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skrimon

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About skrimon

  • Rank
    New Money Maker
  • Birthday 10/31/1985

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  • Website URL
    http://pipswin.com/

Profile Information

  • Location
    Khulna, Bangladesh
  • Country:
    Bangladesh

Profile Fields

  • Interests
    forex, forex trading,
  1. You may want to start this new year by trying different types of investing. But with lots of different markets to invest in, it can be hard to know where to focus your attention. If you are starting to explore different options and wondering what Forex trading is, then you’ve jumped to the right place. In this topic, I’m gonna breakdown the procedure of currency trading in simplified words. Let’s dive right in, shall we? But first of all, what is Forex trading? Forex trading, which is the same as currency trading, is the conversion of one currency into another. It
  2. Traditional currency trading has been a prerogative for multinational corporations and affluent investors for decades now. The Forex market has, however, opened up the financial market to the youth and average investors. Since the last few years, Forex trading has gained firm ground and emerged as a popular career for financial and non-financial professionals. High liquidity, 24/7 schedule, easy accessibility, low capital requirements, and ease of entry makes forex a superior trading platform. Forex investment is the largest financial market globally and trades nearly $2 trillio
  3. As recently as the early 1980s, brokers, and traders charted the movement of currency prices by hand with nothing but a legal pad and a pencil. In less than four decades, the charting industry has been revamped several times over, which has led to intricate, complex tables that traders decode today before executing currency trades. Charting software allows those in any market to see price moves, observe changes over various stretches of time, and combine this information to conduct market analysis and predictions. It’s an absolute necessity for carrying out inte
  4. There is no doubt that the Forex forums are the best way to interact with other experienced and well-minded traders if you are struggling to achieve success. If you’ve visited a Forex forum, you would have noticed that you can interact with a wide range of traders and know the techniques they use to generate more profits. The reason why the Forex forums are useful is that they give you the opportunity to connect with fellow traders who are experiencing difficulties and concerns that you’re going through. Some of the main benefits of a Forex trading forum: - You can l
  5. Alexander Graham Bell famously said, "Before anything else, preparation is the key to success". This is true for many professional fields, be it soccer, archery, or online trading. Forex rookies in South Africa have ample opportunities to learn. FX Brokers provide tutorials, articles, and other helpful content. However, preparation is not only vital for novices. Even experienced traders begin their day with preparatory steps. It is not enough to jump in once the market opens. You should spend time to get everything set, including your mind. What Successful Traders Have in Common
  6. Not every Forex broker provides guaranteed stop loss, and most that do are not even regulated. Therefore, we did our own market research to find out the best brokers that provide guaranteed stop loss and are well-regulated: 1. XM XM is an internationally recognized online Forex and CFDs broker that began operations in 2009. Known for its wide range of assets, competitive spreads, and multiple trading account types, the broker is the best choice for online trading. Tradable Instruments It allows trading in more than 1,000 instruments and over 55 currency
  7. GBP/USD pulls back from November 11 high, eyes two-week-old support line. RSI weakness from nearly overbought territory, tough resistance suggest further declines. Bulls can aim for September high beyond 1.3315, 1.3105/3100 becomes the key support. Having slipped from 1.3312, GBP/USD wavers around 1.3270 during the initial Asian session on Thursday. In doing so, the cable highlights a short-term ascending triangle formation on the four-hour (4H) chart. Considering the latest pullback in RSI from almost overbought conditions, coupled with the failures to cross 1.3315/10 a
  8. Not every Forex broker provides guaranteed stop loss, and most that do are not even regulated. Therefore, we did our own market research to find out the best brokers that provide guaranteed stop loss and are well-regulated: 1. XM XM is an internationally recognized online Forex and CFDs broker that began operations in 2009. Known for its wide range of assets, competitive spreads, and multiple trading account types, the broker is the best choice for online trading. Tradable Instruments It allows trading in more than 1,000 instruments and over 55 currency
  9. Two major state-owned Chinese banks warned on Monday that they could restrict the trading of precious metals and foreign exchange products if this week’s U.S. presidential election fuels market volatility. Bank of China 601988.SS3988.HK, the fourth-largest lender by assets, said it might curb or suspend such trade, while Bank of Communications 601328.SS said it was taking steps to potentially limit spreads and transactions during the election. “We expect volatility in the precious metals and foreign exchange market to increase significantly between Nov. 3 and Nov. 4,” Bank of China s
  10. Nowadays, a HUGE number of Forex traders spend their time looking for that perfect moment to enter the markets or a telltale sign that screams “buy” or “sell.” And while the search can be fascinating, the result is always the same. The truth is, there is no specific way to trade the Forex markets. As a result, traders must learn that there are a variety of indicators that can help to determine the best time to buy or sell a Forex cross rate. Therefore, the top 4 trend indicators of 2020 are listed below. Indicator №1: A Trend-Following Tool It is possible to make money
  11. Forex trading is the act of speculating on financial price movements of currency, with the intention of earning a profit through them. Forex trading can also be done by using various technical indicators, which help in identifying changes in trends. Some of these indicators are referred to as fundamental indicators, while others refer to fundamental or technical analysis – but they all share the same purpose. For beginners, they would usually want to work with an expert broker like FP Markets before they begin trading. How to Analyze Forex Market There are many forex strategie
  12. Starting a forex trading business is a relatively simple undertaking. All you need is a reliable forex broker, a feature-rich trading platform, and a small amount of capital to buy and sell currency pairs. However, there are certain pitfalls, risks, and factors that you need to be aware of to trade effectively and turn a profit. The Forex market is inherently different from the stock market. More than $5tn is traded every day, mostly by ‘institutional’ traders connected to large institutions and companies. These trades account for 94.5% of activity on the forex market. When star
  13. The Australian dollar may give up its recent gains against the yen as President Donald Trump’s virus infection increases the uncertainty from the U.S. presidential election. The currency pair dropped as much as 1.2% on Friday after Trump said that both he and the First Lady Melania Trump tested positive for the virus. That follows a 3.3% slump in September after posting its longest winning streak in more than a decade. The risk-sensitive Australian dollar has benefited from nations heading toward an economic recovery after a coronavirus-led downturn but the market is turning cautious
  14. The dollar was down on Wednesday in Asia, with investors fine-tuning their positions ahead of a U.S. Federal Reserve policy meeting. The U.S. Dollar Index Futures that tracks the greenback against a basket of other currencies inched down 0.03% to 93.085 by 9:76 PM ET (2:57 AM GMT), giving up some earlier gains. The USD/JPY pair was down 0.15% to 105.28. The Fed will meet later in the day to hand down its policy decision, its first meeting since Fed Chairman Jerome Powell announced a more relaxed approach to inflation at the Jackson Hole symposium on August 27. This stance is wid
  15. US DOLLAR ANALYSIS, EUR/USD, AUD/USD, NZD/USD — TALKING POINTS EUR/USD branching out a new uptrend but will be coming across the critical cross-section AUD/USD rejected at 21-month swing-high. Drop accelerated after local GDP released NZD/USD cleared 13-month resistance but price action is indicating slowing momentum EUR/USD ANALYSIS EUR/USD appears to be climbing along with a newly-sprouted, modest uptrend since late July after jumping above the older slope of appreciation dating back to mid-May. The intersection of the two — labeled as “Key Juncture 2” may
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