LiteFinance

2021-04-08 14:28:02 Have you seen yesterday's video yet?!
Hurry up and join the channel, this is limited information!



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2021-04-08 13:16:51 Be careful during news releases, it can ruin your trade... More information in Michael's new video! Ask him questions in the comments


Free education: https://www.liteforex.com/blog/ Open / Comment

2021-04-08 11:26:42 Short-term analysis for oil, gold, and EURUSD for 08.04.2021

I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.

Yesterday, a gold price correction to the Additional Zone 1732.9 - 1731.6 occurred. After that, major traders entered purchases.



Oil price forecast for today: USCrude analysis

Yesterday, the oil price rose to the resistance level of 60.05, then fell and rose again. The day closed in neutral territory for bulls and bears. However, the short-term trend remains down. The target of the trend... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/cHci Open / Comment

2021-04-08 10:18:41 Dollar is to make concessions. Forecast as of 08.04.2021

A compromise between the White House and the representatives of large corporations on the new tax payments could result in the continuation of the Treasury yields rally. If so, the euro bears could go ahead. Let us discuss the Forex outlook and make up a EURUSD trading plan.

Weekly US dollar fundamental forecast

The widening foreign trade deficit amid the increase in imports usually means the economy’s overheating. However, the Fed and the US administration seem to be unwilling to manage the situation. In February, the US trade deficit reached a record high of $71.1 billion. Nevertheless, Joe Biden continues... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/cH3Z Open / Comment

2021-04-08 09:18:31 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 08.04.2021

I welcome my readers!

I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.

Bitcoin and Ethereum have completed corrective waves. The prices should start rising in impulse waves.



Elliott wave Bitcoin analysis



The hourly timeframe of the BTCUSD price chart displays the impulse wave [5] with wave 5 unfolding inside. Wave 5 is composed of the sub-waves [1]-[2]-[3]-[4]-[5] of a smaller degree. The market must have completed the corrective down wave [4] as a simple zigzag (A)-(B)-(C). If the assumption is correct, the market should... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/cHSk Open / Comment

2021-04-07 19:37:10 Any profitable trader is likely to say that losing is as much a part of trading as winning.
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He will also tell you that there is no “holy grail” or indicator, method, strategy, or system that would be profitable in 100% of cases.
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But Forex would be completely different if it were not for the constant grail hunters in which hope lives
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Here are three reasons why the Grail does not exist:
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You can't prepare for ALL market uncertainties
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One of the advantages of trading: there are factors that affect the currency and make it difficult for a person or group to change prices over long periods of time.
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Unfortunately, this also prevents traders from predicting future price behavior.
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People move the market
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Human behavior is one of the reasons why we still see trading opportunities when the price does not reflect its value based on available data and existing market topics.
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Mike may interpret economic exemption in a different light and place orders in the opposite direction from Harvey.
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Elliot, managing a corporate account, can hold a losing position, and not close a losing trade.
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Multiply these daily scenarios and get an unpredictable mix of potential price reactions.
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No strategy is profitable under ALL conditions
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Like human behavior, there are patterns that tend to repeat on graphs.
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EUR/USD can respond to signals trading in the range of 100 pips for several days. Similarly, you can expect that AUD/JPY will bounce lower from retesting 100 SMA.
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But what if the pattern ends and the price moves to another pattern?
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For example, EUR/USD can suddenly break out of its range and hold the stochastic in the overbought zone when the pair switches to the trendsetting. Stochastic, which was reliable, is now useless while trending strategies are starting to make sense again.
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Most trading systems work well only until the price moves to another model.
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The fact that there is no Holy Grail does not mean that you can't trade profitably on Forex.

Best strategies: http://amp.gs/c3H3 Open / Comment

2021-04-07 19:37:10 Open / Comment

2021-04-07 15:17:16 In the video you will learn
The 3 most effective candlestick patterns
There are many ways to use candlestick patterns but in this video,we combine candlestick patterns with key levels of support and resistance to identify high quality trade opportunities



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2021-04-07 13:37:58 Europe buys stocks. EuroStoxx 50 forecast as of 07.04.2021

The last shall be the first. EuroStoxx 50 was lagging behind the S&P 500 in 2020. But the markets grow on the expectations. If most positive factors have already been priced in the American companies’ stocks, the European stocks are just beginning to go up. Let us discuss the market outlook and make up a trading plan.

Yearly EuroStoxx 5 fundamental forecast

Slow and steady wins. Many of us want to go to the past to buy assets whose value has increased by tens or even hundreds per cent. Although the euro-area economy is recovering slower than the US, the... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/cKAP Open / Comment

2021-04-07 13:07:29 Optimization of LiteForex-Cent2.com trading server work

Dear clients,

Please be informed, that the transactions history on CENT accounts located on the LiteForex-Cent2.com server will be compressed on this Saturday, 10.04.2021.

The history of all trading operations and balance transactions (all types of charges and crediting transactions: affiliate commissions, rollover results, swap charges, internal transfers, deposits and withdrawals, etc.) made on the trading accounts in the period before 01.03.2021 will be compressed into one balance operation the final value of which will be equivalent to the sum of all the transactions over the above mentioned period.

The detailed trading accounts history from the moment of account opening and... Read more here: http://amp.gs/cKUZ Open / Comment