Business strategy

First impression of 365-FX 365-FX is a trademark allegedly owned and operated by Fintech Software Inc., with the site listed as Oproserv Limited, with a location in the United Kingdom. Initially, the company was positioned as a binary options broker, but due to stricter requirements of European regulators, it switched to providing services for trading currencies, metals, CFDs and cryptopairs. However, when we go to the company's website, we understand that it did not matter, to put it mildly. The web resource resembles a single page with a meager set of information that does not give an idea of the terms of trade. The site interface is in English. Trading conditions Among these assets for trading, we find currencies, stocks, indices, metals, and cryptocurrencies. The spreads are frankly large. For the Eurodollar – 4 p, for the pound as much as 5. There are 4 types of accounts: Mini, Silver, Gold, and Platinum. These types of accounts have remained since the days of binary options,

 A lot is a standard unit in the Forex market that is traded by traders. This concept was introduced in order to make it easier to learn trading and analyze trading. Of course, for ordinary traders in the Forex market, this concept is not so important, since the amounts are too small. The volume of transactions in this case is measured in tenths or even hundredths of the lot units. This concept is intended more for large players. What is a lot? As we have already understood, a lot is a unit in which the volume of transactions is measured, indicating 100 thousand units of the base currency (that is, the one that costs the first). For example, if you take the EURUSD pair, then this will be considered the Euro. As you can see, an ordinary trader will not be able to trade whole lots, because it is unlikely that he will have the amount necessary to buy at least one unit of currency. Lots-definition, calculation, types Lots are traded by brokers, commercial and Central banks. In fact, they d

 Determining the trend is the number one task of any currency trader. Some manage to go against the current trend in some way, but this is mostly a losing option. It is better to wait for a good moment when you can enter the market. In this article, we will discuss what trend channels are and how they relate to the financial market. What is a trend? A trend is like a map that you need to follow to make a profit. If we know which way the quotes are moving, this data can be used for our purposes. This is the main information that we can use to master the world. Or at least make some money. A channel is a trend boundary whose breakout means a change in the trend. This is very well depicted in the drawing from Jack Schwager's book " Technical analysis. Full course”. In this figure, we see a downward trend (that is, one in which the value of an asset decreases). What do we know from this picture? 1. If we open any deal for sale in mid-December, we can make a profit for at least 5 m

Scammers 10 brokers: review of a scam project What is our rating brokers for? Choosing a broker for Forex trading is a very important task, because entrusting money to a fraudster means simply losing it. Scammers pretending to be decent brokers are becoming more and more numerous, and the 10 brokers Scam is one of them. In this review, we will study the reviews of 10 brokers and the main information about this company, and come to a final conclusion whether it can be trusted or not. About the company The brokerage organization 10 brokers is a fairly young company, the year of its beginning is considered to be 2017. There is not much information about the location of the headquarters – we only know that it is located in Estonia. On the one hand, being located in an EU member state (if this is true at all) is a good thing, because most scammers are offshore brokers based somewhere in the Caribbean. On the other hand, the lack of accurate data regarding the address is a sign that the scam

 Patterns are a set of specific patterns of market price movement. As you know, there is an important, and perhaps the main postulate of working in the Forex currency market, which tells us that history repeats itself almost always. Therefore, the price chart will contain certain figures that were once in history and are more likely to occur in the future. This way we can calculate the price direction. Usually, patterns are classified into reversal and further continuation patterns. The first is a "beacon" confirming the continuation of the trend, the second, respectively, for its change. The "Zigzag" figure The zigzag figure is often drawn when the price is correcting the price or at the beginning of a trend. The "Triangle" figure can Be descending (the so-called resistance line looks to the South) and ascending (respectively, the support line points to the South). The triangle can also be either narrowing or expanding. U-turn shapes "Double vertex&q

Forex indicators are quite simple and attractive ways to understand what is happening at the moment in the financial market. Of course, they can not predict all the variety of changes, but they can give a signal that you need to enter or exit the market. You don't need to be too trusting about the indicators, but why not take their opinion into account? Today we will talk about a very simple but effective oscillator (a type of indicator that is designed to understand what is happening during the flat period), which is called the “Williams Percentage range”. Williams percentage range The task of the Williams percentage range is to determine the speed at which prices move. This indicator is quite old, it was invented back in 1973. It allows you to determine the closing price relative to the maximum and minimum values. The question is, why is this necessary? And to determine overbought and oversold. For reference, overbought is the state of the market when the price of a currency has