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What Is Naked Forex Trading, and How Do Traders Use It?
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Traders rely on various tools and techniques to trade the forex market. Naked forex trading is one of the oldest and most popular trading approaches among currency traders. This article delves into the details of naked trading, providing insights into its implementation and distinguishing features that set it apart from other analysis techniques.

Understanding Naked Forex Trading

Naked trading is a trading style that involves analysing markets using a clean price chart, meaning one without technical indicators. Traders who use this method make decisions based on real-time price movements and their trading instincts.

Naked trading has its roots in the early days of trading, long before the advent of sophisticated technical analysis tools and indicators. Early traders relied solely on price action and market behaviour to make trading decisions. By stripping away the complexity of modern trading tools, naked trading aims to return to the fundamental principles of trading, emphasising the importance of understanding market psychology and price dynamics.

TO VIEW THE FULL ARTICLE, VISIT FXOPEN BLOG

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

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What Is ICT Turtle Soup, and How Can You Use It in Trading?
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The ICT Turtle Soup pattern is a strategic trading approach designed to exploit false breakouts in financial markets. By understanding and leveraging liquidity grabs, traders can identify potential reversals and enter trades with relative precision. This article delves into the components of the ICT Turtle Soup pattern, how to identify and use it, and its potential advantages and limitations, providing traders with valuable insights to potentially enhance their trading strategies.

The ICT Turtle Soup Pattern Explained

ICT Turtle Soup is a trading pattern developed by the Inner Circle Trader (ICT) that focuses on exploiting false breakouts in the market. This ICT price action strategy aims to identify and take advantage of situations where the price briefly moves beyond a key support or resistance level, only to reverse direction shortly after. This movement is often seen in ranging markets where prices oscillate between established highs and lows.

TO VIEW THE FULL ARTICLE, VISIT FXOPEN BLOG

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

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Is There the Best Time to Trade Stock CFDs?
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If you ask experienced traders, many will say that they trade on certain days or at certain times of the day. Their choice is determined by the market dynamics, volatility, and liquidity. It’s crucial to understand when the best time of the day, week, and month to trade stocks may be. This FXOpen article delves into the intricacies of timing, which may help traders optimise their strategies for greater effectiveness.

Is There the Best Time to Day Trade?
The operational hours of stock markets vary according to their respective time zones, resulting in differing opening and closing times. For example, the US stock market opens at 9:30 and closes at 16:00 local time, while the UK market opens at 8:00 and closes at 16:30 local time.

The theory states that to identify potentially the best time frame for day trading, many traders break the day into four blocks, such as the opening bell, mid-morning, lunch hour, and afternoon, and look at the advantages and challenges that each timeframe presents.

TO VIEW THE FULL ARTICLE, VISIT FXOPEN BLOG

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

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What Is a Parabolic Arc Pattern, and How Can You Trade It?
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The parabolic arc pattern is a significant formation in technical analysis, showcasing rapid, exponential price movements that signal significant bullish momentum followed by sharp reversals. This article delves into identifying, trading, and managing the risks associated with parabolic arcs.

Understanding the Parabolic Arc Pattern
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The parabolic arc or parabolic curve is a technical chart pattern that signals a potential reversal. It is characterised by a steep, exponential rise in asset prices, followed by a sharp decline.

TO VIEW THE FULL ARTICLE, VISIT THE FXOPEN BLOG

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

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CPI Report: How Can You Use It in Trading?
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The Consumer Price Index (CPI) report is a vital economic indicator that measures inflation by tracking changes in the prices of goods and services. Understanding CPI data is crucial for traders as it influences interest rates, market trends, and investment strategies. This article delves into the intricacies of the CPI report, explaining its significance and how traders can utilise it in their trading decisions.

Understanding the CPI

Understanding the CPI is crucial for grasping inflation trends and their broader economic implications. The CPI measures the average price change over time, generally a year, quarter, or a month, for a basket of goods and services typically purchased by households.

TO VIEW THE FULL ARTICLE, VISIT THE FXOPEN BLOG

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

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FXOpen Unveils Refreshed Client Portal to Enhance User Experience
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FXOpen is delighted to announce the launch of its redesigned Client Portal, aimed at providing a more intuitive and engaging user experience for our traders.

The new Client Portal boasts a modern and streamlined design, offering traders a seamless experience across all devices. With a focus on user-friendliness and accessibility, the revamped Portal features include:

Simplified navigation: An intuitive menu structure and improved navigation allow traders to easily explore our services, manage deposits and withdrawals effortlessly, with improved functionalities.

Enhanced visuals: Rich, captivating visuals and an updated design aesthetic provide a more engaging experience, complemented by high-quality imagery and an intuitive colour scheme.

Optimised performance: The redesigned Portal offers faster loading times and improved performance, ensuring swift access to information and a smoother overall experience.

Personalised settings: our clients can customise their preferences and tailor their experience according to their individual needs.

Responsive design: The Portal’s responsive layout ensures optimal viewing and functionality on various devices, from desktops to tablets and mobile phones, providing a consistent and user-friendly experience.

Enhanced security: We have implemented refactored security flows to provide you with enhanced security and significantly faster confirmation of actions, ensuring a more seamless and secure client experience.


Explore the Client Portal


VIEW FULL NEWS VISIT - FXOpen Company News...

#fxopen #fxopencabinet

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

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  • 2 weeks later...

Ebru Goren Solidifies Lead With 127.05% Gain

Hi there,

We are excited to announce that Ebru Goren continues to hold the first-place position in the championship, increasing their gain to an impressive 127.05%.

Additionally, we have three Follow Trader Strategy accounts featured in the top 5 of the championship standings:

  1. Vesbolt Ltd. from Malaysia
  2. Evgeniy Gavrilov from Russia
  3. Eduardo Soares Bogosian from Brazil

These top-performing managers demonstrate diverse trading strategies and consistent results, contributing to a highly competitive championship environment.

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Please visit the Standings section for detailed insights and performance reviews of these outstanding accounts. Stay tuned for more updates as the competition progresses, and join our community right now if you're confident and eager for growth!

#forextrading #tradingstrategy #forexcup

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

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Tough times may come, but remember, they don't last – tough people do!

Embrace the challenges, adapt, and come out stronger.

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#Motivation #Inspiration #NeverGiveUp #MondayMotivation

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  • 2 weeks later...
Posted (edited)

Introducing Our New Service: Automated Expert Advisors and Indicator Script Fixes for FXOpen International Clients!
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We are thrilled to announce a valuable addition to all FXOpen International clients. Now, you have the opportunity to optimise your trading experience through our specialised service for writing Expert Advisors and fixing indicators and scripts.


Automate Your Trading with Expert Advisors

Take advantage of our expertise in creating powerful Expert Advisors tailored to your unique trading strategies. Our team is dedicated to developing solutions that align perfectly with your trading goals, enabling you to execute trades with greater efficiency and precision.

Enhance Your Indicators and Scripts

If you're seeking to enhance the performance of your indicators or scripts, our service has got you covered. Fine-tune your existing indicators and scripts to provide more accurate insights and better align with your trading preferences.

Easy Process for Ordering

Ordering our Expert Advisor or indicator/script fixing service is simple and accessible to all registered FXOpen International clients on our forum. Just visit the forum thread and leave your task for our skilled programmers to handle.

Best of All, It's Free!

We value our clients' success, and that's why we are delighted to offer this service completely free of charge. Your success is our success, and we are committed to supporting your trading journey.

VIEW FULL NEWS VISIT - FXOpen Company News...

Disclaimer: This news is about the services of the FXOpen INT company only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the the FXOpen INT, nor is it to be considered financial advice.

RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

Edited by Resolve
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  • 2 weeks later...

Two-time Champion Returns To The FTC

Hi there,

Exciting news for the ForexCup Trading Championship as Seyit Altuntas, the winner of two consecutive seasons, returns to the competition. Hailing from Turkey, Seyit left an indelible mark on the championship by achieving an astounding final gain of 2430.24% during his victorious run in 2023.

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Seyit set a high standard as a two-time champion, and his return adds a new layer of excitement to the championship. With a history of performance, all eyes are on Seyit to see if he can once again dominate the field and repeat his past success.

Stay tuned as the ForexCup Trading Championship heats up. As the 2024 season unfolds with more exciting events, we invite traders who are confident and eager for growth to join our community!

Enroll in FTC 2024

#forextrading #tradingstrategy #forexcup

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

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  • 3 weeks later...

New Forex Pairs Added: EUR/ZAR and USD/ZAR Now Available for Trading
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Due to increased client demand, FXOpen is delighted to announce the addition of two new forex pairs to our growing list of markets: EUR/ZAR (Euro/South African Rand) and USD/ZAR (US Dollar/South African Rand). We are committed to continuing to provide our traders with access to diverse opportunities in global markets.

Why Trade EUR/ZAR and USD/ZAR?

South Africa is one of the largest and most dynamic emerging markets. The South African Rand (ZAR) is heavily influenced by global factors, including commodity prices and emerging market sentiment. These characteristics create unique trading opportunities for those looking to diversify their strategies.
The EUR/ZAR and USD/ZAR currency pairs are particularly popular due to their volatility, making them ideal for traders who are experienced in managing risk.

Ready to Start Trading EUR/ZAR and USD/ZAR?

Log in to your ECN trading account today to explore the opportunities presented by EUR/ZAR and USD/ZAR. These pairs are available on all FXOpen trading platforms; TickTrader, MT4, MT5 and TradingView.


Trade Now


VIEW FULL NEWS VISIT - FXOpen Company News...

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

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What Are the Most Popular Trading Exit Strategies?
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In trading, having a solid exit strategy is essential for managing risk and securing potential returns. This FXOpen article explores four popular exit strategies, offering traders a comprehensive look at how to refine their exit plans and potentially improve their trading performance.

The Importance of Trading Exit Strategies

In the world of trading, whether dealing with stocks, forex, or other financial instruments, having a clear and well-defined exit strategy is paramount. An exit strategy not only helps in securing potential returns but also plays a significant role in minimising risks. It ensures that traders have a predefined plan to follow, reducing the impact of emotional decisions on their trading activities.

An exit strategy can be based on several criteria, including technical indicators, a given risk/reward ratio, or a specific level. For instance, in forex trading, deciding when to exit a trade can significantly impact the overall performance of one's trading account.  

TO VIEW THE FULL ARTICLE, VISIT THE FXOPEN BLOG

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

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Follow Our Champions' Strategies!

Hi there,

We are excited to tell you that in our standings are three accounts whose strategies you can join and follow! For example, Evgeny Gavrilov has firmly established himself as one of the top traders in the championship, consistently holding second place for several months. His steady performance and disciplined approach have made him a standout competitor.

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You can benefit from Evgeny's winning strategy by investing in his Follow Trader Strategy account. With a minimum investment of just one dollar, you can follow his proven methods and aim for gains of up to 65%, based on his performance. To get started, visit his account page today and take your first step toward potential financial growth.

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Stay tuned as the ForexCup Trading Championship heats up. As the 2024 season unfolds with more exciting events, we invite traders who are confident and eager for growth to join our community!

Enroll in FTC 2024

Sergey Shirko

#forextrading #tradingstrategy #forexcup

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

Edited by Resolve
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  • 2 weeks later...

Introducing Tamás Kiss: A Seasoned Trader Joining FXOpen PAMM Service

Hi there,

Follow Trader Strategy project welcomes Tamás Kiss, a highly experienced trader with over nine years of trading expertise. Tamás has honed his skills primarily in currencies, precious metals, and indices, making him a versatile trader with a deep understanding of various financial markets. He obtained his stock exchange knowledge through private courses.

Tamás is poised for significant growth. Tamás's goal is to grow his portfolio to €1,000,000 by year-end, aiming to double this amount in the first quarter of the following year.

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Choosing FXOpen as his PAMM service provider, Tamás recognizes the platform as the most advanced in the market. He has a substantial network of investors that he plans to transfer to our platform, focusing on building a long-term, successful business relationship.

We are excited to have Tamás Kiss on board and look forward to a prosperous collaboration meeting all parties' expectations.

FXOpen PAMM

#fxopen #pamm

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

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Fransiska Selbie: From Housewife to Top 5 Trader in ForexCup 2023!

Hi there,

We are excited to share a remarkable success story from ForexCup Trading Championship 2023! Fransiska Selbie, hailing from the UK, has achieved a top 5 position while skillfully balancing her role as a devoted housewife.

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In this exclusive interview, Fransiska reveals her strategies for effective money management, and her unique approach to trading, and offers invaluable insights for aspiring traders.

Her story is inspiring and motivational—don’t miss this opportunity to learn from one of the best! Watch the full interview now by following the link.

Enroll in FTC 2024

#forextrading #tradingstrategy #forexcup

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

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  • 1 month later...

New Contender Joins FTC 2024: South African Trader Josue Nauzaya Ngingasa Sets His Sights On Victory

Hi there,

We’re thrilled to announce that Josue Nauzaya Ngingasa, a formidable trader from South Africa who claimed second place in the last two tournaments, has joined the ForexCup Trading Championship 2024! With the competition running until December 31, the clock is ticking, and tension is rising among the participants. This annual championship is renowned for attracting top-tier traders worldwide, and with Josue now in the mix, the stakes are higher than ever.

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Will Josue finally seize the top position after narrowly missing it twice? As we enter the final months, the competition promises to be fierce, and every trade counts. Stay tuned as Josue and his rivals push their skills to the limit in this thrilling showdown!

Enroll in FTC 2024

#forextrading #tradingstrategy #forexcup

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

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FXOpen offers some of the most competitive spreads in the industry, starting from **0.0 pips**. However, keep in mind that the actual spread can vary depending on the market conditions, the asset being traded, and the account type you have. Spreads tend to be tighter for ECN accounts, but may differ for other types of accounts. You might also want to check their website or contact customer support for the latest details on spread offerings for your specific account type.

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