BTC/USD Breaches US$100k: Where Next?
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- December 5, 2024
Breakouts can generate high returns in Forex trading. It’s no secret. Common as they are in the Forex market, though, they’re difficult to forecast. Bull and bear traps frequently place traders on the wrong side of the market, leading to frustration and loss. Fortunately, techniques designed to help filter these breakout moves are available. Breakouts
READ MORESuccessful foreign exchange trading (or forex trading) involves several skill sets. Understanding Forex spreads and the influence they can have on trades is one of them. In order to grasp the dynamics behind Forex spreads, knowledge of a trade’s framework is paramount. The Bid and Ask Price The Bid price is the value traders
READ MOREIn business, and particularly trading, it’s important you’re critical of your performance. Linking your trading account to tools like Myfxbook becomes imperative for your progress. Myfxbook platform is a third-party verification website, automating and synchronising trading performance. Complete with charts, graphs, tables and documents, it helps you, as a trader, identify strengths and weaknesses (trading habits).
READ MOREThe global pandemic caused by the Coronavirus (COVID-19) is having a huge impact on the global financial markets. Despite the uncertainty and high levels of volatility we would like to reassure you that FP Markets is well prepared for the scenarios arising from this situation:
READ MOREComplex terminology can terrify the best of us, particularly for newer traders. In the foreign exchange market, or Forex market, the swap is the interest paid at the time of the rollover. While this may sound a mouthful, it’s relatively straightforward. It is the process of extending the settlement date of an active trade to the next
READ MOREForeign exchange, or Forex (FX), reigns supreme in the financial realm, in terms of daily turnover. Trading in FX markets reached $6.6 trillion per day in April 2019, up from $5.1 trillion three years earlier. Aside from its overwhelming size and numerous trading vehicles, it’s not a well-regulated market given its decentralised nature. Opportunity, therefore,
READ MORESuccessful trading requires self-discipline and persistence, generally taking years to master. That’s why managed trading accounts exist, a service that provides access to consistently successful traders offering clients the option of having their accounts managed. Therefore, if you are a MAM (Multiple Account Manager) or PAMM (Percentage Allocation Management Module) manager charged with handling the
READ MOREThe world is changing at a rapid pace, driven by science and technology. Traders, therefore, require stability and accelerated connectivity. This is where a VPS helps, a virtual private server. Think of it as a standalone computer system with its own resources and bandwidth, located in a data centre. It is similar to web hosting
READ MOREAs the trading industry continues to gain popularity, innovative trading platforms remain in demand. Considered one of the world’s leading designers of trading software, MetaQuotes Software Corp offers several applications. Established in 2000, although having developed a series of popular software products, MetaTrader 4, or MT4, and MetaTrader 5, or MT5, symbolise clear milestones for
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