Exness's Trading Central. Table of Contents
Trading Central of Exness
By opening an account with Exness, you can get a free access to the Trading Central.
Get actionable top-down analysis through the unique combination of experienced analysts and automated algorithms today.
Use helpful analysis and trading tools to monitor and anticipate potential events that will set the markets in motion.
Here are the main features of Exness’s Trading Central which you can access as a client of the broker.
- Featured Ideas
- Get bullish and bearish investment ideas based on technical and fundamental analysis. Supported by tried and tested strategies.
- Strategy Newsletter
- Get trading ideas and the latest market news sent straight to your inbox via an email newsletter.
- Daily Market Analysis
- Stay up to date on what’s going on in the markets with the help of daily market updates. Supported by analyst research and proven indicators, this is suitable for all types of traders, from intraday to long-term traders.
- TC Market BUZZ
- This AI news portal monitors the huge amount of content published online to provide a concise, accurate view of any instrument.
- TC Analysis Platform
- A helpful multi-asset analysis platform developed on the basis of award-winning methods and powerful pattern recognition.
- Web TV
- Straight from the NYSE trading floor – get useful trading ideas and stay conveniently informed about the latest developments in the industry.
Access to EXNESS’s Trading Central
Important CFD Trading Tips
The most important thing to think about when you start trading CFDs is the importance of understanding what you are trading.
The old adage “knowledge is power” is not just a theory, and researching the various assets and trading strategies should be a priority.
Whether you want to trade CFDs on stock, commodity, forex (currency pairs) indices, or cryptocurrencies, the analysis should play a major factor in deciding how to trade the asset.
Another important point is that trading in the financial markets has the ability to be profitable, but it can also be extremely risky.
So never open a trade on a whim.
We’ve put together a few things to keep in mind when trading CFDs.
These are basic guidelines that you can use throughout your trading career.
1. Choose your Analysis Type carefully
Many traders choose to use technical analysis to determine the best time to enter and exit a position.
This can be a useful tool as the majority of CFDs are not used for long-term positions.
However, it can be just as important to understand the general basic state of the assets you are trading.
Whether you use technical analysis, fundamental analysis, or a mix of both when trading CFDs, make sure it suits your trading style.
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2. Be aware of the hidden trading psychology
Financial markets can be an emotional roller coaster ride, and it’s hard to keep your emotions under control.
So it is best not to act with emotions.
The choice of your next position or the next action with an asset should not be made out of gut feeling but as a result of the analysis.
Don’t choose to trade an asset just because you like the symbol.
It is still important to have goals and strategies and stick to them.
Once you have achieved your goal, you can always redefine your strategies and goals.
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3. Trading tools and Responsible trading
Use the trading tools as part of your strategy.
Use functions like Take Profit or Stop Loss that allows you to automatically close your positions when they reach certain conditions, thereby minimizing your potential losses.
To trade responsibly, make sure you understand the risks of trading CFDs.
The use of leverage and margin when trading CFDs can seem very tempting and actually result in the fact that you can earn more if the price of the asset moves in the direction you choose.
However, if the price moves in the opposite direction that you chose it can have a significant impact on your capital and you can lose a lot.
Always control your trades and only risk what you can afford.
The use of leverage and margin can be very profitable if you are successful as they can help you increase your returns.
However, should the price of the asset move in the opposite direction, it could have a significant impact on your bankroll.
Make sure you are in control of your trades and only risk what you can afford.
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What is technical analysis?
Technical analysis can be defined as the study of market behavior.
This analysis is made with the help of various graphs, indicators, and reports in order to best speculate about the future development of the price of an asset.
Technical analysis can be thought of as examining the history of the asset.
Technical analysis is based on 3 basic assumptions: prices move in trends, history repeats itself, and the stability of an asset is reflected in its price.
- Price movement in trends is the belief that at every moment in the market there are certain circumstances that define a certain movement. With the help of technical analysis, you can define the circumstances that lead to the various movements.
- If history repeats itself, it means certain market trends repeat themselves. To best determine which direction the asset will go (rise or fall), technical analysts examine and compare the past behavior of the asset.
- The stability of an asset is reflected in its price – understanding that there are many elements that can affect the market and this is reflected in its stock prices. Prices can go up or down depending on the supply and demand of a said asset. In technical analysis, what matters to the trader is the consequences, not necessarily the factors causing the price change.
Technical analysts believe that there are no random price fluctuations in the market and if you employ the right strategies you can spot them in advance.
Many technical indicators are used and viewed by technical analysts, including popular indicators such as the moving average, the Fibonacci retracement indicator, and the relative strength index (RSI).
CFD traders who apply technical analysis to their trades use historical market trends to predict the asset’s upcoming moves.
Patterns of price change help them speculate on future movement and give traders an indication of the up/downtrend in the price of an asset so that they can develop an appropriate strategy.
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What is fundamental analysis?
CFD traders who use fundamental analysis to trade examine various factors and events that can affect the price of an asset.
While using a varying number of fundamental instruments (e.g. economic calendar) and analyzing economic data, fundamental analysts look for the intrinsic value of the asset.
The data collected can vary and be linked together to study price movements, be it global events like war or simply corporate data.
The techniques and tools of fundamental analysis have been categorized into two types; a “bottom-up” analysis starts with a particular asset and expands its scope to include all factors that can affect its price.
A “top-down” analysis takes a much broader perspective and starts with the market as a whole and then narrows down more and more.
It is important for fundamental analysts to follow general global headlines, rather than just financial headlines, in order to best put the information gathered into a larger context.
3 main factors to consider in fundamental analysis:
- The publication of economic data such as unemployment rates and interest rates can play a large role in the volatility of an asset.
- Weather and natural events are factors that have a major impact on the supply and demand for certain assets and that can cause prices to rise or fall.
- Politics and political events, as with many aspects of life, can have a significant impact on the price of certain assets.
Traders can use fundamental analysis to gather the necessary information required for an informed trading strategy.
It can also help traders anticipate and predict price trends to get a longer view of the market.
For example, if the fundamental analysis is used to look at a particular stock, traders performing fundamental analysis should consider factors such as mergers and acquisitions, company news, earnings reports, natural and major weather events including extreme heat or cold, geopolitical and global economic events, and changes in interest rates in considering to develop your strategy.
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Get free access to Trading Central
Exness customers now have access to Trading Central products.
Exness clients have access to Trading Central’s newsletter service and receive daily analysis with new opportunities, trading plans and expert market overviews.
At Exness, it knows the importance of information, so Exness provide all customers with the best tools available on the market.
Market Intelligence is an intuitive and user-friendly tool. A concise and accurate look at market sentiment for every sentiment-based instrument daily posted from professional articles, social media and personal blogs.
For full access to Market Information, Log In or Register Now.
- ECONOMIC INFORMATION
- Exness clients can track, predict and act on market-moving economic events with Economic Intelligence. The tool provides real-time data, powerful volatility and impact analysis, with interactive charts allowing Exness clients to identify and assess how events are affecting FX pairs.
- TRADE IDEAS
- Exness customers can get live growth or decline ideas based on technical and fundamental analysis, and backed by a back-tested strategy. The Trade Ideas feature will provide trading ideas on their favorite currency pairs, keeping time frames and technical analysis methods with Trading Central’s personalized and automated settings.
- ECONOMIC CALENDAR
- Exness knows it’s important to stay up to date on economic and market events when trading, so the Real-Time Economic Calendar is available to all Exness customers. Calendar helps clients stay updated and track market activities across 38 different countries, by day, week, month or select a time period. The calendar is available below and on the customer portal Exness.
- ANALYTICS’ VIEWPOINTS
- Exness customers now have access to Trading Central’s financial market research solution. Analyst view mode offers a combination of senior analyst expertise and automated algorithms. TC’s exclusive pattern recognition continuously monitors the market to deliver actionable trading plans based on award-winning methodologies validated by professional market technicians before being published.
- ALPHA INDICATIONS
- Exness knows how important it is to stay up to date and have the right tools in place, so Exness empowers all clients by giving them access to the Alpha Indicator. The Alpha Indicator provides three innovative indicators that show market sentiment and assist in identifying new trade opportunities and potential entry/exit points. These indicators are stacked, with a directional view on every MT4/MT5 chart and help users to improve their investment returns.
Access to EXNESS’s Trading Central
Please check EXNESS official website or contact the customer support with regard to the latest information and more accurate details.
EXNESS official website is here.
Please click "Introduction of EXNESS", if you want to know the details and the company information of EXNESS.
(Forex Broker)
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!