Solid ECN | %40 Deposit Bonus

Solid ECN

Active Trader
Mar 3, 2022
625
3
34
40

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GBPUSD, correction before the speech of the Bank of England Governor

Traders remain concerned about the situation in Eastern Europe, and are also trying to assess how much the global economy will slow down, given the unprecedented sanctions restrictions against the Russian economy. Earlier, the United Kingdom, following the United States, announced a complete embargo on oil and gas supplies from Russia, sharply condemning the conduct of a special military operation on the territory of Ukraine. EU countries cannot yet completely abandon Russian energy resources, but are trying to find ways to reduce their dependence.

In the meantime, quotations on the commodity markets are once again showing strong growth after some correction, which has an extremely negative impact on global inflationary risks. According to a survey by The Sunday Times, 67% of UK citizens already face difficulties in paying for heating and electricity. In early February, the UK consumer electricity price cap was increased by 54% and from 1 April the monthly charge for each household could rise by 693 pounds a year.

Resistance levels: 1.32, 1.3250, 1.33, 1.335.
Support levels: 1.31, 1.305, 1.3, 1.296.

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Solid ECN brings vital advantages for forex traders in the US, EU, and beyond
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Solid ECN

Active Trader
Mar 3, 2022
625
3
34
40

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NZDUSD, upward momentum begins to weaken

The New Zealand dollar shows mixed trading dynamics against the US currency in the Asian session, consolidating near the support at around 0.69.

Yesterday the instrument fell sharply, but this was due only to technical factors, as well as market hopes that the US Federal Reserve will accelerate the tightening of monetary policy in the near future. In particular, it is assumed that the regulator will raise the interest rate in May by 50 basis points at once, and will also launch quantitative tightening mechanisms. In addition, the benchmark 10-year US Treasury yield hit a multi-year high of 2.557% the day before, making the US currency even more attractive to invest in.

The demand for the US dollar is also supported by the development of the military conflict in Ukraine. Traders are frustrated with the negotiation process, which has not led to any results so far. In turn, the sanctions pressure is only increasing, and Russia is already preparing to take retaliatory measures. In particular, Russian President Vladimir Putin ordered all payments for gas to be converted into rubles, which many European countries considered a violation of existing contracts. In addition, the authorities of Shanghai, home to about 25 million people, have introduced a record in two years lockdown due to the outbreak of the coronavirus. For the duration of the restrictions, transport communication will be stopped, most enterprises will switch to a remote mode of operation. Experts believe that a prolonged lockdown could affect demand for commodities such as crude oil, as well as threaten to collapse the global economy.​

Solid ECN brings vital advantages for forex traders in the US, EU, and beyond
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Mar 15, 2022
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We have inflation concerns at Solid ECN Securities. Therefore we came up with an ultimate solution by providing multiple wallets to our customers. They can save their assets, investments, and profits in the most demanded currencies and cryptos.

> Euro wallet
> Bitcoin wallet
> US dollar wallet
> Pound sterling wallet
> Canadian dollar wallet

Solid ECN offers trading more than 250 products with a Bitcoin based account in a true ECN environment!​

Solid ECN brings vital advantages for forex traders in the US, EU, and beyond
solidecn.com

 

SOLIDECN

Master Trader
Nov 16, 2021
3,376
23
54
40

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Pending Orders – Key to Money Management​

A money management system is based on a plan. It means that the trader already knows how much to risk on every single trade, the entry and exit level, and what the next step should be.

The only thing difficult to estimate is the time it takes a trade to reach the target. If the analysis is wrong, the trade may be stopped sooner than expected. Even if the analysis is correct, the market may take an unexpectedly long time to reach the target.

Plan your trade and trade your plan. This is what using pending orders suggests – a plan is in place.
Traders using a plan have a big advantage in front of traders that use a random system. Yet, building a plan and executing it is a totally different process.

Patience is key. Depending on the timeframe the analysis is based on, it may take days, weeks, or even more until the price reaches the desired level.

Moreover, traders using pending orders are often “ahead of the curve.” Effectively, it means that the market may continue in the opposite direction for some time before reacting.

The beauty of using pending orders is that they allow a trader to:

Buy into strength – buy-stop orders in trending markets
Sell into weakness – sell-stop orders in trending markets
Buy into weakness – buy-limit orders as contrarian trading
Sell into strength – sell-limit orders as contrarian trading​


Solid ECN brings vital advantages for forex traders in the US, EU, and beyond
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Mar 15, 2022
88
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EURUSD Retests 1.10 Again

The USD continued to move higher on Monday, pressing the most traded FX pair to the critical support at 1.10.
Earlier in the day, the German trade balance for February improved from 8.8 billion EUR to 11.5 billion EUR, with exports rising 6.4% monthly while imports rose to 4.5%.

Additionally, the EU Sentix investor confidence crashed more than expected in April, falling to -18, down from -7 previously, and against expectations of -9.2. Later today, the US factory orders for February are seen falling to -0.5%, down from 1.4% booked in January. The bearish pressure on the EURUSD should continue as the divergence in monetary policies between US and EU keeps rising.

The following support for the euro is seen at 1.10, where the psychological level is converged with the short-term uptrend line. If that level is broken to the downside, we might see a drop toward 1.0930.

Alternatively, the pair must climb above 1.1050 in order to stabilize from the short-term perspective, while the key resistance remains near 1.1150, where the 50-day moving average stands (the purple line).​

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Solid ECN brings vital advantages for forex traders in the US, EU, and beyond
solidecn.com

 

Solid ECN

Active Trader
Mar 3, 2022
625
3
34
40

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12 Benefits of Cryptocurrency in 2022
Part 1/4​

Crypto is a relatively new asset class that began with the creation of the Bitcoin blockchain in 2009. The primary benefit of Bitcoin and most other cryptocurrencies based on blockchain technology is that they don’t have a central authority, payment processor, or company owner.

1. Easy Transactions
Crypto transactions can be made easily, at low cost, and in a manner more private than most other transactions. Using a simple smartphone app, hardware wallet, or exchange wallet, anyone can send and receive a variety of cryptocurrencies.

Some types of cryptocurrencies, including Bitcoin, Litecoin, and Ethereum, can be bought with cash at a Bitcoin ATM. A bank account isn’t always required to use crypto. Someone could buy bitcoin at an ATM using cash then send those coins to their phone. For people who lack access to the traditional financial system, this may be one of the biggest pros of cryptocurrency.

2. Incredible Security

Because they are based on cryptography and blockchain security, decentralized cryptocurrencies tend to make for secure forms of payment. This might be one of the most certain benefits of cryptocurrency.

Crypto security is determined in large part by hash rate. The higher the hash rate, the more computing power it would take to compromise the network. Bitcoin is the most secure cryptocurrency, having the highest hash rate of any network by far.

Using a crypto exchange is only as secure as the exchange itself, however. Most incidents of crypto being hacked involve exchanges being hacked or individuals making mistakes.

3. Short Settlement Times and Low Fees
While some people only want to invest in cryptocurrency for price appreciation, others might find benefit in the ability to use crypto as a medium of exchange.

Bitcoin and Ether transactions could cost anywhere from nickels and dimes to several dollars or more. Other cryptocurrencies like Litecoin, XRP, and others can be sent for pennies or less. Payments for most cryptos settle in seconds or minutes. Wire transfers at banks can cost significantly more and often take three to five business days to settle.​



Solid ECN brings vital advantages for forex traders in the US, EU, and beyond
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Mar 15, 2022
88
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Solid ECN Securities


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Solid ECN Securities is a team of experts with more than a decade of experience in trading, IT, and brokerage development. Gradually over the years, we collected priceless information about the market demands. We have learned how to safeguard and secure the trading environment on contracts.

It was in 2017, that we were determined to establish an independent hub to protect our accounts and trades. It was at that time we came up with the idea of Solid ECN Securities. We started with a self-developed platform, but due to the trading demands, the platform could meet our minimums only. Therefore, we stepped up and made it to the next level.

We formed the company and hired more experts to expand the Solid ECN brand worldwide. The pillar of the company is to provide secure trading without discrimination.

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Solid ECN brings vital advantages for forex traders in the US, EU, and beyond
solidecn.com

 

SOLIDECN

Master Trader
Nov 16, 2021
3,376
23
54
40

Solid ECN Securities


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There is no perfection in services online, and when funding is involved, we believe that the merchant should have a transparent refund policy. Solid ECN Securities acknowledges customer rights, and for that reason, we drafted the Solid-Refund policy.

There are circumstances when it is essential to return payment. Clients may submit a refund petition if the merchant service was not as described or the service was not functional or if the client justifies the reason. We tried to make the money return policy concise, simple, and clear to give our customers a feeling of security. That is why we guarantee our services, and if it wasn’t as described the consumer has the right to apply for a money return.

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Solid ECN brings vital advantages for forex traders in the US, EU, and beyond
solidecn.com

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SOLIDECN

Master Trader
Nov 16, 2021
3,376
23
54
40

Solid ECN Securities


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Payment Methods​

Solid ECN Securities added more than 50 cryptocurrencies to its payment system. Our clients at Solid ECN can manage their account funding by a wide range of cryptos, from bitcoin to Zilliqa, all are available in the Solid-Dashboard > Account funding.

Solid ECN took this step to offer cost-effective payment methods for its customers. The blockchain transfer fee of the major cryptocurrencies have been increasing, therefore, retails are interested in trying the alternatives.

With Solid ECN, any trader can take advantage of +50 crypto payments.

> It is secured;
> It is undisclosed;
> it is decentralized.

Solid ECN brings vital advantages for forex traders in the US, EU, and beyond. High levels of market transparency mean price manipulation is not possible.

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Solid ECN brings vital advantages for forex traders in the US, EU, and beyond
solidecn.com

instagram | facebook | twitter | linkedin