Market Updates
Markets cautious on Ukraine – Russia Crisis
As Russia decided over the weekend to deploy its troops to the Crimean region of Ukraine, the country’s Central Bank was quick to react. On Monday, the Russian Central Bank hiked interest rates by 150bps from 5.5% to 7% in an effort to stabilize the Ruble. In what is being seen as a clear mandate […]
Risk off sentiment prevails on FOMC minutes, China PMI
The FOMC minutes showed the Fed policy makers divided on various issues, ranging from taper-delay to a sooner than expected rate hike and a revised forward guidance. Equity markets closed in the red for the most part
Equity markets cheer Yellen’s testimony
In her first testimony after taking over the reigns of the US Federal Reserve from Ben Bernanke, Janet Yellen appeared before the house senate financial services committee speaking on a wide ranging topics from issues pertaining to the unemployment rate to QE tapering and emerging markets. She maintained the Fed’s mandate of maintaining a 2% […]
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 […]
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, […]
Trading Articles
Do traders and gamblers meet in Forex?
There are a lot of people out there that consider retail Forex trading as a casino packaged up as financial trading and those people more often than not are gamblers. For the typical gambler it is perfect, they can control their risk and project the image of being a trader, which has much less of a […]
How Japanese Candlestick’s Express Sentiment
We might look at them every single day and dream of them but do you actually know the history of the candlesticks used on charts, otherwise known as Japanese candlesticks. Believed to have been born as the idea of Munehisa Homma in the 1700s, Japanese candlesticks first appeared in Japan. Munehisa was a Japanese rice […]
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 […]
Trading Tutorials
How to use RSI to determine trends
Determining trends is one of the basic blocks of technical trading. As the saying goes, the trend is your friend. Trading without knowing what the prevailing trend is can prove to be disastrous. A simple way to define a trend is one where price makes higher lows and higher highs in an uptrend and when […]
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 […]
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 […]
