Author: rcanessa - Page 38

Review of ForexTime Broker (FXTM) – Regulated Forex and CFD Broker

ForexTime Broker Review

ForexTime (FXTM) is a Forex and CFD broker from Europe which allows trading with Forex, precious metals and Contracts For Difference based on indices, stocks and commodities. This company offers a variety of services, including ECN execution, access to many markets, modern trading platforms, solutions of Forex automated trading and more.

It was founded in 2014 and has its headquarters located in Cyprus and customer service centers in several countries, including France, Spain and the United Kingdom among others. It is currently regulated and registered with several financial services regulators such as CySEC, for example.

What is a bullish trend channel?

by rcanessa

An ascending channel is a chart pattern formed by two parallel lines and with ascending inclination that contains the price action. It is also known as a bullish trend channel or simply a bullish channel. Although the price does not always adapt perfectly to the interior of the canal, the lines that form it point to important support and resistance areas.

The price channels show graphically the market trend and are a useful tool for their ability to predict changes in the general market trend. As long as the price remains inside the ascending channel, the bullish trend will continue, much more if there is a maximum above the upper line. On the contrary, the breakout of the lower line is a bearish signal and it can mean a possible change of trend.

HotForex improves the conditions of their trading accounts

by rcanessa

HotForex is a global broker specialized in Forex and CFD which is constantly looking for new ways to enhance their clients’ experience. Recently, the company have just made some great improvements to their trading accounts, including the reduction of the minimum deposit, the increase of the maximum leverage and the reduction of the trading commissions.

New conditions of HotForex accounts

Clients with Premium, Zero and Auto accounts will now be experiencing the following changes:

What is the Fed? – The United States Federal Reserve

by rcanessa

The Fed, Federal Reserve System, is the central banking system of United States whose objectives, according to the documentation of the entity, is to make the monetary policy decisions of the country, supervise and regulate banking institutions, maintain the stability of the financial system and provide financial services to deposit institutions, the government of the United States and official foreign institutions.

In other words, it is the Central Bank of the United States. It was created in 1913 through the Federal Reserve Act, mainly as a response to a series of financial panics, especially the one of 1907.

Bitcoin Markets Trend For 2019

by rcanessa

As proven in 2017, Bitcoin markets are overly sensitive in their reactions. In 2017, Bitcoin price soared by 1,800% to peak at over $19,000 and generated a market capitalization of over $250 billion. In contrast to 2017’s movement, the turmoil during 2018 led cryptocurrencies into a great crash. Bitcoin had a total market capitalization of around $65 billion by the end of 2018, reversing 70% of its 2017 market value in a year marked by volatility and higher volumes.

Bitcoin markets started the year on a smooth downwards swing. The hacking of the Japanese exchange Coincheck at the end of January, China’s talks regarding cryptocurrency banning and Facebook’s ban on cryptocurrency and ICO advertisements were some of the factors that added pressure on Bitcoin’s price. Certainly, it has not been a good period for the most famous cryptocurrency and the sector in general.

The US Securities and Exchange Commission (SEC) also had a negative effect on Bitcoin markets after rejecting BTC ETFs. A further drop was seen in September, which is believed to have been caused by a single wallet discharging nearly $1 billion of BTC into the market.

The Sortino Ratio – good and bad volatility in your investments

by rcanessa

To correctly analyze the performance of investments in the stock market and other financial markets, it is always advisable to relate profitability with respect to risk. One of the most used ratios for this is the Sharpe ratio. But today we will see that it is possible to further refine this measure using the Sortino ratio. Both ratios serve to measure the expected return of an investment fund, calculated on the expected return of an asset without risk, however, they present a series of subtle differences that we are going to show next.

6 Steps to Create your own Forex Trading System

by rcanessa

The main objective of this article is to guide you through the process of developing your own trading system to trade in Forex.

Although devising a system may not take too long, it can take a long time to prove its effectiveness. So, you must be patient, because in the long term a good Forex trading system can generate you a lot of money. Therefore, it is worth investing the necessary time to create, evaluate and implement a winning strategy, since a losing system can cause us a lot of losses in terms of time and money.

For this purpose, the following tips can help you in this process of development and evaluation.

Analyst forecasts that Amazon shares will exceed their historic highs

by rcanessa

After a year-end crash that rang several alarms (there were losses of up to 30% in the fourth quarter of 2018), Amazon shares are given a good reprieve in the stock market. In fact, the largest e-commerce company in the world has marked a bullish path so far in 2019. Now, after accumulating profits of up to 24%, AMZN is approaching resistance levels that could be crucial to revisit its historical maximums.

Gold Markets Trend For 2019

by rcanessa

2018 was full of disappointment for commodities, contrary to expectations. Markets started the year with very high hopes, after upwardly revised growth projections in late 2017. As January and February are traditionally strong months for Gold, the strong demand noticed in the first quarter of 2017 helped the asset start 2018 in bullish mode.

In contrast to the forecasts, however, Gold markets bottomed out by the end of August at $1160 as it faced Dollar strength, mainly due to the Fed interest rate hikes. By the close of 2018 things changed as commodities perked higher, with Gold reversing more than 61.8% of the year’s losses.

Projections for 2019 point towards a bullish outlook for Gold on the perspective of a weaker year for the US Dollar. The slowdown in the global economy and the fact that policymakers are trying to focus on maintaining robust domestic growth momentum, as well as trade tensions and political jitters, leave the balance of risks to the downside.

XTrade Review – Forex and CFD Broker

by rcanessa

XTrade Review – Main features and services

XTrade is a regulated Forex and CFD broker from Europe which offers access to many markets, besides Forex, through Contracts For Difference. It was founded in 2014. This broker offer several services to its clients, including a web based trading platform, platforms for mobile devices, regular promotions and more. It is a good option for beginners traders who prefer an easy to use trading solution to begin their careers in the markets. However, its platform and services are designed for more experienced traders too.

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