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.
Ever increasing protests, revolutions, and unrest in Middle Eastern and North African countries creates uncertainty in world markets.
"To me it seems pretty clear that (gold will) go to at least $2,000"
Jim Rogers, Commodities and Investing Expert
"Oil Prices could tumble once the region settles down"
Jim Ritterbusch, Energy Analyst
As the situation develops, every news event creates significant market reaction so now is the time to take advantage. Since the outbreak of unrest throughout the region, the markets have seen movements of 200-300 pips in a single day!
With Ava FX, you can trade LONG or SHORT on all major currencies, commodities, indexes and more, giving you the utmost opportunities to monetize on world events.
With up to 200:1 leverage – your money can be wor
Islamic Forex Accounts or No Riba Accounts or Shariah forex accounts are accounts are based on Islamic clients' religious beliefs which basically state that people should give and not expect anything in return and as such they do not pay or receive interest within the Economic industry. This belief was adapted to Forex Trading and as such Islamic clients can request an Islamic Forex account which allows a client to trade and not pay any interest on open positions. You must be a Muslim to open an Islamic Forex account. That might cause legal problems. The reason they are called Islamic Forex accounts is because they were created to meet the needs of the Islamic trading community
Forex brokerages and companies charge interest on positions clients have open overnight; not as an excuse to c...
Bollinger Bands® are volatility indicators represented by a simple moving average alongside a + and - deviation called the upper and lower bands. A detailed explanation of the Bollinger Band indicator can be found here.
Bollinger Bands indicator makes for a great indicator as part of a trading system when it comes to forex. However, with binary options trading, traders will have to pay more attention to price action and Bollinger Bands. Unlike forex, where its easier to enter a trade with a fixed target price, with Binary options, traders need to consider an additional parameter, which is the contract expiry time.
So for example, if there was a reversal at the upper bollinger band on the 15m chart, while it hints to a CALL option, the trader would have to choose their expiry times a
Before we speak about binary options hedging, we need to understand the basic concept of hedging. Although hedging sounds like your neighbor's hobby who's obsessed with his topiary garden full of tall bushes shaped like giraffes and dinosaurs, hedging is a practice every investor should know about. There is no arguing that portfolio protection is often just as important as portfolio appreciation. Like your neighbor's obsession, however, hedging is talked about more than it is explained, making it seem as though it belongs only to the most esoteric financial realms. Well, even if you are a beginner, you can learn what hedging is, how it works and what hedging techniques investors and companies use to protect themselves.
The concept of Hedging in trading?
The best way to understand hedging...
Over the past 2 weeks, gold has seen its biggest two day drop since February of 2010. What bull market goes up in a straight line?
But, what triggered this drop?
It's simple. If investors believe their future with gold is good, then they will buy gold. If investors believe their future with gold is full of warnings than they will not run to the precious metal.
What are examples of "warnings? We see plenty of those and we have plenty of worries to keep even the most experienced investor awake at night. Some examples are: quantitative easing, sovereign debt, currency wars, EURO ZONE problems, and a housing market where 1:7 mortgages are in foreclosure; also inflation, deflation, hyperinflation, etc.
Has the ECB done enough to fix its ongoing debt crisis? Is the US Economy truly o...