Author: rcanessa - Page 57

Introduction to the Forex market

The Forex market, which is commonly known as Forex (Foreign Exchange Market) or FX, is currently the largest and the most liquid financial market in the world with a daily trading volume of around $5 trillion U.S. dollars, which puts it well above other financial markets such as the stock market of the futures market. It is an Over The Counter (OTC) market.

The operation of Forex is based simply on the purchase of one currency and selling another. In this case the investor tries to make money with the rise or fall in prices of a particular currency against another. In Forex the trader can make money with both long positions (buy) or short positions (sell) as the purchase of a currency involves the sale of another and vice versa.

Forex affiliate program HFAffiliates

by rcanessa

HFAffiliates Review

HFAffiliates is a Forex affiliate program, which was created in 2010 by the Forex broker Hotforex with the aim of obtaining new clients through the promotion of the company services made by affiliates. To meet this objective, HF Affiliates provides the affiliate with multiple marketing tools of various types, focusing primarily on the Internet. Thus, this affiliate program is an excellent option to monetize web sites or blogs whose topic is related closely to the financial markets such as the Forex market.

Virtual to Real Demo Contest of HotForex

by rcanessa

The Forex and CFD broker HotForex offers a contest for demo accounts called Virtual to Real Demo Contest which offers cash prizes for the winners. Due to the fact that it is a competition for demo accounts there is no risk for participants, but the cash prizes are real. In addition, through this competition the broker’s customers can improve their ability to analyse and trade in the market without risking a single dollar in the process.

-Contest period: This trading contest is held every month and each round has duration of 1 month.

HFM (HotForex) Broker Review 2025 – Detailed Analysis on HF Markets

by rcanessa

HFM (HF Markets)

– ECN/STP broker from Europe specialized in Forex and CFD

-Regulated by organizations such as CySEC

-Tight spreads and low commissions

Visit Broker Website

HF Markets – Broker Review

HFM is an ECN/STP Forex broker which offers the possibility to trade in the Forex market with dozens of currency pairs, precious metals like gold and silver, and other financial instruments like Contracts for Difference on indices, stocks, and commodities.

This broker offers many trading solutions for retail traders and institutional clients, including various types of accounts and platforms. Also, the clients of HFM Markets have access to other services such as solutions for copy trading, trading competitions, promotions for new and existing customers, and more. Currently, is one of the main brokers in the sector of retail Forex with thousands of clients around the world. In this review, we will cover the main services of this company.

Gross Domestic Product (GDP) – Definition and Importance

by rcanessa

General definition The GDP or Gross Domestic Product is a report that includes the total value of all goods and services produced within a country in a given year, which is equal to the total of consumption, investment and government spending, plus the value of exports, minus the value of imports. The GDP report is disclosed at 8:30 am EST on the … Read more

Inflation and its impact on financial markets

by rcanessa

We can define inflation as the general increase in prices of goods and services in connection with a currency at a specific time period. When the price of these resources increases, the purchasing power of the country’s monetary unit drops so the people of the country can buy fewer goods and services and this has an overall impact on the economy. In other words, this means that inflation causes the purchasing power of a currency to decline.

Inflation has a negative effect on all members of society regardless of their socioeconomic level, and obviously, it affects all consumers in the economy of a country, for this reason, is one of the most important economic indicators for Central Banks and investors of financial markets such as Forex.

Many economists believe that inflation can be positive if it has a moderate level. Meanwhile, central banks invest huge efforts to keep inflation within well-established limits, so that the economy of the country can take advantage of the positive aspects of inflation while at the same time the negative effects of it are minimized.

One of the main measures implemented to counter the inflationary pressure is rising interest rates. When interest rates rise, commercial banks proceed to increase the interest of the loans they make to their customers.

Fibonacci Pivot Points

by rcanessa

Summary: In this article we describe the use and calculation of Fibonacci Pivot Points, a little known variant compared with traditional pivot points. The novelty about this tool is that it interestingly combines the pivots and Fibonacci sequence to determine support and resistance levels where there is high probability that the market made major moves.

The pivot points in its different variations can be used in two ways: to display the main trend in the market that we are analyzing or to display price levels in which we can open and close a position. To identify the direction, if the price level of the pivot point is crossed in an upward motion, then we can say that the market is bullish, but if the break occurs in a downward movement, then the market is bearish. Generally, if prices remain above the pivot point then the upward trend will continue until an event cause a reverse in the price movement and when the price remains below this level then the market will continue its downward direction until something happens that force a change in the current trend.

Free 4 grams of silver of Bullionvault

by rcanessa

The broker BullionVault, specialized in gold and silver trading, offers a new promotion for new customers which consist in a free bonus to trade in the market. This bonus comes in the following way:

4 grams of silver.
$ 1 (USD), € 1 (EUR) and £ 1 (GBP).

The bonus can be used to buy and sell silver at BullionVault platform. If the trader operates intelligently can accumulate a growing balance. However, the usefulness of this promotion is that it allows to know the characteristics of the services of this company without risking any money in the process.

BullionVault – Trade with physical gold and other precious metals

by rcanessa

BullionVault-Gold&Silver broker review BullionVault is a broker specialized in precious metals trading (gold, silver and platiinum) that allows to trade and invest safely with these precious metals in the markets of New York, London, Switzerland, Canada and Singapore. Basically this company offers access to the main spot markets of these commodities to speculate or for investment purposes. This company was … Read more

How to Measure the Robustness of a Trading System?

by rcanessa

We know that doing a correct Back-Testing of our system is very important. Whether we optimize or not. Back-Testing will tell us roughly whether the system works or not, how much money we can expect to earn from it or not, etc. But … is this really so? Is the Back-Testing of our system reliable regarding the future performance of our system? … Read more

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