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Technical analysis,is it as complicated as it sounds?

Technical analysis is one of the tools investors use to predict the change in the price of a particular currency. He focuses on reading graphics with the conviction that market movement follows a logic and has recurrent patterns.

Analysts typically track the appearance of specific figures on the currency pair image. Examples are Head and Shoulders or Double top. They also study the parameters of certain statistical indicators such as Moving averages, RSI, MACD and others. the chart below explains it all

Let’s look at the Double Bottom and Double Top Figures. You will easily be able to distinguish the Double Bottom of the Chart.

FX MARKET

Maximum Deposit $200
Minimum Deposit  $20

FX STARTER PLAN

LEVEL 1

FX starter plan which is traditionally known as level 1 plan is the first plan developed by Forex Elite developing team in west London uk, it allows for a small entry deposit and is affordable to almost everyone, referral is 5%, it has a Hash power of 128KHZ and a minimum entry of $25 and a maximum entry of $500. Maturity is 10 Hours and it promise 11% and you deposit back to your wallet after 10hours.Depositing is done inside the dashboard and profit is sent automatically.

MINIMUM   $25
MAXIMUM   $500
REFERRAL   5%
F(X)   11% + investment back to you after 10 hours
     
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Maximum Deposit $50,000
Minimum Deposit  $500

FX ADVANCED PLAN

LEVEL 2

 

FX advanced plan which is traditionally known as level 2 plan is the Next plan developed after starter plan above. Also designed in west London uk, it allows for an entry deposit and is affordable, it has a Hash power of 256KHZ and a minimum entry of $500 and a maximum entry of $50,000. Maturity is 8 Hours and it promise 16% and you investment back to you. the system pays profit deposit back to your wallet after 8 hours.Depositing is done inside the dashboard and profit is sent automatically.

MINIMUM   $500
MAXIMUM   $50,000
REFERRAL   5%
F(X)   16% + investment back to you after 8 hours
     
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Maximum Deposit $100,000
Minimum Deposit  $1,500

FX MEDIUM PLAN

LEVEL 3

 

FX medium plan which is traditionally known as level 3 plan is a NEXT GENERATION plan that makes one a millioner in just 6 Hours. Also designed in west London uk too, it allows for an entry deposit and is affordable, it has a Hash power of 512KHZ and a minimum entry of $1500 and a maximum entry of $100,000. Maturity is 6 Hours and it promise 35%. the system pays profit deposit back to your wallet after 6 hours.Depositing is done inside the dashboard and profit is sent automatically.

MINIMUM   $1,500
MAXIMUM   $100,000
REFERRAL   5%
F(X)   35% + investment back to you after 6 hours
     
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Maximum Deposit $200,000
Minimum Deposit  $2,500

FX ULTIMATE PLAN

LEVEL 4

 

FX ultimate plan which is level 4 plan is among the NEXT GENERATION plan that makes one a millioner in just 4 Hours.it allows for an entry deposit and is affordable, it has a Hash power of 1024KHZ and a minimum entry of $2,500 and a maximum entry of $200,000. Maturity is 4 Hours and it promise a profit of 65%. the system pays profit deposit back to your wallet after 4 hours.Depositing is done inside the dashboard and profit is sent automatically.

MINIMUM   $2,500
MAXIMUM   $200,000
REFERRAL   5%
F(X)   65% + investment back to you after 4 hours
     
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About Forex Signal Services

A Forex signals are suggestions for entering a trades on a currency pairs or another financial instruments, usually at a specific price and time with specific instructions on where to place your stop loss and Take profit limits. The signals are generated usually by a human analyst or sometimes from automated Forex robot supplied to a subscriber of the Forex signal service.Signals are useful for those investors, who do not have plenty of time for studying the movements of the currency market, but still wish to participate in the market. The signals are also useful for those who are not actively trading and wish to make use of profit making opportunities.Initiate trades without studying the Market. Increasing profitability and reducing psychological factors like emotions, fear and hope in Forex. You dont have to go thruough hassle of charts and technical to earn with forexelite since we have free signals(plans) for you. You dont have to inform yourself for factors that might drive the market up or down. You dont miss out any opportunity, because you are notified immediately through service provider median of contact. Signals service providers use multiple charts and read news to stay updated with market to provide you as accurate signals as possible. Signals are very easy to follow, even new traders can follow and take profit from it. Trading the forex currency exchange market can be a scary struggle, which is why, you may want to rely on the services of an experienced companies like forexelite that can give you the heads up with techniques like a Forex signals. If you dont have idea how to use Forex or from where to begin, then let these companies help.

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Testimony

Jane kingslet

Forex Elite is the boss of all investment platform, this is simply the best.Thanks to the admin

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Henry twaford

Iam Henry from Dublin,an investor with Forex Elite ,i make more in a day with them than i make at work

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Jordgin benjamin .T.

I want to encourage everyone to have confidence to invest because they are reliable

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Our Vantage FX offers free ECN forex demo accounts for both the MT4 and MT5 platforms
Concept behind mining explained  Bitcoin mining is the processing of transactions in the digital currency system, in which the records of current Bitcoin transactions, known as a blocks, are added to the record of past transactions, known as the block chain. Bitcoin miners keep the blockchain running by verifying outstanding transactions. This makes sure no coins are sent or deposited twice. Each block contains a collection of unconfirmed transactions, the timestamps of the transactions, and a reference to the last transaction on the ledger that was confirmed. Miners set a computer program to work solving a difficult mathematical puzzle that's unique to each block. The program crunches numbers until it spits out a string of letters and numbers - a hash -that act as a proof the miner has solved the block's puzzle and verified the transaction. That proof then gets broadcast to all the other nodes to confirm they're on the same page. If the nodes come to a consensus, the transaction gets added to the ledger and each miner starts work on a new block.

Technical Analysis

Correlation - The term correlation is generally used in statistics, but in the forex market it helps us understand the mutual relationship between Forex currencies, commodities, and indices.There can be a positive or negative correlation between trading instruments. Positive Correlation: There is a positive correlation when the prices of both instruments move in the same direction. For instance, the EUR/USD and GBP/USD have a positive correlation. Negative Correlation: There is a negative correlation when the prices of both instruments move in opposite directions. For instance, the EUR/USD and USD/JPY have a negative correlation.
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Algorithmic Trading

Algorithmic trading is a process of trading with the help of computer programs which follows certain commands to open and close trades. Algorithmic trading avoids human emotions and enhnces the speed at which a trade can be executed. In our Mt4 platform, the Expert Advisor is an example of algorithmic trading.

Aussie (AUD)

Aussie is a slang term that is used to describe the Australian Dollar. If you are looking for the etymology, it’s called Aussie merely to differentiate it from the other Dollars like U.S Dollar, which is named Greenback. Likewise, the Canadian Dollar is called Loonie.

 

 

BOC (Bank of Canada)

The central bank of Canada, established in 1935 and governed by Stephen Poloz. Its headquarter is in Ottawa, Ontario, Canada. Besides being a central bank, it’s charged with the responsibility of price stability and economic growth.



Built for serious traders that demand sophisticated trading features and analytic tools in one powerful package, Highly customisable dashboards and trade preferences and Powerful charting tools, 80+ technical indicators, extensive drawing tools and Advanced analytical tools including integrated trading strategies with 100s of predefined templates to choose from .

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Amp up your trading with real-time trade signals and analysis tools from Autochartist and Recognia, Trained market strategists can work with you on developing a trading plan which you can invest on.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.