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Investors who are new to the world of finance might be under the impression that they have to put their money in the stock market. While you can make some strong gains when you buy and sell stocks, you have other choices, such as oil trading. However, like any other business stock trading is also risky. You also can lose big on the stock market if you do not play well. Conversely, there are several ...
Types of forex brokers: ECN - STP - NDD - DD DD - Dealing Desk: A dealing desk broker is a market maker. Market makers typically offer fixed spreads and may elect to quote above or below actual market prices at any time. Market makers are always the counterparty of the trader, who doesn't trade directly with the liquidity providers. Market makers get paid through the spreads, and they usually also take the opposite trades of their clients ...
"EURUSD has been trending lower on the short-term time frames, with a potential retracement opportunity presenting itself on the 4-hour chart. Price previously broke below support around 1.0850-1.0900 before dipping close to the 1.0700 handle then pulling back.Using the Fibonacci retracement tool on the latest swing high and low shows that the 50-61.8% levels line up with the broken support zone. This might hold as resistance since it is also close ...
AUDUSD recently made a strong downside break from its ascending trend line connecting the recent lows on the 4-hour time frame. This suggests that a reversal is in order, after price completes its pullback to the broken support. The broken trend line coincides with the 61.8% Fibonacci retracement level on the latest swing high and low. If this keeps gains in check, price could resume its drop to the swing low at .7170 or much lower. ...