In order to identify market dynamics and chart patterns in the forex market, technical analysts rely on several resources and indicators. Indicators used in technical analysis are broadly divided into two, leading and lagging, respectively. Knowing the difference between the two and how they respond to price shifts is crucial
- January 12, 2021
Profit-taking is the world’s easiest career. However, if we want to squeeze every penny from a deal, we need to trade smart. Ideally, when you develop your account you would like to aim twice as much as you are losing, so a risk: reward ratio of 1:2. This would significantly
- January 6, 2021
Yes, it is legal. Bitcoin miners used to be arrested by law enforcement authorities, alternatively in January 2018 Carlos Vargas, the government’s cryptocurrency superintendent said “It is an exercise that is now perfectly legal. We have had conferences with the Supreme Court so that people who have been victims of
- January 5, 2021
No, it is totally illegal. The Ecuadorian government has issued a ban on bitcoin and other digital currencies. The National Assembly of Ecuador banned bitcoins which include different decentralized digital/crypto currencies, due to the establishment of a new state-run electronic money system. Ecuador’s new project would be managed by the
- January 5, 2021
Yes it is legal, however there is a banking ban. Financial establishments are no longer allowed to facilitate bitcoin transactions. The Superintendencia Financiera warned financial establishments in 2014 that they may also no longer “protect, invest, broker, or manage virtual money operations”.
- January 5, 2021
Yes it is legal however, there is no law on the use of bitcoins.
- December 29, 2020
Yes, it is legal however it isn’t regulated, according to a 2014 announcement by the Central Bank of Brazil concerning cryptocurrencies, but is discouraged because of operational risks. In November 2017 this unregulated and discouraged status was once reiterated by the Central Bank of Brazil.
- December 29, 2020
Absolute ban. The Central Bank of Bolivia issued a resolution banning bitcoin and any different forex no longer regulated by using a country or economic region in 2014.
- December 29, 2020
