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Xtreamforex

Discussion in 'Platform Trading' started by xtreamforex.com, Nov 22, 2018.

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  1. xtreamforex.com

    xtreamforex.com Member

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    Forex Indicators

    Forex Indicators also known as Expert Advisors (EAs) are tools used by traders on the trading platform to help them make better trading decisions, by using certain methods and strategies which predict the future movements of prices. Most Forex platforms allow the use of EAs although in some few cases they may not be allowed, so it is always preferable to check.

    These tools can be found on the platform and traders can choose which are the best to use for each trade. Some traders prefer one tool over the other, some like combining several methods. There are many Forex Indicators and EAs, here are two of the most popular ones;

    The Profit taking tool
    As the name suggests it advices the trader when is the right time to take the profits and close the trade. While many traders can go into good trades deciding when is the right to pull out is a little more tricky. Pulling out too soon may prevent you from making further profits and pulling out too late may cost you your profits. In this case the three day relative index can also be used to help the trader determine what the likely odds are. Another method is the known Bollinger Bands, which adds and subtracts the standard deviation of price data changes over a period from the average closing price over that same time frame to create trading ‘bands’.
    Another method is the trailing stop, which gives the potential of the trade to let profits run without staying open too late and losing money.

    Trend Confirmation Tool
    The trend confirmation tool is usually used as a backup for the trend following tool. It helps reassure whether the current trend following indicator is correct or not. It gives its own results and if both Trend following and trend confirmation tool results match then the trader can be reassured.

    Overall Forex Indicators, Expert Advisors and trade assisting tools are many, and they can each be used in many different ways, through many different method, for many different reasons, which is why it is advised to further explore Forex indicators, they can and will make your trades easier and more successful eventually helping you become a better trader.
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  2. xtreamforex.com

    xtreamforex.com Member

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    What are Forex Signals

    Forex traders are constantly on the lookout for ways to help them trade better, make better predictions and ultimately make more profits. So it is important for traders to look at all the options they have before deciding what is best for them.

    Forex Signals provide raw data and insights about the market so that traders can make better informed trading decisions with much less risk.

    Unlike EAs, Forex Signals are sent on a regular basis through alerts like SMS messages, email alerts or pop up messages. Some Forex brokers offer free signals on their platforms, or through their services giving traders constant updates, but in the case that they do not there are many separate Forex Signal services.

    If traders want to use a Forex Signal service from a third party it is offered at a fee, usually an average of 200 dollars a month. When you pay for the service you will have more options regarding the method you would like to receive the signals, and they will be more regularly updated.

    It is important to note that no matter how good or reputable the service is nothing in Forex is 100% guaranteed, and even these predictions which are based on technical and fundamental analysis can prove to be wrong if unexpected market changes occur, so even in the case of using Forex Signals traders still have to use their own knowledge and trust their own instincts when making their trading decisions.
  3. xtreamforex.com

    xtreamforex.com Member

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    What is a Bull Market?

    Markets are described as either Bull markets or Bear markets depending on the general direction of their currencies.

    The term bull market derives from the way a bull attacks its enemies by swaying its thorns upwards, therefore it describes a market that is heading in an upwards direction.

    What stands out about a bull market is that it is generally moving upwards, and has been moving upwards for a long period of time. Even if it suffers minor losses its general direction is always positive.

    This doesn’t apply to just the currency, but the whole environment surrounding the currency like the economic environment, employment in the country, and number of investments.

    A bull market attracts many investors as it promises almost guaranteed high profits, and because it keeps getting investors, it continues to perform well and thrive.

    It is hard for investors to suddenly lose interest in a bull market, unless a general rumour is spread about the market, making all investors and traders believe that this market is going to decline, forcing them to withdraw their investments, and invest against the market, leading to a big decline and moving the market from bullish to bearish.

    Of course there are many ways for a market to be affected, and that can be through big news releases, businesses between countries and more, if the market declines on its own, it will also push investors away which will further in its decline.
  4. xtreamforex.com

    xtreamforex.com Member

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    Advantages and Requirements of the MT4 Forex Trading Platform Advantages of Best ECN Forex Broker.png

    Mt4 or Meta Trader 4 is one of the most popular and used Forex Trading Platform. It is offered by almost every Forex company and preferred by many forex traders. The platform has established itself as a prominent one by catering to all the basic needs of traders and not just for trading.

    The most likeable feature about Mt4 is its user friendliness, which allows even the newest of traders to adjust to trading smoothly without the complications of learning how to use a new software. It offers a simple and understandable interface, which is highly customisable, allowing each trader to decide how their platform will look like, and be most comfortable to make their trading easier.

    Additionally Mt4 offers technical and fundamental analysis, and Forex indicators which are an important and desired help by both newcomers and experienced traders. Expert Advisors are also an important and big advantage, not only does the platform come with its own EAs but it allows traders to write and design their own EAs and upload them to the platform, giving the space for anyone who wants to expand their skills to do so.

    The key features of Mt4 are the Market Watch Window, Navigator Window, Multiple Order Types, Variety of pre-installed indicators, Analysis tools and multiple chart set ups, Automated Trading Order Execution Capabilities, Hedging and Scalping friendly, and Expert Advisors.

    The Mt4 Platform can be downloaded on all devices (including Apple devices) like phones and tablets.
  5. xtreamforex.com

    xtreamforex.com Member

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    XtreamForex Thailand Demo Trading Contest

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    XtreamForex demo contest provide traders a chance to get real money without investing your own funds! Before you start real trading take your first step in this exciting opportunity, make little real cash and test your skills. Join and take a dive into the exciting world of Forex trading competition with XtreamForex! Joining Link: https://xtreamforex.com/thailanddemocontest.html

    Contest’s Time:

    · Registration Period: 19th August 2019 to 6th September 2019.
    · Trading Period: 9th September 2019 to 11th October 2019

    Winner Announcement: 21st October 2019
    Offer is Applicable:
    Only for Traders of Thailand, Malaysia and Indonesia
    How to Apply: The Client must register for the competition via the competition dedicated page in order to participate.
    To Win: The client who will generate maximum profit at the end of the contest will win.
    Winning Prize
    ·1st Prize $1000
    ·2nd Prize $750
    ·3rd Prize $500
  6. xtreamforex.com

    xtreamforex.com Member

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    XtreamForex Philippines Demo Trading Contest

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    Join and take a dive into the exciting world of Forex trading competition with XtreamForex! Here we offer forex trading contest for demo accounts once in a year. You can join this contest for free. Forex Demo Trading competitions are the best way for beginners to gain experience in Forex trading and to try out and improve your trading strategies in a competitive environment! Joining Link: https://xtreamforex.com/PhilippinesDemoContest.html

    Contest’s Time:

    · Registration Period: 19th August 2019 to 6th September 2019.
    · Trading Period: 9th September 2019 to 11th October 2019
    Winner Announcement: 21st October 2019
    Offer is Applicable:
    Only for Traders of Philippines
    How to Apply: The Client must register for the competition via the competition dedicated page in order to participate.
    To Win: The client who will generate maximum profit at the end of the contest will win.
    Winning Prize
    ·1st Prize $1000
    ·2nd Prize $750
    ·3rd Prize $500
  7. xtreamforex.com

    xtreamforex.com Member

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    XtreamForex is the Fastest Growing ECN Forex broker in the Financial Market

    XtreamForex is a Brand Name Of Top Trading Firm Grand Investing LTD. Grand Investing LTD was incorporated in October 2007 and is headquartered in the centre of Majuro, Marshall Islands. The Company is a member of Grand Investing Group, one of the Biggest Trading Companies in southeast Europe. Grand Investing Group has twenty years of experience in investment and commercial banking, as well as real estate investments.

    In January 2016, XtreamForex - (a trade name of Grand Investing LTD) - was formed in order to provide retail investors access to the currency, commodities, energies and equities markets.

    Clients of XtreamForex are offered a choice of 5 account types, in order to suit the needs of traders of all levels and preferences. All accounts, except the ECN and ECN Pro, are commission-free and offer variable spreads.

    Swap-free service is available to clients of Islamic belief on Micro & Standard account types. Scalping, hedging as well as automated strategies (EAs) are allowed on the Xtream account.

    XtreamForex is a member of the Investors Compensation Fund and that client funds are held in segregated bank accounts as per our regulations requirements. What is more, the broker provides negative balance protection, ensuring that its clients do not lose more than they have invested.

    Trading Conditions


    Minimum Initial Deposit

    XtreamForex requires a minimum investment of $5 from traders to open an account, which is a very low minimum deposit requirement.

    Maximum Leverage

    The maximum leverage rates offered by this broker are high, reaching 1:1000.

    Forex Trading Platform

    XtreamForex offers its customers the famous MetaTrader 4 (MT4), desktop and mobile versions available (for Android, iPad & iPhone).

    Customer Support


    XtreamForex Customer support is available 24/5 during market opening times. We believe to build long-term relationships with our clients and all the people who work with us.

    The MetaTrader 4 terminal is a perfectly equipped platform that allows trading in Forex, CFDs and related products. It provides the necessary tools and resources to analyze price dynamics on financial markets, conduct transactions, create and use Expert Advisors (EAs). EAs are advanced automated trading systems written in MQL4 that are able to analyze market conditions automatically, open and close positions and place, modify or delete orders.

    Forex Promotions & Bonuses

    Join any one of our Forex Promotions from XtreamForex and get the most out of your trading. Some of our promotions will support your account in the case of drawdown and some of them support you wile opening trades. All of XtreamForex promotions and bonuses increase your trading volume and the only thing you need to do is to trade on regular basis and enjoy profit.

    At the time of writing of this review, XtreamForex offers its traders the following promotions:

    - 100% Credit Bonus

    This bonus applies to clients with minimum deposit $100 and cannot be withdrawn from the trading account.

    - 30% Tradable Bonus

    This bonus applies to clients with minimum deposit $500 and can be withdrawn from the trading account.

    - Everyday Payout

    As a IB you can earn up to $25/Lot commissions for each traded lot by your referred clients and this time you can withdraw your daily earned commission at the end of the day. Every 24 hour you will be able to cash out your earned commission into your IB account.

    - Annual IB Contest

    XtreamForex starts an annual competition for all our partners. Become a XtreamForex Partner and grab the chance to achieve your dreams!

    Methods of Payment

    XtreamForex offers a large number of payments methods to accommodate all our international clients through their account management portal, MyXtream: Bank wire transfer, credit/debit cards and e-wallets Neteller, Skrill, China UnionPay and Local Deposits and withdrawals.

    XtreamForex charges no fees on deposits and withdrawals.

    Conclusion

    XtreamForex is a true ECN Forex Broker that offers reasonable conditions for trading with a variety of products through the robust MT4. Start Online Trading with XtreamForex and Experience Reliable Foreign Exchange Trading with Best Forex Brokers and get an edge with our exceptional Forex Trading conditions.
  8. xtreamforex.com

    xtreamforex.com Member

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    Xtreamforex Services

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    XtreamForex is committed to provide superior Forex trading services for all clients, irrespective of the size of their account balances. Our whole team is committed to offering best industry leading products and services to all clients.

    · ECN Forex broker: ECN broker is a forex financial expert. It is a non-dealing desk brokers. The ECN provides an electronic system for buyers and sellers to come together for the purpose of executing trades. It can best be described as a bridge linking smaller market participants with its liquidity providers through ECN FOREX BROKER.

    · Top Forex Trading Platform: Forex Trading Platform have a huge impact on Forex Trading. Forex Trading platforms are the most widely adopted trading association in the entire financial market. It has an incredible amount of exposure among retail traders with a reach and visibility that exceed any other financial product.

    · Forex Market Analysis: Forex Market analysis is used by retail forex traders to determine buy or sell items on currency pairs. Forex Market analysis many types like as Fundamental analysis, Technical analysis, weekend analysis etc.

    · Segregated Client Accounts:When a Forex broker are use segregated accounts, it means there is a dedicated account where client funds are kept separate from the broker’s operating funds. In Forex industry, a number of brokers choose Segregated account for their customers.

    · Customer support: XtreamForex are available for customer support 24/5 during marketing times. If you have any query/question please feel free to ask us.


    For more detail visit here: https://xtreamforex.com
  9. xtreamforex.com

    xtreamforex.com Member

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    Risk Management

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    When trading Forex there are many factors that can affect the trades very badly, be it greed or fear. Some people can get too intoxicated with the thrill of making a profit that they lose a streak of trades that sets them back, or they can invest too much money in each trade and get wiped out. All these factors need to be managed, and that is where risk management comes in. Risk management not only reduces risk for trades but makes sure that traders have a plan to recover their losses.

    Reward to Risk Ration

    With this method of risk management, traders have to consider the possible reward with the successful completion of a transaction, when they are deciding on which trade to make. This includes considering the spread as it affects the price a lot. The possible reward from the trade has to be big enough to cover the fees you will be paying the broker through the spread, so the trader puts a stop to execute a sell order automatically if the trade moves against him, this protects the capital and makes sure losses won’t more than the fee.

    So if a spread costs 2 pips and a 50 pip trading loss is acceptable, then the reward expected should be 152 pips so you get a 3:1 reward risk ration. This means a downside of 50 pips with an upside of 152 pips can cover the spread, and give you a 150:50 reward risk ration.

    Capital protection & Risk Management

    Using this method a trader makes sure each trade uses no more than 2% of the capital. This makes sure that even with a series of bad trade the balance won’t go down to 0 and therefore the trader does not go broke. With a constant 2% investment of the capital, it would take an average of 50 losses in order to lose all the funds. This not only smart but also a highly encouraging making sure you don’t end up having to fund all the time and waste your money and lose your courage.

    XtreamForex Risk Management Tips:

    · Try Demo/Practice account.

    · Daily watch the news.

    · Stay updated with current and upcoming Economic events.

    · Open trade with small Lot size.

    · Correlations – increasing risk unknowingly.

    · Always set your stop loss and take profit.

    For more detail visit here: https://xtreamforex.com
  10. xtreamforex.com

    xtreamforex.com Member

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    Currency and Commodity Trading Correlation

    Online trading is the biggest industry of today’s world. Forex trading alone moves trillions of dollars daily affecting whole economies. To trade Forex traders open an account with a Forex company and trade on currency pairs, but all Forex companies don’t only offer currencies for trading, almost all companies also offer commodities.

    Commodities have been trading in one form or another since the beginning of civilization. Commodities are pretty much anything which can be delivered from point A to point B, and exists on an exchange.

    Commodities are bought with currencies in the physical world, but through online trading they are treated the same as currencies, with bets being placed on their movements through Forex, Binary Options and stock exchange futures.

    What some people may not pay attention to is the heavy affect each has on the other. Currencies are very heavily tied with commodities and the other way around. The Canadian dollar for example is directly correlated to oil prices due to exporting oil, so is the Japanese yen because Japan imports oil.

    The Australian dollar and New Zealand dollar not only affect each other, but they are both correlated to gold and oil prices.

    Unexpected changes in the ties between currencies and commodities can have a huge impact on traders who trade based on these relations.

    For online traders there isn’t a huge difference between commodities and currencies, they all represent a virtual product around which trades take place.

    If you are a beginner in Forex and don’t know how to trade like a pro then Join cutting-edge Copy Trading Programme with Best Forex Broker and match up with a suitable trader. Let them trade while you watch your potential profits grow.

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