- Details
- Tutorials
CFDs offer the opportunity to trade in any financial market with low deposit requirements. You can trade thousands of shares, tens of stock indices, hundreds of Forex pairs, many cryptocurrencies, most precious metals, and most energy assets via MT4 or a web trading platform,
CFDs allow investors to trade Forex, equity, and commodity assets, in both directions. » Opening a CFD Account
(1) Trading the Foreign Exchange Market using CFDs
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Forex Majors (EURUSD spread usually starts at 1.1 pip)
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Forex Minors (higher spreads)
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Forex Exotics (considerably higher spreads)
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- Tutorials
Understanding the Full Set of Trading Orders
Selecting and placing the right trading orders can really make the difference when trading manually any financial market.
Why a Full Set of Trading Orders Matters?
The variety of trading orders offered by our modern platforms is very helpful in covering all trading needs. These are some key advantages of using a full set of trading orders:
→ Apply effective money management
→ Adapt to any market conditions (limit orders)
→ Minimize the loss potential and protect account (stop-loss orders)
→ Run and protect profits (trailing take-profit orders)
→ Time trades (GTC, GFD orders)
→ Trade short-term price fluctuations (from entry to exit)
→ Implement multidimensional strategies (OCO orders)
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- Tutorials
An economic indicator is an economic statistic (periodic-release) that aims to provide information regarding how an economy or an economic zone has performed during a particular period.
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All economic indicators are divided into three categories based on their attributes:
(i) Procyclic Indicator: Moves in the same direction as the economy (for example GDP)
(ii) Countercyclic Indicator: Moves in the opposite direction as the economy (for example inflation or unemployment)
(iii) Acyclic Indicator: Has no relation to the economy
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All economic indicators are divided into three main categories based on their timing:
(a) Leading Indicator (Before): Leading indicators change before the economy is changing and can be used as signaling-mechanisms of upcoming macroeconomic conditions. The Consumer Confidence Index (CCI), the Home Sales Report, the performance of the Government Bonds, and the Stock-Market Index can be considered as leading indicators
(b) Coincident Indicator (At the same time): Changes at the same time as the economy is changing (for example GDP)
(c) Lagged Indicator (After): Changes a few quarters after the economy is changing (for example unemployment)
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- Technical Indicators
This article presents some of the most significant volume-based indicators in technical analysis. There are short- to long-term indicators for analyzing the volume behavior of particular assets or assessing the broader market.
Why Does Volume Analysis Matter?
Volume analysis matters because volume tends to precede price, but also because volume is capable of determining the strength behind a market move. By combining volume and price, traders can get a complete picture of what is going on. The most important thing when applying a volume indicator is to select the correct timeframes and trading parameters
- Volume tends to precede price
- Volume may confirm strong trends, breakouts, and trend reversals
- Charting formations usually have a confirming volume pattern
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- Tutorials
Candlestick patterns are specific price formations identified on a candlestick chart. These patterns are useful as a tool for forecasting future price movement and especially as concerns forecasting trend reversals.
Introduction to Candlestick Patterns
Candlestick patterns recognition can be made manually or it can be part of an automated process via the use of specialized software.
Candlesticks Formation
A single candlestick includes information such as the high, low, opening and closing price of a particular trading period. Every candlestick includes:
(i) A Body, which reflects the opening and closing price
(ii) The Shadows (or wicks or tails) which reflect the higher and the lower price of the period
-The bullish candlesticks are colored in White or Green
-The Bearish candlesticks are colored in Black or Red.
Here are the most important recognizable candlestick patterns:
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- Trend Indicators
Trending/Ranging Financial Markets
(i) Trending Market: When the price of a Financial Asset or Market follows a particular trend during a long time period
(ii) Ranging Market: When the price of an asset or a market moves up or down without following a particular long-term trend (Trading within a range formed by an upper and a lower band)
Trend Indicators are Reliable only in Trending Markets
□ If a financial market is trending, the trend indicators can provide considerably reliable trading signals
□ If a financial market is ranging, trend indicators may mislead traders (In the case of a ranging market, traders should better use momentum indicators which are able to identify short-term price movements within the range)
Table: Trend Indicators at ExpertSignal.com
| UTILITY | SETTINGS | MORE | |
| □ Standard Deviation (SD) |
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► Standard Deviation |
| □ Moving Averages (MAs) |
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► Moving Averages |
| □ Parabolic SAR |
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► Parabolic SAR |
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□ Bollinger Bands (BB) |
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► Bollinger Bands |
| □ Ichimoku Kinko Hyo |
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► Ichimoku |
| □ Fibonacci Sequence |
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► Fibonacci Trading |
