Category: Forex


Two Ways of Investments on Forex: PAMM and RAMM

Investments on Forex feature equally high risks and profits. That is why one should only trust their assets to experienced Forex players – traders demonstrating stable and high results. It used to be quite complicated: one had to find a successful trader, check their trading statistics, sign a personal management agreement and hope that the trader will go by its letter.

Bollinger Bands. Indicator Description

In the description of the indicator in the book "Bollinger on Bollinger Bands", it is said that the price remains at the borders of the lines 95% of the time and escapes those borders in 5 remaining percent. If volatility on the market is low, the upper and the lower lines are close to one the other, while the price is trading between them; the higher the volatility, the wider the channel formed by the three lines (pic 1). According to the classification, the Bollinger Bands are a trend indicator as it shows both flats and directed price movements. The timeframe may be anything from M1 to a year.

This week on the market: ECB is not ready to act; the UK is preparing for the “hardcore” Brexit

The July meeting of the European Central Bank, the new Prime Minister of Great Britain is a supporter of the “hardcore” Brexit, the slowdown in US GDP, Twitter net profit breaking records, and the US Internet giants are under investigation among the main news of last week.

A Week on the Market: Dollar Fears Not, Pound at Its Minimums

Cryptocurrencies need regulating. - Mnuchin The US Secretary of the Treasury Steven Mnuchin thinks that millions of dollars are laundered via cryptocurrencies. In this light he considers it necessary to introduce regulations to the cryptocurrency market same as to normal financial services, which means rather tough regulations.However, in order to start regulating the market, it […]

Top News of the Week: Federal Reserve, Bitcoin and Some Statistics

EUR/USD: Federal Reserve attracted maximum attention Recently the major currency pair has grown significantly; however, this is not because the euro has become surprisingly strong out of the blue. The reason is in the policy of the US Federal Reserve system, specifically, their decision to lower the interest rate on the July session. There is […]