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Belkhayate Timing:
In 1999, after winning a tournament in trading, a well-known speculator of Moroccan origin Mustafa Belkhayat presented world with a new instrument is a channel indicator MBFX. Graphic elements of instrument were applied directly to price chart, like the indicators Bollinger Bands and Alligator.
Over
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USD/CAD touches 1.3100 for first time since February
USD/CAD tries for the figure
USD/CAD touched 1.3100 for the first time since February as oil prices rebound to unchanged on the day.
WTI had fallen as low as $58.61 but it's back to $59.36 and continuing to hang around $60 after yesterday's failed challenge.
The main level to watch is the low of
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Indicator of trend turns – KDJ:
KDJ is software instrument which help traders to determine the reversals of market tendency. Indicator belongs to trend technical instruments group. Therefore, users should trade with KDJ during high volatility.
How to enable and configure KDJ: procedure
Trader needs to perform follow
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What is the best way to learn forex trading
Learn to trade; practice and test different strategies using a demo account; start trading real money using little capital; learn to control your emotions and be as objective as possible while trading on the real account; when you reach a point where you have experience with your strategy and can co
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New Zealand ANZ business survey for June, Business confidence -38.1 (prior -32.0)
ANZ"s Business survey shows confidence for June in at a further drop to -38.1
prior -32.0
activity outlook is lower on the month also, 8.0
prior 8.5
Comments via ANZ (bolding mine, more RBNZ rate cut on the way):
The outlook for the economy is murky.
As things stand, there is no reason for
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Is FOREX a good way to make money?
If you mean, is it possible to invest less and earn high return on Forex Trading?
Then, yes it’s possible. Forex trading gives you such exposure. But, don’t forget about the high Risk involved.
I personally know few Forex traders who deposited 1000 USD and withdrawn 25000 USD in less than a month. B
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