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Sunday, May 24, 2020

Exxon Mobil Price Analysis: XOM to Break Upwards Anytime

Exxon Mobil shares (NYSE:XOM) are about to break upwards as price action in the chart reveals. The market has been consolidating since April 2020, following a massive drop of  January to March 2020.

 

The market has been moving sideways. ADX period 14 is at the level 20 (low momentum), and DM+ is slightly above DM- (bullish propensity). MACD default parameters have both the signal lines and histogram above the zero line.

 

There is an expectation of a rise in momentum, which would most probably favor bulls. By then, the ADX line would be above 30, and DM+ will be clearly above DM-. Then the MACD signal lines and histogram will be vividly above the zero line, which would all eventually lead to a Bullish Confirmation Pattern in the market.

 

Yes, a bullish breakout is expected on XOM any moment from now, and that could take price to the supply zones at 50.00, 60.00 and 70.00.

 

 

Azeez Mustapha

 

Market Analyst, Trading Signals Provider and Coach

 

Trading realities: Trading realities 

  

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha

 

Buy and sell Perfect Money/Payeer/BTC/AdvCash; get funded quickly: www.ituglobalfx.com.ng

 


A Bearish Signal Is Forming on Alibaba?

Alibaba stock (NYSE:BABA) has been engaged in what is best known as zigzag movement since January 2020. Price dipped from January to March, rose in April and May and has currently dipped again.

 

Buyers have failed to prevent further dip as price is now staying below the EMA 21, while William’s % Range period 20 is going into the oversold region. Once another candle opens below the EMA 21 and Williams’ % Range goes into the oversold region, the current bearish effort would be confirmed and remain successful.

 

The possibility of BABA going further downwards is higher than its possibility of going upwards, so sellers could win in the long run. Potential targets remain at the accumulation territories at 190.00, 180.00 and 170.00.

 

Azeez Mustapha

 

Market Analyst, Trading Signals Provider and Coach

 

Trading realities: Trading realities

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha


Thursday, May 14, 2020

We’re Testing Our Binary Options Strategy on Volatility Indices

Some of you may have heard about synthetic markets called Volatility Indices like:

 

Volatility Index 100

Volatility Index 75

Volatility Index 50

Volatility Index 25

Volatility Index 10

Volatility Index 100 (1s)

Volatility Index 10 (1s)

 

The difference between Volatility Index 10 and Volatility Index 10 (1s) is that Volatility Index 10 moves by two ticks per second, whereas Volatility Index 10 (1s) moves by one tick per second. Some like to trade Volatility Index 75 and some like to trade Volatility Index 10: It all depends on an individual trading styles.

 

Many traders have been hailing Volatility Indices as being easy to trade mainly because it is not directly affected by fundamental events. Nonetheless, the hype is such much that we decided to try Volatility Indices in simulation mode and apply to our live accounts if all goes well.



 

Volatility Indices can be traded like binary (call and put with expiries) or normal margin trading (buy, sell, with stops and targets). But we need to know that whatever can bring us profits can also bring loss if things go againt.us. Sane traders admit that even Volatility Indices can go against them and eat deep into their accounts, and that is fact.

 

Since we’re just testing whether our Binary Options (BO) strategy also works on Volatility Indices, we use smaller risk, and we’ve generated stable results so far.

 

Currency pairs are available 24/5, but Volatility Indices are available 24/7. Then our timing for FX pairs is also different than our timing for Volatility Indices. As normal, we risk only 2% per trade and open only 2 trades per day.

 

We want to know if we can get better result than we’re getting on FX, and we want to know if we can combine the 2 markets. Things can only get better. We will publish the results of the test of our BO strategy on Volatility Indices at the end of May 2020.

 

For you to learn how to trade with our BO strategy or have us manage funds for you, please contact us.

 

 

To see our current rates, please visit www.ituglobalfx.com.ng

 

To fund and withdraw with Neteller, please visit: www.instantforex.com.ng


Binary.com becomes Deriv.com

Hello Traders:

 

Binary.com is rebranding to Deriv.com, hence they will be known as Deriv.com once the rebranding is complete. Also, you can continue using your Binary.com credentials to access the Deriv platform. They also confirm that the functions on Binary.com will remain in the Deriv.com platform.


 

Note: It’s better now to leave Binary.com and access Deriv.com with your simulation account and real account credentials, because the company will eventually abandon Binary.com and stick to Deriv.com. Their past brand was BetOnMarkets and they transitioned away from that.

 

 

To see our current rates, please visit www.ituglobalfx.com.ng

 

To fund and withdraw with Neteller, please visit: www.instantforex.com.ng


Sunday, May 10, 2020

4xCube Review: Installment Program for New Registrants


Founded in 2018, 4xCube is a Forex and CFD brokerage that provides a platform where investors and traders alike could get access to ridiculously low spreads, instant trade execution, and top-notch customer service. 4xCube consists of a management team with more than 20 years of experience in the global financial markets, making it a brokerage that perfectly understands the needs of its customers. This brokerage is a true STP/ECN trading platform that doesn't require a dealing desk and allows for any kind of trading strategy.

In this article, we will be looking at 4xCube and some of the concepts involved in it. We would also discuss/explore a remarkably unique program offered by this brokerage that could be revolutionary for traders.


An Overview of 4xCube

This brokerage could be considered as a perfect tool for traders (especially beginners) thanks to its simplified and education-oriented platform. Trading the financial markets can be complicated and overwhelming sometimes considering the several digits, information, and charts that have to be analyzed in it. 4xCube makes trading easier and worthwhile. 

4xCube also supports low entry capital for its customers. Traders can open live accounts with as little as $5. This makes backtesting and learning in real-world market conditions more realistic.

The true STP/ECN attribute of this brokerage eliminates the possibility of any conflict of interest. It also means that all trade orders are carried out by a pool of 21 service providers between ECN and banks, giving its customers a fast and drama-free trading experience.

Additionally, 4xCube facilitates true instant transactions as deposits and withdrawals are processed in split seconds. This helps traders take advantage of extremely volatile market conditions.

4xCube is globally recognized as one of the most innovative and fast-growing brokerages and has received several awards for its distinction including International Finance Awards 2019, Global Forex Awards, and AtoZ Awards 2019.


Properties of 4xCube

Explained below are some of the concepts and properties involved with 4xCube:

Regulation

4xCube is registered in the Cook Islands and is regulated by the Financial Supervisory Commission (FSC). Being registered and regulated offshore gives this trading company more flexibility in implementing trading rules and features. Trading companies regulated under European laws makes it difficult for small-scale traders to gain entry into the financial markets as they have a capped leveraging of 1:30. 4xCube, on the other hand, allows for leveraging as high as 1:400, making it more beneficial for small-scale traders.

4xCube also has adequate security features regardless of its offshore status. This trading company has separate accounts for storing customers’ funds to ensure that these funds are not tampered with in any way. 4xCube uses the Secure Socket Layer (SSL) cryptographic encryption on its website to provide a secure digital environment for traders and to safeguard against hackers. In 2019, 4xCube emerged as an affiliate of the FSC which bolstered the array of services and benefits it could provide for its customers.

4xCube is accessible across every continent on the planet. However, it is restricted in countries like North Korea, the United States, and Iraq.




Education

As mentioned earlier, trading the financial markets is no easy feat. Choosing a brokerage that supports you in your trading journey is quite important (especially for beginner traders). 4xCube helps you stay on top of the market by providing you with daily charts, overviews, interactive webinars, and other necessary analysis. This brokerage keeps you updated with global economic and financial news that could help you make better trading decisions and grow in experience as a trader.


Auto Trading

4xCube also comes with an auto trading feature that helps you automate your trading. Auto trading helps busy, beginner, or any interested trader execute trades automatically once preset market conditions are met. It also allows traders to copy or find guidance on trades from more experienced traders. The auto-trading feature helps traders carry out trades free of emotions, allowing them to take advantage of more trading opportunities.


Deposit and Withdrawal Options

With 4xCube, deposits and withdrawals are done with the utmost ease. Users of this platform can make cash deposits in various currencies including US dollar, Euro, Nigerian Naira, the British Pound, South African Rand, and many more. You can also make deposits using cryptocurrencies like Bitcoin. Available channels for making deposits and withdrawals include bank transfer, debit/credit card, Skrill, Neteller, Perfect Money, and many more.


The 4xCube Installment Program

As a show of their innovative solutions and a dedication to customer support, 4xCube has come up with a unique program to help beginner traders launch their trading careers. This program gives new traders the option of trading with as much as $1,000 (in credit), and pay back the loan in as much as 10 installments. This program is extremely beneficial and can help many beginner traders kickstart their trading journeys on a supportive platform, instead of wandering in oblivion.

The scheme is incredibly flexible and can be started simply by following these easy steps:

1- Register on the platform and submit all the necessary identification requirements.

2- Choose the amount of credit you desire.

3- Select your desired number of installments. 

4- Download the installment program terms and conditions.

5- Sign and upload the highlighted page(s) on the prompted screen.

6- Begin trading. 


Final Note

4xCube provides a wide array of trading services and products waiting for you to take advantage of. However, trading is not an easy task. Do well spend quality time in acquiring the necessary trading skills before embarking on your trading journey to give you a better chance of succeeding in this industry.