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Forex Trading

Today Trading Signals

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GBPUSD initially bounced from 1.2700 support level but the bullish momentum vanished amid growing uncertainty over PM May's withdrawal agreement bill. The UK inflation missed with 2.1% in April and did little to support the British pound.
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The Euro had some bullish attempt amid some Brexit hopes, but it didn't last long. The common currency was sent back to 1.1150 level in a few hours. The Euro's upside potential will likely be capped by the Brexit uncertainty and the US-China trade tensions.
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The British pound continues the slide amid expectations May's Brexit deal to fail. GBPUSD was last traded below 1.2700 in January. The speculations over UK PM May's replacement will weight on the pound. Traders will also follow the US Home sales and Fed speeches.

Trading Strategies

Simple and accurate forex strategy - How to profit
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Many traders search for the most accurate forex strategy or the most profitable strategy. The truth is any strategy could be profitable if a smart trader uses it. You cannot expect to win every trade, but if you are smart, your risk management will keep you booming.

Simple forex strategy - Trading support and resistance levels
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While desperately chasing profits, many forex traders are looking for the most accurate forex strategy based on indicators or robots. At the same time, these traders don’t make an effort to learn the basics in price action trading. We consider that a major flaw, and we want to show some important aspects of forex trading.

Smart binary options strategy - 60 second and 5 minute trades
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To make profit, we need to trade smart. The Marubozo strategy is simple but that doesn’t mean it is easy to make profit. First, you need to learn to identify trends and then wait for a confirmation candle that will eventually tell you the price is in strong momentum and the trend will continue.

Trading Lessons

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The Elliott Wave theory is one of the most popular subjects in trading and many traders claim that it actually works, so you better pay attention to this lesson. As a forex trader, you obviously want to know when to enter and when to exit the market. Mr. Elliott’s theory might give you some clues.

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The flag patterns are continuation patterns, which means the price enters a brief consolidation period before it continues in the trend direction. Traders would expect to recognize bullish flags on up trends and bearish flags on down trends.

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Candlestick price action makes use of the hollow (or filled) candlestick pattern and the wicks (or shadows), which determine the open and close and the high and low, respectively. Based on distinct patterns, candlestick price action can help traders to determine what is happening in the forex and crypto markets.

Brokers Guide

Best Binary Brokers 2019 - How to profit
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Once swimming in the Pacific Ocean with the big sharks, in 2019, the binary brokers are more like marmosets hidden deep into the jungles of Brazil and India. It is still possible to find them and it might be fun to play with them, but it is not allowed.

FX Options on IQ Option - How to profit
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FX Options is a new trading instrument introduced by IQ Option in late 2018. The company launched the product as an alternative to binary options. Traders can buy Higher and Lower options with expiry times.

IQ Option Binary - Review and strategy
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IQ Option provides binary options trading on its own platform based on WebGL technology. The company started providing financial instruments in 2013 and it is the first binary broker to succeed in implementing indicators on the trading platform. IQ Option was also running its own auto-trading robots for a short period.

New Blog Articles

Trading Bitcoin CFDs - How to profit with leverage
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Many forex brokers offer Bitcoin CFDs where traders can profit on the Bitcoin price direction. When you trade crypto CFDs, you don’t own the actual cryptocurrency; instead, you forecast whether the price will fall or rise against the U.S. dollar.
Top forex traders to follow in 2019 - Social forex trading
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Are you new to forex trading and feel totally lost? It might be good if you have someone to follow until you build your own trading plan. However, finding the right guy can also be tricky.
Trading the U.S. Dollar - How to profit on major releases
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A few economic reports have significant impact on central banks’ decisions regarding monetary policies. Those decisions will usually produce swings in the U.S. dollar value against other major currencies. If you learn to read the figures, you might have a clue what the Fed will do next regarding the interest rates.