HighLow – Binary Options Broker

Review of the Binary Options Broker HighLow HighLow is a regulated binary options broker (ASIC of Australia) founded in 2013 with thousands of clients around the world. This company offers the possibility to trade with various types of options based on many underlying assets including currency pairs (Forex), commodities, stock indices and stocks of various markets.    This broker has … Read more

Lowry system – Trading system based on moving average crossovers

What is the Lowry System? This is a trading technique developed by a trader named Scott Lowry and is based in moving averages crosses. Before starting the description of the strategy we will describe 3 basic concepts: Delphic Phenomenon (DF): This phenomenon occurs when the moving average of 18 periods and the moving average of 40 periods cross each other upwards (or … Read more

The Moving Averages in Trading

Moving Averages – A Renowned Tool Trading These days, several tools and strategies are in use by Forex traders in order to make more profit. If a beginner trader is trying to enhance the profit margin in the Forex market and other markets too, then he should consider these tools and strategies. One of the most important of these tools … Read more

Vegas Tunnels Trading Strategy for 1 Hour Charts

This is a trading system developed by Vegas to trade only in 1 hour price charts. Basically this trading technique is to open three equal positions (if the trading platform permits the trader can also open a position divided into three parts which can be closed independently). Another option is to divide the capital invested in the trade according to percentages, for example the first position corresponds to 50%, the second position to 25% and the third position to 25%. Each trader can decide how to work with each position.

It can be used in many markets, including Forex (any currency pair), precious metals (gold and silver), indices and other.

The methodology of this system is quite simple. Initially three exponential moving averages (EMA) are plotted on 1 hora chart:

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FXOpen Aus Broker – Review and Services

FXOpen-Forex Broker Review FXOpen Aus is a regulated Forex broker (is regulated by ASIC) from Australia which offers excellent trading conditions thanks to its ECN/STP order execution for the Forex market. This company was founded in 2012 and allows to trade with currency pairs (Forex spot) and precious metals in the spot market. Type of broker FXOpen AU is a … Read more

Mirror Trading platform of FXOpen with Myfxbook Autotrade

Review of the Mirror Trading platform of FXOpen The Forex broker FXOpen offers the possibility to connect its trading accounts with the mirror trading platform and service Myfxbook Autotrade, one of the largest providers of automated Forex trading today. This company offers hundreds of trading systems of all kinds as signals providers. Each time a trade is opened in a signals provider’s account, … Read more

FXOpen Forex Affiliate Program

FXOpen affiliate program

FXOpen Affiliate program Review

The Forex broker FXOpen has a simple but interesting Forex affiliate program that allows any customer of the company to get an extra income promoting the services of FXOpen, basically getting new customers (traders) that open a trading account and deposit funds in it. It can be said that the affiliation to this program is completely free and the affiliate only has to open a trading account with FXOpen, which has no cost at all. After the opening of the account, it will be activated without the affiliate having to deposit funds into it at the beginning, unlike other brokers that do require a minimum deposit.

The marketing resources of this affiliate program are quite limited and do not offer banners and other similar promotional tools. The only thing it offers is a link to the website of FXOpen which can be used by the affiliates according to their judgment and criteria to promote this broker. FXOpen only offers a payment plan based on Revenue Share. In this case, the affiliate gets 1 pip for each transaction made for each referred client. Thus, if a trader made a trade of one lot, the affiliate who referred that client receives a payment of $10.

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FXOpen PAMM Accounts

What is a Forex PAMM account? Basically, PAMM accounts are managed trading accounts in which a professional trader is responsible for conducting market operations using the money of investors who invested their money with them. PAMM accounts are an excellent option for people or companies wishing to invest in the forex market but with no experience and / or time … Read more

The Candlestick Price Charts

Candlestick Charts – Offering Best Information about Forex Trading!

All traders in all financial markets continuously seek for proper tools to analyze the behaviour of the price of the financial assets in order to determine its direction and the right moment to open a position.  Well, there are numbers of solution available through which people can get the right option for their market trading. One of the best solutions is the candlestick chart which is a special type of bar-chart  through which investors can get more information about the price behaviour of any financial  instrument like stocks, currency pairs or derivative for example.

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Bar Charts in trading

Bar charts- A useful market analysis tool

The Bar charts are one of the various types of prices charts used to analize the market movements. The bar charts, unlike the line charts, shows the movement of prices for a specific period of time (can be 1 minute, 5 minutes, 1 hour, 1 day, 1 week, etc), besides the opening price, closing price, maximum price and minimum price. The bar is represented by a vertical line and two perpendicular horizontal lines. The high point in the bar is the maximum price achieved in the period while the low point is the minimum price in the same period. The two horizontal lines are arranged one to the right and the other to the left. The left side line represents the opening price and the right side line is the closing price.The information represented in the bar charts is more complex than that presented in line graphs, but is also more complete.

There are two types of bar charts used in Forex and other markets, and differ slightly from the information presented. One is called LHC (initials Low, High, Close) chart and the other OLHC (initials of Open, Low, High, Close) chart, and they look very similar in the graph but in fact there are some differences between them. These charts show bars with information on price movements of a currency pair in a given period. For example, if we choose to see a OLHC chart of the EUR /USD of 15 minutes, each bar shows information about what has happened in separated periods of 15 minutes in the Forex Market.

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