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

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

All financial activities in a country are usually put into the hands of some special agencies or people. They are responsible, though, for different things – like bank operations, currency exchange rate and etc. Alongside these things, a financial regulator also handles the financial trading activity, if such is permitted

Canadian forex brokers must abide by the rules and regulations laid out by the Investment Industry Regulatory Organization of Canada (IIROC) if they want to work with traders from Canada. This means that when you sign up with one of our recommended online forex brokers that operate in Canada, you’re

Tips on choosing the best Forex brokers in Brazil Foreign exchange is a massive market that bills for extra than $4 trillion in trades each and every day. There is no central marketplace for foreign exchange trading so merchants are pressured to select a Forex broking to assist them in behavior business. There are a variety of Forex brokers in Brazil, and it’s essential to select the proper one. It can be very overwhelming sifting via all the data available, so why don’t we assist via looking at five elements you be taking into account when looking for

The Central Bank of Brazil monitors all transactions and controls the glide of incoming and outgoing transactions if the Forex market in Brazil. It is the regulatory body that oversees the Forex industry. The Brazilian central bank saves all foreign trade contracts in the Sisbacen system. Residents of Brazil who have a Forex buying and selling account with Brazilian foreign money can take part in the thrilling world of Forex. If

Opening a forex account as a Vietnamese trader will differ based on the offshore broker you decide to work with. Some forex brokers will only require basic personal information, such as your name, address, email, phone number, date of birth, and nationality. Other brokers might require extra information, such as the name and tackle of your employer, what

The short answer is yes, but it is a little bit complicated. Although it is illegal to set up a forex brokerage in Vietnam and to trade with a forex broker based in Vietnam, there are currently no laws or regulations around clients using offshore brokers. This means you can

Searching for the best forex brokers in Brazil is slightly more difficult than in other countries of the world. This is because, unfortunately, the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários, or CMV for short) imposes complicated rules on forex trading. This doesn’t mean, however, that Brazilian forex

Nearly every country in the world will have a set of rules and regulations in place that govern trading on the financial markets, along with those that provide related services. For investors, this is very important as it provides a level of protection. It also serves to prevent fraudulent activities.