Forex Brokers

1
The Best Kept Forex Secret
That as well is understandable. However, I will
not trade with a broker that does not respect the
spread of the currency pair I am trading during
liquid normal hours such as the European session
and US session. Limit/Stop Orders There is a
nice trend developing today due to intense
competition amongst forex brokers provide
guarantees on stop and limit orders. However,
always look at the fine print of these
guarantees. As an example, some brokers will tell
you our guarantee is good except in "extreme
market conditions". Make sure to ask them what is
"extreme market conditions". Is it only on NFP
announcement? If so, how long before and/or after
NFP release does the guarantee stand? Trading
Platform When you open an account with an online
forex broker you will be trading through the
broker's proprietary trading platform. Make sure
before opening a live account you open a forex
demo account in order to test the trading
platform. You have to be comfortable with it and
you have to make sure it fulfils all your needs.
Mini Accounts Several years ago you could not
open an account with a forex broker with less
than USD 10,000.
2
That as well is understandable. However, I will
not trade with a broker that does not respect the
spread of the currency pair I am trading during
liquid normal hours such as the European session
and US session. Limit/Stop Orders There is a
nice trend developing today due to intense
competition amongst forex brokers provide
guarantees on stop and limit orders. However,
always look at the fine print of these
guarantees. As an example, some brokers will tell
you our guarantee is good except in "extreme
market conditions". Make sure to ask them what is
"extreme market conditions". Is it only on NFP
announcement? If so, how long before and/or after
NFP release does the guarantee stand? Trading
Platform When you open an account with an online
forex broker you will be trading through the
broker's proprietary trading platform. Make sure
before opening a live account you open a forex
demo account in order to test the trading
platform. You have to be comfortable with it and
you have to make sure it fulfils all your needs.
Mini Accounts Several years ago you could not
open an account with a forex broker with less
than USD 10,000.
3
For this purpose, the author recommends to study
the problems unsolved by the "the classicists of
Forex" - such as D. Murphy, T. DeMark, D.
Swagger, E. Neiman, etc. (see the previous
chapters). Below the author enumerates the
problems concerning the slanted channel
technique, unexplained by "classicists of Forex".
In addition, the author demonstrates how these
problems are solved within Masterforex-V Trading
System. The first difference between the
approaches of "Forex classicists" and
Masterforex-V Trading System to the slanted
channel technique consists in applying different
timeframes. In Masterforex-V Trading System, it
is recommended to work within the timeframes to
start from M1 and up to W1. This approach permits
us to settle down certain contradiction.
4
The latter is mentioned by E. Neiman. According
to this specialist, trend lines and models
examined in various timeframes can differ. For
instance, the weekly trade can look as the
"bull's one. At the same time, the daily trend
can be regarded as "bear". In addition, the
author of this book would like to emphasize the
following. Within H4-chart Automated Forex
Toolstimeframe a flat can occur. Within H1-chart
timeframe, a trend is possible - and so on - up
to M1. Thus, the reader must understand that
there exits a certain correlation between trends
of different kinds (within M1W1). An individual
who works within the only timeframe does lose his
game for sure. As it had happened before, at
least 19 of 20 traders had lost their money. Such
traders had confidence in basic plots of Forex -
in D1, or H1, or M1. http//rockthestockreviews.o
rg/fx-best-solution-review/