Author: Editorial Team

ForexPromos Editorial Team is comprised of a selection of hand picked editors that bring you the latest breaking news from the financial markets. We also provide forex educative articles as well as comprehensive fx broker reviews.

First Binary Option Broker Review

First Binary Option Broker Review

Forex Broker Reviews
First Binary Option broker is a refreshing change for serious binary options traders. Unlike the regular spin offs from white label services such as Tradologic or Spotoption, First Binary Option takes an independent approach to trading binary options. Indeed, if you prefer to make serious money with binary option and not gamble, First Binary Option is a uniquely positioned binary options broker that could be just your right binary options broker to trade with. Website: Firstbinaryoption.com Minimum Deposit: $5 Minimum Trade: $1 Currencies: 27 forex pairs Stocks: 15 NYSE stocks, 9 MICEX stocks Commodities: Gold, Silver, Brent Crude Oil, WTI Crude Oil Indices: 11 global indices Deposit Methods: Credit/Debit Cards, eWallets, Bank wire transfer...
Monsanto is ripe for a pull back to 100

Monsanto is ripe for a pull back to 100

Technical Analysis
Monsanto is in the news after an initial Bloomberg report that Bayer AG, the German pharmaceutical giant was considering a takeover of the bio tech company which is well known for its GMO (genetically modified) seeds and agricultural products. The takeover bid was for $62 billion and was unsolicited. Under the terms, Bayer approached Monsanto for a deal which includes an offer of $122 a share, which is at a 3% premium. While the offer was made on Monday, Monsanto rejected the bid. The company said that the offer from Bayer AG was inadequate but said that it was open to continue the conversation. In a statement, Monsanto CEO Hugh Grant said "We believe in the substantial benefits an integrated strategy could provide to growers and broader society, and we have long respected Bayer’s busin
Integrating the MACD with Your Strategy

Integrating the MACD with Your Strategy

Trading Articles
After discovering the multiple benefits of employing moving averages in an effort to better time the market and identify key support and resistance pockets, the next logical progression of indicators is to focus on the moving average convergence divergence, more commonly referred to as the MACD. The big idea behind this indicator is understanding the best time to establish Call or Put positions depending on the signal produced by the MACD.  This is a very valuable indicator for short-term investors in particular, especially if used to define both entry and exit points for a trading strategy. The Different Components The MACD indicator is comprised of two main components: the moving average convergence divergence line and the signal line.  Additionally, on some platforms, there will be
DISNEY Earnings due today – Should you buy or sell?

DISNEY Earnings due today – Should you buy or sell?

Technical Analysis
Walt Disney Inc. (NYSE: DIS) is all set to report its earnings today, 10th May after market hours. The earnings report will be for the fiscal quarter ending March 2016. The street expects Disney's EPS for the quarter at $1.40 - $1.39. In the same period last year, Disney's EPS was $1.23, so today's earnings if matches estimates could see a 13% increase compared to the same quarter last year. On May 9th close, Disney's shares were down 0.19%, trading at 105.34 after posting an 18-week high at 106.68. Disney’s EPA for 2016 is 13.22%, above the industry average (Media) of -2.40%, while price to earnings is 18.10, slightly below industry average of 19.80. DISNEY - Key Fundamentals Of interest in today's earnings will be the following: Revenue: Analysts expect Disney to report $13.4 b
Five tips to better Support and Resistance trading

Five tips to better Support and Resistance trading

Trading Strategies
Support and resistance also known as supply/demand form one of the basic elements of trading, perhaps only next to price action. Whether you are trading with moving averages or Bollinger bands, chart patterns or Fibonacci levels, the basic reason why prices behave the way they do has got to do with support and resistance levels. Fibonacci aficionados might continue to believe in the 'magic' element of the golden number and its derived levels, but as a matter of fact, it is the support and resistance levels behind the price action than indicators or a 38.2% Fib retracement. This article assumes that the reader already knows what support and resistance levels are. It merely builds upon this information and explores easy to use tips that will definitely help you to trade the support and re...