👏 We are excited to let you know that our Welcome Bonus has just gotten even better! All SuperForex clients may take advantage of a❗️50% Welcome Bonus on each deposit. Trade with greater volume and, as a result, generate more income from your positions.
Our Welcome bonus comes with a number of great benefits:
✅ To withdraw profits, you don't need to complete a certain number of traded lots;
✅ The bonus is completely integrated into the margin;
✅ There are no time limits on trading with the Welcome Bonus.
After withdrawal, the Welcome bonus is not canceled. Learn more about the bonus: here
👉 Apply for the bonus here or in our mobile app. We hope you enjoy this bonus and take advantage of it!
Our Welcome bonus comes with a number of great benefits:
✅ To withdraw profits, you don't need to complete a certain number of traded lots;
✅ The bonus is completely integrated into the margin;
✅ There are no time limits on trading with the Welcome Bonus.
After withdrawal, the Welcome bonus is not canceled. Learn more about the bonus: here
👉 Apply for the bonus here or in our mobile app. We hope you enjoy this bonus and take advantage of it!
📈 We have just added the CBOE Volatility Index (VIX) to our trading instruments list. This makes us one of the few brokers who offer VIX trading on ECN accounts.
The VIX is a popular volatility index used by traders around the world to measure implied volatility in the markets. Now you can trade this instrument and take advantage of market movements.
We are confident that it will be a valuable addition to our trading instruments list 👨💻
Choose an ECN account to trade VIX here
The VIX is a popular volatility index used by traders around the world to measure implied volatility in the markets. Now you can trade this instrument and take advantage of market movements.
We are confident that it will be a valuable addition to our trading instruments list 👨💻
Choose an ECN account to trade VIX here
Let's have a look at the trailing stop loss tool 📈
A trailing stop loss is a mechanism that allows you to save money while earning profits.
The goal is to shift the stop loss each day (or another interval) under the previous candle. It limits the amount that will be lost but not the potential gain if the trade works to your benefit.
You can set a trailing stop loss manually or using an automated method. Let's have a look at the manual method.
Move the Stop Loss under the day's low after each day has ended. On the third day, the trade was closed via a trailing stop.
A trailing stop loss is a mechanism that allows you to save money while earning profits.
The goal is to shift the stop loss each day (or another interval) under the previous candle. It limits the amount that will be lost but not the potential gain if the trade works to your benefit.
You can set a trailing stop loss manually or using an automated method. Let's have a look at the manual method.
Move the Stop Loss under the day's low after each day has ended. On the third day, the trade was closed via a trailing stop.
Earn an extra 10% on top of your profits with Nasdaq 📈
With SuperForex's new promotion, you could earn an extra 10% on top of your profits when trading with Nasdaq! This is the perfect opportunity to get ahead in this fast-paced market.
All traders who trade #Nasdaq and meet the conditions of this promo will be rewarded with an extra 10% on top of the profits earned during the promo period. This extra funding will be fully withdrawable.
Turbo Trading Nasdaq period will last until September 1, 2022. Registration is already open.
👉 Don't miss out and register here: http://bit.ly/3pbNm2M
With SuperForex's new promotion, you could earn an extra 10% on top of your profits when trading with Nasdaq! This is the perfect opportunity to get ahead in this fast-paced market.
All traders who trade #Nasdaq and meet the conditions of this promo will be rewarded with an extra 10% on top of the profits earned during the promo period. This extra funding will be fully withdrawable.
Turbo Trading Nasdaq period will last until September 1, 2022. Registration is already open.
👉 Don't miss out and register here: http://bit.ly/3pbNm2M
🌏 Wall Street amid US corporate optimism despite concerns about a recession, and speculation the Reserve Bank will lift its benchmark rate for the fourth consecutive month.
The Dow Jones Industrial Average rose around 1 per cent, the S&P 500 gained about 1.4 per cent and the Nasdaq Composite added nearly 2 per cent. The S&P 500 and Nasdaq have now posted their biggest monthly percentage gains since 2020.
💵 #Bitcoin down 1.6 per cent to $US23,709.70
🇺🇸 #US: Dow +1% S&P 500 +1.4% Nasdaq +1.9%
🇺🇸 #Shares: Tesla +5.8% Apple +3.3% Amazon +10.4%
🇪🇺 #EU: Stoxx 50 +1.5% FTSE +1.1% DAX +1.5% CAC +1.7%
💸 #Spot gold +0.6% to $US1,765.94 /oz
🛢#Brent crude +2.1% to $US103.97 a barrel
🛢US oil +2.3% to $US98.62 a barrel
💵 #Bonds Yield: US 2.65% Australia 3.05% Germany 0.81%
📶Stay here to receive more market updates
The Dow Jones Industrial Average rose around 1 per cent, the S&P 500 gained about 1.4 per cent and the Nasdaq Composite added nearly 2 per cent. The S&P 500 and Nasdaq have now posted their biggest monthly percentage gains since 2020.
💵 #Bitcoin down 1.6 per cent to $US23,709.70
🇺🇸 #US: Dow +1% S&P 500 +1.4% Nasdaq +1.9%
🇺🇸 #Shares: Tesla +5.8% Apple +3.3% Amazon +10.4%
🇪🇺 #EU: Stoxx 50 +1.5% FTSE +1.1% DAX +1.5% CAC +1.7%
💸 #Spot gold +0.6% to $US1,765.94 /oz
🛢#Brent crude +2.1% to $US103.97 a barrel
🛢US oil +2.3% to $US98.62 a barrel
💵 #Bonds Yield: US 2.65% Australia 3.05% Germany 0.81%
📶Stay here to receive more market updates
Fixed Spread vs Floating Spread: Which is better?
Fixed Spread has several advantages and disadvantages.
🔸 The amount you must pay as a commission is predetermined in advance;
🔸 Trading restrictions are generally observed during news releases.
🔸 In most situations, you'll be given 4-digit pricing as well as a fixed spread;
Floating spreads do have some advantages as well, such as a smaller spread in general.
However, there's a potential for wider spreads during news releases or holidays. In the end, it comes down to personal preference.
At SuperForex you can select from a variety of STP accounts with fixed spreads, or apply for ECN accounts with floating spreads.
Fixed Spread has several advantages and disadvantages.
🔸 The amount you must pay as a commission is predetermined in advance;
🔸 Trading restrictions are generally observed during news releases.
🔸 In most situations, you'll be given 4-digit pricing as well as a fixed spread;
Floating spreads do have some advantages as well, such as a smaller spread in general.
However, there's a potential for wider spreads during news releases or holidays. In the end, it comes down to personal preference.
At SuperForex you can select from a variety of STP accounts with fixed spreads, or apply for ECN accounts with floating spreads.
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We would like to let you know about our new trading conditions for Gold.
Now this trading instrument comes with an increased leverage to 1:100 📈 so that the minimum deposit required to open a trade is reduced to $100.
This will allow traders with smaller accounts to participate in the Gold market and benefit from its price movements.
We invite you to try out our new conditions and see how they can improve your trading results 🎯
Learn more about gold trading: http://bit.ly/3dnyEmY
Now this trading instrument comes with an increased leverage to 1:100 📈 so that the minimum deposit required to open a trade is reduced to $100.
This will allow traders with smaller accounts to participate in the Gold market and benefit from its price movements.
We invite you to try out our new conditions and see how they can improve your trading results 🎯
Learn more about gold trading: http://bit.ly/3dnyEmY
📈 We’ve just made it possible to trade metals and indices on cent accounts. This means that now just $2 will be enough to start trading with the most popular NAS100 index, and for metals even 1 USD is enough to open a position.
We are always looking for ways to improve our micro cent trading account, and we hope that this new development will make it exciting for you to trade the markets.
👉 If you are interested in trying out the new available instruments, open a cent account to get started: https://superforex.com/micro-cent-account
We are always looking for ways to improve our micro cent trading account, and we hope that this new development will make it exciting for you to trade the markets.
👉 If you are interested in trying out the new available instruments, open a cent account to get started: https://superforex.com/micro-cent-account
Many traders have likely seen fake trend breakouts during their trading sessions. For those who are not familiar with this, let's take a closer look.
A fake breakout is a brief price movement above the resistance level that is followed by a return to the previous level.
💡When volume does not confirm the price movement, it is an indication that a fake breakout might have occurred.
On the volume histogram beneath the price chart, we observe a weak breakout when the volume falls during an upswing in value and does not confirm it.
A breakout is confirmed when the volume rises with the price increase 📈 and accompanies it.
It means that the upward trend ⬆️ has started.
A fake breakout is a brief price movement above the resistance level that is followed by a return to the previous level.
💡When volume does not confirm the price movement, it is an indication that a fake breakout might have occurred.
On the volume histogram beneath the price chart, we observe a weak breakout when the volume falls during an upswing in value and does not confirm it.
A breakout is confirmed when the volume rises with the price increase 📈 and accompanies it.
It means that the upward trend ⬆️ has started.
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💡There are different types of confirmations traders can use when making decisions about whether or not to enter a trade.
🔹Price action confirmation based on different types of candles and candlestick patterns is one option.
🔹Confirmation from an indicator is thought to be precise, and many traders rely on this option, using anything from a basic moving average to more complex composite algorithms.
🔹The Fibonacci method can be utilized to confirm or refute an identified zone, and while this form of confirmation is not as precise as other methods, it may still be useful.
🔹Finally, divergence and convergence can be confirmed relatively reliably because they take into account price movement as well as changes in volume.
🔹Price action confirmation based on different types of candles and candlestick patterns is one option.
🔹Confirmation from an indicator is thought to be precise, and many traders rely on this option, using anything from a basic moving average to more complex composite algorithms.
🔹The Fibonacci method can be utilized to confirm or refute an identified zone, and while this form of confirmation is not as precise as other methods, it may still be useful.
🔹Finally, divergence and convergence can be confirmed relatively reliably because they take into account price movement as well as changes in volume.
#XAUUSD
🏆 Gold analysis!
The metal formed a double top pattern,
moving closer to the nearest target of 1960.
📍In case of a breakout, we expect XAUUSD to gain momentum and reach the support of 1890.
Will you sell the metal? Give us ❤️ reaction if you want more analysis today!
🏆 Gold analysis!
The metal formed a double top pattern,
moving closer to the nearest target of 1960.
📍In case of a breakout, we expect XAUUSD to gain momentum and reach the support of 1890.
Will you sell the metal? Give us ❤️ reaction if you want more analysis today!
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