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Showing posts from October, 2020

XAU/USD technical set up remains in favor of bears in the near-term

  Gold has held on the support structure between $ 1.916 / 20 in the beginning of the track of the week of $ 1918.64 and $ 1933.29, to date, companies in dollars US in consolidation. DXY was unable to maintain the support in the area last week 93,30 / 50 and has given way to the bear to print a two-week low of 93.01. Subsequently, the price of gold has the role of a safe haven, rallying the most in six weeks as hopes of a recovery plan in the United States pushed the dollar lower. Furthermore, US equities had a good start to the week, pulling down on gold as risk rallies on recovery hopes. XAU/USD picks up bids above $1,920 amid mixed signals Gold prices give new impetus to reverse by moving up to the intraday high of $ 1924.52 during the Tuesday morning Asian session. The yellow metal broke a series of three-day victories yesterday as markets react to the increased likelihood of a delay in the US stimulus coronavirus (Covid-19). also providing the background music to the movements...

Is Zulu Trade a good social trading platform?

  Precisely, yes! Zulu Trade  is one of the best social training platform I ever seen. This social trading platform focused On the  Forex market , and there are only two  US participants  broker can be used with their social trading account. Zulu Trade can join for free, and watching the trade unfold. Plus, there is the option  Demo account , providing the ability to try different strategies before you risk your real money. In that platform, traders can follow trading strategies, plan for trade, and also  market analysis . Now I show you some  pros  of Zulu Trade. So, you could understand why it’s good. A Free Functional Demo Account With Zulu Trade, you can have a demo account that functions in  exactly  the same way as a real account. This social trading account, your demo account can indeed prepare you for the actual trading experience. More Benefits Over Its Competitors The company also has an edge over its  competitors . T...

Can I really make money by trading algorithmically?

  Straightforward , I think there has a 50% chance but yes, of course, people can get rich by using the right automated technology. If you ensure  proper use , then I think it will be very helpful. Even though it’s software, it’s not human, which causes you to think of the worst. However, there are several automated trading platforms that are now  available  and if you want to use them, I will recommend the FIX API trading platform from SGT Markets. I also use it and get good results. So, before using any automated trading software always remember it’s just software which means you can lose all your money. Why do I suggest the FIX API trading platform? SGT Market Series (API) provides automatic trading of foreign currencies, precious metals, and CFDs (contracts for differences) that display commodities, indices, and bonds. Also, the trader forum of the SGT Market is quite helpful. You’ll get many important pieces of information from there. Such as market news, analys...

How do you use forex signals?

  Well, it’s a vast explanation. But I will explore it as much as short. Using forex signals is mainly get profit from a trade. It is not an easy task that whenever you make a trade it will bring profit. So, most of the beginner trader use the forex signal at the beginning. Because they are afraid of their capital. They thought it will be loose. But if you do not come closer to water how can you learn swimming? Forex signals provide an accurate sign that that’s the time for trade and the trader grab that opportunity and dive into it. But, in the majority of the people are trading by themselves. Because if we look back into 10 years back that there will be no forex signals but people could trade that time without forex signals. So, if we want to trade without it, you can. But I think if you want to get more profit and haven’t enough experience about trading. You can use forex signals. Because if not, you can lose a big amount of money from your capital.

How do I make money fast on social media as a teen?

  As a teen, making money is a hard choice. Because they do not have enough time for earning money. They are studying all over the year and busy with their studies to get the best results. But it is not fast though. You have to work hard for this and you will get it. So, if you really want to make some money on social media sites, you have to do some things or may follow some steps which I include below: Create and Promote Your Own Information Products If you already have a blog, and you’ve demonstrated your expertise on a specific subject over a period of time, there may be an opportunity to create an ebook, audio program, or video course and sell it to your audience. Social media is the perfect place to promote such a product. As with anything, quality is key to creating something people not only want to read but will pay to read. If you take extra care in creating great information, designing and promoting it well, you will definitely see more sales. Promote Products and Service...

Why do I use the fix API trading platform from SGT markets?

  I think, it totally depends on you. You can use any of the API trading platforms. But your question is about SGT Markets API trading platform. So, now I am trying to support you with some of my  experience . SGT Market Series (API) provides automatic trading of foreign currencies, precious metals, and  CFDs  (contracts for differences) that display commodities,  indicates , and bonds. Also, the trader forum of the SGT Market is quite helpful. You’ll get many important pieces of information from there. Such as market news, analysis,  Forex signals , etc. Liquidity SGT Markets collect prices from various Source of bank and non-bank liquidity, Which means you will always get the best prices available on the market, this combined with leading markets spreads means better quality execution. Benefits Special liquidity for active traders in a very low latency trading environment SGT Markets FIX API: A liquidity solution that allows clients to realize their goals...

How reliable are Forex signals?

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  In the online trading history, many scammers are day by day make hazards and that’s why people like me are facing new problems. I am a forex trader. I am trading since 2015. In this certain period, I knew a lot of good and bad points about this community. Forex signal is a question that Is a forex signal really reliable? Yes or no. But I guess  60% of people who trading forex or know forex trading very well are committed that it is not reliable.  But why? any reason? The first point is, The signal provider is not my family members or any relative so why I believe in him and trade my money through his signal. Is it really a cleaver idea? No, they are not. You can’t believe on them such though a single advertisement. You have to plan some trick to verify that the following signal is reliable or not. First, you have to check what company they are and who truly provides a signal. Is he a trader or a signal analyst? You can even search on verified sites for getting signals a...