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cpi meaning in forex Replied 3 months ago - When the United States government releases their CPI report it can cause the dollar to fall or rise, and you see the effect on the charts. If the CPI numbers come out better than the experts had forecasted, you will see the dollar gain strength and vice versa.
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Is Deriv Legally FSCA Regulated in South Africa? Replied 3 months ago - Not a recommendation but AvaTrade is good for fixed spread and I use them. I also use Trade Nation for trading currency pairs because their spread is low.
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do you think exness is better than hfm in Kenya? Replied 3 months ago - Both Exness & HFM are CMA regulated brokers offering the same 1:400 leverage and cent accounts for beginners. But when it comes to customer service & access to markets, HFM is better
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what is pivot point in trading Replied 3 months ago - To add to what @Arthur said, Pivot Points are effective in trading, but they do not work all the time, they only serve as guides. Sometimes price does not respect the pivot point. It is better to mark out your pivot points every day just in case.
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what is top down analysis in trading? Replied 3 months ago - When I switch to the lower 5-minute time frame, you will notice that the previous month low is acting as resistance to price, causing a downward movement after retest. This is a classic example of how top-down analysis can be applied to trading.
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as a trader don't hesitate to pull the trigger Replied 3 months ago - I would say always wait for confirmation of a candlestick pattern before entering. I don't enter immediately i see a candlestick pattern, I place a pending order 2 0r 3 pips above the pattern and wait for price to go to the pending order and trigger it. By doing this, I avoid fake outs.
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Is Robinhood an investment or trading platform in the UK? Replied 3 months ago - Robinhood is for investing and trading, but you cannot trade forex with them. Their product catalogue is very limited; you can only trade equities and options. Their customer service is a joke so beware.
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which investment platforms have cash sweep program? Replied 3 months ago - Interactive Brokers & Robinhood are the ones I know have cash sweep programs for uninvested cash. But that of Interactive brokers is more effective
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which investment platforms offer DRIP Replied 3 months ago - Robinhood DRIP does not buy into Net Asset Value discount, I prefer using Trading212 or Interactive Brokers for DRIP
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can i trade binary options in the uk Replied 3 months ago - The binary option ban in the UK, has been in effect for years now https://www.fca.org.uk/news/statements/fca-confirms-permanent-ban-sale-binary-options-retail-consumers
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what tdi indicator settings do you use? Replied 3 months ago - Never heard of this one, how does it work?
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what is the best indicator for spotting support & resistance on charts? Replied 3 months ago - Simple Moving Average (SMA) & Fibonacci Retracement are some good indicators I use. My 14-day SMA curve acts as support when price is above it and acts as resistance when price is below it. It is not perfect, so I don't rely on it 100% i just use it as a guide. Fibonacci retracement levels can also act as support and resistance, especially the golden fib level of 61.8%
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why do bond cfds have lower leverage than forex cfds in the UK? Replied 3 months ago - The FCA has since shifted position on this matter, they now allow up to 1:30 leverage on bond cfds. In the past, the FCA had tried to comply with ESMA regulations but on the matter of leverage on bond cfds, they disagreed with the ESMA and insisted on increasing leverage on bond cfds to 1:30 because they say it is lower risk than forex and ,ost traders use bond cfds for hedging and not for speculation.
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what is margin level in trading, when should I be worried about it? Replied 3 months ago - In some jurisdictions like the UK, Europe & Australia, the financial market regulators set the stop out level for brokers to apply to their clients' accounts.
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what is margin trading, what assets can i trade on margin? Replied 3 months ago - Thank goodness for margin, a lot of us would not be able to trade without margin.
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can I trade options on every stock? Replied 3 months ago - The answer is no! Options are instruments meant to manage risk exposure on the stock. Some stocks (like penny stocks) have little or no trading volume on the exchange so if almost nobody is trading the stock why will the exchange design an option for it? Think about it!
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Why was September 2025 NFP not released as scheduled? Replied 4 months ago - The United States government has shut down due to Democrats & Republican politicians fighting over what and what not to include in their spending bill and this is why the NFP report wont be released today.
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Does a resistance/support line get weaker the more it is tested by price? Replied 4 months ago - I think it does get weaker the more it is tested.
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Is Exness as good as their commercials make them seem? Replied 4 months ago - I am also curious as to how the exness stop out protection works. @ozgal
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Are there any Real ECN Brokers in South Africa? Replied 4 months ago - When we say a broker is an ECN or STP broker, it doesn't mean they will not offer standard accounts where spread is the only trading fee. ECN/STP brokers offer both zero-spread accounts (where spread starts from 0.0 pips and you also pay a commission per trade) and standard accounts (where spread is higher but is the only trading fee you pay). When a broker is not an ECN/STP broker, their account types will be only standard accounts meaning spread-only accounts for example look at a broker like XM none of their accounts charge commission, so they are an example of a market maker.
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