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Why are forex trading signals important?

After you are happy with your ‘demo’ account, you will want to start trading. However, the truth is that you would not have trained yourself properly in Forex trading. Signal services are offered by either brokers or professional traders, or some market analysts through desktop or pager alerts, emails and SMS. Some brokers send signals…

Understanding forex trading signals

After
you are happy with your ‘demo’ account, you will want to start trading. However, the
truth is that you would not have trained yourself properly in Forex trading.

Signal
services are offered by either brokers or professional traders, or some market
analysts through desktop or pager alerts, emails and SMS. Some brokers send
signals by WhatsApp.

It
is always better to subscribe to these Forex trading signals so you don’t have
to spend time in monitoring the market for entry and exit points.

However,
it is also essential to analyze the track record of the Forex trading signal
provider before subscribing, to ensure that the majority of the time, they were
right, and the track record is reliable.

One
of the main advantages of using Forex trading signals is that you don’t need to
worry about analyzing the market. This is taken care by the Forex trading
signal providers. They also tell you the entry and exit point by monitoring and
analyzing the market.

Even
though signals are usually a paid service, some brokers provide it for free.
For some providers, you may have to pay an additional fee to get signal
services for the unusual currency pairs that are not used often or in other
words, rare. Few providers will also provide you with the charts that they use
for taking these market decisions.

Albeit Forex trading
signals help you in minimizing risk or losses in Forex trading, it is vital
that you have confidence. Never trade when you feel insecure because it can
lead to poor judgment and wrong decisions.
ForexLive

How to find the best forex signals providers

There
are many forex signals providers out there, and it’s difficult and sometimes
confusing to find the best providers of forex signals. The best forex signals
are the result of years of experience and professionality.

Usually
a team of professional financial analysts and traders provide the trading
recommendation with specific take profit, stop loss and trading zone. You just
need to execute the trades in your trading platform and that’s it. Your
responsibility is to choose a broker that provides signals you can trust.

Best
forex signals are not based on mathematical formula or parameters. They are the
fundamental, technical and psychological analysis of professional traders who
do it for living.

Contrary
to popular opinion, trading signals are not used solely by beginner traders. Many
experienced traders incorporate signals in their everyday trading routine., because
signals usually help them to control their emotions.

The
best forex signals come from real traders who may or may not use automated algorithm
to generate signal. A good forex signal provider provides you details guideline
about using the signal in the best way.

Regarding
money management, a good forex signal provider offers you detailed instructions
to follow. The mission of a profitable forex signals provider is to provide you
with clear and best forex signal in real time.

They
have upgraded servers, SMS, email, and WhatsApp notifications to ensure best
result. The best companies come to market to provide Signal Service for long
period of time.

One
way to choose a signals provider is to review its activities and reviews. But
usually past history does not provide any guarantee or prediction about the
future, so we recommend simply to try it for yourself.

If
a broker is offering trading signals (especially free trading signals), it is in
their best interest for you to check them out. They want you to keep using
their signals so as a rule you will get very good signals.

This article was submitted by LegacyFX.

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RoboForex adding EOS Cryptocurrency

RoboForex adding EOS Cryptocurrency

RoboForex announced today adding EOS, a cryptocurrency which is now available for trading with the broker on both MT4 and MT5 platforms.

Roboforex added EOS CryptocurrencyCurrently, RoboForex clients have 7 crypto instruments to choose from.

RoboForex keeps expanding its crypto portfolio.

The latest addition is EOSUSD, which is already available to the clients through MT4 and MT5, alongside with six other crypto pairs:

BTCUSD, ETHUSD, BCHUSD, DSHUSD, LTCUSD, and XRPUSD.

The EOSUSD trading conditions are the following:

  • minimum lot size: 100,
  • minimum increment: 0.01,
  • leverage 5:1.

EOS is a cryptocurrency that was introduced in 2017 and is based on blockchain and smart contracts. Its key features are scalability, decentralized apps, and huge throughput (a few million transaction per second).

This is another step towards developing our crypto portfolio.

Our clients do value the flexibility and state of the art technologies we offer them As for us, our mission is meeting their expectations and constantly improving the trading conditions by opening the door to new instruments and opportunities.

says Denis Golomedov, ;Marketing Director at RoboForex.

Roboforex and Cryptocurrency

This Broker has been on the forefront of crypto trading on the Metatrader 4 and Metatrader trading platforms from the beginning and pushing for more and more trad-able assets to be added to their offering .

it took this broker a little bit of time but now that they got them selves into the cryptocurrency trading arena they come to lead the pack. this in combination with their the trading platforms they are offering makes this a broker to take notice of.

as yet there are not enough brokers that offer metatrader 5 and especially one where you are able to trade bitcoin ethereum, litecoin and now also EOS.

About RoboForex

RoboForex is a brokerage company catering to clients from various countries. The broker’s focus is providing the traders with access to its own financial market platforms.

RoboForex Ltd is a licensed company (License No. IFSC/60/271/TS/17).

 

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Local bitcoin Trader Jailed for Money Laundering

Indicted: Local bitcoin Trader Jailed for Money Laundering

Local Bitcoin trader, Theresa Lynn Tetley, also widely known as Bitcoin Maven has been indicted for indulging in illegal bitcoin-for-cash transactions. According to the Central District of California, the LocalBitcoins.com trader has been sentenced to 12 months in prison.

She has also been handed a three-year supervised release and a $20,000 fine. A former real estate investor and stockbroker, the court ordered her to relinquish $292,264.00 in cash, 25 assorted gold bars, and 40 bitcoin.

money launderingTetley pled guilty to one count of operating an unlicensed money exchange business, and another related to money laundering. Her case is the first of its kind in the Central District of California.

Tetley was procedurally supposed to register her business with the Financial Crimes Enforcement Network, an agency of the United States Department of the Treasury.

The agency is responsible for analyzing transactions to curb money laundering and related financial crimes. She also failed to implement standard anti-money laundering protocol, including reporting of certain financial sources as per the requirements of this type of business.

Tetley is said to have traded over $6 million for clients within the United States and charged higher rates as compared to other traders within the LocalBitcoins platform.

Also noted in the court documents was that Theresa Lynn laundered bitcoin for a customer who had been suspected of having acquired the cryptocurrency through illegal activities, including drug sales on the dark web.

She also carried out a bitcoin to cash transaction for an undercover agent who had explicitly declared that his bitcoin was tied to narco-trafficking operations.

According to the report, Tetley’s service was responsible for fueling the growing use of cryptocurrencies to launder money and supported a black market system set up purposely to circumvent the law.

The organizations involved in her investigation included the IRS Criminal Investigation and the Drug Enforcement Administration.

Just One of Many

That said, the government has been committing significant resources to counter the crypto – dark web menace, and earlier this month, a major sting operation was carried out against a major money laundering network. Thirty-five suspects were arrested.

One individual, identified as John Edward Monette, was charged with Conspiracy to Distribute a Controlled Substance. He was also alleged to have carried out numerous bitcoin for cash exchange transactions on the dark web, most of them in 2017 and totaling about $19,000.

Another dark web vendor busted during the operation, Ryan Farace, 34 was indicted for being involved in an alprazolam tablets manufacture and distribution scheme.

He sold the drugs on the dark web, with all transactions being made in bitcoin. Additional digital currency money laundering transactions were made to conceal the sources.

Article Originally Published:

By ELIZABETH GAIL at Coincentral

 

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Why You Need to Get Onboard With Blockchain!

Why You Need to Get Onboard With Blockchain!

Blockchain tech – so revolutionary in nature that some are calling it the “new internet.” It has applications in just about every industry, and has completely altered the way we think about internet security, the processing of information, and the speed of transactions.

Blockchain is the technology that supports the digital currency  or cryptocurrency called Bitcoin –

however this is not what it is really about as it has a far wider scope of applications and is being commercialized in a growing number of areas.

It has generated much interest in technology circles and beyond, because of the new possibilities it opens up in financial services, the public sector and other areas.

According to sites like BitFortune.net, blockchain tech is definitely worth keeping an eye on due to the myriad of benefits it provides.

Blockchain and Bitcoin are not the same thing – Bitcoin is implemented using blockchain technology, but blockchain technology can be used in contexts much wider than Bitcoin or other cryptocurrencies. so when we are talking about the blockchain we are talking about a combination of a number of technologies, these including:

  • Distributed ledgers.
  • The blockchain data structure.
  • Public key cryptography.
  • Consensus mechanisms.

Part of what makes it so exciting is that it is completely open source. As a result, there are already a number of interesting blockchain apps, and the number is growing daily.

The technology is so secure that it is already being used by DARPA to secure military data. Various governments around the world are working on ways to use the tech to protect their own data.
The tech is tamper-proof, and the data stored within it is permanent. It cannot be erased or altered, and this is what makes it so enticing to those needing more secure networks.

But there is more, folks. (Okay, so that sounds a bit like an infomercial, but the benefits are real nonetheless.) Transactions can speed across the network – taking only as much time as it takes for them to be authorized.

The blockchain cannot be described just as a revolution. It is a tsunami-like phenomenon, slowly advancing and gradually enveloping everything along its way by the force of its progression.

William Mougayar

The system runs without the need for an intermediary, and this reduces the time it takes to execute transactions. This, and the unique way that the tech works, means that costs are significantly reduced as well.

What makes it so revolutionary is that the information is spread across every computer within the network. With Bitcoin, that means the data is securely “backed up” over thousands of computers.

Now, it is unlikely that banks will entrust their data to a public network in the same way, but they have been working on creating networks of their own instead.

The potential savings in terms of cost and time are extensive. If you want to learn more about these savings, check out the infographic below.

 

Why You Need to Get Onboard With Blockchain!


Why You Need to Get Onboard With Blockchain!


Visit bitfortune.net . for more interesting Infographics

Guys did an amazing job and was allowed to share.


 

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