A Moving Average is one of the most popular technical analysis tools used by traders worldwide. There are many strategies related to its proper usage, as it can work as an indicator to make profits or cut losses. Today we shall talk about two profitable moving averages forex strategies. Before you continue, we recommend reading the What is a Moving …
Two Best Indicators for a Scalping Strategy
Scalping strategies involve making profits on the smallest movements in the markets. To use this strategy successfully, you need to have the best indicator for scalping. We shall tell you about what is the best indicator for scalping in this article. Please make sure you also read our previous article about Scalping Strategies to maximize your profits! Moving Average Ribbon …
Counter trend trading strategy and range trading systems
Newcomers very often fall into the “fundamental trap,” i.e., they are trying to open positions against the prevailing trend, guided by their stereotypical ideas about the markets and the conclusions of “independent” analysts. For example, when a bear trend started on gold, many speculators “bought it out,” since they sincerely believed that a shortage of precious metals in the bowels …
What is the economic calendar and how to start working with it
An economic calendar is a necessary tool for trading. First of all, to work with binary options was convenient; let’s make the necessary settings. Let’s start by specifying your time zone, so as not to keep in mind the time difference with dozens of countries. To specify what time you live, find your city on the list. If you didn’t …
XRP (Ripple) Trading
Back in the year 2017, when a cryptocurrency (specifically Bitcoin) just found its way onto the spotlight, it brought a whole new perspective in the world of finance and how cryptocurrencies came into inception. Among the vast array of digital coins, came Ripple, created by Ripple Labs Inc and acts as a digital payment solution system in origin until it …
Understanding Ripple
Found in 2012 by Chris Larsen and Jed McCaleb, ripple is a technological domain for digital payment network managing financial transactions and it has its crypto coin labeled as XRP. Since its inception, Ripple has become the third-largest crypto coin right behind Bitcoin and Ethereum. Ripple works on a public and decentralized system that performs a smooth money transfer in …