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USDCAD USING SLK Replied 1 month ago - Stoploss Hit
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best time to trade us30 in south africa Replied 1 month ago - Here is another example. This is the US30 chart for today, and you can appreciate the burst of activity when US stock exchanges open
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USDCHF SETUPS Replied 1 month ago - SELL PROJECTION.
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what is the polish currency, can i trade it in forex? Replied 1 month ago - The currency of Poland is the Polish złoty, written as: Name: Polish Złoty Code: PLN Symbol: zł You’ll often see it quoted in forex as a pair like: USD/PLN (U.S. Dollar vs. Polish Złoty) EUR/PLN (Euro vs. Polish Złoty) you can trade PLN in forex, but it is considered an exotic currency pair, not a major. ✔ Available to trade (with most brokers): USD/PLN EUR/PLN GBP/PLN (on some brokers)
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for which forex pairs is eurusd correlation negative? Replied 1 month ago - The strongest negatively correlated currency pair to EUR/USD is USD/CHF. When EUR/USD goes up, USD/CHF often goes down, and vice-versa.
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GBPAUD Replied 1 month ago - I did not set my limit when this trade got to my entry but i will be entering if i get a retracement to that zone.
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how does dxy affect the prices of currency pairs Replied 2 months ago - When DXY goes DOWN The U.S. dollar is weakening. Effects: USD pairs often fall (like USD/JPY, USD/CAD) because the dollar is weakening. Non-USD currencies rise vs USD (like EUR/USD, GBP/USD). Example: If DXY drops, GBP/USD usually rises. DXY reflects: Interest rate expectations for the U.S. Market risk sentiment (USD rises when people want safety) Global demand for dollars Because the U.S. dollar is the world’s dominant currency, shifts in DXY ripple through nearly all FX markets.
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which currency pair is most profitable in forex? Replied 2 months ago - I guess the relevant question to be asked is "which currency pair is the least volatile" because when a pair is not too volatile, your risk is lower leading to a chance for more winning trades. So I think EUR/USD is the least volatile pair to trade and another good thing with it is that it has the lowest spreads of any currency pair and the liquidity is high since market makers always use eur/usd options to hedge their fx exposure.
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what are options in forex? Replied 2 months ago - Forex options are OTC (over-the-counter) derivatives that give the holder the right, not obligation to exchange one currency for another at a pre-defined strike on or before expiry.
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Xauusd or currency pairs? Replied 2 months ago - Please what exactly drives Gold prices?
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orokpos trades Replied 3 months ago - The trend for the past week has been fake of Asian high/low. The bearish engulfing pattern was the sell trigger, you did well to hold the trade from edge-to-edge.
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what's us30 ticker symbol on ifx brokers? Replied 4 months ago - US30 index is also know as Wallstreet 30 or WS30 as ifx brokers displays it
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what are futures contracts in forex trading? Replied 7 months ago - Futures Pricing & Cost: Futures trade on exchanges every day so the price will be displayed, and the price also fluctuates according to market forces. You can click on any futures to see the contract specs. In the image attached, we see a Platinum Futures (PLV5) trading at a current market price of $1,359. However, from the contract specs we see that each PLV5 contract contains 50 troy ounces of platinum so the notional value of the contract will be ($1,359 x 50 ounces) = $67,950 When you buy and hold a futures contract overnight, it will be marked-to-market meaning you will be debited if the final daily settlement price is lower than your entry price. You will also be credited if the final daily settlement price is higher than your entry price.
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eurusd vs xauusd which is better? Replied 8 months ago - EU above all.
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please mention some countries where the rand is stronger than their currency Replied 8 months ago - INDONESIA The Rand is 912-times stronger than the Indonesian Rupiahs. The current Rand to IDR exchange rate is R1/912.53 IDR
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gold vs dollar: what is the price relationship? Replied 9 months ago - Gold is a dumb metal meaning it doesn't pay interest so if the us dollar is strong people will rather invest in the dollar so they can earn interest, and this causes gold prices to fall when people move their investments from gold to the us dollar.
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what is the difference between btcusd and btcusdt Replied 9 months ago - How about a little breakdown to make it more comprehensive and relatable. USDT (Tether) is a stable coin that represents the value of BTC (bitcoin). USDT holds a stable value relative to the US dollar. This pair gives a little advantage against market fluctuations, since it can be traded without assets being converted to fiat a currency. Meanwhile, the pair BTCUSD represents the value of bitcoin in the US dollar, indicating the current price of BTC in fiat currency. This pair is used to buy or sell BTC using the actual US dollar currency. In my opinion BTCUSD is more volatile due to fluctuations in the dollar market. Meanwhile BTCUSDT is a little less volatile due to the stable coin in the pair.
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is crypto haram? Replied 9 months ago - Because there is not much transparency when it comes to crypto and so many scammers utilize crypto as a means of moving funds and making it difficult to trace, most scholars will say crypto is haram. Crypto is a new phenomenon so whether it is haram or halal will depend on interpretation of scholars.
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is us100 the same as nas100? Replied 9 months ago - US100, NAS100, USTECH100 etc. all mean the same thing - the Nasdaq Index
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why xauusd is not moving today? Replied 9 months ago - XAU/USD has been trading within a range this week, and i suspect it has to do with trade tensions which are a fall out of the israel- Iran conflict. The United States has not yet made it clear if they will join in the war, so investors do not know if to run to gold or if to keep their investments in the us dollar.
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