FXOpen Trader

If we will start doing constant Efforts in this business then we will make more improvements easily.

I am very satisfied with my Trading Results with the International Broker FXOpen Global

We must make use of the Lower trading leverage settings so that the risks will stay under control.

When we are trading we will need to manage our trades and use the correct Support and Resistance levels.

We do not have to do Gambling in this business and make use of the Trading Skills to get the Profits.

We will need to learn doing Money Management in our trades so that the income can start coming to us.

We will need to use Information that is available with us so that we are able to do our trading with Profits.

We will h ave to understand that in the business of Forex trading there is no place for Greed.

We have to do our trading with Lower Spreads and this is why i choose to do my trades with the FXOpen

I would like to say that making quick profits from this business is not possible and we will need to understand this.

We will need to make Extra Efforts so that we are able to increase our trading skills and knowledge in this field.

We have to understand the importance of the News in the Forex markets so that we can use them in doing our trades with Plan.

To be able to become a successful trader in this business we will need to use our Trading Skills and also do trades in the correct directions.

The selection of the Forex broker is very important for us because we will need to use a broker that is Regulated like FXOpen

IF we want to earn income from our trading we need to use True ECN Forex Broker like FXOpen

I have been doing my Forex trading with a Regulated and International Forex Broker FXOpen

We will need to understand that Forex trading will require Special Efforts and we will need to make such kind of Efforts.

I have been doing my Forex trading with the True ECN and International Forex Broker FXOpen Global

To be able to do our trading correctly we will need to understand that Timings are very important in this business.

Gold Price Remains At Risk, Oil Price Extends Rally Gold price failed to clear the $1,800 resistance zone and started a fresh decline. Crude oil price is rising and it is showing a lot of positive signs above $64.50. Important Takeaways for Gold and Oil Gold price failed to clear the $1,790 and $1,800 resistance levels against the US Dollar. There is a key bearish trend line forming with resistance near $1,788 on the hourly chart of gold. Crude oil price climbed higher nicely and it even broke the $65.00 resistance zone. There is a crucial bullish trend line forming with support near $64.30 on the hourly chart of XTI/USD. Gold Price Technical Analysis Earlier this week, gold price climbed higher above the $1,780 resistance against the US Dollar. However, it failed to clear the $1,790 and $1,800 resistance levels. A high was formed near $1,789 on FXOpen before the price started a fresh decline. There was a break below the $1,780 and $1,765 support levels. The price even settled below the $1,780 level and the 50 hourly simple moving average. A low was formed near $1,756 before the price recovered. It climbed above the $1,765 level. There was a break above the 23.6% Fib retracement level of the recent decline from the $1,789 high to $1,756 low. However, the price failed to clear the $1,780 resistance and the 50 hourly simple moving average. It also struggled near the 50% Fib retracement level of the recent decline from the $1,789 high to $1,756 low. Moreover, there is a key bearish trend line forming with resistance near $1,788 on the hourly chart of gold. The price must clear the $1,780 resistance and the trend line to start a strong increase in the coming sessions. If not, there is a risk of another decline below the $1,760 level. The first key support is near the $1,755 and $1,750 levels. Any more losses might call for a test of the $1,720 support. Read Full on FXOpen Company Blog...

LTC and EOS – Breakout seen but would it be confirmed? LTC/USD The price of Litecoin has been on the rise since the 26th of April when it fell down to $211. From there we have seen an increase of 26.4% as it came up to $266.6 at its highest point. It started moving sideways from yesterday’s high and is currently sitting slightly lower but is in an upward trajectory overall. On the hourly chart, we can see that the price has started breakout out from the symmetrical triangle in which it was since yesterday’s high. This could be an early indication that the price is now headed further up. However, a confirmation is needed which could come as the hourly candle close above the territory of the symmetrical triangle and then a successful retest of its resistance for support The previous descending move has definitely ended as a five-wave correction however it is still unclear how the current rise would end and which type of structure it could form. There are three possible scenarios in play. The first being that we are seeing the starting five-wave impulse in which case its third sub-waves 1st wave has developed. The next one is slightly negative and considered the rise from the 26th as the ABC correction with more upside potential for the C wave. The third one is the most negative one and implies that the ABC correction to the upside already ended in which case we are now seeing the start of the next descending move with the symmetrical triangle being its 2nd sub-wave. Read Full on FXOpen Company Blog...

Forex trading is an International Type of business and we will need to manage our trading in a way that can give us the Profits.

We can learn doing our trading with the help of the DEMO Trading accounts.

If we want to get income from our trades then we will need to minimize the Risks present into our trading.

We have to understand this fact that in this business a Loss can happen to us at any time and we need to minimize our losses.