How to find support and resistance Being able to locate support and resistance is an essential skill for every trader no matter what his/her strategy is. The good thing is that there’s no need to get fancy. Simpler solutions work better because the strongest levels are those that are evident to the majority of traders.
What does ESMA’s new regulations hold in store for retail traders? ESMA has recently rolled out CFD regulations with an August 1st deadline. The most extreme measure was a complete prohibition of binary options and heavy restriction of maximum leverage available to retail CFD traders. Some sources say many brokers are looking to move operations
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;
Some insights on the usage of the Ichimoku indicator The Ichimoku indicator stands out among other technical indicators. It’s just another thing in technical analysis that came from Japan. Its name is translated as “one glance”. The idea is that it allows traders to make a full-fledged judgment about the market after just several seconds
  Japanese candlesticks represent the best type of a chart. It surpasses the line chart significantly and is just more visually pleasurable than the bar chart. Knowing that technical indicators have plenty of drawbacks (they lag, they redraw, they are too ambiguous) understanding price action itself is a must. Japanese candlesticks in this sense can
Party members to decide on coalition with Merkel Germany’s Social Democrats will count hundreds of thousands of votes from party members to determine if the rank-and-file will accept a coalition with Merkel. The votes will be counted overnight and determine if the grand coalition negotiated over the past four months will take place. Party leaders
                        Technical analysis offers a lot of instruments to determine important levels. We draw these levels through previous highs and lows, find them with the help of Fibonacci tools and pivot points, trendlines etc. At first sight, the theory is simple: when the price breaks an important level, it means that it should continue moving