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Forex chart points are in a currency trading table that includes; latest fx tradinghigh-low-close range, Bollinger Bands, Fibonacci retracement levels, daily forex pivot points support and resistance levels, average daily forex range, MACD for the different currency trading pairs.
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In the last few years many brokers have appeared on the CFDs and Forex marketplace operating from Cyprus which offers one of the lowest tax systems (e.g. 10% on taxable profits) in the European Union (Cyprus joined the EU in 2003) along with the local availability of highly skilled yet more affordable professionals.
Forex Factory is probably biggest forex forum, also they offer trading calendar and news but the only thing I’m searching their forum… On the ForexFactory there is a lot of good analysts, so this is not a bad place to check what other people thing about some pair if you got stuck without being spammed with offers (ff team hate advertisements more than I do).
Forexcrunch seem to have done it a little different, being around for quite a few years, it seems to have earned its links simply by blogging about the news and the power of the owners ability to write magnetic blog posts, which consistently attract links.
In this regard – the DBB and MA50 additions were great for the longer term followers – but for those just starting, the new info piled up possibility but added to confusion and being somewhat less successful systems than the original strong patterns concept – introduced doubt because of more trading failures.
The key point in here is you have to be regulated for A book business but you don’t have to be regulated for B book forex business even you get the white label from an reputed broker You may overcome the regulation issue by getting a white label from fx technology firms but this time, you will devoid of brokers’ back office and risk management tools.
A coloured candlestick (usually indicated by black or red) would indicate that the closing price was lower than the opening price, while a candlestick with a transparent body (also usually indicated by white or green) would show that the closing price was higher than the opening price for that day.