the idea of it is simple as it is.
For example, you insure your deposit of 100 USD. In order to receive the lost money back you will need to trade 12 lots. that you start your trading as usual but you will not worry about the losses this time.
Then in case you lose the deposit and fulfill the...
Credit Agricole: Q1 GBP forecasts
GBP/USD
GBP/USD to weaken to $1.6200 in the stronger USD environment. Britain's officials will try to talk the pound down in Q1 2014.
Chart. Weekly GBP/USD
EUR/GBP
As for EUR/GBP, the pair is expected to fall towards 0.8200 by end-March. Pound will gain...
Nomura: trajectory for USD/JPY
Analysts at Nomura have outlines a scenario for USD/JPY using Elliott waves. The specialists expect the pair to trade sideways in the 102.50/104.50 during the next month in the wave (4) and then rally to 106.00 in the wave (5).
EUR/USD: how do the banks trade?
There’s a choice among various shorts.
BoA/Merrill: Short at $1.3764 with stop at $1.3834 and take profit at $1.3479
Credit Agricole: Short at $1.3780 with stop at $1.4160 and take profit at $1.3300
Credit Suisse: Short at $1.3800 with stop at $1.3860 and take...
Dec. 24: Asian session
Asian stocks rose boosted by the gains in the American session as the upbeat US spending data showed that US economic recovery gaining momentum. In addition, China’s central bank moved to ease a cash crunch by making its first market-wide money injection in three weeks...
EUR/USD: how do the banks trade?
There’s a choice among various shorts.
BoA/Merrill: Short at $1.3764 with stop at $1.3834 and take profit at $1.3479
Credit Agricole: Short at $1.3780 with stop at $1.4160 and take profit at $1.3300
Credit Suisse: Short at $1.3800 with stop at $1.3860 and take...
Credit Agricole: Q1 GBP forecasts
GBP/USD
GBP/USD to weaken to $1.6200 in the stronger USD environment. Britain's officials will try to talk the pound down in Q1 2014.
Chart. Weekly GBP/USD
EUR/GBP
As for EUR/GBP, the pair is expected to fall towards 0.8200 by end-March. Pound will gain...
Nomura: trajectory for USD/JPY
Analysts at Nomura have outlines a scenario for USD/JPY using Elliott waves. The specialists expect the pair to trade sideways in the 102.50/104.50 during the next month in the wave (4) and then rally to 106.00 in the wave (5).
Dec. 24: Asian session
Asian stocks rose boosted by the gains in the American session as the upbeat US spending data showed that US economic recovery gaining momentum. In addition, China’s central bank moved to ease a cash crunch by making its first market-wide money injection in three weeks...
Learning is very important, its true.
But still if you have this opportunity to protect your trading from any risks FBS Deposit Insurance is really a good idea.
FX BAZOOKA: technicals (Dec. 23)
AUD/USD
As expected, USD/CAD corrected down to 1.0635.
The pair is supported at the current level (100-period MA, Ichimoku Cloud top).
200-period MA is still going up, so the medium-term uptrend continues. 55-period MA is horizontal though and below the...
FX BAZOOKA: technicals (Dec. 23)
AUD/USD
AUD/USD recovered to $0.8950.
The pair returned to the upper Bollinger band and approached 55-period MA.
All MAs keep declining that indicates that a medium-term downtrend is well in place.
The prices are below the bearish Ichimoku Cloud. However...
FX BAZOOKA: technicals (Dec. 23)
USD/CHF
USD/CHF is correcting lower after hitting the 0.9000 mark (38.2% Fibo) on Friday.
We believe the last week’s break above the 0.8975 resistance opened the way to 0.9050.
The pair remains supported by the wide bearish Ichimoku, the 100-period MA and the...
FX BAZOOKA: technicals (Dec. 23)
USDJPY
USD/JPY is retracing a little lower from 104.60 (5-year high 104.60). Our next target for the pair lies at 105.55.
USD/JPY holds above the bullish H4 Ichimoku. The Kijun line lies above the Tenkan line, but both lines are flat.
The pair remains...
FX BAZOOKA: technicals (Dec. 23)
EURUSD
EUR/USD managed to rise from support at $1.3625 and test $1.3710.
55-period MA is starting to slope down.
The prices returned inside the Ichimoku Cloud. Tenkan-sen (red line at $1.3667) is providing some support. The Cloud turned bearish, but isn’t...
Key currency options (Dec. 23)
Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m...
Dec. 23: Asian session
Asian stocks went cautiously higher on Monday encouraged by record highs on Wall Street due to the upbeat data on American economic growth and the resilience of stocks to the Fed’s decision to start QE tapering. However, growth in shares wasn’t strong as China’s benchmark...
Yes, you were learned a good lesson by the Forex Market.
It is very important to try to control your emotions, stay calm and think clearly.
And of course never stop studying Forex.
Next time to protect your funds from losses you can try to insure your deposit with FBS