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  • #16
    Most Volatile Currency Pairs of 2019



    Want to start Forex Trading but don’t know which forex pairs you need to focus for profit? Nobody can give this answer correctly as it depends upon the trader’s knowledge about that currency pair and the volatility of currency pairs. You need to take the time to analyze different pairs against your own strategy, to determine which are the best Forex pairs to trade on your own account.

    What Volatility Refers to?
    Volatility is a term used to indicate the change in trading price of pairs in a specific period of time. Greater the scope of price variation, greater volatility is considered to be there. The volatility of a pair is measured by calculating the standard movement away of its returns. The standard difference is a measure of how widely values are dispersed from the average value (the mean).

    The importance of volatility for traders
    Being aware of a trading product's volatility is important for every trader, as different levels of volatility are better suited to certain tricks and psychologies. For example, a Forex trader looking to progressively develop his funds without taking on a lot of risk would be advised to choose a currency pair with lower volatility. On the other hand, a risk-seeking trader would look for a currency pair with higher volatility in order to cash in on the superior price differentials that volatile pair offers.

    What affects the volatility of currency pairs?
    Currency pairs are affected by following factors or events:
    • Economic or Market Related Events
    • Change in Interest Rate of a Country
    • Drop in Commodity Prices
    The degree of volatility is generated by different aspects of the paired currencies and their economies. Moreover drivers of volatility include inflation, government debt, and current account deficits; the political and economic stability of the country whose currency is in play will also influence FX volatility. As well, currencies not regulated by a central bank - such as Bitcoin and other cryptocurrencies - will be more volatile since they are inherently speculative.
    According to the chart we come to the point that GBP/NZD is the most volatile currency pair of 2019.

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    • #17
      Forex Indicators

      Forex Indicators also known as Expert Advisors (EAs) are tools used by traders on the trading platform to help them make better trading decisions, by using certain methods and strategies which predict the future movements of prices. Most Forex platforms allow the use of EAs although in some few cases they may not be allowed, so it is always preferable to check.
      These tools can be found on the platform and traders can choose which are the best to use for each trade. Some traders prefer one tool over the other, some like combining several methods. There are many Forex Indicators and EAs, here are two of the most popular ones;

      The Profit Taking Tool
      As the name suggests it advices the trader when is the right time to take the profits and close the trade. While many traders can go into good trades deciding when is the right to pull out is a little more tricky. Pulling out too soon may prevent you from making further profits and pulling out too late may cost you your profits. In this case the three day relative index can also be used to help the trader determine what the likely odds are. Another method is the known Bollinger Bands, which adds and subtracts the standard deviation of price data changes over a period from the average closing price over that same time frame to create trading ‘bands’.
      Another method is the trailing stop, which gives the potential of the trade to let profits run without staying open too late and losing money.

      Trend Confirmation Tool
      The trend confirmation tool is usually used as a backup for the trend following tool. It helps reassure whether the current trend following indicator is correct or not. It gives its own results and if both Trend following and trend confirmation tool results match then the trader can be reassured.
      Overall Forex Indicators, Expert Advisors and trade assisting tools are many, and they can each be used in many different ways, through many different method, for many different reasons, which is why it is advised to further explore Forex indicators, they can and will make your trades easier and more successful eventually helping you become a better trader.

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      • #18
        What is a Bull Market?

        Markets are described as either Bull markets or Bear markets depending on the general direction of their currencies.
        The term bull market derives from the way a bull attacks its enemies by swaying its thorns upwards, therefore it describes a market that is heading in an upwards direction.

        What stands out about a bull market is that it is generally moving upwards, and has been moving upwards for a long period of time. Even if it suffers minor losses its general direction is always positive.
        This doesn’t apply to just the currency, but the whole environment surrounding the currency like the economic environment, employment in the country, and number of investments.
        A bull market attracts many investors as it promises almost guaranteed high profits, and because it keeps getting investors, it continues to perform well and thrive.

        It is hard for investors to suddenly lose interest in a bull market, unless a general rumour is spread about the market, making all investors and traders believe that this market is going to decline, forcing them to withdraw their investments, and invest against the market, leading to a big decline and moving the market from bullish to bearish.

        Of course there are many ways for a market to be affected, and that can be through big news releases, businesses between countries and more, if the market declines on its own, it will also push investors away which will further in its decline.

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        • #19
          Advantages and Requirements of the MT4 Forex Trading Platform



          Mt4 or Meta Trader 4 is one of the most popular and used Forex Trading Platform. It is offered by almost every Forex company and preferred by many forex traders. The platform has established itself as a prominent one by catering to all the basic needs of traders and not just for trading.

          The most likeable feature about Mt4 is its user friendliness, which allows even the newest of traders to adjust to trading smoothly without the complications of learning how to use a new software. It offers a simple and understandable interface, which is highly customisable, allowing each trader to decide how their platform will look like, and be most comfortable to make their trading easier.

          Additionally Mt4 offers technical and fundamental analysis, and Forex indicators which are an important and desired help by both newcomers and experienced traders. Expert Advisors are also an important and big advantage, not only does the platform come with its own EAs but it allows traders to write and design their own EAs and upload them to the platform, giving the space for anyone who wants to expand their skills to do so.

          The key features of Mt4 are the Market Watch Window, Navigator Window, Multiple Order Types, Variety of pre-installed indicators, Analysis tools and multiple chart set ups, Automated Trading Order Execution Capabilities, Hedging and Scalping friendly, and Expert Advisors.
          The Mt4 Platform can be downloaded on all devices (including Apple devices) like phones and tablets.

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          • #20
            XtreamForex Thailand Demo Trading Contest



            XtreamForex demo contest provide traders a chance to get real money without investing your own funds! Before you start real trading take your first step in this exciting opportunity, make little real cash and test your skills. Join and take a dive into the exciting world of Forex trading competition with XtreamForex! Joining Link: https://xtreamforex.com/thailanddemocontest.html

            Contest’s Time:
            • Registration Period: 19th August 2019 to 6th September 2019.
            • Trading Period: 9th September 2019 to 11th October 2019
            Winner Announcement: 21st October 2019

            Offer is Applicable: Only for Traders of Thailand, Malaysia and Indonesia

            How to Apply: The Client must register for the competition via the competition dedicated page in order to participate.

            To Win: The client who will generate maximum profit at the end of the contest will win.

            Winning Prize
            • 1st Prize $1000
            • 2nd Prize $750
            • 3rd Prize $500

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            • #21
              XtreamForex Philippines Demo Trading Contest


              Join and take a dive into the exciting world of Forex trading competition with XtreamForex! Here we offer forex trading contest for demo accounts once in a year. You can join this contest for free. Forex Demo Trading competitions are the best way for beginners to gain experience in Forex trading and to try out and improve your trading strategies in a competitive environment! Joining Link: https://xtreamforex.com/PhilippinesDemoContest.html

              Contest’s Time:
              • Registration Period: 19th August 2019 to 6th September 2019.
              • Trading Period: 9th September 2019 to 11th October 2019
              Winner Announcement: 21st October 2019
              Offer is Applicable: Only for Traders of Philippines
              How to Apply: The Client must register for the competition via the competition dedicated page in order to participate.
              To Win: The client who will generate maximum profit at the end of the contest will win.
              Winning Prize
              • 1st Prize $1000
              • 2nd Prize $750
              • 3rd Prize $500

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              • #22
                Xtreamforex Services

                XtreamForex is committed to provide superior Forex trading services for all clients, irrespective of the size of their account balances. Our whole team is committed to offering best industry leading products and services to all clients.
                • ECN Forex Broker: ECN broker is a forex financial expert. It is a non-dealing desk brokers. The ECN provides an electronic system for buyers and sellers to come together for the purpose of executing trades. It can best be described as a bridge linking smaller market participants with its liquidity providers through ECN FOREX BROKER.
                • Top Forex Trading Platform: Forex Trading Platform have a huge impact on Forex Trading. Forex Trading platforms are the most widely adopted trading association in the entire financial market. It has an incredible amount of exposure among retail traders with a reach and visibility that exceed any other financial product.
                • Forex Market Analysis: Forex Market analysis is used by retail forex traders to determine buy or sell items on currency pairs. Forex Market analysis many types like as Fundamental analysis, Technical analysis, weekend analysis etc.
                • Segregated Client Accounts: When a Forex broker are use segregated accounts, it means there is a dedicated account where client funds are kept separate from the broker’s operating funds. In Forex industry, a number of brokers choose Segregated account for their customers.
                • Customer support: XtreamForex are available for customer support 24/5 during marketing times. If you have any query/question please feel free to ask us.

                For more detail visit here: https://xtreamforex.com


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