Many traders in the financial markets, especially those trading the Forex market, do not pay much attention to a very important aspect in trading that can cause great losses or reduce large profits. Referred to as Slippage, this is the difference between the ask price and the execution price.
Utilizing an ECN forex broker to trade with, provides many different significant benefits, quite possibly the most visible being the tight spreads along with deep liquidity. ECN is short for an Electronic Communications Network. ECN forex brokers does not offer the functionality of a dealing desk but instead creates a market place where in several market makers
July 28, 2011 would have been Ralph N. Elliott’s 140th birthday, so it is only fitting to post an excerpt from his essay, “The Basis of the Wave Principle.” There’s nothing like reading for yourself what the discoverer of the Wave Principle, later to be known as Eliott Wave principle wrote about how the principle works. The following passage is an excerpt from the book, R.N. Elliott’s Masterworks. This is the definitive collection that Robert Prechter collected and published in 1994.
Binary options is seen as a purely risky markets which also brings about the number of hazards engaged with it as well. With an increase of hazards, comes the need for a good binary options trading strategy that can offset the threats posed by the volatile markets, particularly during peak hours where the markets can transform either way.