Market Updates
Senate banking committee approves Yellen
The Senate banking committee approved Janet Yellen as the next chief of the Federal Reserve by a vote of 14 – 8. Yellen was the front runner for the post after Larry Summers withdrew his nomination couple of months ago, who was President Obama’s first choice. Upon the confirmation of Yellen, equity markets in the […]
Markets cautious ahead of FOMC Minutes
Fed Chairman, Ben Bernanke gave a speech on Tuesday before the National Economics Club in Washington in which he defended the Fed’s QE policy. he said that the Central Bank’s decision to engage in QE was required to strengthen its credibility. Bernanke made some key comments in his speech: Besides using the health of the […]
ECB Cuts Interest Rates by 25bps
The European central bank surprised the markets by announcing a 25 basis points cut to its key interest rates citing low inflation while at the same time reiterating no threat of a deflation. Draghi said that the ECB will continue to adopt its flexible monetary policy for prolonged period of time until the recovery in […]
Forex Broker News
Plus500 Files Intention for IPO to raise $50m
CFD, ETF and Forex Broker Plus500 announced yesterday its intentions to float an IPO on the London’s AIM (Alternative Investment Market) in a bid to raise $50 million at a company value of $225. The firm has nominated UK’s Investment bank, Liberum Capital Ltd. as its advisor and broker for the public offering. Plus500, which […]
Markets.com discloses capital allocation
With fear and confusion ruling the forex markets, especially with brokers registered in Cyprus, Markets.com forex broker announced the release of their audit information from KPMG, Cyprus in order to instill confidence with trading clients. According to the disclosure, it is learnt that Markets.com holds 98% of its funds in A1 (Moody’s rating) banks across […]
GCI Trading Announces new bonuses and features
GCI Trading, an online forex broker offering CFD, Forex, Commodities and Futures trading announced exciting new changes for traders. Earn Interest on all Forex accounts at GCI Trading Traders at GCI Trading can now earn interest on their unused balance. Below are the details of the interests traders can earn. On USD denominated accounts, traders […]
Latest Promotions
TopOption – Special Holiday Promotion 2013
For a limited period of time, TopOption.com is offering all new customers a whopping 100% bonus on their first deposit along with a special holiday training pack. The special training pack includes: Free one-on-one training with a market expert Packed video library, full of training tutorials Exclusive collection of Binary options trading eBook Terms and […]
Weltrade – Traders Contest, Christmas Dream
Weltrade announces the launch of its latest monthly forex demo contest with a chance to win $10,000 in total prizes. The demo contest, titled Christmas Dream is free for traders to register in the competition. The prize pool of $10,000 is divided among the top 50 traders, with the first prize being $1000, $700 and […]
SunbirdFx launches Pairbreaker Promotion
Online Forex broker, SunbirdFx today announced the launch of its newest promotion, PairBreaker. The PairBreaker is a trading tool that scans through various currencies and currency pairs and highlights the strongest and weakest of the lot. This helps traders to pick the most probable currency pairs. Retailing at $599, PairBreaker trading tool is offered Free […]
Trading Articles
Trading CFD’s? Three things that you should know
CFD, or Contract for Difference is a form of derivatives trading that offers certain distinct advantages compared to trading the security directly. Most notably, CFD trading is more commonly used for Stocks and commodities rather than spot forex. If you are considering trading CFD’s then here are 5 things to bear in mind before you […]
Four Reasons why you shouldn’t trade Twitter Stocks (CFD)
As twitter gears up for its IPO we notice a spike in forex brokers offering promotions trying to get mileage out of the Twitter IPO’s buzz. While the marketing message looks nice a juicy on the surface, scratching the surface throws up an entirely different picture. One broker that caught our attention was Avafx/Avatrade who […]
The US Debt Ceiling Explained
The financial markets have built us a system wherein society, including governments thrive on debt. The simple premise being that the more you borrow to spend, the brighter the chances for an improving economy. Old-school thinking on the contrary is of the opinion that economic growth does not necessarily have to be based on debt […]
Trading Tutorials
Trading the Head and Shoulders Price pattern
Price patterns is the field of studying some recurring patterns that happen on the price chart, across different markets. Studying price patterns and especially getting familiar with some of the many patterns can build a profitable trading strategy. Most beginners to forex usually tend to find themselves lost in tons of trading indicators, trading systems […]
Forex Vs. Stocks & CFDs
One of the most common questions that newbie and aspiring traders ask is ‘what is the best market to trade’ or ‘which instrument is best to trade’. The honest answer to that is which ever one suits your trading style best and will make you the most money as a result. Some of the advantages […]
How to trade Facebook Stocks Online with Plus500
If you find it difficult to trade let alone get hold of Facebook stocks, fret not. There are many alternatives available and one such way of trading facebook shares is via Plus500, which is a well know regulated and licensed CFD’s and Forex broker from the UK. Before we get started with how to trade […]
Trading Indicators
What is the Standard Deviation Channel
Standard deviation channel is also alternatively referred to as the Linear Regression channel. In the course of this article, we will use both the words as they mean the same. As the name implies, the Standard deviation is a channel with an upper and lower range which are placed ‘x’ standard deviations away. The Standard […]
Understanding Money Flow Index
The Money Flow Index, or MFI for short is a momentum based oscillator that was created Gene Quong and Avrum Soudack. The purpose of MFI was to measure the strength of institutional money flowing in and out of the security/instrument. It is quite similar to the RSI (Relative Strength Index) but differs in the fact […]
Using the Envelopes Trading Indicator
The envelopes trading indicator is a unique indicator. Unlike most indicators that tend to follow the trend (such as moving averages), the envelopes indicator follows the concept of reversion to the mean. The reversion to the mean concept states that when price tends to move far away, they always revisit their average price. As such, […]
