XtreamForex.com

xtreamforex26

xtreamforex26

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Dec 4, 2018
139
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213
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
  • NZD Retail Sales q/q
  • USD Fed Chair Powell Speech
  • GBP Retail Sales m/m

More information about the release time of news and its impact visit
 
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jonadward755

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xtreamforex26

xtreamforex26

Well-known member
Verified
Dec 4, 2018
139
Points
213
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
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xtreamforex26

xtreamforex26

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Verified
Dec 4, 2018
139
Points
213
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 :-
 
xtreamforex26

xtreamforex26

Well-known member
Verified
Dec 4, 2018
139
Points
213
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
 
xtreamforex26

xtreamforex26

Well-known member
Verified
Dec 4, 2018
139
Points
213
Technical Overview of EUR/USD and GBP/USD

EUR/USD


The EUR/USD pair will run out of the stream and reached the level 1.1916 on Thursday that indicates the technical indicators.

The EUR/USD pair daily chart indicates the bearish divergence according to the Relative strength index with slow stochastic. Moreover, the bearish divergence occurs that indicates the chart lower highs that opposed the higher lows and the Higher highs in Price that will take to be the sign of the Bullish momentum.

On Friday the pair was a decline at the level 0.78% to validated the uptrend exhaustion by the Thursday formed the spinning top candle that confirmed the short term bullish to a bearish trend change.

All things considered, a more grounded pullback might be seen for this present week. Quick help is situated at 1.1696 (Aug. 3 low), which, whenever entered, would declare a double top breakdown on the day by day chart and open the entryways for 1.1482 (focus according to the planned move strategy). On the higher side, 1.1916 is the level to beat for the bulls. At press time, the pair is sidelined close to 1.1791.

GBP/USD

GBP/USD was traded around the level at 1.3050 during the early Monday's Asian meeting. In doing as such, the Cable trims increase following a U-turn a seven-day-old helpline. The information could be followed by the pair's failure to cross 200-HMA.

Other than the 200-HMA and quick helpline, weak RSI conditions and waiting for MACD furthermore bring up issues for the pair traders. Subsequently, they search for an away from of any of these key specialized levels for new headings.

The Cable pair will be traded upside that breaks the 200 HMA at level 1.3067 that will aim to go at the level 1.3100 the pair further go up with the ascending trend line and currently traded at the level 1.3190.

It will be expected, a drawback break below the referenced helpline, close at the level 1.3020, can attack the 1.3000 points to return to July 28 top close to 1.2950.

It ought to likewise be noticed that the pair's ascent past-1.3190 will require approval from 1.3200 before examining the bulls. In the interim, the bears' strength past-1.2950 can feature at the level 1.2840/35.

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xtreamforex26

xtreamforex26

Well-known member
Verified
Dec 4, 2018
139
Points
213
EUR/USD Pair Underpinned As Fiscal Impasse In Washington

The EUR/USD pair will be rally looks at the technical indicators that will pull back to the remain elusive as the impasse in Washington that will keep the dollar into the bulls.

The EUR/USD pair is trading at the level to 1.1860 according to the press time that will represent the gain at the level with a 0.17% gain on the day. If we see the weekly chart the relative strength index is having the above 70 that will indicate the overbought market conditions for the first time in over 2.5 years.

Be that as it may, slowed down coronavirus boost dealings in Washington and worrying Sino-US strains may hold the dollar under tension and confine losses in EUR/USD.

Then, the US and China postponed an audit of their Phase 1 economic accord at first booked for Saturday and have not reported another date up until this point. President Trump gave a chief request on Friday forcing ByteDance, the Chinese organization behind TikTok, to auction or branch off its US online networking business in 90 days.

GBP/USD Pair Winning the Streak Attack at 1.3100 on Print Three Day

The GBP/USD pair will go up and picks up the bid at the level near the 1.3100 up with 10% during the Monday Morning. The cable pair will stay beyond the 10-day EMA to the Third day according to the press time.

According to the RSI and MACD are both against the further run-up, which thus pushes venders to search for any drawback past at the level 1.3055, involving 10-day EMA, for ways.

It will traded at the level 1.3000 and the month to month low around the level with 1.2980 can offer an extra channel toward the south, a rising pattern line from June 30, at 1.2885 presently, turns into the key help to watch.

On the upside, 1.3140 and the month to month top around 1.3185 can offer close by protection from the pair in front of the March month's peak including at the level 1.3200.

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xtreamforex26

xtreamforex26

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Verified
Dec 4, 2018
139
Points
213
XtreamForex Payment Methods

XtreamForex offers a wide variety of deposit and withdrawal methods which include wire transfer and a variety of e-wallets such as Neteller, Bitcoin, Skrill, and others. Our funding process is fast and reliable you can use various methods to funding your account with various payment methods. XtreamForex funding process is fully automated will just need to enter the amount In USD while depositing the funds in your trading account. Deposits can take between 10 minutes and 2 business days depending on the method and are mostly fee-free.

XtreamForex provides you a variety of local and international payment options to choose from. Choose the payment option that suits your requirement with easy processing.

While transfer your funds you will not need to convert your funds in USD or some other money, keeping and attracting back using your area payment indicates you don't have to stress over money change.

Steps To Follow For Deposit Payment

Go to the Deposit section in your Member Area, choose the method of payment such as Neteller, Skrill, and others.
Select the trading account you would like to top up, enter the deposit amount, select the currency, and click Next.
You will be shown a summary of the transaction. Check details and click Confirm Payment.
You’ll be redirected to the page where you will need to select your mobile provider and enter your phone number. Click Pay.
You will see a confirmation page with the message that you will be receiving a text on your phone with instructions to complete the transaction. Open the text on your phone and follow the instructions to complete the transaction.

XtreamForex is continuously trying to make deposits and withdrawals as easy as possible for our customers so that getting paid becomes faster than ever before. We have recently launched two new payment methods of Deposit from African Countries that can deposit via Online Naira Payment Gateway and Trade Forex. This allows the user to most secure, easy to use, and mobile-friendly Payment Gateway for African Countries. We are committed to our clients to provide them the better trading conditions so that they can easily focus on Trading and earn a reliable profit.

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xtreamforex26

xtreamforex26

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Verified
Dec 4, 2018
139
Points
213
Trade With Best Forex Broker

XtreamForex is one of the Best Forex Broker that offers a number of trading products to trade around the globe. We are using straight processing liquidity for our institutional partners. We allow you to trade in various major forex currencies, stocks, Indices, commodities that enable the competitive price with the tight spread and good trading speed.

XtreamForex.com


We providing superior trading conditions for both retail and institutional clients to boost your trading experience.

XtreamForex Account Types

We offering a variety of account types that suits your requirement. The minimum deposit to open a Micro trading account with just 5$. Our spread starts from 0 pips and leverages up to the 1:1000. The following are 5 distinct account types that boost your trading experience with the better trading style:

Micro Account
Standard Account
ECN Account
ECN Pro Account
VIP Account

Swap-Free Account

We will be offering the swap-free account for the clients of the Muslim faith. In order to get the Swap-free account, you will just need to open as usual either you can email the support to request the swap-free account.

XtreamForex Demo Account

XtreamForex Provide the Free demo accounts where you can practice your trading skills and knowledge on the various trading platforms. If you want to open a Demo account with XtreamForex you just need to fill the online registration form to the website. Your account details will be sent on your registered email and you will get the $100,000 virtual cash in your trading account.

Deposit and Withdrawal

XtreamForex offering various deposit methods. If you want to deposit in your trading account then you have an option to choose Wire Transfer, Bitcoin, Visa, Skrill, Neteller, and more. You can also fund your account via wire transfer. Our deposit and withdrawal is very fast and easy you just need to enter the details you can either send an email to the support.

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xtreamforex26

xtreamforex26

Well-known member
Verified
Dec 4, 2018
139
Points
213
Trade With XtreamForex

XtreamForex is also extremely popular among Introducing Brokers and affiliates, and it is indeed seen as a positive approach by the company to promote its brand among lesser-known markets. The company’s prime attention towards ensuring an excellent customer-service oriented brokerage service is one of the key reasons why existing XtreamForex clients continue to do business with the broker.

XtreamForex Trading Account Specification

XtreamForex has secured a critical aspect of the money related business sectors by offering Forex, Metals, Energies, Indices, Shares, CFDs through its diverse trading accounts. We positively understand their customers' choices and preferences, which is the reason they have joined a huge number of trading instruments to offer a differing item portfolio. In any case, with regards to picking a record, Xtreamforex gives nine unique sorts of accounts, which is a great deal for the regular trader. The base store needed to open an account is $5, while the greatest We provide the maximum leverage upto 1:1000.

Commission And Spread

With many currency pairs (major, minor, and exotic currency pairs), XtreamForex offers a wide range of currency pairs. As a beginner, it is always advised to start out with narrow-spread currency pairs. In this case, even if you lose money, the loss will not be significant. The spreads offered by the XtreamForex depend on the type of the account you registered with. With VIP and Currenex accounts the spread starts as low as 0 pips.

Funding Options Available At XtreamForex

There are a variety of funding options available at XtreamForex. To make sure that customers can safely deposit and withdraw their funds, multiple banking options are available. Choose your favorite payment method for smooth financial transfers. Of course, the traditional Wire Transfer is offered for deposits, together with Credit Cards (Visa, Visa Electron, MasterCard, Maestro, etc.), Moneybookers (Skrill), Neteller, Webmoney, and PerfectMoney.We recently launched the Niara payment for the South Africa region.

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xtreamforex26

xtreamforex26

Well-known member
Verified
Dec 4, 2018
139
Points
213
Start Your Trading With Global Regulated Broker

Xtreamforex is one of the most highly regulated 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 a 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.
 

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