in forex market,could any body explaine to me why the candles are getting longer this days than before?

Wednesday, November 27, 2013 , Posted by Ryanita at 12:00 AM

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samatefm


i noticed i the daily chart for many currencies ,for about three months ,candles were so small.mot more than 40-80 pips in day.but in the last few months ,candles become very long.about 100-200 pips in day and some times more,what is the reson for that change


Answer
the length of the candlestick represents the range of the currency during the time span represented by each candlestick. when volatility increases in a market the average daily range increases. when currencies move relative to each other expect volatility to increase. the dollar started to gain against many currencies a few months ago. that is the point that the volatility picked up and the candlesticks became longer.

What is the best platform to trade from.?




live,laugh


Does anyone know the best trading platform for the stock market not forex.with level 2 feeds and what the min is to open an account on the platform.Please help I really need this as soon as humanly possible


Answer
Well that depends which type of trading you want to do and what are your requirements. I am a forex trader last 3 years and well settled with Finexo.com.

There are some features that might give a brief idea about the same.

- Minimum Deposit : $100 Dollars
- Accounts Type: Mini, Classic, VIP
- Leverage: 200:1
- Platform : Web-based
- Deposit Methods: PayPal,MoneyBookers, Liberty Reserve,
E-Bullion, Credit Card and Bank Transfer
- Language support for over 30 languages
- Stable and user friendly trading platform, suited for beginner, intermediate and professional traders.
- Good daily recommendation and market reports.
- Useful mobile phone service and good customer support.
- 3 pips spread for classic account with $500 deposit
- Is regulated by European Community

I would also suggest to get right education before starting with any of the broker.

Regards




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