wisepowder's blog

Panatilihin ang Pananahimik sa mga scam sa FX?


Mayroong maraming mga tuso na scammer sa industriya ng Forex at maraming mga negosyante ang naging o niloloko nila!To get more news about panloloko, you can visit wikifx.com official website.

　　Ano ang gagawin mo kung naharap ka sa gayong mga pangyayari？ Tumayo nang walang magawa at tanggapin ang malas？ HINDI! Isa pang pagpipilian dito - gamitin ang WikiFX upang maipakita ang mga scammer! Ipaglaban natin sila sa lakas ng media!

　　Nasa ibaba ang isang patnubay upang mag-ulat ng mga scam sa forex sa WikiFX app at webiste.

　　1) Paano Mag-ulat ng Mga Scam sa FX sa WikiFX App？

　　Hakbang 1: I-install ang WikiFX app. Hanapin ang “WikiFX” sa Play Store, App Store, o sa pamamagitan ng aming mga opisyal na link:　　Hakbang 2: Mag-log in sa WikiFX app at i-click ang seksyong “Exposure” sa homepage. Pagkatapos ay ipasok mo ang pahina ng pagkakalantad.

　　Hakbang 3: I-click ang pindutang “Ilantad” upang mapili ang uri ng pagkakalantad at ang broker na nais mong iulat.

　　Hakbang 4: Isulat ang iyong karanasan, mag-upload ng may-katuturang ebidensya at bitawan ang iyong pagkakalantad.


Hakbang 5: Susuriin ng aming kawani ang iyong pagkakalantad at bibigyan ka ng puna sa loob ng 3-5 araw ng pagtatrabaho.

　　2) Paano Mag-ulat ng Mga Scam sa FX sa Website ng WikiFX？

　　Hakbang 1: Buksan ang website ng WikiFX, hal. https://www.wikifx.com/ph_fil/, at mag-log in sa iyong account. Pagkatapos ay i-click ang seksyong “Paglalahad” sa panimula upang ipasok ang pahina ng pagkakalantad.Hakbang 4: Susuriin ng aming kawani ang iyong pagkakalantad at bibigyan ka ng puna sa loob ng 3-5 araw ng pagtatrabaho.

　　Bilang paalala, mangyaring lumipat sa WikiFX kapag nakatagpo ng hindi kilalang mga platform ng forex. Mas pag-iingat, higit na kaligtasan!

Finding Great Entries With Fibonacci Analysis


　　The Fibonacci retracement is an extremely well-used tool for helping traders identify levels of support and resistance. The tool comes as standard on the MT4 platform and helps traders measure a swing in price and identify key levels within that price swing which might serve as turning points if retested.To get more news about Fibonacci Trading, you can visit wikifx.com official website.

In the image above you can see that we have applied our Fibonacci retracement tool to a bearish price swing. Price sold off from point A to point B. Once price started to bounce from point B, we would apply our Fibonacci retracement tool measuring from the top of the swing to the bottom (and vice versa for a bullish move). The tool then plots on our key Fibonacci levels to monitor. As you can see price initially reversed from the 50% before travelling higher to test the 61.8% level which ultimately sends price lower.

　　This is a clear example of the basic way we can look to use Fibonacci retracement to identify trading opportunities. This can be particularly helpful in trending market helping us to enter as the market corrects, allowing us to get in as the trend then resumes.

　　Quick Tip:

　　The Fibonacci retracement tool highlights the key levels for us to monitor but we dont know which, if any, will work. Traders should look to identify confluence between key Fibonacci levels and other technical elements such as price action signals, support & resistance, trend lines or indicator readings to build a proper trade idea.
Looking at the example again you can see that we actually have confluence at the 61.8% Fibonacci level with trend line resistance coming in at that level also. This suggests that this would be the strongest level to look to trade.

　　The Fibonacci Extension

　　The Fibonacci extension is another classic analysis tool. This time, we measure the price swing but instead of looking for levels within the move which may serve as turning points if retested, we are looking at projected levels which are yet to be tested but could serve as turning points if they are.In the example, above you can see that we measure our bearish price swing from top to bottom (vice versa for bullish move) and this time the tool plots levels below the low of the swing point. At point C you can see what happens when price meets the 127% extension, it reverses and trades higher.

　　Again as with the retracement tool, we can look to identify confluence at key Fibonacci levels to help us identify the stronger levels to look to trade. Whereas we might look to use the Fibonacci retracement tool to help us identify points of correction in a trending market, the extension tool can be useful for identifying potential trend reversal zones and can also be used as a tool for setting profit targets whereby traders look to Bank any open trades as they test the key extension levels.

　　Summary

　　As you can see, Fibonacci levels can offer us powerful entry points to key moves. The tools are simple to use and once you are confident in tracking the right price swings you should be able to identify good reversals. The beauty of this method of technical analysis is that it really compliments other forms such as support & resistance, indicator trading, price action trading and is a versatile way to approach the markets.

Des critères de trading Forex qui comptent !


　　Stratégies WikiFX (mercredi 14 avril 2021) - Ci-après se trouvent des critères de trading Forex résumés par des traders ayant une expérience de 20 ans. Veuillez les lire et considérer attentivement, afin d'obtenir des aides à votre trading !To get more news about Forex, you can visit wikifx.com official website.

1. Préréquis dinvestissement

　　Garantie de la vie familiale.

　　Ne pas investir le fond d'urgence, ni les emprunts.

　　Investir votre fonds de réserve, en laissant des espèces pour des utilisations durgence.

　　2. Investissement à temps plein

　　Du capital suffisant, assez de temps et des connaissances professionnelles dans le trading sont requis.

　　Les produits de trading avec de gros risques mais de grands bénéfices potentiels peuvent être investis plus de manière appropriée.

　　Il faut investir avec diversification (par exemple, investir dans des actions, paires de devises, assurances, immobilier etc.).

　　3. Investissement à temps partiel

　　Le capital peut être plus, ou moins

　　Investir dans les produits de trading avec peu de risques, et à long terme

　　Investir avec diversification

　　Mieux veut ne pas investir en partenariat

　　4. Des erreurs dans linvestissement

　　Les transactions en pleine position conduiront absolument à des pertes.

　　Les transactions fréquentes manquent des guidances techniques.

　　Les opérations contre les tendances vous rapporteront peu de chances pour gagner, mais vous exposeront à de gros risques.

　　Les transactions de couverture signifie qu‘on n’accepte pas le fait des pertes.

　　Les prévisions des plafonds et fonds sans configuration des stop-loss rapportent des excuses aux erreurs.

　　Effectuer des ventes à découvert après des achats longs et vice versa impliquent la poursuite de la perfection mais aussi la manque d'objectifs.

　　Croire à des nouvelles et suivre aveuglement ce que d'autres personnes ont fait, veut dire la manque de connaissance du marché.

　　Ne pas savoir se réfléchir. Au contraire, se méfier du marché.

　　Fixer des plans de trading à long terme sans savoir l‘incontrôlabilité de l’avenir.

　　5. Des conseils des maîtres

　　95% des bénéfices sont générés par 5% des transactions.

　　Clés du trading réussi : Trader à long terme, fixer des stop-loss, trader en suivant les tendances, et tenir des positions légères.

　　S'attendre à des occasions avec patience, et gagner le jeu avec simplicité.

　　Toutes les expériences réelles des traders professionnels pendant 20 ans, se trouvent dans l'APP WikiFX ! Cliquez ici pour télécharger : https://cutt.ly/WikiFXfr (Android) /https://bit.ly/wikifxFRiOS (iOS).

様々な取引ツールにチャート機能が搭載されているのに、何故未だmt4が人気なのか



以下の記事は斉藤学先生のブログより抜粋した内容です。詳細はぜひ斉藤学先生のブログをご覧ください：To get more news about FX初心者, you can visit wikifx.com official website.

[WikiFX]様々な取引ツールにチャート機能が搭載されているのに、何故未だmt4が人気なのか.jpg
　　為替取引に関する、為替会社が提供する独自のシステムか、第三者が提供する独自のシステムか、いずれもチャート機能を搭載していますが、何故MT４が未だに人気を誇っているのかについて何点かMT4の魅力をお伝えします。
　　MT４のダウンロード及び入門ガイドは斉藤先生のYoutubeをぜひご覧ください。

　　WikiFXは格安VPSを提供しています。APPダウンロードで簡単VPSを購入できます。

TGX MARKETS MELAKUKAN PENIPUAN MASSAL DI INDONESIA!!


Broker TGX Markets telah melakukan manipulasi dan penipuan terhadap puluhan nasabah di indonesia. Jumlahnya pun tidak tangung-tanggung, mencapai total ratusan juta.To get more news about TGX Markets, you can visit wikifx.com official website.

　　TGX markets adalah broker yang berasal dari Saint Vincent dan Grenadines, perusahaan ini tidak mempunyai satupun regulasi yang valid dari Indonesia bahkan dari negara asal mereka sendiri.

　　Saat ini TGX Markerts pun telah mendapatkan sangat banyak laporan penipuan dengan melakukan penggelapan dana nasabah di indonesia. Tidak tanggung-tanggung, total dari nilai tersebut mencapai ratusan juta rupiah, bahkan mempunyai potensi untuk terus bertambah.　　Kami pun sudah berkomunikasi dengan salah satu korban mereka yang manjadi korban TGX Markets sebesar Rp. 87.000.000,-. Modus mereka adalah membatalkan withdraw nasabah, membuat saldo nasabah menjadi kosong dan mem blokir akun nasabah secara sepihak. Saat ini para korban penipuan massal TGX telah membuat grup telegram untuk melakukan upaya dalam pengembalian hak mereka semua dengan mengundang perwakilan dari pihak broker, namun jawaban sinis lah yang mereka terima.

Saat ini TGX masih menjerat korban baru dengan menawarkan investasi dengan tawaran keuntungan yang menggiurkan. Potensi terjeratnya nasabah baru sangat besar mengingat mereka melakukan kampanye dengan sangat massive.

　　Harap selalu mengecek Bappebti dan WikiFX sebelum anda melakukan kegiatan transaksi apapun, dan pastika broker yang anda minati mempunyai kredibilitas yang bagus untuk menghindari kejadian yang tidak diinginkan kedepannya.

CHỈ BÁO MACD VÀ NHỮNG KIẾN THỨC TRADER NÊN BIẾT


Đối với các nhà đầu tư sử dụng trường phái phân tích kỹ thuật thì chỉ báo MACD là một công cụ hữu hiệu và dễ sử dụng. Bài viết này là sẽ giới thiệu những thông tin cơ bản nhất về chỉ báo MACD để bất kỳ trader nào cũng hiểu và biết cách ứng dụng một cách hiệu quả vào giao dịch của mình.To get more news about chỉ báo MACD là gì, you can visit wikifx.com official website.

　　1. Chỉ số MACD là gì？

　　MACD được viết tắt bởi 4 chữ Moving Average Convergence/Divergence (Đường Trung Bình Động Hội Tụ Phân Kỳ), là một chỉ báo thuộc loại dao động được các nhà giao dịch sử dụng rộng rãi trong phân tích kỹ thuật (TA). MACD là một công cụ theo dõi xu hướng sử dụng các đường trung bình động để xác định đà của một cổ phiếu, tiền mã hóa, hoặc một tài sản có thể giao dịch khác.
　　Được phát triển bởi Gerald Appel vào cuối những năm 1970, chỉ báo Phân kỳ Hội tụ Trung bình Động theo dõi các sự kiện định giá đã xảy ra, do vậy, chỉ báo này được xếp vào nhóm các chỉ báo muộn (đưa ra các tín hiệu dựa trên hành động định giá hoặc dữ liệu giá đã xảy ra trong quá khứ). Chỉ báo MACD có thể hữu ích để đo đà của thị trường và các xu hướng giá có thể xảy ra, và nhiều nhà giao dịch sử dụng chỉ báo này để phát hiện các điểm vào và điểm ra khỏi thị trường tiềm năng.

Đường MACD (đường màu xanh hay còn gọi là đường nhanh) - giúp xác định đà tăng hoặc giảm (xu hướng thị trường). Tính đường này bằng cách tính hiệu của hai đường trung bình động hàm mũ (EMA).

　　• Đường tín hiệu (signal line – đường màu cam) hay đường chậm - một EMA của đường MACD (thường là EMA của 9 giai đoạn). Sử dụng kết hợp phân tích đường tín hiệu với đường MACD có thể giúp phát hiện các điểm đảo ngược tiềm năng hoặc các điểm vào và điểm ra thị trường.

　　Đường MACD được tạo thành từ đường EMA12 và EMA26. Do đó, khi đường EMA12 cắt EMA26 thì trong chỉ báo MACD ta sẽ nhận thấy lúc này đường MACD sẽ cắt đường Zero. Nhìn hình bên dưới sẽ cho thấy một ví dụ về điểm giao cắt này.
　　Việc áp dụng sự giao cắt giữa đường MACD và đường Zero thường cho tín hiệu khá chậm. Thay vào đó, các trader thường sử dụng sự giao cắt của đường MACD với đường Signal.

Biểu đồ Histogram chính là khoảng cách của đường MACD và Signal. Khoảng cách giữa 2 đường này càng xa thì độ dài của thanh Histogram càng dài, và ngược lại.

　　• Histogram hội tụ: Khi histogram co rút lại, nghĩa là đường MACD có khuynh hướng tiến lại gần signal. Điều này cảnh báo hướng đi của giá đang có dấu hiệu chậm lại hoặc báo hiệu sự đảo chiều.

　　• Sự phân kì: Khi Histogram giãn ra, chiều cao tăng lên (bao gồm cả chiều dương hoặc âm), đây là khi MACD đang tách xa khỏi đường Signal, báo hiệu giá tăng nhanh, mạnh theo xu hướng hiện tại.

　　• Tín hiệu mua: Khi Histogram nằm dưới đường Zero và có xu hướng hội tụ về đường Zero.

　　• Tín hiệu bán: Khi Histogram nằm trên đường Zero và có xu hướng hội tụ về đường Zero.

　　Tuy nhiên, Histogram là tín hiệu đi sau giá, nên khi xác định tín hiệu giao dịch, các trader cần kết hợp với hành động giá để xác định đỉnh/đáy để có cơ hội giao dịch tốt hơn.
　　• Tín hiệu mua: Nối 2 đáy của MACD và 2 đáy của biểu đồ giá tạo thành 2 đường hội tụ. Đặc biệt, khi kết hợp với tín hiệu đường MACD cắt Signal hướng lên.

　　• Tín hiệu bán: Khi nối 2 đỉnh của MACD và 2 đỉnh của biểu đồ giá tạo thành 2 đường phân kỳ. Đặc biệt, khi kết hợp với tín hiệu đường MACD cắt Signal hướng xuống.

　　4. Nhược điểm của tín hiệu MACD

Giống như các chỉ báo kỹ thuật khác, chỉ báo MACD cũng có thể tạo ra các tín hiệu sai. Ví dụ, một tín hiệu tăng giả sẽ là sự giao nhau trong xu hướng tăng, theo sau là sự sụt giảm đột ngột của giá trên thị trường. Một tín hiệu giảm giả sẽ là một tình huống mà có sự giao nhau trong xu hướng giảm, nhưng giá đột ngột tăng lên. Một chiến lược giao dịch khôn ngoan có thể áp dụng kết hợp nhiều chỉ báo khác nhau, sử dụng nhiều phương pháp khác nhau để lọc ra các tín hiệu giả và xác nhận các tín hiệu thực.

ทำไมคนส่วนใหญ่เลือกเทรด Forex ด้วยสกุลเงินเหล่านี้?


ค่าเงินดอลลาร์สหรัฐอเมริกา หรือตัวย่อ USD เป็นค่าเงินที่มีปริมาณการซื้อขายอันดับ 1 ของโลกในตลาดอัตราแลกเปลี่ยน เนื่องจากสภาพคล่องที่สูง มันยังเป็นค่าเงินที่มีสัดส่วนในการเป็นเงินสำรองระหว่างประเทศสูงอีกด้วย ทำให้มันเป็นค่าเงินที่ได้รับความนิยมสูง และมีปริมาณซื้อขาย นอกจากนี้ในการแปลงค่าเงิน ค่าเงิน USD ยังเป็นค่าเงินที่ใช้เป็นฐานในการซื้อขายสินค้าโภคภัณฑ์ เช่น ทองคำ น้ำมัน หรือสินค้าอื่น ๆ ค่าเงินดอลลาร์มีบทบาทมากกว่าค่าเงินอื่น ๆ ปัจจัยที่ขับเคลื่อนค่าเงินไม่ได้อยู่เพียงแค่ เศรษฐกิจของประเทศสหรัฐอเมริกา แต่ยังรวมถึง ปัจจัยการเคลื่อนไหวของเงินระหว่างประเทศ ภาวะวิกฤติเศรษฐกิจ ไม่ว่าธุรกรรมการเงินใด ๆ ของโลก ล้วนกระทบต่อการเปลี่ยนแปลงของราคาค่าเงิน ดอลลาร์สหรัฐฯ แทบทั้งสิ้น.To get more news about เทรด Forex, you can visit wikifx.com official website.

　　EURO

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　　ค่าเงินยูโร หรือ EUR เป็นค่าเงินที่ใช้ในกลุ่มประเทศยุโรป ซึ่งเป็นค่าเงินอย่างเป็นทางการของ 19 ประเทศ จากประเทศสมาชิกสหภาพยุโรป 28 ประเทศ ซึ่งเรียกตัวเองว่า ยูโรโซน ค่าเงิน EURO เป็นค่าเงินที่มีการค้าขายมากเป็นอันดับ 2 รองจากค่าเงินดอลล่าร์สหรัฐอเมริกาในตลาดอัตราแลกเปลี่ยน โดยสามารถแบ่งเป็นหน่วยย่อยจาก 1 ยูโร คือ 100 เซนต์ ค่าเงินยูโร เป็นค่าเงินที่มีการใช้สำรองมากเป็นอันดับ 2 ตามหลังค่าเงินดอลล่าร์เช่นเดียวกัน ด้วยสาเหตุที่มันเป็นผูกกับสหภาพยุโรป ทำให้ค่าเงินยูโร เป็นค่าเงินที่เกี่ยวข้องกับสภาพเศรษฐกิจหลายประเทศ ทั้ง ฝรั่งเศส เยอรมัน สเปน อิตาลี กรีซ ซึ่งแต่ละประเทศมีอุตสาหกรรรมหลายประเภทด้วยกัน

　　Japanese Yen

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　　ค่าเงินเยน หรือตัวย่อ JPY เป็นค่าเงินของประเทศญี่ปุ่น ซึ่งเป็นค่าเงินที่มีการซื้อขายมากที่สุดเป็นอันดับ 3 ของตลาดค้าเงิน และเป็นค่าเงินที่มีการใช้เป็นเงินสำรองเป็นอันดับ 3 ของค่าเงินสำรอง แนวคิดของค่าเงินนั้นผูกกับเศรษฐกิจญี่ปุ่น ดูแลนโยบายทางการเงินโดย ธนาคารกลางญี่ปุ่น ซึ่งปัจจุบันมีอัตราดอกเบี้ยเข้าใกล้ 0 และอย่างที่ทราบกันดี ว่าเศรษฐกิจญี่ปุ่นนั้น ขึ้นอยู่กับการพัฒนาอุตสาหกรรมและเทคโนโลยีในประเทศเป็นหลัก อุตสาหกรรมหลักในประเทศได้แก่ อุตสาหกรรมอีเล็กทรอนิกส์ อุตสาหกรรมยานยนต์ ซึ่งเป็นกำลังขับเคลื่อนหลักของประเทศ

　　Great Britain Pound

MHRA
　　

　　ค่าเงินปอนด์อังกฤษ หรือเรียกอีกอย่างว่า Pound Sterling มีชื่อย่อคือ GBP ซึ่งเรียกกันทั่วไปว่า Sterling ค่าเงิน 1 ปอนด์จะถูกขยายเป็น 100 Pence นั่นคือหน่วยย่อยสำหรับการเรียกค่าเงิน บางครั้งก็เรียกว่า ปอนด์ หรือชื่อเล่นที่วงการนักเทรดมักจะเรียกกันก็คือ Cable สาเหตุก็เพราะว่า การซื้อขายค่าเงิน GBPUSD นั้นจะทำการโอนถ่ายผ่าน Transatlantic Cable ส่วนคนที่ซื้อขายค่าเงิน GBPUSD ก็ถูกเรียกว่า Cable Dealers ค่าเงินปอนด์ มีประวัติยาวนาน เนื่องจากเป็นค่าเงินที่ใช้กันในกลุ่มประเทศอาณานิคมของอังกฤษ และยังใช้เป็นค่าเงินที่อ้างอิงกับค่าเงินมาตรฐานทองคำ ในช่วงก่อนสงครามโลก และได้รับความนิยมในการซื้อขายในตลาดอัตราแลกเปลี่ยน เป็นอันดับ 4

　　Australian dollar

　　ค่าเงินดอลลาร์ออสเตรเลีย หรือ AUD เป็นของประเทศออสเตรเลียและหมู่เกาะในบริเวณใกล้เคียง มีชื่อเล่นว่า Aussie ในปี 2016 ค่าเงินออสเตรเลียถือเป็นค่าเงินที่มีการซื้อขายมากที่สุดอันดับ 5 ในตลาดอัตราแลกเปลี่ยน เป็นค่าเงินที่ได้รับความนิยมในกลุ่มนักเทรดค่าเงิน เพราะว่ามันให้อัตราดอกเบี้ยที่สูง ประเทศออสเตรเลียเป็นประเทศที่มี GDP ต่อหัวสูง มีคนจนน้อย ผลิตภัณฑ์หลักจากออสเตรเลียที่นำสินค้ามาขายคือ ผลิตภัณฑ์จากการเกษตร เช่น ฟาร์มปศุสัตว์ เนื้อสัตรว์ หนังสัตว์ ข้าวสาลี เมืองแร่ เช่น ทองคำ แร่เหล็ก โดยประเทศคู่ค้าขนาดใหญ่ของ Australia คือ ญี่ปุ่น จีน สหรัฐ เกาหลีใต้ และ นิวซีแลน ด้วยเหตุนี้ โดยเฉพาะประเทศ นิวซีแลนด์ที่เป็นคู่ค้ากันจนทำให้เศรษฐกิจเป็นแบบพึ่งพิงกัน การเคลื่อนไหวของค่าเงิน 2 ค่านี้แทบจะไม่มีค่าแตกต่างกัน

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　　จะเห็นได้ว่าเบื้องหลังเศรษฐกิจของแต่ละประเทศสอดคล้องกันกับค่าเงินที่เป็นเหมือนเชื้อเพลิงขับเคลื่อนความเชื่อมั่นของประเทศ เทรดเดอร์ Forex จึงต้องสนใจภาวะเศรษฐกิจต่าง ๆ เกาะติดการเปลี่ยนแปลงอยู่เสมอ และที่พิเศษคือตอนนี้เรามีสิ่งที่เรียกว่า “ปฏิทินข่าวเศรษฐกิจ” ที่จะช่วยให้คุณคาดการณ์สิ่งที่จะเกิดขึ้น และช่วยวางแผนการเทรด Forex ของคุณ รับปฏิทินข่าวเศรษฐกิจได้เลยตอนนี้ ฟรี ๆ ที่แอป WikiFX

Finding Great Entries With Fibonacci Analysis



　　The Fibonacci retracement is an extremely well-used tool for helping traders identify levels of support and resistance. The tool comes as standard on the MT4 platform and helps traders measure a swing in price and identify key levels within that price swing which might serve as turning points if retested.To get more news about WikiFX, you can visit wikifx.com official website.

In the image above you can see that we have applied our Fibonacci retracement tool to a bearish price swing. Price sold off from point A to point B. Once price started to bounce from point B, we would apply our Fibonacci retracement tool measuring from the top of the swing to the bottom (and vice versa for a bullish move). The tool then plots on our key Fibonacci levels to monitor. As you can see price initially reversed from the 50% before travelling higher to test the 61.8% level which ultimately sends price lower.

　　This is a clear example of the basic way we can look to use Fibonacci retracement to identify trading opportunities. This can be particularly helpful in trending market helping us to enter as the market corrects, allowing us to get in as the trend then resumes.

　　Quick Tip:

　　The Fibonacci retracement tool highlights the key levels for us to monitor but we dont know which, if any, will work. Traders should look to identify confluence between key Fibonacci levels and other technical elements such as price action signals, support & resistance, trend lines or indicator readings to build a proper trade idea.
Looking at the example again you can see that we actually have confluence at the 61.8% Fibonacci level with trend line resistance coming in at that level also. This suggests that this would be the strongest level to look to trade.

　　The Fibonacci Extension

　　The Fibonacci extension is another classic analysis tool. This time, we measure the price swing but instead of looking for levels within the move which may serve as turning points if retested, we are looking at projected levels which are yet to be tested but could serve as turning points if they are.
In the example, above you can see that we measure our bearish price swing from top to bottom (vice versa for bullish move) and this time the tool plots levels below the low of the swing point. At point C you can see what happens when price meets the 127% extension, it reverses and trades higher.

　　Again as with the retracement tool, we can look to identify confluence at key Fibonacci levels to help us identify the stronger levels to look to trade. Whereas we might look to use the Fibonacci retracement tool to help us identify points of correction in a trending market, the extension tool can be useful for identifying potential trend reversal zones and can also be used as a tool for setting profit targets whereby traders look to Bank any open trades as they test the key extension levels.
　　As you can see, Fibonacci levels can offer us powerful entry points to key moves. The tools are simple to use and once you are confident in tracking the right price swings you should be able to identify good reversals. The beauty of this method of technical analysis is that it really compliments other forms such as support & resistance, indicator trading, price action trading and is a versatile way to approach the markets.

Best Forex Scalping Method


Scalping is different from casual day trading and tends to cause a lot of problems for brokers due to a high amount of orders. Some brokers dont allow scalping outright; others raise the spreads until it becomes unprofitable.To get more news about WikiFX, you can visit wikifx.com official website.

　　Most brokers do not advertise that they do not support scalpers, so you need to ask their support or scout their websites looking for favorable conditions. Heres what you need to check for:

　　· Tight spreads. Some brokers offer Premium accounts with 0 spreads for an additional fee, look out for those.

　　· Leverage. If you are confident in your scalping skills, leverage is a great way to increase your profits. Just learn about the brokers margin call protocols; sometimes they are not suitable for scalping.

　　· Trading platform. You should know your trading platform as the back of your hand. Also, it should allow for quick order management, ideally — in a single click.

　　· Response speed. Slow broker systems may lead to slippage and sudden losses of otherwise profitable positions. Always check out how responsive your brokers system is.

　　· Reliable support. Sometimes things go wrong, and you need a fast way to reach out to your broker. Having a number to call or an open chat window allows to salvage the most out of a bad situation — as long as the support is competent.

　　If you dont want to waste time looking for options, JustForex has pretty decent ECN Zero accounts. The commission from each trade is not ideal but the spreads are absurdly tight, and the response speed is stellar. They are also using MetaTrader 4 without any modifications while their support is proactive and easy-to-reach.

　　Step 2. Pick a Market

　　You want to trade on the markets that have the most liquidity — which pretty much locks you into the major currency pairs. The best of the bunch are:

　　· EUR/USD and GDP/USD. The Brexit conundrum reigns supreme over the British and European currencies. Almost every day brings more and more news that sway the market.

　　· USD/JPY. The disturbances in the American politics resonate well with this currency pair — even if Japan is going through a period of relative calmness.

　　Although, you can trade on any other currency pair too. The only problem would be the low number of situations you can take advantage of — however, this might be less stressful and ultimately beneficial for newcomers.
Step 3. Establish Your Workplace

　　With most strategies, you can take a moment to read the news, have a drink or watch a cartoon. Scalping, however, is a never-ending chain of deals that demand your constant attention.

　　If you want to be a successful scalper, you need to create an environment where you wont be distracted by the outside world. If you work from home, consider creating a separate room only for work.

　　1. Find the least-trafficked room. Otherwise, either your roommates will distract you, or you will have to intrude on their lives. If you live alone, ignore this point.

　　2. Remove all distractions nearby.While you might want to read a book on your lunch break, you should do it in a different room. Without distractions, you will be able to concentrate on your work and wont be tempted to look away from the charts. You can make a case for a fidget cube or a hand grip, but everything else has to go.

　　3. Get comfortable. You are going to spend at least 8 hours a day in this room, so get a soft chair and a table that fits your height. A large screen, an ergonomic keyboard, and a vertical mouse will be a plus.

　　4. Declutter often. Remove the unnecessary stuff from both your real and virtual workplaces. All those paper piles, dirty coffee mugs, and other knick-knacks have to go away before you begin trading. Same goes for the unused desktop icons, browser toolbars, and other distractions.

　　Finally, dont forget to take the eye-breaks every half-an-hour — just closing them for a minute or two will help.

GOLD OUTLOOK BRIGHT ONCE RANGE-TRADING ENDS

　　The price of gold (XAU/USD is continuing to trade broadly sideways, as it has since early this month, but both fundamentals and technical analysis suggest that a move to the upside is more likely than a fall once it breaks out from its recent narrow trading range.To get more news about WikiFX, you can visit wikifx.com official website.

　　Looking at the fundamentals first, golds sideways trading is surprising given that the US Dollar basket has been falling since the start of April, reaching its lowest level since March 18. While the risk persists of a panic about inflation as the US economy recovers from the slump caused by the Covid-19 pandemic, yields on US Treasuries have eased from their highs and the Federal Reserve has made clear that it is in no hurry to tighten US monetary policy.

　　That Dollar weakness might have been expected to lift the gold price, while lower yields have reduced the attraction of US Government notes and bonds compared with zero-yielding gold. A catch-up advance is therefore looking overdue.
　　If Treasury yields continue to edge off their highs, and the Dollar continues to weaken, the gold price can be expected to strengthen. Moreover, the gold price chart is looking positive.

As the hourly chart above shows, gold has been trading within the bounds of a symmetrical triangle pattern. Given the metal‘s previous advance, that can be seen as a continuation pattern, with gold’s earlier strength likely to resume once trendline resistance is broken. Moreover, it is already testing that resistance and thats a sign that a break higher could now be close.

　　Note too that the price is not yet overbought, as shown by the 14-day relative strength index in the lower panel above, which is still below the key 70 level. However, there is one note of caution: IG client sentiment data are sending out a contrarian bearish signal at the time of writing.