70 Trades India reviews with FOREX trading guides: Forex trading carries high levels of risk and for that reason we can refer to Forex as “difficult”. It’s risky and difficult because the market could anytime move against you but if you know what you are doing you can implement tools that will limit any loses that may occur so once you know what you’re doing you may find it easy but this will take some time..If you ask yourself the question “Is Forex trading easy or difficult?”, we are saying it may seem difficult at first but once you learn how to trade and how to anticipate and manage accordingly you’d be in a much better position.
As long as the price moves in the cloud (or near it) – the market is in a lateral position (flat), and its boundaries will be dynamic resistance/support levels. If price moves above the upper border of Kumo, the trend goes up, if it goes beyond a lower border, it is bearish. Tenkan-sen line is considered the same trend indicator. Kijun-sen line shows the probability of a trend change. The intersection of this line of the price chart means a near reversal. First signal. The Chinkou Span line breaks price chart: from the bottom – top, opens the CALL option, from top-bottom – open PUT option. Second signal. The Tenkan line leads Kijun-Sen from bottom to top (Golden Cross) – open CALL-option, if from top-bottom (Dead Cross) – open Put-option. Third signal. We reason the same way: crossing the Senkou-A line with Senkou-B line from bottom-up is CALL-option, from top-down the PUT-option.
Risk (%) allows you to configure the calculation of the lot in% of the deposit and disperse the deposit in a short time due to the constant increase in lots. MinGapForOpen setting to limit the minimum signal heap. If the current Gap is greater than this value, a deal will be opened. Use of this parameter is necessary for brokers with a floating spread. to limit false signals if the spread is too low. Traling function to support an open order with the ability to increase the profitability of the transaction due to a smooth increase in TakeProfit in the wake of the price movement. The ability to analyze and test the arbitration algorithm on history will be added. ticks and choose the most favorable settings, taking into account slippage and the time of execution of the order. This will allow us to adapt the work of arbitration even on those brokers where there is slippage and achieve higher profitability for the long term.
After a year of trading with 70 Trade, I can only say good. First of all, the broker did not let down his reputation as an honest company, and did not let my trust down. Trading with minimal drawdowns, I consistently receive profit from transactions. Withdrawals usually take from three to five days. I don`t think I really can rate my analyst `cos sometimes his recommendations was useful but he also can be wrong. Discover more details at https://medium.com/@Brady_Camden/70-trades-india-my-opinion-and-review-95bcceee8254.
Most auto binary signals keep their algorithms secret, especially if they work through a specific broker or he gives signals to the trading platform. vfxAlert is more open, the site has a brief description of strategies. This allows traders to understand how to change their trading style and choose the right tools for more efficient use of signals. The full version of the signals is available only in the paid version. Let’s not argue that paid options or free binary signals are better. This article is for traders who make their own decisions. Important: the service only provides signals without any liability for customer losses. See your strategy and how the broker works.
FOREX is a high risk activity and you should learn the basics yourself before starting. So let’s say you have the typical 9 to 5 job. You can run through the charts in the morning and in the evening and make a quick analysis, it shouldn’t take you more than 20 minutes once you build up your routine. As a part-time Forex trader, you will mainly be concerned with end-of-day trading and analysis and it is important for you to find the right platform providing you with daily chart time frames or the chart time frames you are most interested in so you are able to catch high-probability end-of-day price action setups.