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LimeFX Broker Review: Unveiling the Pros, Cons for Day Traders
Traders registering with LimeFX have the choice of three account types- The Micro, Standard and the Zero Account. While the trading conditions like the number of base currencies, contract size, and the spread are a factor of the account type, the CFD broker does not charge commissions. The only costs are the spread, which starts […]
XAUUSD Chart Gold Spot US Dollar Price
The standard contract size for XAUUSD is 1.0 lots, representing 100 one-ounce units of gold, but the minimum transaction size is 0.01 lots or one ounce of gold. The MT4, MT5, and cTrader trading platforms all feature XAUUSD, as it is one of the most liquid trading instruments. It is also popular among Islamic Forex […]
How to choose which forex pair to trade Trading Knowledge
Interest rates in the U.S. and Canada will affect the price of this pair, reflecting the effects on the individual currencies. In addition, as oil is a major economic driver for Canada, its price will affect the price of Canadian currency. Trading in the GBP/USD currency pair represented 9.5% of the forex market share, a […]
Trend Trading Definition, Principles, Strategies, Pros and Cons
Still, it does highlight the timeless aspect of this trading strategy and its potential to provide lucrative returns. Though less well-known today, he was one of the ironfx review all-time greatest traders. One of Livermore’s trading career’s most impressive aspects was that he only ever traded his own money. Markets move up and down, trends […]