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  • samsharmasamsharma Posts: 1
    That is great
  • XtreamForexXtreamForex Posts: 263
    XtreamForex is the Fastest Growing ECN Forex Broker in the Financial Market

    XtreamForex is a Brand Name Of Top Trading Firm Grand Investing LTD. Grand Investing LTD was incorporated in October 2007 and is headquartered in the centre of Majuro, Marshall Islands. The Company is a member of Grand Investing Group, one of the Biggest Trading Companies in southeast Europe. Grand Investing Group has twenty years of experience in investment and commercial banking, as well as real estate investments.
    In January 2016, XtreamForex - (a trade name of Grand Investing LTD) - was formed in order to provide retail investors access to the currency, commodities, energies and equities markets.

    Clients of XtreamForex are offered a choice of 5 account types, in order to suit the needs of traders of all levels and preferences. All accounts, except the ECN and ECN Pro, are commission-free and offer variable spreads.

    Swap-free service is available to clients of Islamic belief on Micro & Standard account types. Scalping, hedging as well as automated strategies (EAs) are allowed on the Xtream account.

    XtreamForex is a member of the Investors Compensation Fund and that client funds are held in segregated bank accounts as per our regulations requirements. What is more, the broker provides negative balance protection, ensuring that its clients do not lose more than they have invested.

    Trading Conditions

    Minimum Initial Deposit
    XtreamForex requires a minimum investment of $5 from traders to open an account, which is a very low minimum deposit requirement.

    Maximum Leverage
    The maximum leverage rates offered by this broker are high, reaching 1:1000.

    Forex Trading Platform
    XtreamForex offers its customers the famous MetaTrader 4 (MT4), desktop and mobile versions available (for Android, iPad & iPhone).

    Customer Support
    XtreamForex Customer support is available 24/5 during market opening times. We believe to build long-term relationships with our clients and all the people who work with us.

    The MetaTrader 4 terminal is a perfectly equipped platform that allows trading in Forex, CFDs and related products. It provides the necessary tools and resources to analyze price dynamics on financial markets, conduct transactions, create and use Expert Advisors (EAs). EAs are advanced automated trading systems written in MQL4 that are able to analyze market conditions automatically, open and close positions and place, modify or delete orders.
    Forex Promotions & Bonuses
    Join any one of our Forex Promotions from XtreamForex and get the most out of your trading. Some of our promotions will support your account in the case of drawdown and some of them support you wile opening trades. All of XtreamForex promotions and bonuses increase your trading volume and the only thing you need to do is to trade on regular basis and enjoy profit.

    At the time of writing of this review, XtreamForex offers its traders the following promotions:
    - 100% Credit Bonus
    This bonus applies to clients with minimum deposit $100 and cannot be withdrawn from the trading account.

    - 30% Tradable Bonus
    This bonus applies to clients with minimum deposit $500 and can be withdrawn from the trading account.

    - Everyday Payout
    As a IB you can earn up to $25/Lot commissions for each traded lot by your referred clients and this time you can withdraw your daily earned commission at the end of the day. Every 24 hour you will be able to cash out your earned commission into your IB account.

    - Annual IB Contest
    XtreamForex starts an annual competition for all our partners. Become a XtreamForex Partner and grab the chance to achieve your dreams!

    Methods of Payment
    XtreamForex offers a large number of payments methods to accommodate all our international clients through their account management portal, MyXtream: Bank wire transfer, credit/debit cards and e-wallets Neteller, Skrill, China UnionPay and Local Deposits and withdrawals.

    XtreamForex charges no fees on deposits and withdrawals.

    Conclusion
    XtreamForex is a true ECN Forex Broker that offers reasonable conditions for trading with a variety of products through the robust MT4. Start Online Trading with XtreamForex and Experience Reliable Foreign Exchange Trading with Best Forex Brokers and get an edge with our exceptional Forex Trading conditions.



    XtreamForex
  • XtreamForexXtreamForex Posts: 263
    Currency and Commodity Trading Correlation

    Online trading is the biggest industry of today’s world. Forex trading alone moves trillions of dollars daily affecting whole economies. To trade Forex traders open an account with a Forex company and trade on currency pairs, but all Forex companies don’t only offer currencies for trading, almost all companies also offer commodities.

    Commodities have been trading in one form or another since the beginning of civilization. Commodities are pretty much anything which can be delivered from point A to point B, and exists on an exchange.

    Commodities are bought with currencies in the physical world, but through online trading they are treated the same as currencies, with bets being placed on their movements through Forex, Binary Options and stock exchange futures.

    What some people may not pay attention to is the heavy affect each has on the other. Currencies are very heavily tied with commodities and the other way around. The Canadian dollar for example is directly correlated to oil prices due to exporting oil, so is the Japanese yen because Japan imports oil.
    The Australian dollar and New Zealand dollar not only affect each other, but they are both correlated to gold and oil prices.

    Unexpected changes in the ties between currencies and commodities can have a huge impact on traders who trade based on these relations.
    For online traders there isn’t a huge difference between commodities and currencies, they all represent a virtual product around which trades take place.

    If you are a beginner in Forex and don’t know how to trade like a pro then Join cutting-edge Copy Trading Programme with Best Forex Broker and match up with a suitable trader. Let them trade while you watch your potential profits grow.
    XtreamForex
  • XtreamForexXtreamForex Posts: 263
    XtreamForex- Forex Trading Products

    Choose wide range of Forex Trading Products and create your investments portfolio including forex, shares, indices, crypto-currency, metal and energy. XtreamForex offers more than 175 forex trading products. Check our more Forex Trading Products. Register your account and Get extra benefits.

    Forex: The foreign exchange market is the world’s largest trading market. XtreamForex offers opportunities whatever the volatility in the market. You can Trade more than 60 major, minor, and exotic currency pairs with 0.0 pips.

    Indices: Start trading on major Indices. Indices are financial derivatives that are calculated as a subjective average of share prices of top performing companies. At XtreamForex you can find some of the top indices such as NAS100, SPX500, US30, ESP35 and much more.

    CryptoCurrency: XtreamForex offers to clients many digital currencies. You can trade with world most traded digital Currencies like at Bitcoin, Litecoin, Ethereum, and many more. You can start trading anytime or anywhere.

    Stocks: With XtreamForex you can buy stocks CFDs in the world’s biggest companies. Our CFD Stock allows you to buy and sell shares in major corporations listed i.e US, UK AND EU companies
    XtreamForex
  • XtreamForexXtreamForex Posts: 263
    Learn How to Trade Forex?

    image

    Many people that want to learn to trade on the Forex market feel that they lack the time spend to sit in front of their PC for hours on end watching the market News, about forex, and Forex basic concepts. No need to spend more time there. We provide Trade forex related information here

    Forex: Forex is a conversation of one currency to another. Forex or foreign exchange or currency trading is a worldwide open market for currency trading. This means that the Currency prices are daily Fluctuating against each other, and offering multiple trading opportunities to all entire the world.

    Forex Trading Steps:

    1. Choose a currency pair: Firstly decide which currency pairs you want to trade. With over 65 currency pairs you select the best one that is right for you or for your earning process. Fundamental research tools can assist you spot currency trading opportunities to suit your trading style. We suggested that you take your time to understand the amount of price volatility associated with the currency pair to help manage your risk.

    2. Decide on the type of forex trade: In the forex trading you buy Lots, in the unit of base currency. In CFD Trading you trade a quantity of CFDs in the unit of base currency. In spread betting you trade pound per point movements etc.

    3. Decide to buy or sell: Once you have picked a market, you need to know about currency price, which is done by bringing up an order ticket on the platform. Every pair is base and quote currency. The base currency is the currency on the left of the currency pair and the quote currency pair on the right sides.

    How do I Trade Forex?
    • Learn concepts of how the forex markets works.
    • Open a Forex Trading Live Account.
    • Build an Excellent Trading Plan.
    • Choose best fit trading Platform.

    Trading Benefits:
    • High Liquidity.
    • Trade on leverage
    • 24/5 Live support
    • Regular opportunities
    • Trade anytime from anywhere.

    XtreamForex
  • XtreamForexXtreamForex Posts: 263
    Technical Overview of GBP/USD and USD/JPY Currency Pair

    GBP USD


    GBP traded higher against USD and closed at 1.3155.

    • Flat in a 1.3153/1.3161 range, but decent interest once Asia fully opened
    • EUR/GBP saw modest volumes with a very tight 0.8438/0.8341 range
    • Conservative election victory expectations attracted fresh demand this week
    • Initial significant resistance at 1.3168/90, 50% 2018/19 fall and May high
    • 1.3168 capped in NY, but is under pressure - strong resistance into 1.3200
    • Close above 1.3200 would be a strong positive into the election next week
    • Sustained 1.3200 break would open the door to the 1.3380 2019 high in March
    • Close below the prior 1.3000 range high needed to undermine topside bias

    According to the Analysis, pair is expected to find support at 1.3120 and a fall through could take it to the next support level of 1.3105. The pair is expected to find its first resistance at 1.3166 and a rise through could take it to the next resistance level of 1.3181.

    USD JPY

    USD traded lower against JPY and closed at 108.75.

    USD/JPY's CTA positioning and notes that it's mainly close to neutral and sidelined around current levels.
    "CTAs having held back on going long in the USD/JPY market (buying USD and selling yen) during the recent risk-on phase, they have managed to avoid simultaneous stock selling and yen buying.

    CTAs' USD/JPY positions are close to neutral at present, and they are not currently moving either to buy or to sell.

    "With the latent risk of yen appreciation being suppressed, if fundamentals-oriented investors begin tentatively dip-buying below 23,000, this downward move by the Nikkei 225 could be brought to a close relatively soon.

    According to the Analysis, pair is expected to find support at 108.66 and a fall through could take it to the next support level of 108.58. The pair is expected to find its first resistance at 108.92, and a rise through could take it to the next resistance level of 109.00.

    Important Economic Events of the day

    • JPY: Household Spending y/y
    • USD: Nonfarm Payrolls
    • USD: Baker Hughes US Oil Rig Count
    • CAD: Employment Change

    For More information about the release time of news and its impact visit Economic Calendar Page!
    XtreamForex
  • XtreamForexXtreamForex Posts: 263
    Most Interesting Facts about Forex Market

    Forex Market is world’s biggest Financial Market. Still many people see Forex as a boring industry, one that demands the constant task of heavy analysis, stress and risk. But if you look deeper into the market, then you will see dynamics and the profit generation opportunities turn it in a lucrative option for making more money or even starting a business.

    Here you can read some most interesting facts about Forex Market if you are start trading in Forex Market.

    1) Forex Market is considered to be the Largest Financial Market in the World where you can buy, sell and speculate on currencies. Approximately 5.3 Trillion Dollars traded daily in Forex Market which is more than future and equity market combined.
    2) 85% of all Forex Trades occur on only major 7 currency pairs: EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, USD/CAD, and USD/CHF.
    3) 66% of US Currency is held overseas by private individuals, foreign governments and institutions.
    4) 90% of all foreign exchange transaction includes US Dollar.
    5) 41% of all Forex transactions are conducted in United Kingdom, whereas only 19% happen in US and rest 40% transaction accounts in other part of the world.
    6) 5% of total volume in forex is attributed to retail traders. Approximate 99% of the retail traders can’t turn in a year’s worth of profit.
    7) GBP/USD is also known as cable. Back before fiber optics and satellites, stock exchanges in London and New York communicated by a long steel cable under the Atlantic. Because of this, GBP/USD is still called the ‘cable’ today.
    8) 44% of Forex Traders are between the ages of 25 and 34.
    9) 11% Female Traders represent Forex Market.
    10) 180 Currencies are used in 195 countries across the world.
    11) Kuwaiti Dinar is the world's strongest currency and has the highest currency value.
    12) Germany has the largest global Forex Players.
    13) Forex Traders are referred to as Bull and Bear. The Bulls are optimistic ones who believe that Forex Market will go up at a particular time while bear traders believes that price will fall.
    14) 4X Volume of trading in Forex compared to the Global Gross Domestic Product.
    15) 53X Foreign Exchange Trading Volume compared to NYSE.
    Forex Market is one of the Largest International Financial Market in the world. To make large profit Open an account with Best Forex Broker.

    XtreamForex
  • XtreamForexXtreamForex Posts: 263
    Christmas Special Offer!
    $30 No Deposit Bonus from XtreamForex

    Don’t miss out! Go and Grab this Opportunity. Start your live trading with a $30 no deposit bonus offer from world best Forex Broker in the market. Enjoy Live Forex trading without any Deposit as well as any risk. With XtreamForex it is easy to make money trading Forex. We make every effort to provide the best customer experience and give the widest opportunities to our trader! Best Opportunity for beginners.

    Offer Applicable: All new Traders.
    Offer Availability: Limited Time Only.
    Bonus Amount: 30USD


    How to Apply:

    • Open a New Live Trading Account
    • Pass the personal data verification procedure.
    • And, Get a $30 no deposit bonus.

    Note: $30 No Deposit Bonus trading account will only be approved after call verification.
    XtreamForex
  • XtreamForexXtreamForex Posts: 263
    Avoid these Common mistakes while trading!

    Trading has become more accessible than eternally for beginners. First thing, if the risks are coming don’t scare you away from trading, you need to become familiar with some common mistakes that lead up to from failure position. Avoid these mistakes in your trading, your business runs better. Here are some mistakes to avoid:

    Trading without a strategy: It is crucial that you approach trading as a business and create a strategic plan that includes short- and long-term goals, the amount of capital you have available and a plan of action. You need to establish what you will be trading. A good trading plan needs to be concise, objective, researched and continually evaluated at standard intervals.

    •Not Following Stop-Loss Orders: Setting and following a stop-loss is very vital for success in day trading. Stringent stop loss is to put a limit on the losses before they grow big. Losses below the security gap do not blight the trader. One of the common mistakes is when any client crosses a stop order after losing. This mistake commonly happens in the anticipation of a reverse course.


    Risking More Than You Can Afford to Lose: The key part of your risk management strategy is to establish how much of your assets you are willing to risk on each trade. Day traders superlatively should risk less than 1% of their capital on any single trade. That means that a stop-loss order closes out a trade if it results in no more than a 1% loss of trading assets.

    Not waiting for the right trade: A new day trader must reveal the patience required in waiting for the right trade to match what the technical analysis indicates. Experienced traders wait for the right timing instead of forcing a trade, entering at the erroneous price, and overtrading their account.

    Trying to Anticipate the News: Many pairs rise or downfall sharply in the wake of scheduled economic news releases. Anticipating the direction the pair will move, and taking a position before the news comes out, seems like an easy way to make a premium profit. It isn't. Often the price will move in both directions, sharply and quickly, before picking a continual direction.

    Forex Market is one of the Largest International Financial Market entire the world. To make a large profit Open an account with Best Forex Broker.
    XtreamForex.com

    XtreamForex
  • XtreamForexXtreamForex Posts: 263
    Avoid these Common mistakes while trading!

    Trading has become more accessible than eternally for beginners. First thing, if the risks are coming don’t scare you away from trading, you need to become familiar with some common mistakes that lead up to from failure position. Avoid these mistakes in your trading, your business runs better. Here are some mistakes to avoid:

    Trading without a strategy: It is crucial that you approach trading as a business and create a strategic plan that includes short- and long-term goals, the amount of capital you have available and a plan of action. You need to establish what you will be trading. A good trading plan needs to be concise, objective, researched and continually evaluated at standard intervals.

    •Not Following Stop-Loss Orders: Setting and following a stop-loss is very vital for success in day trading. Stringent stop loss is to put a limit on the losses before they grow big. Losses below the security gap do not blight the trader. One of the common mistakes is when any client crosses a stop order after losing. This mistake commonly happens in the anticipation of a reverse course.


    Risking More Than You Can Afford to Lose: The key part of your risk management strategy is to establish how much of your assets you are willing to risk on each trade. Day traders superlatively should risk less than 1% of their capital on any single trade. That means that a stop-loss order closes out a trade if it results in no more than a 1% loss of trading assets.

    Not waiting for the right trade: A new day trader must reveal the patience required in waiting for the right trade to match what the technical analysis indicates. Experienced traders wait for the right timing instead of forcing a trade, entering at the erroneous price, and overtrading their account.

    Trying to Anticipate the News: Many pairs rise or downfall sharply in the wake of scheduled economic news releases. Anticipating the direction the pair will move, and taking a position before the news comes out, seems like an easy way to make a premium profit. It isn't. Often the price will move in both directions, sharply and quickly, before picking a continual direction.

    Forex Market is one of the Largest International Financial Market entire the world. To make a large profit Open an account with Best Forex Broker.
    XtreamForex.com

    XtreamForex
  • XtreamForexXtreamForex Posts: 263
    XtreamForex Live trading Contest 2020!!

    The biggest offer of the year is here!! XtreamForex has launched Live Trading Contest 2020 for real traders. Both new and existing traders can take part in the Trading Contest. Join this contest and grab the opportunity to race head to head with renowned and experienced forex traders all over the world.

    How to Apply:

    1. Open a Live Account with XtreamForex.
    2. Verify your account.
    3. Deposit $500.
    4. Trade and win up to 31,000 USD in cash

    Contest prizes:

    >> 1st - $13,000
    >> 2nd - $10,000
    >> 3rd - $7,000
    * The place from 4-13th is rewarded with $100 each*

    XtreamForex.com

    Registration Dates:
    Start - 20th January 2020
    End - 29th February 2020

    Trading Period
    Start - 1st March 2020
    End - 31st March 2020

    Result Announcement - 3RD APRIL 2020
    Contest Availability: WorldWide
    Note: Traders, who already joined XtreamForex, can directly participate in this contest from their member area!
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    XtreamForex
  • XtreamForexXtreamForex Posts: 263
    What Type of Trader are you?

    In the Forex trading market for beginners, it is very important to learn how to do forex trading and what type of trader you are. Learning is important before doing anything and especially in forex trading because the forex trading market is very volatile and there is most of the chance to lose money. Read to know about what type of forex trader you are.

    Four types of Forex Traders:-

    1. The Scalper Trader: - Scalping is a trading style specializes in profiting off small price changes, generally after a trade is executed and becomes profitable. Scalpers hold their trades for a few seconds to a few minutes at the most. Their main motive is to grab very small amounts of pips as many times as they can in a day.

    2. The Day Trader: - Day Traders are those who take their trades at the beginning of the day and then with the end of the day they closed their traders. They finished the day with either a profit or a loss. These kinds of traders do not hold their trades overnight.

    3. The Swing Trader: - Swing traders are those who hold their trades for many days. This type of traders can’t monitor their charts throughout the day and they have taken too much time to close their trades as they always wish to swing the market so they can close their trade in profit.

    4. The Position Trader: - The Position Traders are those who hold their trades for several weeks, days, months and sometimes for years. Position Trading is pretty much the opposite of Day Trading. This is the trading that suits for the super patient, witty and long-sighted traders who have a real feel for the markets.

    You become the best trader in the future Join XtreamForex
    XtreamForex
  • XtreamForexXtreamForex Posts: 263
    Important Things To Know Before You Start Trading

    Forex is one of the most traded markets all over the globe. In the present scenario, there are large number of people gain knowledge of forex trading to gain some trading sessions. Moreover, if you have the effective knowledge of forex trading and the various affecting currencies, you can create lots of money. With the help of forex trading you will make a reliable amount of money. In case if you don't know about the forex trading then you will need to learn trading by online classes. If you want to start forex trading there are some important things you need to know before going to start the trading to earn well without losing all your investments overnight.

    Try to Choose the Reliable Forex Trading Broker

    To start the forex trading you will need to choose the reliable broker. There are several things you will need to know before going to start trading. Try to research the reliable and the best broker that is right for you.
    ● Conditions to Start Trading: You will need to find the broker that gives you the minimum spreads, reliable commissions if any, swap charger on the currency pairs in which you trade.
    ● Minimum Amount of Deposit: You will need to find out the minimum amount of deposit required that will offer by the broker. Check the margin/ leverage that can be used.
    ● Available Currency Pairs: In the present scenario there is the various number of forex broker that offers the currency pairs and the CFD's on the stocks, indices, precious metals, oil, etc. Check that the broker offers the currency pairs and the CFD's in which you want to trade.
    ● Broker Must have Dedicated Customer Support: Check that your broker must have reliable customer support(Via email, phone, or live chat) and always check the languages they offer support.
    ● Contests and Bonuses: Try to Grab the Bonuses offered by the broker to the new clients. Check the bonuses that are given by the broker and if they offer any type of contests then keep you motivated throughout your trading.

    It's necessary to have a proper partner close by, so pick carefully and search for an agent with a long history on the Forex Market.
    Learn the Forex Market Movements
    In today’s world all the Forex brokers have an education session in which you will learn all types of resources that will help you to start trading. For Example you try to watch the tutorial session of the forex trading, watch online videos, and try to join the webinar related to the forex trading.

    ● Try to learn the forex trading with the basics is one of the important things to spotting the forex market opportunities with different levels. Start your trading by analyzing market trends. Moreover, you will need to understand the effect of the market by monitoring the daily forex technical analysis, Technical analysis, trading signals, Trading news, data releases, and some of the economics news to know about the market trends.
    Open a Demo Account
    Forex demo accounts are free, and all dealers offer them. You should simply register at the specialist's site and download the trading platforms. The most well-known stages are MetaTrader 4 and MetaTrader 5. When you have a demo account you can begin setting orders progressively without taking a chance with your cash. Here are a few reasons why a Demo Account is advantageous to traders:

    ● Learn to Run Metatrader Platform: The MT4 and MT5 stages have numerous helpful highlights, and you need to realize them well to use the commodity. You should try out things like graphs, economic pointers, and expert advice.
    ● Different Order Types: There are a few request types accessible in the MT4 and MT5 stage and it's necessary to get them. The most widely recognized requests are: advertising request, stop losses, take benefit, and cutoff and stop orders. Using these requests accurately will assist you with increasing your benefit and limit your losses.
    ● Create Some Strategy: Since Demo accounts utilize virtual cash, you can investigate how the market moves and test out various trading techniques. You can submit the same number of requests as you need and assess your trading execution after some time. The significant thing is to continue improving your procedure and to adjust it to changing market movements.
    ● Currency Pairs and CFD’s: The most trading currency pairs are EUR/USD and numerous trainees pick it for their first trades. Other important currencies pairs include USD/JPY ("The Gopher"), GBP/USD ("The Cable"), USD/CAD, USD/CHF ("The Swissie"), and AUD/USD ("The Aussie").

    When you've done the above things and procured the abilities required, you can continue with opening a live record with the agent you've picked. Remember that it requires some investment for a Forex trader to build up a drawn-out attractive methodology. Always remember that it will take some time for the Forex trader to develop the long term profit strategy. But once you learn all the important things about the forex trading then you will able to take the benefits of the Forex Market.

    Most Economic Event’s
    1. NZD Retail Sales q/q
    2. USD Fed Chair Powell Speech
    3. GBP Retail Sales m/m

    For More information about the release time of news and its impact visit Economic Calendar Page!
    XtreamForex
  • Nicholas40vNicholas40v Posts: 1
    edited May 2020
    what are your entry criteria? www.google.com/
  • XtreamForexXtreamForex Posts: 263
    Technical Overview of EUR/USD, GBP/USD on Currency Pairs!
    EUR/USD

    Seems Bear Flag on 15-min Chart

    The EUR/USD will look at the south with the 15min Chart that will report the bear flag at breakdown.

    The pair will reach the bearish continuation pattern that will open the doors drop at 1.13 level as per the target.

    It will psychologically reach the level of support of 1.12. It will follow the flag breakdown that will accept the pair above the 1.1242.

    It will immediately go to the bias bullish turns above the level 1.13 on thursday. It will also confirm the descending triangle breakout into the 4 hour chart and expose the June high at 1.1422.

    The pair will be trading largely at 1.1234 that will put a high impact on the currency pair and it will reach the level high at 1.242 this friday.

    GBP/USD

    The cable pair will seem at the reversal on GBP/USD that will jump to 3-1/2 highs on this Thursday indicating the demand of the bullish pattern.

    The risk reversal rose to -1.00 that will seem the higher at March 11, that will hit the low of -6.6 in March. The GBP/USD gauge increased from -2.15 to -1.00 in the last three weeks.
    The cable pair will contradict and reach the level decline from 1.28 to 1.2252.

    It will clearly say that the option of the market movements and the GBP/USD pair will position the upswing.

    According to the Press time thepair will be trading largely unchanged at the level near the 1.2462.

    Up Coming Events
    • AUD Retail Sales m/m
    • CNY Caixin Services PMI
    • INR Markit Composite PMI

    For more information visit us:- xtreamforex.com


    XtreamForex
  • XtreamForexXtreamForex Posts: 263
    Today we are discussing Technical and Fundamental Overview of USD/JYP and GBP/USD
    • USD/JPY Will Tracks the Risk of Barometer Go Above 107.00

    The USD/JPY will extends and rises at the 107.64 upto the 0.11% on a day according to the Tokyo Session that will ticked down on the Mood On This Monday. The pair will initially go down from 107.51 to 107.45 during the early session in Asia. It will go to the run up attack on Thursday near the top level 107.75.

    The US president Donald Trump tweets defies the Surge in the Coronavirus numbers that will affect the world's largest economy.As per the latest data recorded by the figure above the 50,000 into the start of the month.

    Moreover the pair will be previously closed at the near 107.40 that will go below the 50 day SMA. It will seem reverse to the path directing towards 108.00.
    Technical Overview of GBP/USD

    The GBP/USD will take the bid and go near the 1.2490 up to the 0.05% during this Monday on Asian Session. The Cable pair will extend the bounce off on this Friday with the bounce off 200 bar SMA. It will reach the head and shoulder pattern formation according to the 4 hour chart.

    The neckline of the Pair shows the bullish pattern that will join the Retracement level on 10-29 level that will add strength to the upside barrier. It will increase the conditions with the RSI trading condition that will go to the sustained trading beyond the 200-Bar SMA.

    The pair was previously traded at 1.2483. The resistance level for the pair will be 1.2497 and the support level for the pair will be 1.2473.
    Forex Economic News
    Although probably the market may more fluctuate at evening as United States will present the data of ISM Non-Manufacturing PMI. This survey will be based on 400 non-manufacturing (or services) firms' purchasing and supply executives, within 60 sectors across the nation, by the Institute of Supply Management (ISM).

    And even a Bank of CANADA(BOC) will present the data on business. The bank will present the survey report of the business which are going on & the business which are stopped or trying to resume.

    The latest news came that the American Rapper Kanye West has planned to run for US President election 2020.But till now Kanye West didn't announce officially. So, is the news true or its just a publicity stunt!
    Daily Upcoming Events!
    1. EUR Retail Sales m/m
    2. EUR Retail Sales y/y
    3. USD ISM Non-Manufacturing PMI
    For More Updates visit our website :- www.xtreamforex.com
    XtreamForex
  • XtreamForexXtreamForex Posts: 263
    Basic Terms before Going to Start Forex Trading !!!

    There are different types of things you will need to learn before going to trade in the Forex. In this article we will some of the important terms to understand the basic concept of the Forex trading that is as given below:

    Pip
    Pip stands for 'Point In Percentage’. It will be defined as the fourth digit after the decimal point in the currency price.

    Copy Trading
    Copy trading is one of the better options for the beginner. It will allow the trader to copy the trades of the experienced trader by choosing their trades.

    CFD Trading
    The CFD stands for Contract for difference. In the present scenario, the CFD Forex trading is one of the most common ways for people to trade Forex.
    To trade in CFD's in which you basically creating the contract to buy the asset at a certain currency price.

    Scalping
    Scalping is defined as the sophisticated form of the Forex trading in which the trader will open and close the order very quickly.

    Create a Demo Account
    To start Forex trading you will need to open the demo account with the reliable ECN broker. Choose the offers of the Bonuses and the promotions given by the broker to start risk-free trading.

    Spread
    Spread is generally defined as the difference between the Ask and the Bid price of the currency pair.

    Technical Analysis
    Technical Analysis will indicate the market movements in the historical charts.

    Fundamental Analysis
    Fundamental analysis will analyze the Forex market by the economic, social, and political forces that will affect the currency pairs.

    Bull Market (Bullish)
    A bull market will be defined as the bullish market in which the currency price expected to go up.

    Bear Market (Bearish)
    A bear market will be defined as the Bearish market in which the currency price will expect to going down.


    Up Coming Event's

    • EUR EU Leaders Summit
    • GBP BoE Governor Bailey Speech
    For More in Formation visit Economic calendar
    XtreamForex
  • XtreamForexXtreamForex Posts: 263
    edited October 2020
    Start Your Trading With Global Regulated Broker

    Xtreamforex is one of the most highly regulated Best ECN Broker that offers the CFD trading online this gives our traders a level of confidence. We consider ourselves as the pioneering broker. We offer a plethora of the account types with fast order execution and better trading conditions. Choice with regards to the advanced trading platforms we offer, the assets we host, and the account types available, in the hope that our clients have pleasant and rewarding trading experience.

    Reliable Trading Platform

    As an XtreamForex client, you also benefit from the choice of and more ways to trade. We offer a selection of manual trading platforms MetaTrader 4/MetaTrader 5, WebTrader.We allow you to trade anywhere anytime with our multiple devices compatible with any devices. You can also choose from a variety of automated trading platforms, including our Mobile trading platform.

    Customer Support

    XtreamForex customers can trade in silence, knowing they are in good hands. Our customer service agents are ready to help with any trading issues you may have. Our service, combined with a deep understanding of the financial markets, allow our traders to enter the markets with confidence. Upon your first deposit of $10 or more, you will be appointed a dedicated Account Manager to guide you in your first trades, teach you how to use our trading platforms, and inform you on all market matters.

    XtreamForex Education Guide

    Xtreamforex education guide will help you to start your trading experience in a reliable way. We have a lot of trading sessions for the traders. Our education guide will help the new trader to gain knowledge about forex. Moreover, XtreamForex’s ultimate guide has the three basic sections as if you have a beginner in forex trading you have a chance to join the beginner guide. In case you have the little knowledge about the forex trading then you have an option to go with the Elementary section. On the other, if you have all the basic knowledge of trading and you want to be a pro trader then we recommended you go with the Intermediate or the Experience Guide. It will help you grow your trading skills.





    XtreamForex
  • XtreamForexXtreamForex Posts: 263
    Reliable & Trusted Forex Broker- XtreamForex

    XtreamForex is one of the best ECN Broker in the Financial Markets. We are Registered and Regulated by Marshall Islands having Registration Number 84516 With Brand Name Xtream Markets LTD. We provide a range of different trading products with an advanced trading platform that is used for different devices. We also have an effective mobile platform that will help you to trade on the go.

    We offer a variety of account types that suits your requirements such as Micro account (Minimum Deposit $5), Standard Account (Minimum Deposit $250), ECN Account (Minimum Deposit $250), ECN Pro Account (Minimum Deposit $5,000), VIP Account (Minimum Deposit $20,000). Moreover, we provide you the maximum leverage of 1:1000 in which you can able to place the maximum number of trade orders with small investments.

    XtreamForex offers you the Best Copy trading Option in which you can follow the pro trader and follow their strategy without having any knowledge of the trading. You can just follow our best strategy provider to earn and gain more profits by copying their trades into your account.

    Bonus and Promotions

    Currently, We Provide you the three Bonuses 100% Credit Bonus that will help to increase your Leverage to trade with a small amount. Xtreamforex offers a 30% Tradable Bonus that allows you to double your investment with Forex Tradable Bonus. Feel secure with a broker that ensures the safety of your fund. Last but not least the 100% Rescue + Tradable Bonus for new traders. The offer is valid for all traders who never made any deposit previously.


    Trading Platform

    We provide an advanced trading Platform MT4 and MT5 with 100+ Forex Products and other trading assets like Forex, Indices, Commodities, Stocks. We allow you to place your trading order in reliable trading conditions. We will be committed to providing you the superior trading services to all our clients, both the retail and the institutional clients.

    Reliable Partnership Program

    Join our reliable partnership program and diversify your portfolio by referring the clients to the company and earn more IB rebate. We offer you the $7 per standard lot to the very first client. Furthermore, we work on three top tier program such as Master IB, Sub IB, Sub Sub IB. The Commission Rebate structure is different for all the levels. Our IB Commission is Daily Payout.

    Deposit and Withdrawals Methods

    Xtreamforex provides you the fast and reliable deposit and withdrawal methods like Skrill, Neteller, Wire Transfer, Bitcoin. Our deposits and withdrawals are instant.

    The Forex Markets are dominated by News and you can make some huge profits from trading these News Events.
    XtreamForex
  • XtreamForexXtreamForex Posts: 263
    What should you consider while choosing the Best Trading Broker?

    Foreign Exchange which is also known as Forex, is the largest and the most liquid market in the World, although, it is highly unpredictable. One needs to be extremely precise about the ongoing market situation and trading technicality. In Bygone days only high profile people used to trade in Forex because of the hefty amount used in trading which was certainly impossible for the layman. However, things have been changed with this contemporary era; the market is full of brokers, financial advisers who help the traders to decipher the unfathomability.

    How to choose the best Forex broker

    It is inevitable to state that choosing the best Trading broker is a herculean task as the market is overly crowded with them nevertheless, not impossible. Always remember the below-mentioned fragments while selecting the broker suitable as per your requirement.

    1. Regulation

    The first and foremost requirement is a background check, that is the broker should be regulated by a competent regulatory agency. So that trader would have the assurance that the broker has met all the operating standards. The prominent need is to maintain the segregated account for the safety of the client’s deposit.

    2. Trading Platforms

    The trading software is a bridge to the trading world. You must ensure that the Platform provided by the broker is the most reliable and accurate. Most of the broker in the market has a plethora of option able platforms to choose from. Sometimes the organization even has the self-designed software which is planned according to the client’s need; hence, no doubt these are often with the latest technology.

    To embark on, the main motive of a good broker should always focus on providing a superior selection of software that could enhance the quality of trading as per the client’s suitability. As it depends upon the traders what source they prefer, a fraction of them goes for mobile phones while others are more into the desktop. There is a high possibility that any broker you choose will have the Metatrader4.

    Always remember to look at the following attributes the platforms have to offer:

    2.1 Overall Charting Package

    2.2 Multiple Technical Indicators

    2.3 Risk management tools

    They seem to be very normal at the initial phase, however, they apparently, play a vital role in the future for superior trading, hence, traders should consider these features.

    3. Trading Products

    To embark on the journey of trading, the most important part is to select the product which you desire to trade with. There is no iota of doubt that trading in Forex is exciting and profitable as compared to other products but at the same time, you can try your hands on oil, gold, and all the exotic products.

    Furthermore, one should focus on Currency pairs offered by the broker, while there are amazing deals with currencies available on the market but the question arises to choose with the high liquidity such as USD/EUR, USD/JPY, USD/GBP, and many more.

    4. Customer Service

    Forex Trading takes place 24 hours a day; therefore, customer support should always available for the trader. Fast execution of every problem is required to mitigate the stress and frustration. So talking with a live person on the call is often a beneficial activity. Always seek a broker who can offer a one-time resolution with a capacity to answer all the questions in regards to spreads, leverage, about the company details. They should have a thorough knowledge and a quality to educate the trader.

    Bottom Line:

    To recapitulate, If you have confidence in your broker you will able to achieve a good result with their assistance and will be halfway through to conquer the most competitive forex market through understanding the criticality and trading strategies in the best possible way. So, be Assertive and throw caution to the wind every time while talking to your broker.





    XtreamForex
  • parsevalparseval Posts: 12
    Wow, that sounds really great!
  • shorttsipshorttsip Posts: 1
    edited January 2022
    thanks
  • AurnerielAurneriel Posts: 1
    The most surprising thing for me was the location.
  • XtreamForexXtreamForex Posts: 263
    BOE: Another 50bp hike and we expect more to come

    The BOE hiked policy rates by 50bp, bringing the bank rate to 2.25. The extent to which fiscal policy is set to boost demand and hence impact policy setting is still highly uncertain. Call for a 50bp hike in November and December and 25bp in February with risks of skewed towards additional hikes in 2023.

    The Bank Of England increased the Bank Rate by 50bp to 2.25% with 5 member voting for 50bp increase, 3 members voting for 75bp and one member voting for 25bp. As expected, BoE announced that outright government bond selling will start with a total reduction in bond holdings of 80 billion pounds over 12 months. The BoE repeated its meeting-by-meeting approach stating that “Policy is not on a pre-set path” giving close to no forward guidance to markets.

    One of the key takeaways from the Monetary Policy Summary is that the BoE no longer seem to pencil in a recession by Q4 2022. Note no inflation or growth forecast were published at this interim meeting, but not mentioning a recession gives a hint that the recession won’t hit as soon as BoE predicted in August. This feeds well into our narrative of the Fiscal stimulus providing near-term support to the economy. With newly elected PM Lizz Truss having announced the energy relief plan, which will cap energy prices for households, BoE now sees the peak in CPI inflation to be just below 11% compared to the 13% projected in August.

    EUR/GBP initially moved higher upon announcement to 0.8740 from 0.8700. However, the move was overall muted with the cross later settling around 0.8720. We see a case for EUR/GBP to remain elevated in the near-term, but in the longer-term it is expected to cross move lower as expected the positive USD environment to eventual benefit GBP relative to EUR.
    XtreamForex
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