Tuesday 4 August 2015
Bullish 3
Bullish 3 is a bullish pattern of continuation and consists of a long bullish candle followed by three candles bearish and bullish another. Generally, the three smaller candles are contained in the range of prices for candles bullish.
Broker Forex
what is broker ? Broker stands for "stock broker", and literally means "securities intermediary". Although
the English form is commonly used in Italian instead of "broker" in the
Forex when it comes to "broker" refers generally to institutions that
pose as intermediaries and that allow retail traders (ie small investors) to operate on the market.Forex brokers
Most forex brokers offering the opportunity to work through platforms (some online, others in software version) thanks to which you can exchange currency, use the main technical indicators and monitor their positions.
In addition, most of the broker offers the possibility of a contoDEMO, or open an account with virtual money and participate in the market by simulating opening positions.Broker Scam
Scam means "scam"; the scam brokers are in fact false broker (many of them unauthorized) that promises very affordable rates often attract novice trader.Some things to consider when choosing a broker
Fees and returns
Possibility of opening account Demo
Support and assistance in language
Regulation (see also: Forex regulatory agencies)
Transparency: in fact many brokers using social tools or discussion boards that make their activities more transparent
Reliability, assess the reviews on the net (just google, or Forex Wiki page: Broker)
Type broker Some brokers are market makers and in this sense could be induced to conflict of interest with their clients.
Most forex brokers offering the opportunity to work through platforms (some online, others in software version) thanks to which you can exchange currency, use the main technical indicators and monitor their positions.
In addition, most of the broker offers the possibility of a contoDEMO, or open an account with virtual money and participate in the market by simulating opening positions.Broker Scam
Scam means "scam"; the scam brokers are in fact false broker (many of them unauthorized) that promises very affordable rates often attract novice trader.Some things to consider when choosing a broker
Fees and returns
Possibility of opening account Demo
Support and assistance in language
Regulation (see also: Forex regulatory agencies)
Transparency: in fact many brokers using social tools or discussion boards that make their activities more transparent
Reliability, assess the reviews on the net (just google, or Forex Wiki page: Broker)
Type broker Some brokers are market makers and in this sense could be induced to conflict of interest with their clients.
Saturday 1 August 2015
BRL (Brazilian Real)
BRL is the symbol for the Brazilian real, the national currency of Brazil. A Brazilian Real is divided into 100 cents and is often presented with the symbol R $.
The real (plural reais) is subject to the supervision of the Central Bank of Brazil (BCB) and its Commission for monetary policy (Copom).
The Brazilian real has been adopted for the first time as an official currency in 1994, replacing the real Cruzeiro with a rate of 1 Real for Cruzeiro in 2750 as determined by the "Plano Real". From 1994 to 1999, the value of the Brazilian real was pegged to the US dollar, as long as inflationary pressures pushed the Brazilian currency to fluctuate against the dollar.
The real (plural reais) is subject to the supervision of the Central Bank of Brazil (BCB) and its Commission for monetary policy (Copom).
The Brazilian real has been adopted for the first time as an official currency in 1994, replacing the real Cruzeiro with a rate of 1 Real for Cruzeiro in 2750 as determined by the "Plano Real". From 1994 to 1999, the value of the Brazilian real was pegged to the US dollar, as long as inflationary pressures pushed the Brazilian currency to fluctuate against the dollar.
Brent (oil)
Brent oil is one of the most traded in the world flocks, it is considered as the global benchmark for the crude oil market, resulting in approximately 60% of market prices.
Chemically, Brent oil comes from the mixture of different types of oil extracted in the North Sea; in particular:
Brent Blend,
Forties Blend,
Oseberg
Ekofisk
Brent oil is mainly traded on the London International Petroleum Exchange and is generally more expensive (even compared to WTI that is qualitatively superior) because conditioned by transport costs and the growing demand from Asian markets.
breakout
By the term breakout indicates rupture (precisely the breakout) of a certain level on the part of a currency pair.
There are two types of breakout:
Breakout Continuation
Breakout Reversal
In the first case, after a phase of sideways market the currency pair starts to move according to the initial trend, breaking the range of prices of the consolidation phase, it is called thus breakout continuation.
In the case of a breakout of inversion, instead, after the consolidation of prices, the currency pair is moving again, breaking the range of prices and traveling in the opposite direction to the initial one.
Example breakout continuation
false breakout
First, it is worth pointing out that the breakout phenomena are never so distinct and clear, but sometimes it can happen that the price of a return to break a certain level (this is the support or resistance) but then continues in the expected direction: in this is called therefore false breakout.
Example of a false breakout
There are two types of breakout:
Breakout Continuation
Breakout Reversal
In the first case, after a phase of sideways market the currency pair starts to move according to the initial trend, breaking the range of prices of the consolidation phase, it is called thus breakout continuation.
In the case of a breakout of inversion, instead, after the consolidation of prices, the currency pair is moving again, breaking the range of prices and traveling in the opposite direction to the initial one.
Example breakout continuation
false breakout
First, it is worth pointing out that the breakout phenomena are never so distinct and clear, but sometimes it can happen that the price of a return to break a certain level (this is the support or resistance) but then continues in the expected direction: in this is called therefore false breakout.
Example of a false breakout
Balance of payments
The Balance of Payments is one of the most important instruments for measuring the foreign trade of a country and represents the difference in value between imports and exports: goods, services, capital flows, and unilateral transfers during the previous period.
Description
The balance of payments is divided into two main accounts: the balance of trade and capital. The first, in the trade and exports, while the second refers to purchases and sales of financial and real assets, such as bonds, stocks or real estate.
The balance of payments is a major market mover for the forex market which is issued monthly by the central banks and Treasury Ministries.
Forex and Balance of Payments
The balance of payments, such as trade, is a market mover rather "impactful" is directly linked to demand for currency; the surplus, it indicates the presence of a larger number of foreign buyers in search of currency. It follows, therefore, that when the balance of payments is shown above the expectations of analysts, tends to have a bullish effect on the currency.
Description
The balance of payments is divided into two main accounts: the balance of trade and capital. The first, in the trade and exports, while the second refers to purchases and sales of financial and real assets, such as bonds, stocks or real estate.
The balance of payments is a major market mover for the forex market which is issued monthly by the central banks and Treasury Ministries.
Forex and Balance of Payments
The balance of payments, such as trade, is a market mover rather "impactful" is directly linked to demand for currency; the surplus, it indicates the presence of a larger number of foreign buyers in search of currency. It follows, therefore, that when the balance of payments is shown above the expectations of analysts, tends to have a bullish effect on the currency.
Trade balance
The Trade Balance (in English Trade Balance) represents the difference in value between exports and imports of goods (but not services) and is a major market movers forex.
The data on the trade balance is released usually by central banks or Treasury Ministries and is a component of the Balance of Payments.
Description
The trade balance may be active (surplus), when the value of exports exceeded that of imports or, conversely, in passive (deficit), when the value of imports exceeds that of exports.
It follows that the surplus indicates the entrance of money capital, while the deficit indicates the output of capital. The correlation between capital flows and currency market is soon obvious: no need to pay for imports of the currency of the country from which you import. Therefore, the greater the exports of a country, most will increase the demand for currency.
Trade Balance and Forex
In fact, as a market mover, the Trade Balance tends to have effect particularly bullish on the currency of reference when given with a value that exceeds the expectations of analysts.
The data on the trade balance is released usually by central banks or Treasury Ministries and is a component of the Balance of Payments.
Description
The trade balance may be active (surplus), when the value of exports exceeded that of imports or, conversely, in passive (deficit), when the value of imports exceeds that of exports.
It follows that the surplus indicates the entrance of money capital, while the deficit indicates the output of capital. The correlation between capital flows and currency market is soon obvious: no need to pay for imports of the currency of the country from which you import. Therefore, the greater the exports of a country, most will increase the demand for currency.
Trade Balance and Forex
In fact, as a market mover, the Trade Balance tends to have effect particularly bullish on the currency of reference when given with a value that exceeds the expectations of analysts.
Bid Price
Literally in English "bid" means 'offering' and is the term used in Forex to indicate the price at which buyers may buy a currency pair.
This price is also called the "Bid Price" or "Bid Rate."
This price is also called the "Bid Price" or "Bid Rate."
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