User blogs

Everyone knows that news moves markets, but few retail traders can take advantage of those opportunities. At BK we've developed a proprietary model to forecast news. We spent thousands of man-hours developing a system to predict economic surprises and we share these predictions with our subscribers every day. We make 1 to 3 calendar calls daily and send out between 8 to 12 recommendations per week. These are soft recommendations that provide potential trading setups based on the economic data surprises. Not only do we tell you what a constitutes a surprise but we also provide you with reasons why the consensus may be wrong.To get more news about Free Forex Signals, you can visit wikifx.com official website.

1 NEWS TRADING BATTLE PLAN (WEEKLY)
First and foremost, at the beginning of EVERY WEEK, we send out a spreadsheet outlining our Monday to Friday News Trading Battle Plan. We go through the entire economic calendar, pick out only the potentially market moving opportunities and indicate whether we believe the data will be stronger or weaker than expected and tell you why we think so. On top of that, we suggest the currency pair to trade for every potential opportunity.
2 DETAILED ANALYSIS OF NEWS TRADE WITH CHART (DAILY)
Then EVERY DAY when there is a tradable piece of data, we send out a chart with detailed commentary that takes a look at trade from 3 angles - Fundamental, Technical and Sentiment. Every week, we will be sending out between 8-12 BONUS ideas based on the G-10 global economic calendar. Unlike simple Buy/Sell instructions of other signal services, our research comes with a full explanation of why we think the data may surprise and what currency pair we think would respond best if our analysis is correct. With BK News trades you can make a fully informed decision on whether you want to participate in a particular trade or not. Here's a sample.
New Zealand GDP numbers will be released at 6:45pm ET / 22:45 GMT. We have strong reasons to believe that Q2 GDP numbers will surprise to the upside. The 2 most important components of GDP are retail sales and trade and both saw improvements in Q2 versus Q1. Unlike the Federal Reserve and other major central banks, the RBNZ is comfortably on hold. If growth surprises to the upside like we expect, it would be very positive for the NZD/USD because it increases the divide between New Zealand and U.S. monetary policies. The Reserve Bank of New Zealand is comfortably on hold while the Federal Reserve is easing as aggressively as they can.

NZD/USD is currently trading near its 6 month high. If Q2 GDP numbers surprise to the upside, we could see a rally to 83 cents but a sustained break of that level will be needed to open the door for further gains. 0.8300 is significant not just because it's the next round number but also because it has capped gains in the currency for the past 3 trading days. If that level is cleared, then there's a reasonable chance for NZD/USD to break the 6 month high of 0.8356. If GDP surprises to the downside, NZD/USD will fall and most likely break below the 10-day SMA at 0.8225. If that happens and the currency pair breaks 0.8200 as well, we could see an extension down to the 50-day SMA of 0.8085.

Based on how well the NZD/USD is holding its breakout above 0.8200, especially when compared to the EUR and AUD, there's no question that investors like the currency. Since NZD is also a risk currency, the fact that stocks have been holding onto their gains supports the possibility of an upside breakout.

Mirror trading (or mirror effect trading) allows traders to copy the positions of other traders in real-time. It is a popular practice for those that are new to online forex trading, as it allows beginners to learn from experienced traders. By definition, it is almost identical to copy trading, though mirror trading is mainly automated, whilst the former can be manually executed.To get more news about Forex Mirror Trading, you can visit wikifx.com official website.

How Mirror Trading Works
Mirror trading works differently depending on the broker you sign up to. In most cases, they'll offer a mirror trading feature, such as eToro's copy trader. Successful traders, known as ‘Masters', will display their account results.

Select a Master trader who matches your preferred asset (forex, stocks or options to name just a few), technique (for example, day trading or swing trading) and importantly, risk appetite. You can then tie your account to theirs and mirror their positions entirely - meaning if they make a trade, you do too.
Another type of mirror trading involves a bot, known as an Expert Advisor (EA), that executes trades on your behalf based on algorithmic logic. When market data shows that a pattern or trend is forming, the EA will make the trade. Most platforms offer the opportunity to download an EA to your account. On MetaTrader 4 (MT4), these can be purchased from the Codebase.

Mirror trading is a practice that is regulated by relevant authorities across the globe. The UK's Financial Conduct Authority (FCA), in conjunction with ESMA's MiFID directive, defines mirror or copy trading as portfolio management and therefore brokers offering this service must adhere to relevant regulatory obligations.

Pros Of Mirror Trading
Removes Emotional Cues
Mirror trading is automatic and therefore emotion is removed from the equation. Traders may spot a trend forming in the data, but if they've been burned by the forex pair in the past, they may be overly cautious and miss the opportunity. Similarly, if the trader has profited from stock in the past, they may be eager to invest again without proper analysis. Mirror trading prevents this, relying on data points or an experienced trader's success.

Reduces Time & Effort
Trading successfully requires deep analysis and time dedication. Mirror trading removes this element and allows traders who have other commitments to focus on these. The EA or Master Trader will complete the leg work, whilst the investor watches.

Cons Of Mirror Trading
Losses Are Also Mirrored
Mirror trading software places trades automatically on your behalf. While this can mean that successful trades are executed with minimal effort, it also brings risks. It's vital traders understand that returns are not guaranteed and losses can be made if the Master Trader or EA is incorrect.

Control Of Portfolio
Mirror trading automatically means that traders are not in control of the positions being executed. Whilst this can be beneficial as it means the time and effort is removed, it also means that traders are placing a lot of trust in the algorithm or Master Trader.

Limited In The US
Most platforms that provide mirror trading features (such as eToro or XM) do so on CFDs rather than the underlying asset. CFDs (contracts for difference) are an agreement between the trader and the broker to exchange the difference in the value of an asset between the open and close position. Essentially, it allows traders to profit from changes in an asset's value without owning it. CFDs are heavily regulated in the US so American traders may have problems finding a broker that will offer them.

First High-School Education Group Co., Ltd. ("First High-School Education Group" or the "Company") (NYSE: FHS), an education service provider primarily focusing on high schools in Western China, today announced that it has received a letter (the "Letter") from the New York Stock Exchange (the "NYSE") dated June 21, 2022, notifying the Company that it is below compliance standards due to the trading price of the Company's American depositary shares (the "ADSs") and that the applicable cure period for the Company to regain compliance expires on December 21, 2022.To get more news about Graduation, you can visit wikifx.com official website.

Pursuant to applicable NYSE continued listing standards, a company would be considered "below criteria" by the NYSE if the average closing price of a security as reported on the consolidated tape is less than $1.00 over a consecutive 30 trading-day period. Once notified, the company must bring its ADS trading price and average ADS trading price back above $1.00 within the applicable cure period following receipt of the notification. The company can regain compliance at any time during the cure period if on the last trading day of any calendar month during the cure period the company has an ADS closing price of at least $1.00 and an average ADS closing price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month. In the event that at the expiration of the cure period, both a $1.00 ADS closing price on the last trading day of the cure period and a $1.00 average ADS closing price over the 30 trading-day period ending on the last trading day of the cure period are not attained, the NYSE will commence suspension and delisting procedures.
About First High-School Education Group

First High-School Education Group is an education service provider primarily focusing on high schools in Western China. The Company aspires to become a leader and innovator of private high school education in China, with the focuses on a comprehensive education management integrating education information consulting, education research project development, education talent management, education technology management, education service management, and general vocational integration development services. For more information, please visit https://ir.diyi.top/.

Forward-Looking Statements

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the "Risk Factors" section of the preliminary prospectus filed with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and the Company specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Unless a person has a formal financial background or past trading experience, he needs to educate himself or else markets will chew up and spit him out fast! He will FOMO into trades at the worst time, he will get shaken out of good trades too early, he will close bad trades too late, he will have the wrong trade size and poor trade execution.To get more news about Summer School, you can visit wikifx.com official website.

There is a thousand ways to get slaughtered if one is not prepared and equipped with at least the basic tools, knowledge, and training.

Sure, there are some self-made successful traders but ask them how much they had lost on rookie mistakes before they got their winning rates above 50%.

Remember, trading is a zero-sum game. Someone has to lose for someone else to win. One trader's loss is another trader's profit.

Do you know why Roman armies had so much success in the long run? Sure, they may have lost a battle here and there (Pyrrhus, Hannibal), but they almost always won the war. Why? Combination of intense training, new and improved weapons, knowledge of their enemies, and strict organization.

And that is exactly what a trader needs to succeed: knowledge, training/practice, best tools, and trading plans. That is where altFINS comes in.

altFINS put together a series of 10 lessons that teach users key trading principles and how to apply them in practice. The trading course is led by none other than altFINS' CEO and Founder, Richard Fetyko.

Instead of boring theory, we focus on practical use with live trade examples. Sure, we cover some theory on what is an RSI, MACD, SMA/EMA and such. But most of our time we are applying these concepts in markets in real time.

Lesson topics include Foundation of Technical Analysis (TA), moving average crossovers, pullback in Up (Down) trend, momentum, oversold at support (overbought at resistance), trading ranges, trading key levels (breakouts and approaches), chart patterns, and risk management.About altFINS. altFINS platform is used by tens of thousands of users to learn trading and find potential trading ideas. The platform launched in August 2020 and has received a Seal of Excellence Award from EIC (European Innovation Council).

With a high-caliber day trading course, you benefit from learning directly from the pros as they expose you to profitable trading strategies and techniques for the managing risk in your stock portfolio. Also, having access to mentors and a community of like-minded people provides the additional insight and support beginning traders need to keep them moving forward. To get more news about Kindergarten, you can visit wikifx.com official website.

However, not all courses are created equal. They can vary widely in terms of the instructors' experience and track record, the course structure, the quality and quantity of learning tools and resources, and the value you receive for your time and money. Some are outright scams. In this roundup, we increase the chances you'll find a high-quality course that can set you on the path to success. To get you there, we reviewed 20 of the more popular day trading courses to find the best in six categories.
The Bear Bull Traders educational program offers an in-depth learning track for traders at every experience level. Couple their expert instruction with an interactive trading community, extensive learning resources, and close support-all at a reasonable price-and you have the best overall trading course.

World-class trader Andrew Aziz created Bear Bull Traders in 2016 to provide traders at all levels the opportunity to learn from the experts in a community environment. The trading courses are based on the strategies discussed in Andrew's best-selling books. The program guides members through every step of the trading process and strategy development. It is the only course we found that a psychology team that includes clinical psychologists.

In addition to its vast video library, the program provides access to weekly webinars, downloadable resources, a real-time trading simulator, and a popular online community of active day traders. Traders can connect and learn in two different chatrooms too. Members also have access to experienced mentors, including Andrew Aziz.

You can take the Bear Bull Traders for a test drive with a seven-day paid trial that costs $39. However, it is not a full trial and only includes chat rooms and a getting-started training. There are two membership options. One costs $99 monthly and offers access to chat rooms and the essentials course. The other option is the Elite package which is $199 monthly or $1,199 annually.
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With this membership, you also get the advanced course, psychology team access, webinars, and mentorship. Purchasing the annual membership also includes 1:1 psychology coaching.
In addition to a suite of trading courses for traders of all experience levels, Warrior Trading students have access to a wildly popular chat room, live trading demonstrations, group mentoring, and an extensive resource library. That's why we chose Warrior Trading as the best day trading course for a comprehensive offering.

Warrior Trading is the brainchild of top trading guru Ross Cameron. Its Warrior Pro course is extremely comprehensive and includes everything from a starter course to advanced material. It also offers a free course to get started on learning the fundamentals before committing to its paid courses.

The Warrior Pro program begins with starter material before working its way up to advanced courses such as small and large cap day trading, swing & options trading, active investing, and day trading in IRAs. Students also get live group mentoring, live trading chat rooms, recorded materials, live trading archives, and stock screeners. A simulator for practice can be purchased as an add-on. Access for 90 days to Warrior Pro costs $4,297, after which members pay $197 monthly for continued access. Additionally, there is a yearly option for $5,997.
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The Bullish Bears' mission is to make successful day traders out of anyone who wants to learn. Hence, the low monthly membership price of $47 ($497 or $997 for lifetime access) that gives you access to a wide range of learning resources and tools, including a top-tier course, an interactive chat room, live-streaming trading rooms, and other valuable trading tools. For all that, Bullish Bears makes our list as the best value in a day trading course.

Bullish Bears has managed to attract a significant following, as evidenced by its more than 90,000 subscribers to its YouTube channel. People might come for the low membership price, but they stay for the energetic and highly supportive community found in its chat rooms. With live streaming of trades planned and executed by a team of professional traders, the trade rooms are a learning experience on their own. The company doesn't offer a simulator, but you could seek a third party one to practice.

The Bullish Bears encourages everyone to start with its 7-day free trial, which provides access to almost everything offered through the $47 monthly membership, including all courses, daily watch lists, chat room, live-streaming trading room, trade alerts, and other trading tools. Members can save money by purchasing lifetime access if they end to remain a member for an extend period of time. This option currently costs just $497, but may rise to $997.

Trading the forex market can be tricky - with so many things to consider, becoming profitable is challenging for many traders. However, forex robots are one tool you can use to take your trading to the next level in a completely automated fashion.To get more news about Forex Robot, you can visit wikifx.com official website.

In this guide, we'll discuss the Top Forex Robots with Provable Results 2021, covering some of the best options available on the market and showing you how to download and install one so that you can begin trading effectively today.
Are you looking for the top forex signal providers? Look no further - the forex signals services below are some of the top options available on the market today. In the following section, we'll explore each of these forex signals providers in detail, helping you choose the best option for you.

1. eToro
eToro is not strictly speaking a forex robot. However, it provides a trade copying service that works in a similar way. Users on the platform can sign up and follow ‘Pro Traders' to mimic their trades automatically.
What Is A Forex Robot?
A forex robot is a specialised piece of software that will automatically trade the forex market on the user's behalf. These robots have specific rules and algorithms embedded into their service that will identify opportunities and place trades according to the particular strategy it employs. All of these tasks are done automatically and require no manual input from the trader.

Forex robots tend to be installed on MT4 or MT5 and link with your broker account, thereby allowing them to automatically place trades without your approval. Furthermore, because these robots are software-based, trades are identified and placed far quicker than a human could do it manually - meaning that opportunities are acted upon speedily. In turn, this can lead to better entry points and more profits.
As you can see from the list above, many different forex trading robots are available on the market. Each of the automated forex trading robots will have its own strategy, which will have been designed and tested by the people who created the robot. These strategies are primarily based on an ‘if/then' rule, which means that ‘if' certain conditions are met, ‘then' this type of trade will be made.

The best forex robots are typically available through the provider's website and downloaded directly onto your computer. Robots can either have a free or paid version (or both), each with different features and abilities. Many providers will also showcase the robot's win rate on the website to entice people to purchase it.

Due to the points raised above, forex trading robots are popular with traders of all proficiency levels. In addition, forex robots do not sleep (obviously), meaning that they are in operation 24/7, ensuring that potentially lucrative opportunities are not missed. This is one of the major selling points and benefits of using these forex tools.

How Do Forex Robots Work?
It's essential to get a grasp of how the best forex robots work before purchasing one. Firstly, forex robots will require access to your trading capital. This is something that is a necessity as the robot will place trades on your behalf. Some people may worry about this aspect, so it's important to do your due diligence and ensure the robot is legit before going ahead.

The most common way to install a forex robot trader is through the trading platforms MT4 or MT5. Usually, this is very easy to do, as most robot providers will have detailed instructions walking you through the install process. Once installed, you'll also need to make sure that your broker account is linked to MT4/MT5 so that the robot can trade on your behalf.

Before letting the robot do its thing, you'll also be able to set up specific parameters which the robot will abide by. These parameters could be things like position size, use of leverage, stop-losses, and so on. It's essential to set these up so that you are only risking what you can afford to lose and that you are protected in the instance that a trade goes wrong.

Once everything is good to go, the robot will be launched and get to work. As mentioned earlier, the best trading robots typically work using an ‘if/then' policy. Here is an example to showcase how this may work:

You have a robot that will focus on EUR/USD and activate if the RSI for EUR/USD dips below 30 - this is the ‘if' factor.
If the robot notices EUR/USD's RSI drop below 30, it will instantly place a buy order - this is the ‘then' factor.
Although the example above is relatively simple, it highlights how a forex robot trader will typically work. Some robots will have much more advanced ‘if' policies to determine opportunities, whilst others will have more basic ones - this all depends on which robot you opt for.

IG, established in the UK in 1974, is one of the biggest CFD brokers in the world. It is regulated by several bodies globally, including top-tier regulators like the UK's Financial Conduct Authority (FCA) and Germany's Federal Financial Supervisory Authority (BaFin). IG Group is listed on the London Stock Exchange.To get more news about IG Pros and Cons, you can visit wikifx.com official website.

IG is considered safe because it is listed on a stock exchange, discloses its financials and is overseen by top-tier regulators.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are not provided for US clients. Forex trading involves risk. Losses can exceed deposits.
IG pros and cons
IG has a well-designed and user-friendly web trading platform that is easy to customize. You will find many useful educational tools on the website. Funding and withdrawing money is easy and there are multiple options.

On the other hand, IG's trading fees are high for forex and stock CFDs. The product portfolio is limited, as in most countries IG offers only CFD and options trading. Customer support could be better.
How we ranked fees
We ranked IG's fee levels as low, average or high based on how they compare to those of all reviewed brokers.

First, let's go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees.
In the sections below, you will find the most relevant fees of IG for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates.

We also compared IG's fees with those of two similar brokers we selected, eToro and XTB. This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of IG alternatives.
We know it's hard to compare trading fees for CFD brokers. So how did we approach the problem of making their fees clear and comparable? We compared brokers by calculating all the fees of a typical trade for selected products.

IG has mostly average CFD trading fees. Stock index CFD fees are rather favorable but for stock CFDs the broker charges high fees, mainly because of high minimum fees ($15/£10). In the UK and Ireland, you can use spread betting instead of CFDs.

At IG, commission for the UK and US markets depends on how many trades you made in the preceding months. For example, if you traded UK shares more than two times, your commissions per trade for UK shares will be £3 instead of £8 for the next month. In the case of US shares, if you traded more than two times, you will be able to trade commission-free next month.