Forex Trading Platforms

March 31, 2022 (MLN): Enduring the bleak phase of depreciation,  the  Pakistani rupee (PKR) has lost its ground further by 84 paisa against the US dollar in today's interbank session as the currency settled the trade at PKR 183.48, compared to yesterday's closing of PKR 182.64 per USD. During the session, the domestic unit traded in a range of 90 paisa per USD witnessing an intraday high bid of 183.55 and an intraday low offer of 182.65. Along with ongoing political noise and weak macros, the speculative elements have encouraged the dollar to dominate further in the interbank market, Ahsan Mehanti, Director Arif Habib Group said while speaking to Mettis Global. In addition to the no-confidence motion, the sharp decline in SBP reserves as the reserves have gone down to around $15 billion from the peak of around $20bn and the delay in IMF Program have also created uncertainty in the market, Fahad Rauf, Head of Research at Ismail Iqbal Securities told Mettis. Fro...

Every foreign exchange trader will use Fibonacci retracements at some point in their trading career. Some will use it just some of the time, while others will apply it regularly. But no matter how often you use this tool, what's most important is that you use it correctly every time. Improperly applying technical analysis methods will lead to disastrous results, such as bad entry points and mounting losses on currency positions. Here we'll examine how not to apply Fibonacci retracements to the foreign exchange markets. Get to know these common mistakes and chances are you'll be able to avoid making them—and suffering the consequences—in your trading. Key Takeaways A Fibonacci retracement is a reference in technical analysis to areas that offer support or resistance. Foreign exchange traders, in particular, are likely to use Fibonacci retracements at some point in their trading careers. One common mistake traders make is confusing reference points ...

Why OANDA Over Others? Why should you use OANDA for your forex trading? Let's take a look at a few of our favorite features OANDA offers forex traders. Easy-to-use platform. OANDA's trading platform offers 10 chart types, a variety of indicators and 32 overlays. This makes it an excellent choice for both beginner and experienced traders. Full-service mobile app. OANDA's mobile app doesn't cut any charting or trading functionality from its desktop version. There's even a special app for tablet users. Educational materials are available in multiple languages. If your native language is German or Mandarin, you'll love the fact that OANDA's webinars and instructional videos are available in both those options in addition to American English. OANDA Quick Summary Tradable assets Over 70 forex currency pairs Platform Comprehensive. Wide range of trading tools and indicators. Mobile app Fully-operational. ...

The best place to get real-time crypto updates and technical analysis (TA) is usually Twitter as by the time a Youtube video is made and uploaded, it can be slightly out of date, whereas Tweets are instant. Many of the best traders in 'CT' – crypto Twitter – do also have Youtube channels though where they post general market reviews and news updates to, and sometimes livestream trades on. You'll find many of those channels on our list of the best crypto Youtubers to follow below. Best Crypto Channels on Youtube – Top 10 List Jacob Crypto Bury – best crypto Youtube channel for beginners TechnicalRoundup – best crypto Youtubers for technical analysis Trader Mayne – best crypto prediction Youtube channel Crypto Face – most popular crypto Youtube channel for live leverage trading The Modern Investor – good for general investing and cryptocurrency news CryptosRUs – one of the biggest crypto Youtube channels for fundamental analysis (FA) Benjamin Cowen – vot...

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Brokers for penny stocks are company representatives who buy and sell penny stocks. And they do this on behalf of their clients. They work with both big and small investors to facilitate transactions in this highly volatile market. And penny stocks are shares of small, relatively unknown companies that trade at low prices per share. They are considered to be high risk investments. But they can offer big rewards if the company's fortunes turn around. Most penny stocks are not listed on major exchanges. So, they can be harder to buy and sell. That's where brokers for penny stocks come in. They use their expertise and connections to help investors navigate the often-murky world of penny stocks. If you're thinking about investing in penny stocks, it's important to work with reputable brokers for penny stocks. So, look for someone who has experience in this market. Plus, a good track record of helping investors make money. What to ...