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Analysis of Agea – Forex and CFD Broker

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Agea broker update We currently consider that there are better options for Forex traders than the Agea broker to start a career in the markets. There are many Forex brokers that have better regulation, access to more markets, more trading platforms and offer additional services including education resources. You can access a complete list of brokers in the following article: … Read more

Day Trading Myths Revealed

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Day trading is a popular investment strategy used in Forex and other markets that involves buying and selling financial assets within a single trading day. While some investors have found success with day trading, it has also been the subject of many myths and misconceptions. In this article, we’ll take a closer look at some of the most common myths surrounding day trading and unveil the truth behind them.

In the following article there is a complete collection of Forex daytrading strategies: The best Forex daytrading strategies

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Pivot Points in Trading

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Pivot points are a popular technical analysis indicator used in trading to identify potential support and resistance levels for an asset’s price. These levels are calculated based on the asset’s high, low, and closing prices from the previous trading session. They are used to determine levels at which the price is likely to bounce or continue the current trend. In this article, we are going to show the different types of pivot points that exist, their calculation, and some suggestions for their use.
Pivot Points in trading
Standard Pivot Points

Traders use pivot points to help determine potential entry and exit points for trades. For example, if the price of an asset is approaching a pivot point level that is also a resistance level, traders may consider selling the asset as the price is likely to encounter selling pressure at that level. Conversely, if the price is approaching a pivot point level that is also a support level, traders may consider buying the asset as the price is likely to find support at that level.

Pivot points are most commonly used in intraday trading, but they can also be used for longer-term trades as well. There are several different methods for calculating pivot points, including the standard method, the Woodie’s method, and the Camarilla method, among others.

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Pepperstone Review 2022 – Services, Advantages and More

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Pepperstone review - Forex and CFD broker
Pepperstone

 

 

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

-Regulated by organizations such as ASIC and FCA

-Tight spreads and low commissions

Visit Broker Website
 

Pepperstone – Forex Broker Review

Pepperstone is a regulated ECN/STP Forex and CFD broker from Australia which is licensed by the ASIC. This company allows to trade with Forex (dozens of currency pairs), precious metals in the spot market, and CFD on different markets, including stocks and indices. As a pure ECN/STP broker, it has many liquidity providers, such as major global banks. The clients of Pepperstone can trade with variable and low spreads, excellent market quotes, and market depth access (Level II quotes).

It is a broker regulated by the FCA of the United Kingdom and by the Australian ASIC.

The company was founded in 2010 in Melbourne (Australia) and currently has branches in four countries such as the United States, Thailand, the United Kingdom and China, thus being able to provide service coverage to the five continents.

In this Pepperstone review, we will cover your main services and advantages for your clients.

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PAMM Accounts of Instaforex

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The Forex broker Instaforex has a PAMM accounts service designed for investors interested in investing in the Forex market through experienced traders whose job is to manage the funds of these investors for a percentage of the profits obtained from their trades as a return for their services. All InstaForex customers can participate in this service, whether as funds manager … Read more

What is market sentiment & how to use it?

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Traders are often searching for new indicators that help them to understand the market better and allow them to enhance their trading strategies. While the indicators that could be plotted over the chart remain the most popular, there are actually other tools that can benefit your trading strategy quite a lot. Today we are going to uncover one of such tools – market sentiment.

What is market sentiment?

The good news are that this indicator does not have any mathematical formulas behind it, hence understanding it is pretty easy. Also known as Bulls and Bears, market sentiment is a tool that is used to measure the psychology and the attitudes of the trading crowd.
Imagine EUR/USD is currently traded at 1.1500. As a matter of fact, there should be traders with long positions. However, there are also should be trading going short on this currency pair. The main question is, whether does the majority of the traders predict the market to go? And this is easily answered by the market sentiment. The indicator is usually shown as a pie chart that is split into two parts – traders that are short and traders that are long on a given instrument.

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Trading models based on channels: Wolfe Waves

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Price channels are a clear example of resources that can be used to define both entry points and exit points. In addition they allow to analyze the current situation in the market in such a way that they allow the trader to make better decisions. Once the channel is formed, we can obtain a lot of information related to the price movement inside the same channel, however the problem occurs when the market does not move in a defined channel, a situation in which it can be difficult to detect breakout points and therefore the reaction of the market can take us by surprise.

For these cases the investor can use the so-called “advanced channel models“, among which we can highlight the Wolfe Waves, which can help us to identify potential entry and exit points of the market based on channels, even when in appearance there is no clearly defined channel.

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The Camarilla Equation – Formula and Definition

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The Camarilla Equation is an interesting market analysis tool similar to the pivot points but is little known among the majority of traders. For this reason, in the following article, we will explain in detail about the fundamentals and use of this tool.

Camarilla equation was discovered by the trader Nick Stott in 1999, and until recently it was a secret formula to determine price levels similar to the pivot points, but according to many traders, these levels are more effective. It assumes that the market has the tendency to revert to a point of balance that might be called midpoint, pivot, and so on. Based on this idea and using the formula of the equation is possible to calculate 8 relevant price levels in which is likely to produce changes in the market trend.

As mentioned at the beginning of the preceding paragraph, the Camarilla equation was secret until it was somehow released. The equations for calculating the 8 levels are:

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Stages that characterize a bullish or bearish market

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The phases that characterize the bull and bear markets are as follows:

– Bull Market

This type of market is produced when the advance of prices reaches a level higher than the previous advance. Likewise, when no secondary trends become established below the latest peak. We can identify three phases in a bull market:
  • Accumulation phase: At this stage falls occur in the market as the investors sell because the economic news are mostly negative. There is a moderate activity that begins timidly to recover.
  • Recovery or expansion phase: In this case the activity begins with a modest progress and it produce a shy rising in market prices.
  • Distribution phase: There is great activity in the market. There are major upward movements in market prices and trading volume and investors take long positions without objection.

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