#forexdiscipline#

My Trade of the Week for this week commencing 24th May 2021 is SHORT GBPNZD. GBP is weakening across the board and it could be that we don't make it to 1.9830/40 region but if we do then I'll be looking to SHORT this pair as this area is WR1 pivot resistance and this coincides with historical resist

Photo: Google Image Following a more than a year-long preparatory work, a regulatory guideline that is often referred to as the ESMA CFD intervention got recently published. These are new regulatory measures affecting online brokerages operating in the European Union and investors using these broker

Photo: Google Image Forex is the largest, most liquid market on the planet. That size and scope creates unique challenges regarding market regulation. How do you regulate a market that is trading 24 hours a day, all over the world? There is no centralized body governing the currency trading market;

Photo: Google Image Yes, forex trading is ethical as long as market participants do not manipulate currencies' prices to profit from its strength or weakness. Forex trading is a decentralized global marketplace to trade currencies with an estimated average daily turnover of over $5 trillion. Large b

Photo: Google Image High-frequency trading is the process of executing system-generated orders in the blink of an eye. High-frequency trading has a competitive edge over the other traders who do have access to expensive, super-fast computers. That said, high-frequency trading is ethical, and it does

Photo: Google Image New traders wishing to open their first forex accounts are usually the most vulnerable to fall prey to scam brokers. These days, many unlicensed brokers are seeking ways to get their hands on new traders’ money. They have devised ingenious ways to lure their victims to their trap

Photo: Google Image Each country has its own regulation to monitor the forex activities. Get to know the various forex regulations present in different countries. Forex Regulation in the US The regulatory bodies in the United States are the CFTC and the NFA. The CFTC determines the rules regulating

Photo: Google Image It is crucial to recognize that there is a distinction between typical investment losses and online broker fraud. Losing money on your investments does not imply you have been a victim of fraud. Additionally, there are occasions when a clerical error may have been made. Again, th

Photo: google Image The most important forex market regulators cover the jurisdictions where most of the world’s forex brokerage businesses are located. In reality, it is not possible to have forex brokers in every country. The forex market is decentralized and therefore you will see some traders in

Photo: Google Image It is important to regulate forex because the amount of money that passes through the market every day makes it very attractive for all sorts of scammers and white-collar criminals to pervade the marketplace. Many of these criminals have found that the easiest way to con would-be

Photo: Leaprate The US Commodity Futures Trading Commission announced that the court entered a consent order permanently banning Mark N. Pyatt from trading commodity futures and retail forex contracts for fraudulently soliciting individuals to place funds in a commodity pool and to misappropriating

Photo: Leaprate The Securities and Exchange Commission (SEC) announced giving more than $3.6 million in total to whistleblowers in connection with three separate enforcement actions. The first whistleblower received over $1.8 million for providing significant information about a fraudulent scheme. T

Photo: Leaprate New Zealand Financial Markets Authority added Clearing Falcon Group Limited, Genuine Progress Index Limited and Yunma Tianlong International Consulting Co., Limited, Karatbars International GmbH, Karatbit Foundation and associated companies, Gold Standard Bank, Freebay, Sixon Investm

Photo: Investopedia Regulators should act now to prevent any repeat of the fixing scandal of 2013. Bar a few notable exceptions, sequels are never as good as the originals. Character development is often exhausted in the first instalment and the ending is usually just a more grandiose version of the