70 Trades India reviews with Binary options trading advices: 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.
In binary options trading, moving averages are used as a regular trend line, that is, a signal to open a transaction will be either a breakdown of the line followed by a reversal or a break from the moving average line with the continuation of movement along with the main trend. One moving average for an accurate binary options strategy is not enough due to a delay relative to the current price. Combinations of “short” and “long” averages are used to improve signal accuracy. The number of billing periods depends on the characteristics of the trading asset. The most reliable are the pairs in which the periods differ by 5 or more times, for example, SMA (5) + SMA (20), SMA (10) + EMA (50), SMA (20) + SMA (100).
The company Westernpips Group positions itself in the market as a high-tech company with its algorithmic systems, advanced IT infrastructure, large-scale developments and a wide range of various services. The programs is one of the main information products of the Company. Our team of highly qualified programmers is developing software for the Forex market and CFD`s as well as for the crypto currency market. Our software combines the largest liquidity providers (quotations) at the moment, and is a unique development of our specialists, created specifically for arbitrage trading with a lot of tools for arbitrage on Forex, CFD`s and crypto currencies that help you earn. Westernpips Group is one of the few companies that provide fast data feed directly from exchanges. As a result, our customers receive the fastest, most reliable and accurate quotes. Many large institutional traders rely on Westernpips Group’s software in their arbitrage trading.
70 Trade is a good company, yes, I had as well as ups and downs in trading, but I would not like to blame anyone for my failures! At least, if to ananyze globally, then the fault of my own is much more than the fault of the broker. Because the whole information I received from the broker as well as analytics was treated by me with great skepticism. But then I changed my attitude in order to earn more and learn more. And you know, I can tell you that my transactions were almost always closed with a plus, and the deposit began to grow steadily upwards. This happens during the last 1.5 – 2 months. Explore additional details on 70 Trades India review.
The first strategy uses the CCI (Commodity Channel Index) oscillator. The indicator is designed for the stock market but is actively used in Forex as an indicator of critical zones and possible pivot points. The main idea is that the price changes cyclically, and extremes appear at certain intervals. CCI should identify extreme prices and signal in time that the current trend is weakening or changing direction. PUT-option is opened when CCI falls below the level of +100 (overbought), CALL-option when it is above -100 (oversold) and crosses the zero level. For manual trading you can open trades immediately after the release of +/- 100, there are zero levels will be an additional filter.
FOREX is a high risk activity and you should learn the basics yourself before starting. Forex trading beginners can fully enjoy the heart-throbbing rush of adrenaline of trading with foreign exchange and being involved with a market that is risky yet empowering and potentially highly profitable without leaving their careers and the security of monthly earnings. Even with successful traders, Forex trading remains just a way to get some nice income on the side. However, it is still a great opportunity you don’t want to miss and here is where the major concern for part-time Forex traders comes into place.