Link: https://my.xtreamforex.com/no_deposit_bonus Bonus size: $25 Maximum amount of bonus: $25 Ending Date: Available for Limited Time only. Offer is Applicable: Only for Sri Lanka Clients. How to Apply: · Register an account · Make your account verified with documents. · Get $25 bonus Bonus Cash Out: Bonus is withdrawn able with under the terms and conditions. Each Client receives this bonus only once.
  12. xtreamforex26

    What to do when you are ready to quit Forex Trading Every Forex trader has had a time of bad losses, big stress or any numbers of reasons which have made him decide it is time to quit trading. It is normal usual and common and people get really tired with handling all that Forex hands them and decide it’s time to give up. But that is the time when you should step back relax and re think the whole picture. Through those losses and hard times you can learn the most important lessons. It is a chance for you to re study your trading approach with a less emotional and more realistic mind set. Reset your goals and make a better version of your plan. Taking a break after having tried trading is the perfect time to gather your thoughts and become more logical and goal oriented. There are many ways to approach the situation. If you are a beginner then you can think of your first losses as the fee for learning the most important lessons in Forex. If you quit when you face difficulties then the money you lost was lost for nothing. This isn’t a gambling approach where losses have to be made up with profits, but a very simple and realistic fact that you can only learn Forex trading by trading, and you are bound to make mistakes and suffer losses at the start. Just like being a new driver, you always start off with on old car that you can afford to lose. You do the same with the money will invest when you first start trading. If you relax and ask yourself why you lost all that money then you will retrace your moves and see where you’ve gone wrong. You could have been over trading, you could have been not paying attention to the right opportunities, you could have not been cutting your losses quick enough, and maybe your strategy was flawed. This is very normal and only by trying can you progress.
  13. xtreamforex26

    Technical Overview of USD/CAD and EUR/USD Currency Pair USD CAD USD traded lower against CAD and closed at 1.3048. USD/CAD is trimming gains on reports calling a victory for Canada's PM Trudeau. The pair may come under pressure if Trudeau forms a minority government with NDP's support. Canada Retail Sales m/m show changes in the value of goods sold in retail stores in the specified month compared to the previous month. The indicator is calculated based on statistics from several thousand retail stores, and the data is then extrapolated to the whole country. The indicator evaluates the consumer activity and inflation. The indicator growth can have a positive effect on CAD quotes. Canada Core Retail Sales m/m reflects the change in retail sales in the reported month compared to the previous one. The indicator is calculated based on statistics from retail stores of different types and sizes. The index calculation does not include sales of autos and spare parts. Retails Sales are an indicator of consumer activity in Canada, and an important component of national GDP. The indicator growth can have a positive effect on CAD quotes. According to the Analysis, pair is expected to find support at 1.3077 and a fall through could take it to the next support level of 1.3063. The pair is expected to find its first resistance at 1.3123 and a rise through could take it to the next resistance level of 1.3137. EUR USD EUR traded higher against USD and closed at 1.1148. · Positive risk extends in Asia, E-mini S&P +0.1% and AsiaxJP stocks +0.3% · Flat in a low key 1.1147/1.1156 range - fundamentals unchanged look to techs · Charts - daily momentum studies, 5, 10 & 21 MAs head higher - bullish setup · Sustained cloud break, 1st since July - 1.1104 horizontal cloud top supports According to the Analysis, pair is expected to find support at 1.1142 and a fall through could take it to the next support level of 1.1132. The pair is expected to find its first resistance at 1.1172, and a rise through could take it to the next resistance level of 1.1182. Important Economic Events of the Day · CAD: Retail Sales m/m · CAD: Core Retail Sales m/m · USD: Existing Home Sales For More information about the release time of news and its impact visit Economic Calendar Page!
  14. xtreamforex26

    Technical Overview of EUR/USD, AUD/USD and USD/JPY Currency Pair EUR USD EUR traded lower against USD and closed at 1.1169. EUR/USD's may have a hard time extending preceding three week's rally, courtesy of warning Brexit optimism. The common currency may face selling pressure if the European Union announces retaliatory tariffs on imports from the US. According to the Analysis, pair is expected to find support at 1.1150 and a fall through could take it to the next support level of 1.1146. The pair is expected to find its first resistance at 1.1164 and a rise through could take it to the next resistance level of 1.1168. AUD USD AUD traded higher against USD and closed at 0.6855 • AUD/USD remains buoyant in Asia as hopes recede of an early RBA rate cut • Bolstered by last week's upbeat AU jobs data, increasingly gloomy US data • Australia home prices keep rising as auctions heat up in boost for economy • Chance of Nov rate cut pared back to just 17% compared to 34% a week ago According to the Analysis, pair is expected to find support at 0.6842 and a fall through could take it to the next support level of 0.6839. The pair is expected to find its first resistance at 0.6854, and a rise through could take it to the next resistance level of 0.6857. USD JPY USD traded higher against JPY and closed at 108.42 Although 200-day SMA becomes the key upside for USD/JPY, the quote refrains from further declines while taking rounds to 108.50 during early Monday. The pair is seesaws around four day low. According to the Analysis, pair is expected to find support at 108.32 and a fall through could take it to the next support level of 108.27. The pair is expected to find its first resistance at 108.50, and a rise through could take it to the next resistance level of 108.55. For more information: https://xtreamforex.com/
  15. xtreamforex26

    Forex Scalping Traders use many different forms of trading which they feel the most comfortable at, and help them make the best profits they can. Each trader depending on their strong points can find themselves working better and earning more when using a the method which suits them best. Scalping is a well-known and commonly used form of trading which suits trader who wants to make large numbers of trades earning small profits each time. This happens by opening a trade, buying a currency pair, and closing it as soon as the smallest profit is made – usually between 3 to five minutes - completely evading risk even if the profit is too small to make a difference. The main base of scalping is to make a lot of trades daily – can be up to over a hundred a day – and aim on never losing any money through those trades, but steadily keeps making small profit among small profit slowly building up a larger account. The downside of scalping is that it requires large amounts of deposit, to be able to handle the amount of leverage which must be taken to make the short and small trades worthy. It also demands a lot more attention, as none of the positions can be losses, otherwise the other small trades will be imbalanced by losses and therefore become entirely useless. It takes clear and attentive concentration skills to achieve that. Of course needless to say, Scalping is time consuming, and would take a trader who can commit to trading for hours on a daily basis in order to keep building up from the small profits made with each trade, therefore it would be very hard to keep up as a scalper if one is not already a full time trader. Based on all these facts it makes sense to say that scalping is not for everybody. It is mainly popular due to the fact that it is technically risk free, because even when a loss is made it is small, and over time it depends on no losses being made, but no big profits either. A constant scalper would choose a safely earned small amount over the risk of a great profit opportunity. An important aspect of scalping is to always keep consistency in trade sizes, if a trader uses erratic trade sizes while scalping; they are bound to lose a lot of money. If random sizes are chosen it is most likely that an oversized, leveraged loss will erase all the profits of a day’s work, defeating the whole principle of scalping. All trade sizes must be the same, making the amount of losses and gains equal, therefore keeping the trading strategy balanced. It is also important to mention that scalping is a popular method to be applied on automated trading programs, due to the fact that it is time consuming and needs very specific and accurate decisions which can be very easily effected by emotions like excitement or greed. The way programs work is by trades being placed through the trading day and the system is based on a set of signals derived from technical analysis charting tools that create a buy or sell decision, at the points which the trader has programmed to indicate the right buy or sell conditions. Many people find scalping through programs effective and doable, because it does not require their immediate presence, or their constant attention. Over all, to become a good scalper, attention, concentration and time are needed, with a lot of practice, and having the intuition to pull out at the right time, even when the profits are too small to seem worthy. Read more: https://www.xtreamforex.com/
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