September 12, 2019 (Last updated on September 23, 2019)
Update 2019-09-12: An in-depth update has been performed to bring the regulatory information presented in this guide to reflect the current state of affairs (especially, the post-ESMA regime changes in Europe) and to add two important regulators — the FSCA (South Africa) and the IIROC (Canada).
While all transactions in a stock or futures markets are carried out …
July 22, 2019 (Last updated on August 2, 2019)
Update 2019-07-25: Less than a week after publishing this review, Spotware released an updated version of cTrader for desktop (v.3.6) that improved the platform even more. Additional features included: new Automate functions to create custom interface elements for cTrader charts, cBot autorestart on platform restart, support for multiple platform …
June 10, 2019
This post is a huge 2019 update to our previous review of Forex calendars published back in 2017.
If you trade based on fundamental analysis or employ a news trading strategy, then an economic calendar is an indispensable tool for you. If you are a technical analysis…
May 29, 2019 (Last updated on June 4, 2019)
Even though trader unprofitability numbers have to be updated by Forex/CFD brokers on a quarterly basis, not all regulated European brokers updated their values since our last review (May 2019). However, the vast majority of brokers already refreshed their risk warning, so it is time …
November 17, 2017 (Last updated on October 24, 2019)
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A successful currency trader needs a proven trading strategy. Many traders prefer strategies based on trends. Such strategies work best with currency pairs that trend well. Monitoring a predominantly range-bound currency pair (USD/KRW, for example) would yield little result, even with a solid trading strategy…
May 8, 2017 (Last updated on May 9, 2017)
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Arbitrage is a practice of earning money by simultaneously buying and selling the same asset on different markets without exposing yourself to the asset value risk. The simplest example of FX arbitrage would be to buy a currency at one broker at an Ask price that is lower than the Bid price you can sell it …
December 13, 2016 (Last updated on December 19, 2016)
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Currency trading is by and large carried out in the OTC (over-the-counter) market. Lack of a central regulatory authority has given rise to numerous Forex brokers with offices in exotic locations. A large section of the retail traders depend on these Forex brokers to trade currencies from the comfort of their home. While it just …
August 2, 2016
As per efficient market hypothesis, it is almost impossible to outperform the market. The reason is that market’s efficiency ensures that relevant details of an asset are incorporated in the prevailing trading price. It means that, theoretically, there is no possibility of buying and selling an asset low and high respectively. …
July 11, 2016 (Last updated on June 8, 2019)
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Many think of bitcoin as an investment and rightly so, it has grown from being worth fractions of a penny to being worth hundreds of dollars in a few short years. Price fluctuations have made it a popular commodity to trade both in the futures market and in real time. Bitcoin now easily surpasses $100 …
July 4, 2016 (Last updated on October 13, 2018)
Food has a direct effect on the performance of a trader. A healthy diet keeps a trader alert and active throughout the day. This would ultimately enable a trader to have a clear understanding of the price movement in the market, to validate signals without lack of concentration and to take successful trading decisions without any dilemma. In this regard, let …
Originally, I intended this post as a do-it-yourself guide on how to add alerts to MetaTrader indicators without knowing how to code at all. But writing it, I came to realization that even if a trader knows nothing about MQL language and coding he will have to learn some basics through this …
March 18, 2016 (Last updated on June 23, 2017)
The normal gap trading strategy — that is buy/sell after a weekly gap to profit from gap’s compensation — has a nice statistical evidence behind it. But what do we know about forecasting the weekly gaps based on information available to us on late Friday session?
I have decided to backtest …
March 14, 2016
Market Profile indicator is a powerful tool developed by a CBOT trader. Its original purpose was to graphically organize price and time information obtained during a trading session in a manner useful to traders. Today’s Forex market is quite different from what commodity futures trading was back in 1985 …
May 25, 2015 (Last updated on May 31, 2015)
Without looking at any charts, my first thought about the strongest major currency during the last five years would have been the US dollar. After all, it was the major winner in the global financial crisis of 2008 when the markets had run for safety while the dollar’s rivals fared poorly. …
April 24, 2015 (Last updated on May 31, 2015)
If you ever wondered what is the total cumulative risk of your currently open orders and positions, then my latest MetaTrader tool — Risk Calculator — will help you to answer that question even if you have many orders with interwoven stop-loss and take-profit levels.
Although, I am …
