RaniFx
Understanding Black Swan Events
Black swan events refer to unexpected occurrences that are typically highly impactful yet difficult to predict. This term is commonly used in reference to low probability but high consequence events that transpire within financial markets. One of the most notable black swan events in forex took plac
FCA Blacklist: Warnings Against These Unlicensed FX Brokers
Forex scammers lie about being regulated to gain traders' trust - this is a trick you may often see. So checking the regulators' registers becomes a crucial thing when you trade forex. For protecting investors' funds, financial regulators like FCA keep their blacklists updated, whic
How to Trade Double-Bottom Pattern?
Understanding the Double-Bottom Patter The double bottom pattern is a classic icon pattern in technical analysis, it represents a bullish reversal pattern that forms after a downtrend. Its shape looks like a ''W'', consists of two consecutive troughs that are roughly equal, with a peak in between. B
On its 11th anniversary, OctaFX announces a visual rebranding
11 years of providing brokerage services marks an important milestone for OctaFX. For the first time, the broker decided to hold a visual rebranding. Over more than a decade, OctaFX has managed to accomplish numerous achievements. Today, clients from over 150 countries have opened more than 12 milli
Protect yourself in the financial markets: 8 useful tips for choosing a broker
Choosing a reliable broker to invest with isn’t always easy. Types of brokers It is important to choose the type of broker you will trade with according to your goals and investment approach. Cryptocurrency brokers and exchanges are a way to go if you find it easy to navigate highly volatile markets
Russia-Ukraine war can cause more pain to euro, pound
Despite measures taken by US, the UK, the EU, Japan, Taiwan, Australia and New Zealand against Russia, Moscow continued to invade Ukrainian cities. The United States’ move to ban imports of oil and other energy products from Russia sent crude oil surging to close to $140 a barrel -- the highest sinc
Amazon was the worst-performing FAANG stock of 2021 — here's why
Amazon shares finished 2021 as the biggest laggard among the mega-cap technology names, but there’s reason to believe 2022 could be a brighter year for the stock. Shares of Amazon rose a measly 2.4% in 2021, vastly underperforming the four other so-called FAANG stocks. Apple gained 34%, Meta Platfor
GBP/NZD | Potential Upward Movement
#GBP/NZD# 💡 Trade Idea 📈 Buy Stop GBP/NZD 1.9077 🎯 Target Profit 1.9244 🛑 Stop Loss 1.8994 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The pair is ranging within a bearish channel and it showed a double bottom indicating a potential reversa
DEC 4TH Trade Idea
#NZD/JPY# DEC 4TH Trade Idea Risk Management: 0. 01 Lot Per $100 in your account MAXIMUM! Daily Stop Loss = Results today (+/-) no drawdown Big Stop Loss = Give trades space to move, protect account I AM BUYING NZDJPY 78 PIPS ENTRY 73.438 TAKE PROFIT = 74.219 STOP LOSS = 73.050 MOVE SL
Pull-up Update