When trading in financial markets, most newcomers rely on their intuition or luck. But experienced investors and reliable brokers recommend using special traders' tools to increase the efficiency of the decision-making process.
This tool was created to assess the profitability of a trading position, possible risks and margin requirements for the chosen asset. These parameters are important for compliance with money management rules for the trading account.
On this calendar, you will be possible to find data for a specific time interval, as well as get acquainted with the forecasts of experts and track the dynamics of changes of specific financial indicators for several years. As a result, you will have a full-fledged instrument, ideally suited for fundamental analysis of the market.
It is a Forex trading tool that allows you to transfer currencies from different countries based on current market quotes. In rapidly changing market conditions, the converter will help to calculate the cost of a certain amount expressed in another currency.
Quotes of metals allow Forex traders to not only quickly find out the cost of commodities, but also to determine current market conditions and volatility. Changes in precious metals quotes may also indicate an appetite for risk on the part of international investors.
Resistance and support levels are important for technical analysis in Forex trading. The pivot point calculator helps traders determine these levels, take profits from previously opened trading positions in time, as well as increase efficiency and profitability for new deals.
Cryptocurrencies are the most volatile asset class in financial markets. Therefore, it is important for traders to track cryptocurrency quotes in order to find the most powerful trends, attractive entry points to the market, as well as profit-taking levels.
Stock quotes reflect the real market value of companies. In the Forex market, stock trading occurs through the so-called CFDs (Contract For Difference). This type of financial instrument is useful for traders interested in speculative trading without physical asset delivery.
For many traders from all over the world, Forex Currency quotes are of great importance, as they reflect current market conditions, determine trends and affect the final profit from currency trading.