Top Forex Trading Tools for Technical Analysis for 2021

For more information and fxgm opinions, the web is full.

One great place to read various discussions about fxgm twitter as well as fxgm facebook.

Their discussions usually also involve old investors with a lot of experience in the matter.

You can also ask anything that bothers you in forex, you will definitely get an answer from someone.

You should also read the fxgm discussion where many share good experiences with this type of investing.

Happy Friday to all Traders, Investors, Analysts!!!!

This week would be one of the crazy week in Stock Market history.

As you may have read about it already, GME Stock Price manipulation and Short Squeeze by the reddit group WallStreetBets.

It has been acknowledged by the White House and it\’s under investigation.

Forex Exchange Trading is essentially the trading the currency from two countries against each other.

AAA Trade Review talks on financing the currency pair that you want.

In this digital world, many firms are trying to invest their money abroad.

Firms have put their interest in Online Currency Trading.Currency trading is a kind of market that runs for 24-hours.

This 24-hours session is not that steady.

The company is preparing its clients (traders) to join the trading war with some strategic plans.

If someone doesn’t find any clue to detect its loss, it will be very difficult for him to reinvest in the market.

People are rushing and taking part in online currency trading to make more profit.

In addition to the "pandemic," the interruption of the uptrend of the US dollar (USD) was another development of the fateful year 2020.As shown in Figure 1, the USD index lost the uptrend - rising highs and rising lows - that began in the 2008 crisis, when the Lehman Brothers investment bank failed in September 2008.This index was created in March 1973, with 100 points, following the termination of the Bretton Woods agreements in 1971.Until that year, the USD, the world's reserve currency (it still maintains this status today), was convertible into ounces of gold (35 USD corresponded to one ounce of gold).

Since then, the US currency has become a fiat currency, i.e., it is no longer convertible into commodities and is only legal tender.

By law, no merchant can refuse this currency in a commercial transaction.To measure the value of the USD, a basket of currencies with different weights is used.Currently, this basket is made up of six currencies, in which the euro (EUR) is the most relevant currency, with a weighting of over 50%:Euro (EUR; 57.6%)Japanese yen (JPY; 13.6%);British pound (GBP; 11.9%);Canadian dollar (CAD; 9.1%);Swedish krona (SEK; 4.2%);Swiss franc (CHF; 3.6%).Until 1971, currency was issued against gold, i.e., the US Central Bank, the Fed, for X tons of gold, issued Y USD.

That is, its balance could only increase if there were gold reserves in its coffers; a greater quantity of Gold corresponded to a greater quantity of dollars and vice versa.From 1971 onwards, the issuance of foreign exchange is done through the purchase of government bonds.

How does it work?In a simplified form (without considering the fractional reserve system of commercial banks and their role as intermediaries in the bond market), it consists of the following: the US Treasury issues Treasury bonds, let's imagine 1,000 bonds at 10 USD each, maturing in 1 year; the FED issues USD 10,000 and buys these securities from the US Treasury, keeping these assets in its balance sheet.If these bonds involve interest payments, we will assume a rate of 10%, which means that next year the US Treasury will have to pay the FED 1,000 USD as interest and 10,000 USD to repay the loan.Here comes a question:If no one has printed an additional 1,000 USD, it means that there is not enough USD to pay the central bank (FED), the security holder.

How do you solve this problem?Issue more debt, always more, like a pyramid scheme.To keep this monetary system working, the production of new debt must exceed debt repayments.In other words, governments have to permanently sell paper (bonds) to the central bank to keep the monetary system afloat.In conclusion, to print a lot of money, the government has to create an exceptional supply of bonds - financial assets - for the central bank to purchase by issuing money for that purpose; otherwise, it is not possible to increase the amount of money in circulation (simplified explanation, without taking into account the effect of fractional reserves of commercial banks).The current USD index considers the reality of 1973 when countries such as China, Mexico, South Korea, and Brazil did not weigh in world trade, a very different reality today.This year, the USD depreciated considerably against the main cryptocurrency, Bitcoin (BTC), and precious metals: gold and silver.

Tradingdominance is a leading online trading portal for retail traders and investors.

Tradingdominance provides its clients with access to the most popular financial trading instruments, including stocks, forex currencies, commodities and indices on various international exchanges through one account.

The company offers high quality services at competitive prices in order to provide investors an opportunity to maximize their profits by minimizing the risks of investing.Tradingdominance is a leading online trading portal for retail traders and investors.

The company offers high quality services at competitive prices in order to provide investors an opportunity to maximize their profits by minimizing the risks of investing.Tradingdominance is a financial investing and trading portal, serving as an index for traders and investors.

We offer the latest news in stocks, commodities, currencies and more.

Tradingdominance provides education on trading basics such as how to read the markets, technical analysis tools like charts and indicators, trading signals from professional traders with proven performance records that show you which trades to take when it comes time to buy or sell.Tradingdominance is a financial investing and trading portal.

The process of buying and selling of financial instruments on an online trading platform is called trading.

It is different from investing as trading involved active participation in the market while investing consists of buying the securities and holding them for a long period before selling them.

He has as many followers as opponents.

Day Trading is a great way to make good money, but not necessarily an easy way.

It gives us huge opportunities for profit, but it also puts us at great risk.

5 powerful tips to become effective Day Trader

Find a system and stick to it: it is very important to find your "set" of profitable techniques and refine them.

Trading without a plan is no different than gambling and will definitely lead you to ruin.