Financial Blog

Question by for fun: where can i see the common chart indicators free of charge ??( for forex trading)?
i am a beginner in forex trading and would like to know most popular set of indicatores that are used by the successful traders??

Best answer:

Answer by forexbroker1
Forex made easy is a simple and productive tool… You can also utilize the MACD on just about any platform… Depending upon how much you trade I would suggest Oanda as the best beginner platform.

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by L.C.Nøttaasen

Question by : What is the difference between options and binary options?
I was reading a blog that kept talking about binary options trading instead of options. It said that binary options trading was a lot easier especially whne trading in the Forex Trading markets.

Best answer:

Answer by Raysor
A binary option is betting on yes or no. For example if an index goes above 5000 or not. Right or wrong. Otherwise you are betting on the movement. So you would be winning if the index goes above 5000 (say 5001 might be win £10, 5002 win £20 etc.) and conversely losing if it goes below 5000 to the same degree.

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by kimberly.kalil

Question by tahir.com2008: I have made a page on flash and want to make it my home page?
Dear friends! I have make a Web page on flash its extension is swf. How can i make it my home page on my website

Best answer:

Answer by Fearliss
You are going to need to host a server or website. One of the easiest ways to do it is visit one of the following sites:

http://www.110mb.com

http://www.zymic.com

After you have created your own personal webpage and hosted a website, now you are going to need to upload your flash .swf file extension to your website. To do this you can either use the web uploader usually found on your webpage’s server, or you can use a FTP client to upload the file.

Once the file is uploaded to your server point your website’s homepage to the file. That way when you access your website (aka: www.mywebsite.110mb.com it will display your flash’s movie file.

Hope I helped,
Fearliss

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Question by : Are FOREX robot trading systems legitimate or a scam?

Best answer:

Answer by Jerry
All forex robots are SCAMS.

Think it through. If anyone had such a product, they would use it to trade and become incredibly wealthy. They would not try to sell it to you for a few dollars. The entire concept is ridiculous.

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by chrome76

Question by : Does retail forex traders suffer from similar biases from Forex brokers?

Best answer:

Answer by Fxcc
Hi Tin,

I believe that retail forex traders suffer or not from biases from Forex Brokers, depending on the type of broker they have chosen to work with.
Since there is a wide range of brokers, regulated, non regulated, market makers, ecn/stp, traders have a rough time making the right choice.
From my point of view, if you want to avoid biases from Forex brokers, you need to take into consideration a couple of conditions:
- as a retail client, it is better to register with a regulated broker;
- the broker is not supposed to interfere with my trades;
- the broker is not supposed to gain from my losses.

The main idea is to register with regulated broker because the regulatory body actually obliges the broker to be transparent, to run it’s activities according to the financial directives and laws of that region, in some cases to offer you, as a retail client, a type of coverage for extreme situations such as bankruptcy.
Regulatory bodies have been created to impose certain limits with regards to how much information regarding the risks involved in trading should a trader have access to, to how well protected a trader’s investment is, to avoid any potential conflict of interests between the market participants.
Another good thing about a regulated broker is that you, as a trader, can actually file a complaint if you have evidence that your broker has breached the financial laws/directives imposed by it’s regulatory body.
Regarding the interference of brokers with their client’s trades, there is one documented fact- market makers do that on a regular basis, to make their profits, this is why you will get re-quotes whilst dealing with this type of brokers.
Regardless of the outcome of your trade, the broker is not supposed to gain from your profits/losses. So instead of having your trades manipulated to lose more than to gain, I would suggest you search for a broker that charges you a commission rather than make your loss their gain.

Best Regards,
FXCC Representative

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