Author: Kent

What’s New At 4XC? 4XC, a top online forex broker for traders in Nigeria, has announced some exciting changes coming to its offering. As of February 15th 2023, 4XC traders will benefit from access to more instruments and lower minimum deposits. These changes are aimed at providing their clients with even more opportunities to trade and succeed in the market. New Crypto Instruments They’ve reduced the minimum deposit required for a VIP account from 25,000 to 10,000 USD or its equivalent in other currencies. This means that more people can access the VIP benefits, including lower spreads and exclusive trading…

Introduction to Martingale: What is it? Martingale is a trading strategy that has been around for centuries and is still used today by many Forex traders. It involves increasing the size of your position after each losing trade in order to recoup losses and eventually turn a profit. The idea behind this strategy is that if you keep doubling down on your trades, eventually you will make back all of the money lost from previous trades plus some extra profits. The Martingale system works by having traders increase their position size after every loss until they hit a winning trade,…

What’s the difference between a professional trader and a beginner? The ability to read charts and complex chart patterns and identify profit-making opportunities – i.e., know exactly when it’s time to buy assets and when to dump them. A professional trader gets this information from a Japanese candlestick chart made up of individual candlesticks. How a rice merchant helped traders Candlestick patterns are a technical analysis tool used to determine potential price movement based on studying Japanese candlesticks – a graphical representation of market data. The candlestick chart was created by Munehisa Homma, who traded on the Japanese rice exchange…

Cryptocurrency trading can be a lucrative endeavor…if you know what you’re doing. The key to success in trading cryptocurrency is to have a solid strategy in place before you enter the market. With so many different approaches to trading, it can be tough to know where to start. That’s why we’ve put together this list of three proven strategies that you can use to trade cryptocurrency successfully. The first strategy is what’s known as “buy and hold.” This approach involves buying a certain amount of cryptocurrency and then holding onto it for an extended period of time, regardless of what…

On March 15th, A-Markets made a game-changing announcement – they are increasing the leverage on all trading instruments to 1:3000! This is amazing news for traders who want to make the most of their capital. With this increased leverage, traders can enter larger positions and potentially make bigger profits. Of course, with increased leverage comes increased risk. Therefore, it is important that traders use this increased leverage responsibly and do not over-leverage their positions. However, used correctly, this increased leverage can be a powerful tool for making profits in the markets. Why This Is Exciting News for Traders Increased leverage…

In this article, I will introduce the Elliot Wave Theory, named after Ralph Elliot. This theory is used by many forex traders today and it states that the market price moves in cycles. I will explain how this theory works and why it is still relevant in today’s markets. The Elliot Wave Theory is based on the observation that market prices move in cycles. The basic idea is that there are two types of waves: impulsive waves and corrective waves. Impulsive waves move in the direction of the trend, while corrective waves move against the trend. The theory states that…

Many novice traders have heard of Gann’s method, which is highly accurate and popular in the trading environment. William Delbert Gann became famous for his outstanding ability to make accurate market predictions based on his calculations and observations. His approach was eventually turned into a trading methodology that allows you to predict market movements with incredible accuracy. In this article, we will take a closer look at the Gann technique and its application in trading. What is Gann’s Theory? Gann’s theory uses different geometric constructions and angles in conjunction with price and time. Gann believed that certain geometric angles had…

In pursuit of more profit, traders are always on the lookout for new assets. It is essential for an investor to pick assets with high earning potential. One of the promising financial instruments is CFD – Contract for difference. So, what are CFDs, and how can you earn from CFD trading? Read on to find out. Contract For Difference And Its Features A contract for difference (CFD) is an agreement between a buyer (trader) and a seller (a CFD broker) that stipulates that the buyer must pay the seller the difference between the current value of an asset and its…

M4Markets has made some exciting changes to its 50% Credit Bonus. What’s New? Up until now, the M4Markets forex bonus was not withdrawable and traders could only withdraw their profits. However, they’ve just updated their terms and you can now withdraw some of your credit bonus depending on the volume you have traded. How Does It Work With each lot you trade on a Standard Account, they will instantly transfer 2 units of currency and add them to your balance. With each lot you trade on a Raw Spread or a Premium Account, you will have 1 unit of currency…

Tixee is offering a great account rebate promotion. You can receive a rebate of up to 100% depending on the type of account you have (Max: $10k). You will receive the rebate on each round-turn position. How It Works Entry Account: 30% Bonus ($250 min. deposit)Standard Account: 50% Bonus ($2,500 min. deposit)Premium Account: 70% Bonus ($10,000 min. deposit)VIP Account: 100% Bonus ($50,000 min. deposit) Things To Note The applicable rebates will be distributed proportionally and will be equal to two (2) account units for every one (1) LOT traded on FX currencies, two (2) USD per each LOT of commodities,…