General analysis about forex market: 26th September -30th September

2 years ago forexsimulation 0
EURUSD technical analysis The medium term uptrend of the EURUSD pair still intact and trying to gain some fresh buying momentum after the dovish statement of the FOMC meeting minute. Currently, price is trading in a neutral zone and trading the pair at the current level will be an immature act. The initial support for Read More

Trading idea on major pairs: 3rd October -7th October

2 years ago forexsimulation 0
EURUSD pair In the last few weeks, the EURUSD pair has been moving in between 1.1120 – 1.1270 level. The volatility of this pair has been decreased to great extent due to the uncertainty of interest rate hike decision by the FED. In the last FOMC meeting minutes, the FED has clearly announced that they Read More

Tradable Scenarios for the British Pound

2 years ago forexsimulation 0
In the past couple of months, trading the pound has been all about brexit. In anticipation of the UK’s exit from the European Union, speculators have shorted the pound to historical lows, not seen for more than 30 years. Many short positions were taken in anticipation of a negative impact on the economy. But the Read More

Warnings and tensions at the G20 summit

2 years ago forexsimulation 0
President of China Xi Jinping officially opened the two-day summit of leaders of the world’s largest economies, the Group 20. He said that he needed their agreement on measures to create a new momentum of economic growth and to avoiding protectionism. At the start of the G20 to be held in the eastern Chinese city, Read More

Trading With the Cloud

2 years ago forexsimulation 0
The Ichimoku cloud is actually an oscillator and not an indicator even though, compared with other oscillators, it is placed on the actual chart and not below as a regular oscillator. The overall indicator represents a state of equilibrium between current price and projected and historical prices, offering an overall view of the financial product Read More

Forex trading simulator – how to become a pro-trader

2 years ago forexsimulation 0
What is forex trading simulator? Forex trading the financial instrument successfully requires an extreme level of skills and patience. You can’t expect to earn tons of money just by learning the basics of this financial instrument. Experience is a must if you truly want to become successful in this industry. There is a myth that Read More