Category: Forex Trading

IG operates a counterparty dealing desk for clients with large accounts, allowing it direct access to the interbank system via a dedicated platform. Traders should be comforted by the fact that the broker adheres to the FX Global Code of Conduct and is aligned with top-tier global regulations. The risk of scammers is real, so…

Phone no reply hanging for hourskeep away, i wont recommend them for trading.,poor poor poor service,stay away.. FxScouts Group’s primary mission to provide unbiased and objective reviews, commentary, and analysis. While some data may be verified by industry participants, FxScouts maintains full editorial independence and never allows third parties any control over our work. Operating…

The pip brokerage account definition value for a micro lot (0.01 lot) is typically 10 cents in USD for most currency pairs. This means that each pip movement in the currency pair’s exchange rate will lead to a 10-cent change in the trade’s profit or loss. A nano lot is one-hundredth the size of a…

Most of the time, the value of the pip is calculated in USD for currency pairs containing USD, whether the USD is the quote or the base currency. Even for currency pairs that do not contain USD, brokers often covert the value to USD for easy profit and loss calculation. For any given currency pair,…

The idea here is to trade pullbacks to the moving average when the price is on an uptrend. Everything that you need to know about the Bullish Harami candlestick pattern is here. In this trading strategy, we will combine the harami with bollinger bands. Since harami patterns are known to indicate potential trend reversals and…

Moreover, integrating the Bearish Harami pattern with additional technical indicators can increase its reliability while minimizing false signals. Commonly used indicators include moving averages, Relative Strength Index (RSI), and Bollinger Bands. For instance, coupling the Bearish Harami pattern with RSI may provide further confirmation of an overbought condition, reinforcing the likelihood of an impending downturn.…

Historically, trade confirmations were manual, paper-based, and prone to errors, leading to delays and financial losses. However, the advent of technology has revolutionized this aspect of trading. Today, we witness a seamless, automated, and highly reliable system that not only ensures accuracy but also enhances the speed of transactions. This transformation is pivotal as it…

Markets and prices move fast; transactions are executed quickly, often instantaneously. Many securities trades are done over the phone; the ability for mistakes is inherent, despite traders’ skill. When one party claims the contents of an SB swap contract to its counterparty, and the counterparty confirms the information if they are correct, this is known…

A simple application of the moving average is to identify the buying and selling opportunities of a particular security. Strike offers a free trial along with a subscription to help traders and investors make better decisions in the stock market. Our ranking of the highest-performing technical indicators lists those with the highest gross rate of return, meaning…

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