Forex

Forex

The foreign exchange market (forex or FX for short) is one of the most exciting, fast-paced markets around. Until recently, forex trading in the currency market had been the domain of large financial institutions, corporations, central banks, hedge funds and extremely wealthy individuals. The emergence of the internet has changed all of this, and now it is possible for average investors to buy and sell currencies easily with the click of a mouse through online brokerage accounts.

Daily currency fluctuations are usually very small. Most currency pairs move less than one cent per day, representing a less than 1% change in the value of the currency. This makes foreign exchange one of the least volatile financial markets around. Therefore, many currency speculators rely on the availability of enormous leverage to increase the value of potential movements. In the retail forex market, leverage can be as much as 250:1. Higher leverage can be extremely risky, but because of round-the-clock trading and deep liquidity, foreign exchange brokers have been able to make high leverage an industry standard in order to make the movements meaningful for currency traders.

Extreme liquidity and the availability of high leverage have helped to spur the market’s rapid growth and made it the ideal place for many traders. Positions can be opened and closed within minutes or can be held for months. Currency prices are based on objective considerations of supply and demand and cannot be manipulated easily because the size of the market does not allow even the largest players, such as central banks, to move prices at will.

The forex market provides plenty of opportunity for investors. However, in order to be successful, a currency trader has to understand the basics behind currency movements.

The goal of this forex tutorial is to provide a foundation for investors or traders who are new to the foreign currency markets. We’ll cover the basics of exchange rates, the market’s history and the key concepts you need to understand in order to be able to participate in this market. We’ll also venture into how to start trading foreign currencies and the different types of strategies that can be employed.

Trade Binary Options

How to Trade Binary Options

General Risk Warning:

&nbspThe financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.&nbsp
  1. Binary options – the world’s financial instrument. They allow traders to  from price movements across all the world’s markets.
  2. There are only 2 types of transactions you can make with binary options: CALL and PUT.

The IQ Option platform allows our traders to make investments starting from just $1.

 

1

  1. Call – Option for rising prices. If you believe the price is about to go up, choose this option.

PUT – Option for falling prices. Buy this option when you expect the price to decrease.

If you see on the chart that the price isn’t rising or falling, that means that right now there’s a “neutral trend.” In this case, it’s best to hold off on buying this option. Consider choosing a different asset to invest in.

Trend examples:

2 3

 

  1. Never invest more than 2% of your capital in a single option. This is the golden rule for any investor. This way you can manage your investing without losing your head…or your money
  2. In order to improve the quality of your results, use technical & fundamental market analysis.
  3. Try different asset classes. If you’re not getting results with currency pairs, try stock indices. On IQ Option you can  find over 500 types of assets, including Amazon, Facebook, and Google.
  4. Sign up for IQ Option’s, where you’ll find out how to analyze trends, choose a trading pattern, and personally answer any questions you may have.

How to register & trade on IQ Option

General Risk Warning:

&nbspThe financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.&nbsp





General Risk Warning:

&nbspThe financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.&nbsp

Ripple Price Technical Analysis – XRP/USD To Retest $0.2000?

Key Highlights Ripple price failed to remain above the $0.2200 level and moved down against the US Dollar. This week's highlighted descending channel with current resistance at $0.2200 on the hourly chart of XRP/USD (data source from Kraken) is still in place. The price is currently trading near an important support level at $0.2060. Ripple … Continue reading Ripple Price Technical Analysis - XRP/USD To Retest $0.2000?

The post Ripple Price Technical Analysis - XRP/USD To Retest $0.2000? appeared first on NEWSBTC.

The post Ripple Price Technical Analysis – XRP/USD To Retest $0.2000? appeared first on bitcoinmining.shop.

Ripple Price Technical Analysis – XRP/USD To Retest $0.2000?

Key Highlights Ripple price failed to remain above the $0.2200 level and moved down against the US Dollar. This week’s highlighted descending channel with current resistance at $0.2200 on the hourly chart of XRP/USD (data source from Kraken) is still in place. The price is currently trading near an important support level at $0.2060. Ripple … Continue reading Ripple Price Technical Analysis – XRP/USD To Retest $0.2000?

The post Ripple Price Technical Analysis – XRP/USD To Retest $0.2000? appeared first on NEWSBTC.

The post Ripple Price Technical Analysis – XRP/USD To Retest $0.2000? appeared first on bitcoinmining.shop.

Bitcoin Cash Price Technical Analysis – BCH/USD Heading Lower

Key Points Bitcoin cash price is struggling to hold $540 against the US Dollar, and might test $500 once again. There is a descending channel pattern with current resistance at $580 forming on the hourly chart of BCH/USD (data feed from Kraken). The price is likely to continue moving down and could even test the … Continue reading Bitcoin Cash Price Technical Analysis - BCH/USD Heading Lower

The post Bitcoin Cash Price Technical Analysis - BCH/USD Heading Lower appeared first on NEWSBTC.

The post Bitcoin Cash Price Technical Analysis – BCH/USD Heading Lower appeared first on bitcoinmining.shop.

Bitcoin Cash Price Technical Analysis – BCH/USD Heading Lower

Key Points Bitcoin cash price is struggling to hold $540 against the US Dollar, and might test $500 once again. There is a descending channel pattern with current resistance at $580 forming on the hourly chart of BCH/USD (data feed from Kraken). The price is likely to continue moving down and could even test the … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Heading Lower

The post Bitcoin Cash Price Technical Analysis – BCH/USD Heading Lower appeared first on NEWSBTC.

The post Bitcoin Cash Price Technical Analysis – BCH/USD Heading Lower appeared first on bitcoinmining.shop.

Korea’s Coinone Launches Physical Cryptocurrency Exchange

Korea's Exchange Coinone Launches Physical Cryptocurrency Exchange

Korea’s third largest bitcoin exchange Coinone has opened a physical cryptocurrency exchange. Six cryptocurrencies are supported including bitcoin, bitcoin cash, and ether. The complex has a bitcoin ATM, a large display board with market information and features a face-to-face consultation service.

Also read: South Korea Takes Steps To Regulate Digital Currencies

Coinone Blocks Launched

South Korean bitcoin exchange Coinone announced on Monday the launch of Coinone Blocks, which the company described as “the world’s first blockchain 4D zone.” The new brick-and-mortar branch enables offline cryptocurrency exchanges as well as offer other services including face-to-face consulting on cryptocurrency trading, Korea Joongang Daily detailed.

Korea's Exchange Coinone Launches Physical Cryptocurrency Exchange
Coinone Blocks’ Display Board.
Korea's Exchange Coinone Launches Physical Cryptocurrency Exchange
ATM at Coinone Blocks.

In addition to all the services customers can expect from the exchange’s online platform and the in-person consultation service, customers can also purchase USB hardware wallets there.

The complex has a bitcoin ATM as well as a large display board with market information on six digital currencies that can be traded on the exchange. Currently, supported cryptocurrencies are BTC, BCH, ETH, ETC, XRP, and QTUM.

Coinone Blocks is located in Yeouido, Yeongdeungpo District in southwest Seoul. Its operating hours are Monday through Friday from 10 am to 6 pm.

The Need for a Physical Exchange

Coinone Blocks’ Lounge.

Coinone is the third largest bitcoin exchange in Korea, according to Coinhills. Its daily trading volume is comparable to that of the second largest exchange, Korbit. Bithumb remains the largest bitcoin exchange with approximately 76% of the domestic market share. In addition to operating a cryptocurrency platform, Coinone operates Cross, a blockchain-based remittance service.

“Consumers in Korea are recently calling for a more secure means to exchange cryptocurrencies,” Korea Joongang Daily noted. “Coinone Blocks is intended to fulfill the needs of consumers who want to receive tangible services,” a Coinone spokesperson explained.

Korea's Exchange Coinone Launches Physical Cryptocurrency Exchange
Coinone Blocks’ Consultation Desks.

Coinone Blocks consultants can help customers with issues regarding digital currency transactions. They can also discuss related technologies and policies as well as the future of blockchain-based finance. The complex has a lounge and meeting rooms where blockchain-related meetings can take place, Zdnet described.

“We will lead the market with customer-oriented service through the opening of Coinone Blocks,” CEO Cha Myung-hun was quoted saying, adding that:

The purpose of Coinone Blocks is to create a healthy and transparent ecosystem for digital currencies.

Last month, Bithumb launched a walk-in customer service center with a consultation service, but it does not offer the full range of exchange services Coinone Blocks offers.

What do you think of Coinone’s physical exchange? Let us know in the comments section below.


Images courtesy of Shutterstock, Coinone, Newsis and Zdnet


Need to calculate your bitcoin holdings? Check our tools section.

The post Korea’s Coinone Launches Physical Cryptocurrency Exchange appeared first on Bitcoin News.

The post Korea’s Coinone Launches Physical Cryptocurrency Exchange appeared first on bitcoinmining.shop.

Ninth Edition of d10e Conference to Host the First Official Blockchain Investors Consortium Gathering and the ICO Pitch Competition with the Biggest Prize in the World

Los Angeles — August 28th, 2017 — d10e is proud to announce the first official gathering of the Blockchain Investors Consortium (BIC) at the ninth edition of d10e, which will be hosted in Kyiv, Ukraine on September 16–19. Since 2014, d10e’s conferences were hosted in Amsterdam, Bucharest, San Francisco, Singapore and Tel Aviv, and the... View Article

The post Ninth Edition of d10e Conference to Host the First Official Blockchain Investors Consortium Gathering and the ICO Pitch Competition with the Biggest Prize in the World appeared first on bitcoinmining.shop.

JPMorgan CEO Jamie Dimon: Bitcoin Is ‘Fraud’

JPMorgan Chase & Co. CEO Jamie Dimon predicts government officials will shut down cryptocurrencies such as bitcoin after someone “gets killed,” adding that he would fire any “stupid” employee if they’re found to be trading bitcoin. JPMorgan’s Chief Executive Officer, who previously served on the Board of Directors of the Federal Reserve Bank in New [...]

The post JPMorgan CEO Jamie Dimon: Bitcoin Is ‘Fraud’ appeared first on bitcoinmining.shop.