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Forex Trading

Today Trading Signals

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USDJPY lost 30 pips during the London session and the slide might continue amid Japanese growth optimism. The prevailing risk sentiment will mostly influence the pair. Forex traders will follow closely Fed's Chair Powell speech for some fresh trading ideas.
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GBPUSD dropped significantly since it reached the 1.3170 highs. Currently, the pair is approaching 1.2700 support level. The Brexit turmoil continues to weight on the Sterling and even the positive unemployment rate didn't help for recovery. The probabilities of another failed deal are growing.
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This week focus will be on the Eurozone PMI figures, which will be released on Thursday. The Euro will probably remain under pressure with manufacturing expected to slow down. Further, the ECB policymaker Klass Knot voiced concerns about weak inflation.

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.