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28/59
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Dear Valuable Reader,
From time to time assets make big, unexpected movements which cause price jumps. Such jumps leave gaps in stock price charts. They usually take place after trading pauses, when trades are stopped for a night, weekend or holidays. Sometimes such gaps are the result of some breaking news also. So, when supply exceeds demand, the price will decrease and often it will drop to that closing price of the previous night, and the gap made by it will be closed.You may now utilize it for your successful trading. In this instance you should seek for overnight, weekend, holiday or news gaps in Forex. As soon as you find one, you are able to forecast the asset price movement direction and convert your knowledge into profit.
Gap trading can be used in binary options of several types, lets have 2 recent examples on EURUSD to analyze for a while:
1- first was in date Monday 30th January , at Market opening in 22:00pm(Sunday) .
Market recent close was ( 1.0696 )
Market opened on price (1.0722 )
so gap distance is (26 pips-up)
in 1st hour gap shorted to (22 pips-up).
Price went under the line of starting price at (7:00am)
then gap totally closed in (9:00am)
So time spent…
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Illya avatar
Illya 31 Mar.

Nice!

Vlad73 avatar
Vlad73 31 Mar.

good

FXRabbit avatar
FXRabbit 31 Mar.

Good article!

Verona888 avatar
Verona888 31 Mar.

Great job!)

SikmaN avatar
SikmaN 31 Mar.

Успехов!!!

orto leave comments
25/59
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Dear Valuable Reader,
Have you ever wondered which currencies receive the most trading action? The data for the following chart comes from a survey done every three years by the Bank of International Settlements (BIS).
Note that trading volume adds up to 200%, because each currency trade has a pairing.
The Chinese Yuan is now the 8th most traded currency in the world, for a total share of 4.0%.
That means its share has doubled since the 2013 BIS report:
But what is bitcoin’s trading volume like, relative to other currencies?
Bitcoin: In the last 30 days, about $3 billion of bitcoin has been traded, which averages out to $100 million per day.

Other Currencies:
The total amount of forex transactions per day is $5.1 trillion. The estimated daily turnover of just the Chinese yuan is $202 billion per day.
That means that the yuan has approximately 2,000x the volume traded of bitcoin, while total forex is 51,000x the size. In other words, bitcoin has a way to go to become one of the world’s most traded currencies.
Almost the traders in the world are trading now EUR/USD , which came in the 1st rank in 2016 for the most traded pair, by which reflects that it is the most volume of money fl…
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Illya avatar
Illya 31 Mar.

Good!

Vlad73 avatar
Vlad73 31 Mar.

good job

FXRabbit avatar
FXRabbit 31 Mar.

Well written!

Verona888 avatar
Verona888 31 Mar.

Useful information!

SikmaN avatar
SikmaN 31 Mar.

Успехов!!!

orto leave comments
27/59
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Dear Valuable Reader,
Me and each one of you should take attention for some few points to reach the successful trading, Specially If you are not a full-time trader. I am working in a company for 8 hours daily, have no proper time to analysis and to get the best from the forex market! In the beginning of my forex journey I asked myself a lot of questions, Like: What should I do to organize myself? Are there a difference between a part-time forex trader and a full-time one? What kind of trading style should I use? short-term or long-term trading? What is the best for me? and If I use both, What should I do?
Thus one can be a part-time trader on both a long term and a short term basis, but with different options available, and differing approaches being necessary. A part-time short term trader must follow a purely technical approach and apply money management methods with rigor and discipline. In this case the time of entry does not matter that much, but we should avoid periods of high volatility. As such, the part time trader would probably thrive when the market is calmer, trading is subdued, and technical factors dominate, a scenario that is most often encountered towards the closi…
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Vlad73 avatar
Vlad73 31 Mar.

well done

FXRabbit avatar
FXRabbit 31 Mar.

Good article!

Verona888 avatar
Verona888 31 Mar.

Nice!)

SikmaN avatar
SikmaN 31 Mar.

Успехов!!!

Helena1989 avatar

Супер успехов

orto leave comments