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How to Use the Forex Factory Calendar: The Definitive Guide

How to Use the Forex Factory Calendar: The Definitive Guide submitted by dailypriceaction to ForexPriceAction [link] [comments]

How to see past red flag news events?

Hi! This has been a great community so far. I wanted to touch on this subject for purposes of discussing and analysing what might be one of the most important pieces of the puzzle to trading. The news events. Both the expected and, most importantly, the unexpected events that can cause a tremendous surprise.
At least for myself I have noticed the extreme importance of events for the short term decision making in trading. And there is no other market like the spot foreign currencies that have the most of these types.
But going through this journey, and trying to progress, it also came with challenges. What I believe it would be a great tool is if I could find past relevant news related to the forex market and to search for them by the date they came out. As timing is precisely the most important variable.
The Forex Factory hub offers a great solution to watch news events in the moment they happen. And I have come to believe they are for sure a great resource to use. But as I started to expand in thinking I saw myself in need of a resource that could include tweets, articles from external links, and everything that was an unexpected event to a particular day and time in the past.
I decided to come here and ask this community because there isn't such a thing that I know about. To this day, I still can't seem to find it. But because I recognize this would help a lot of people I decided to ask you if you know about any resource that sounds similar to what I described.
All the best,─Matt
submitted by mmattman to Forex [link] [comments]

[Not my post] The Structure of Forex Brokers

Originally posted by Darkstar at Forex Factory.
Disclaimer: I did not write this. I found this post on ForexFactory written by a user called DarkStar, which I believe a lot of redditors will benefit from reading.
________________________________________________________________________________________________________
There has been much discussion of late regarding borker spreads and liquidity. Many assumptions are being made about why spreads are widened during news time that are built on an incomplete knowledge of the architecture of the forex market in general. The purpose of this article is to dissect the market and hopefully shed some light on the situation so that a more rational and productive discussion can be undertaken by the Forex Factory members.
We will begin with an explanation of the purpose of the Forex market and how it is utilized by its primary participants, expand into the structure and operation of the market, and conclude with the implications of this information for speculators. With that having been said, let us begin.
Unlike the various bond and equity markets, the Forex market is not generally utilized as an investment medium. While speculation has a critical role in its proper function, the lion’s share of Forex transactions are done as a function of international business.
The guy who buys a shiny new Eclipse more then likely will pay for it with US Dollars. Unfortunately Mitsubishi’s factory workers in Japan need to get their paychecks denominated in Yen, so at some point a conversion needs to be made. When one considers that companies like Exxon, Boeing, Sony, Dell, Honda, and thousands of other international businesses move nearly every dollar, real, yen, rubble, pound, and euro they make in a foreign country through the Forex market, it isn’t hard to understand how insignificant the speculative presence is; even in a $2tril per day market.
By and large, businesses don’t much care about the intricacies of exchange rates, they just want to make and sell their products. As a central repository of a company’s money, it was only natural that the banks would be the facilitators of these transactions. In the old days it was easy enough for a bank to call a foreign bank (or a foreign branch of ones own bank) and swap the stockpiles of currency each had accumulated from their many customers.
Just as any business would, the banks bought the foreign currency at one rate and marked it up before selling it to the customer. With that the foreign exchange spread was born. This was (and still is) a reasonable cost of doing business. Mitsubishi can pay its customers and the banks make a nice little profit for the hassle and risks associated with moving around the currency.
As a byproduct of transacting all this business, bank traders developed the ability to speculate on the future of currency rates. Utilizing a better understanding of the market, a bank could quote a business a spread on the current rate but hold off hedging until a better one came along. This process allowed the banks to expand their net income dramatically. The unfortunate consequence was that liquidity was redistributed in a way that made certain transactions impossible to complete.
It was for this reason and this reason alone that the market was eventually opened up to non-bank participants. The banks wanted more orders in the market so that a) they could profit from the less experienced participants, and b) the less experienced participants could provide a better liquidity distribution for execution of international business hedge orders. Initially only megacap hedge funds (such as Soros’s and others) were permitted, but it has since grown to include the retail brokerages and ECNs.

Market Structure:
Now that we have established why the market exists, let’s take a look at how the transactions are facilitated:
The top tier of the Forex market is transacted on what is collectively known as the Interbank. Contrary to popular belief the Interbank is not an exchange; it is a collection of communication agreements between the world’s largest money center banks.
To understand the structure of the Interbank market, it may be easier to grasp by way of analogy. Consider that in an office (or maybe even someone’s home) there are multiple computers connected via a network cable. Each computer operates independently of the others until it needs a resource that another computer possesses. At that point it will contact the other computer and request access to the necessary resource. If the computer is working properly and its owner has given the requestor authorization to do so, the resource can be accessed and the initiating computers request can be fulfilled. By substituting computers for banks and resources for currency, you can easily grasp the relationships that exist on the Interbank.
Anyone who has ever tried to find resources on a computer network without a server can appreciate how difficult it can be to keep track of who has what resources. The same issue exists on the Interbank market with regard to prices and currency inventory. A bank in Singapore may only rarely transact business with a company that needs to exchange some Brazilian Real and it can be very difficult to establish what a proper exchange rate should be. It is for this purpose that EBS and Reuters (hereafter EBS) established their services.
Layered on top (in a manner of speaking) of the Interbank communication links, the EBS service enables banks to see how much and at what prices all the Interbank members are willing to transact. Pains should be taken to express that EBS is not a market or a market maker; it is an application used to see bids and offers from the various banks.
The second tier of the market exists essential within each bank. By calling your local Bank of America branch you can exchange any foreign currency you would like. More then likely they will just move some excess currency from one branch to another. Since this is a micro-exchange with a single counterparty, you are basically at their mercy as to what exchange rate they will quote you. Your choice is to accept their offer or shop a different bank. Everyone who trades the forex market should visit their bank at least once to get a few quotes. It would be very enlightening to see how lucrative these transactions really are.
Branching off of this second tier is the third tier retail market. When brokers like Oanda, Forex.com, FXCM, etc. desire to establish a retail operation the first thing they need is a liquidity provider. Nine in ten of these brokers will sign an agreement with just one bank. This bank will agree to provide liquidity if and only if they can hedge it on EBS inclusive of their desired spread. Because the volume will be significantly higher a single bank patron will transact, the spreads will be much more competitive. By no means should it be expected these tier 3 providers will be quoted precisely what exists on the Interbank. Remember the bank is in the business of collecting spreads and no agreement is going to suspend that priority.
Retail forex is almost akin to running a casino. The majority of its participants have zero understanding how to trade effectively and as a result are consistent losers. The spread system combined with a standard probability distribution of returns gives the broker a built in house advantage of a few percentage points. As a result, they have all built internal order matching systems that play one loser off against a winner and collect the spread. On the occasions when disequilibrium exists within the internal order book, the broker hedges any exposure with their tier 2 liquidity provider.
As bad as this may sound, there are some significant advantages for speculators that deal with them. Because it is an internal order book, many features can be provided which are otherwise unavailable through other means. Non-standard contract sizes, high leverage on tiny account balances, and the ability to transact in a commission free environment are just a few of them…
An ECN operates similar to a Tier 2 bank, but still exists on the third tier. An ECN will generally establish agreements with several tier 2 banks for liquidity. However instead of matching orders internally, it will just pass through the quotes from the banks, as is, to be traded on. It’s sort of an EBS for little guys. There are many advantages to the model, but it is still not the Interbank. The banks are going to make their spread or their not go to waste their time. Depending on the bank this will take the form of price shading or widened spreads depending on market conditions. The ECN, for its trouble, collects a commission on each transaction.
Aside from the commission factor, there are some other disadvantages a speculator should consider before making the leap to an ECN. Most offer much lower leverage and only allow full lot transactions. During certain market conditions, the banks may also pull their liquidity leaving traders without an opportunity to enter or exit positions at their desired price.

Trade Mechanics:
It is convenient to believe that in a $2tril per day market there is always enough liquidity to do what needs to be done. Unfortunately belief does not negate the reality that for every buyer there MUST be a seller or no transaction can occur. When an order is too large to transact at the current price, the price moves to the point where open interest is abundant enough to cover it. Every time you see price move a single pip, it means that an order was executed that consumed (or otherwise removed) the open interest at the current price. There is no other way that prices can move.
As we covered earlier, each bank lists on EBS how much and at what price they are willing to transact a currency. It is important to note that no Interbank participant is under any obligation to make a transaction if they do not feel it is in their best interest. There are no “market makers” on the Interbank; only speculators and hedgers.
Looking at an ECN platform or Level II data on the stock market, one can get a feel for what the orders on EBS look like. The following is a sample representation:
You’ll notice that there is open interest (Level II Vol figures) of various sizes at different price points. Each one of those units represents existing limit orders and in this example, each unit is $1mil in currency.
Using this information, if a market sell order was placed for 38.4mil, the spread would instantly widen from 2.5 pips to 4.5 pips because there would no longer be any orders between 1.56300 and 1.56345. No broker, market maker, bank, or thief in the night widened the spread; it was the natural byproduct of the order that was placed. If no additional orders entered the market, the spread would remain this large forever. Fortunately, someone somewhere will deem a price point between those 2 figures an appropriate opportunity to do something and place an order. That order will either consume more interest or add to it, depending whether it is a market or limit order respectively.
What would have happened if someone placed a market sell order for 2mil just 1 millisecond after that 38.4 mil order hit? They would have been filled at 1.5630 Why were they “slipped”? Because there was no one to take the other side of the transaction at 1.56320 any longer. Again, nobody was out screwing the trader; it was the natural byproduct of the order flow.
A more interesting question is, what would happen if all the listed orders where suddenly canceled? The spread would widen to a point at which there were existing bids and offers. That may be 5,7,9, or even 100 pips; it is going to widen to whatever the difference between a bid and an offer are. Notice that nobody came in and “set” the spread, they just refused to transact at anything between it.
Nothing can be done to force orders into existence that don’t exist. Regardless what market is being examined or what broker is facilitating transactions, it is impossible to avoid spreads and slippage. They are a fact of life in the realm of trading.

Implications for speculators:
Trading has been characterized as a zero sum game, and rightly so. If trader A sells a security to trader B and the price goes up, trader A lost money that they otherwise could have made. If it goes down, Trader A made money from trader B’s mistake. Even in a huge market like the Forex, each transaction must have a buyer and a seller to make a trade and one of them is going to lose. In the general realm of trading, this is materially irrelevant to each participant. But there are certain situations where it becomes of significant importance. One of those situations is a news event.
Much has been made of late about how it is immoral, illegal, or downright evil for a broker, bank, or other liquidity provider to withdraw their order (increasing the spread) and slip orders (as though it was a conscious decision on their part to do so) more then normal during these events. These things occur for very specific reasons which have nothing to do with screwing anyone. Let us examine why:
Leading up to an economic report for example, certain traders will enter into positions expecting the news to go a certain way. As the event becomes immanent, the banks on the Interbank will remove their speculative orders for fear of taking unnecessary losses. Technical traders will pull their orders as well since it is common practice for them to avoid the news. Hedge funds and other macro traders are either already positioned or waiting until after the news hits to make decisions dependent on the result.
Knowing what we now know, where is the liquidity necessary to maintain a tight spread coming from?
Moving down the food chain to Tier 2; a bank will only provide liquidity to an ECN or retail broker if they can instantly hedge (plus their requisite spread) the positions on Interbank. If the Interbank spreads are widening due to lower liquidity, the bank is going to have to widen the spreads on the downstream players as well.
At tier 3 the ECN’s are simply passing the banks offers on, so spreads widen up to their customers. The retailers that guarantee spreads of 2 to 5 pips have just opened a gaping hole in their risk profile since they can no longer hedge their net exposure (ever wonder why they always seem to shut down or requote until its over?). The variable spread retailers in turn open up their spreads to match what is happening at the bank or they run into the same problems fixed spreads broker are dealing with.
Now think about this situation for a second. What is going to happen when a number misses expectations? How many traders going into the event with positions chose wrong and need to get out ASAP? How many hedge funds are going to instantly drop their macro orders? How many retail traders’ straddle orders just executed? How many of them were waiting to hear a miss and executed market orders?
With the technical traders on the sidelines, who is going to be stupid enough to take the other side of all these orders?
The answer is no one. Between 1 and 5 seconds after the news hits it is a purely a 1 way market. That big long pin bar that occurs is a grand total of 2 prices; the one before the news hit and the one after. The 10, 20, or 30 pips between them is called a gap.
Is it any wonder that slippage is in evidence at this time?

Conclusions:
Each tier of the Forex market has its own inherent advantages and disadvantages. Depending on your priorities you have to make a choice between what restrictions you can live with and those you cant. Unfortunately, you can’t always get what you want.
By focusing on slippage and spreads, which are the natural byproduct of order flow, one is not only pursuing a futile ideal, they are passing up an enormous opportunity to capitalize on true inefficiencies. News events are one of the few times where a large number of players are positioned inappropriately and it is fairly easy to profit from their foolishness. If a trader truly wants to make the leap to the next level of profitability they should be spending their time figuring out how identify these positions and trading with the goal of capturing the price movement they inevitably will cause.
Nobody is going to make the argument that a broker is a trader’s best friend, but they still provide a valuable service and should be compensated for their efforts. By accepting a broker for what it is and learning how to work within the limitations of the relationship, traders have access to a world of opportunity that they otherwise could never dream of capturing. Let us all remember that simple truth.
submitted by Cross_Game to Forex [link] [comments]

The Ultimate Trading Monitor Setup

The Ultimate Trading Monitor Setup
Did you know that the monitor setup is an important factor when it comes to trading?
In fact, the setup that you use may have a huge influence on the way that you analyze the markets and the way you trade the markets.
And you know what, this is as relevant to swing trading, as it is to day trading.
You should consider your monitor setup regardless if you make long term trades or short term trades.
If you don’t know how much screens you should buy, where should you put those screens, or even the best size to choose, just stick with this article.
Let’s check all the details, one by one, and decide what’s the best way to build your trading monitor setup.
Let’s start by talking about the facebook traders…
We often see those facebook traders and internet traders in pictures or videos with a huge number of monitors.
They put everything they have on the desk.
Their desktop and 4, 6 or 8 screens.
Some hang on the wall, some on the window, some on the doors…
Then they also join the big TV that they have on the living room on one side, and the bedroom TV on the other side.
They borrow their wife’s laptop and all the old dead laptops that they find at home.
They steal their son and daughter tablets.
Everything that has a screen is valid for the picture.
And if you add two smartphones, then you have the complete set!
When you look at it, it seems like a Christmas tree.
One of the screens has a Bloomberg or CNBC TV going on so that they become aware of all the news and analysis from the experts.
At the same time, they also have one screen with the forex factory calendar, just in case the TV transmissions don’t cover all the news.
Well, I guess you saw a lot of those around over the internet, right?
Do you really need one of those setups to be a profitable trader?
You know what, for a long time, when I was a beginner trader, I wish I could build an office like that.
A big wall, full of six, eight, ten screens!
But then I started to investigate the subject.
Reading everything that I could.
Not just about how to build a trading monitor setup, you have a huge amount of articles about that over the internet.
But also about science and psychology, and what they say about one of the most important things when it becomes to trading, your focus!
There’s a book from Daniel Goleman, “Focus”.
I recommend that you read this book, although there are several other good books about the focus on trading.
Nowadays the experts talk about the focus that each person can deliver to a specific task.
The efficiency of our focus is very small, did you know about that?
After 30-40 minutes, doing a task, or a mental exercise, our focus starts to ramble and increases with time.
When we begin a task we don’t have a big initial focus.
But as we continue, our focus starts to rise, until it makes a peak of productivity.
This usually takes some minutes to occur, but it depends from people to people.
At this point, we forget everything that is happening around us and are completely focused on our task.
This is an expensive activity when we think in terms of energy.
Our brain heats up, it has a peak of energy, and then that energy comes down again.
What does this mean?
This means that if you have four, six, eight screens in front of you, that will not help you, that will just disturb your attention.
https://www.livingfromtrading.com/
https://preview.redd.it/mhr68d42djh31.png?width=800&format=png&auto=webp&s=208bf575768b26f68deda0c9eebc60b33f664971
https://preview.redd.it/epyorx12djh31.jpg?width=640&format=pjpg&auto=webp&s=d02529a8f6a6832f6192ccb3444bb515c67c89a2
submitted by snowcartel0 to marketingservice [link] [comments]

Forex Factory News EA Review

Forex Factory News EA Review
Forex Factory News EA is designed for news trading. The news are downloaded from the Forex Factory, Investing.com, myfxbook.com websites.

https://preview.redd.it/q3hejuci5rw21.jpg?width=300&format=pjpg&auto=webp&s=0a5ed5e55bbaf4c75c03aa9f968e694704f6ae5f
submitted by iforexrobot to u/iforexrobot [link] [comments]

GBP/USD reaction to UK interest rate rise

Hi
According to the Forex Factory calendar, the rate rise should have been positive for the GBP. However, it immediately fell against the USD.
Could someone explain why that would have happened?
https://imgur.com/O8AMZfW
submitted by MrFanciful to Forex [link] [comments]

News confusion 4:30 EST news release GBP/USD

I assumed that since the actual was less than the forecast for the Average Earning Index it was bad and the currency would go down, Vice versa for the second new release. Overall it didn’t look good for the that pair, but it shot up rather quickly upon news release and I mean almost instantly.
Average Earning Index 3m/y Forecast: 2.7% Actual: 2.6%
Claimant Count Change Forecast: 13.3k Actual: 31.2k
I’m still learning forex and I just stumbled on the Forex Factory news site, if anyone could explain where I went wrong? Criticism helps just don’t be an ass about it
submitted by kemoy313 to Forex [link] [comments]

"Why you suck at trading" - Forum Thread

Just came across a thread on the Forex Factory forums titled "Why you suck at trading". It is a very recent thread, having only been started in the last 2 days. I have no association with the OP and cannot vouch for his authenticity. The presentation from OP can be somewhat crass, but it certainly contains a lot of useful information for the uninformed.
Commit some time to having a read through, for interests sake if nothing else.
http://www.forexfactory.com/showthread.php?t=369985
submitted by grebfar to investing [link] [comments]

FxAlert - a simple news event reminder app

Hey all, I've meant to keep an eye on the news for a while now but always find myself engrossed in other activities and constantly forgetting about tracking what's coming up next.
So I spent a day or two knocking together this app for myself, and thought I'd share for anyone else who's interested. It just shows how long til the next major news event, and also displays a very obvious popup 5 minutes before every important event that's about to pop.
Events schedule is read off the Forex Factory's calendar.
Download here: http://www.itsquasar.com/FxAlert.exe
Open source Github repo: https://github.com/Quas94/FxAlert
Planned features:
submitted by Quas94 to Forex [link] [comments]

Binary Options Trading: What You Need To Know

Binary option trading is a relatively new development in the retail trading world. Five years ago, no one had even heard of it.
Since 2012 however, the popularity of binary options surged as a result of aggressive marketing by binary option brokers, and the promotion of binary trading software by the trading "gurus".
Right now, interest on the topic continues to grow at record levels. Given its current popularity, binary options are likely to be the first "asset" that beginners start trading with.
However, just because something is new and popular... doesn't mean it's worth doing. (Who remembers the fuss over bitcoin trading?)
Opportunities come and go all the time in the retail trading space... and it's important for us to tell the difference between sustainable business models and short-lived fads.
So let's take a moment to examine binary options, and see if it's something we should be paying attention to.
But before we do that, let's first take a quick look at traditional (i.e. vanilla) option contracts.
VANILLA FOREX OPTIONS
Traditional option contracts were initially introduced for people to hedge against future uncertainty.
For example, a German company selling cars in the United States would worry about high EUUSD exchange rates in the future.
Why?
Because then they would be getting revenue in a weaker currency (USD) while having to pay expenses in a stronger currency (Euro) in their home country. This results in a significantly lower net profit, or even worse, a net loss.
Forex option contracts were thus introduced to solve this problem, as any losses stemming from currency fluctuations could be offset by profits made from buying options contracts.
To continue with the example, the German car company may choose to buy EUUSD call options, which would profit from an increasing EUUSD rate. Thus, any operational losses in the future (due to a high EUUSD rate) can be offset by the profits gained from those option contracts.
This is, and continues to be, the main purpose of Forex option contracts.
Now of course, in order for the German company to buy call options, someone has to be willing to sell it to them.
Perhaps, a financial institution in France does not believe that the EUUSD will continue to strengthen over the next 12 months, and so is willing sell call options to the German company.
(This, by the way, is how financial markets work. Participants have varying views of the future, and so trade against each other in line with their own expectations.)
In this transaction, the German company pays a fee (in buying call options) to protect against future currency risk, while the financial institution gets paid to take on that risk.
To summarize:
- The German car company looks to limit future currency risk by buying call options - The financial institution (or speculator) collects a fee from selling call options and assumes the currency risk 
More generally:
- Option buyers pay a fixed fee for the potential of a very large profit - Option sellers collect a fixed fee for the potential of a very large loss 
FOREX BINARY OPTIONS
In a vanilla option trade, the buyer does not know in advance the amount of money he stands to win. Similarly, the seller does not know in advance the amount of money he stands to lose. The amount is ultimately determined by how far the market price moves.
In a binary option trade however, the trader will know in advance the exact amount he stands to win or lose, before taking the trade. Binary options are named as such because there are exactly only two possible outcomes: you either win a fixed amount, or lose a fixed amount.
Binary options ask a simple question: will the price be above [price level] at [time]?
For example: will the EUUSD be above 1.3000 at 4.30pm? If you think so, you buy the binary option. If you don't, you sell.
That's pretty much all there is to binary options.
UPSIDE OF BINARY OPTIONS
As you can see, binary option trading can be simply explained and is easily understood. This is a big benefit to new traders, as they can quickly learn the basic mechanics and start trading right away.
A related benefit of this, is having to make fewer trading decisions.
In spot forex trading, for example, one has to decide:
- Where and when to enter the market - The appropriate trading lot size to use - How to manage the trade - Where and when to close the trade 
In binary option trading however, there are only 2 decisions to make:
- Whether the market price will be above a certain price level at a certain time - How much to risk on the trade 
As such, binary options offer a much simpler trading process. You don’t have to think about (or calculate) leverage and margin at all.
And, since the potential loss on each trade is fixed, you will never get a margin call.
Lastly, options offer traders the unique ability to make money by predicting where prices will NOT go. (This goes for all types of options, not just binary options.) This can’t be done in the spot Forex market.
So… does binary option trading sound good?
Sure it does!
Well... at first glance, anyway.
Now let’s take a look at the downsides of binary option trading. These are the things your binary option broker won’t tell you.
DOWNSIDE OF BINARY OPTIONS TRADING
The most obvious downside of binary option trading is the lack of flexibility.
For example, if the market price moves even one pip against you upon option expiry, you’ll lose your entire stake. You can’t choose to defer your trade exit under any circumstances.
Also, with some binary option brokers, you can’t change your mind and close or modify a trade before expiry. In this sense, a binary option trade is typically an all-or-nothing proposition.
These points on inflexibility can be summarized by the following comment (found in the Forex Factory forums):
"I once traded a forex news item where I closed a wrong call with a 20 pips loss, and ended up making 350 pips on the reverse trade, giving me a net profit of 330 pips. This scenario cannot be replicated in binary options.”
Lastly, the value of a binary option is fixed between 0 and 100, with the broker charging a bid-ask spread and often, a commission as well. The implication of these factors is that the average loss per trade will always be larger than the average profit. This is a structural (i.e. inherent) characteristic of the binary option game.
Thus, in order to break even, a binary option trader would have to win at least 55% of the time. Compare this to spot Forex trading, where a trader can be profitable by winning just 40% (or less) of the time.
MY PERSONAL OPINION
On paper, binary options are an opportunity seeker’s wet dream.
The promise of regular fixed payouts and a focus on short-term profits are exactly the characteristics that appeal to people looking for a quick buck.
Unfortunately for them, what feels good in trading is typically a losing approach.
You see... the only way to keep making money with binary options is to accurately predict market prices at least 55% of the time, AND get the timing right. This is an exceptionally difficult feat to accomplish.
In other words, you can correctly predict future market prices AND STILL LOSE because you got the timing wrong by a few minutes.
HOWEVER
All this said, there may be a genuine opportunity here… and that is to be a seller of binary options.
Why? Because it’s a lot easier to estimate where prices will 'not go', rather than trying to predict where it will. Whenever the market settles at a particular price level, it is not settling at a dozen other price levels.
Does this make sense?
This root concept may then be expanded to form a complete binary option trading strategy that you can use.
Note however, that this is a benefit available to all types of options, not just binary options.
SO, ARE BINARY OPTIONS JUST A FAD?
One reservation I have about binary options is that they do not serve a major commercial purpose. Unlike the spot and derivatives markets that serve to benefit society, binary options exist solely for speculation purposes.
In other words, it can be reasonably argued that binary option trading is not much different than a casino game.
Without a commercial purpose, binary options could be banned tomorrow and not impact anyone else other than the brokers and speculators.
Compare this to spot Forex trading, or Forex futures trading, upon which global commerce relies. These markets are unlikely to be closed or banned, because they serve a useful purpose beyond speculation.
As a retail trader for the past 10 years, I’ve seen all sorts of gimmicks and fads come and go. Some years ago, expert advisors were the hot topic. Slowly but surely, people are now gradually realizing that "automated trading" isn't as amazing as it's cracked up to be.
Will binary options follow suit?
My opinion is yes, I think they will.
Binary options do not provide any major benefit to serious traders, and I think that once the opportunity seekers get bored or lose enough money, they’ll lose interest and turn their attention to the next shiny object.
WHAT DO YOU THINK?
So... do you particularly agree or disagree with any of the points I’ve mentioned? Did I miss mentioning any important points?
Let me know what you think!
The original article is published here
submitted by pipmavens to investing [link] [comments]

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submitted by AlphaexCapital to AlphaexCapital [link] [comments]

@AlphaexCapital : Check out Forex Factory Trading Tools | The Ultimate Guide by @alphatsignals. Click here to read: https://t.co/82gVDt55eM. #forex #trading #tradingsignals #crypto #bitcoin https://t.co/1DRJdstIvN

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submitted by AlphaexCapital to AlphaexCapital [link] [comments]

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@AlphaexCapital : Forex Factory Trading Tools | The Ultimate Guide #forex #investing #bitcoin #crypto #xrp #btc #eth #forexsignals https://t.co/4DOtjOExod

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@AlphaexCapital : Forex Factory Trading Tools | The Ultimate Guide #forex #investing #bitcoin #crypto #xrp #btc #eth #forexsignals https://t.co/4DOtjOExod

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@AlphaexCapital : Forex Factory Trading Tools | The Ultimate Guide #Forex #Stocks #StockMarket #Success #Trading #free #ForexTrading https://t.co/4DOtjOExod

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@AlphaexCapital : Forex Factory Trading Tools | The Ultimate Guide #Forex #Stocks #StockMarket #Success #Trading #free #ForexTrading https://t.co/4DOtjOExod

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@AlphaexCapital : Forex Factory Trading Tools | The Ultimate Guide #Forex #Stocks #StockMarket #Success #Trading #free #ForexTrading https://t.co/4DOtjOExod

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@AlphaexCapital : Forex Factory Trading Tools | The Ultimate Guide #forex #investing #bitcoin #crypto #xrp #btc #eth #forexsignals https://t.co/4DOtjOExod

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Forex Factory News Calendar: Here's How The News Can ... News Trading: Forex Factory tutorial. - YouTube How to use Forex Factory Economic Calendar - YouTube Forex Factory Economic Calendar: The Best Indicator Tool ... How How to Use the Forex Factory Calendar in 2020: The ... How To Trade Forex News using Forex Factory - YouTube How to use The Forex Factory Economic Calendar - YouTube

Anticipate market-moving events long before they happen with the internet's most forex-focused economic calendar. View, analyze, and follow live forex trades from around the world, or attempt to compete for a spot on the Top-10 Leaderboard. I had no idea about the differences between forex trading and binary options trading. I must say that this is a great article. I had only known about binary options trading until now. I have been doing binary trading since a long time. I have been pretty good in this one. This particular binary options trading Fxtyrant Forexfactory portal known as Option Robot is really profitable and has ... 08.10.2018 13:08 How Forex Factory alternatives offered by FBS can improve your trading experience This popular resource for Forex traders hardly requires an introduction, but for those of you who only recently got interested in the investment field, Forex Factory is one of the biggest informational resources about Forex on the internet… forex education forex trading forexfactory. Learn more ... Für viele FX-Trader dürfte die Forex Factory eine bekannte Webseite sein. Aber gerade auch Neulingen im Forex-Bereich sollte die Forex Factory vorgestellt werden, denn dort gibt es jede Menge an guten Infos zum Forex-Trading.Der Inhalt der Internetseite bezieht sich auf die Informationssammlung weltweiter Börsendaten. Es wurde Wert auf eine übersichtliche Darstellung gelegt. Forex Factory is where professional traders connect to the forex markets, and to each other. Forex Factory App free download - The Games Factory, HD Video Converter Factory, Setup Factory, and many more programs Forex Factory is where professional traders connect to the forex markets, and to each other. Geht einfach auf die folgende Seite von Forexfatory: Forex Trades @ Forex Factory Forexfactory - Forex Social Trading 2. Auf der folgenden Seite in der linken Spalte (Trades / Live Accounts) seht Ihr nun alle Trades von den Mitgliedern der Forex Factory, dich sich für den Trade Explorer angemeldet haben. Ihr könnt hier sehen, zu welchen Preis der Trader in die Forex Position eingestiegen ist ... We help our customers with prompt stock market recommendation in bullion, metals, option future and traded in Forex market, CAD, AUD and GBP segments.

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Forex Factory News Calendar: Here's How The News Can ...

Forex Factory is one of the most popular sites for forex traders online today. Its calendar provides great information for all types of traders. Using it wil... This simple video show how to use Forex Factory and My fx book to now which currency pairs ill be affected by global news, and the days and times they will b... Want to trade like the professionals? Join our free webinar to get our FREE Order Flow trading strategy. See within the candles as institutional traders do! ... CLICK HERE FOR MORE INFO: https://rebrand.ly/forex33 And start earning in the Forex Market Now! In our expanding international business atmosphere, there are... Got questions? Drop Me A Line Email: [email protected] Connect With Me On Facebook http://www.Facebook.com/eddieharveyfanpage Follow Me on Twitter htt... Learn how to use the Forex Factory economic calendar in this tutorial. _____... Forex Factory economic calendar is the one tool that all successful professional traders use. Trading on the news strategy can be very simple and profitable ...

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