Most of the phenomena we encounter in our daily lives occur in cycles. This is the case with seasons, the rising and setting of the sun, the ebb and flow, day and night, the earth revolving around the sun, etc. We take these for granted and rarely think of them in terms of cycles. Furthermore, we seldom associate cycles with forecasting. Now, we can use market cycle theory to forecast the evolution of forex markets.
|Digits after the dot in quotes||4|
|Minimum position size||0.01|
|Pip spread on majors||1-3|
|Standard account, $||100|
|Mini account, $||100|
|Other payment methods|
|Popular payment methods||Credit Cards, Wire Transfer, WebMoney|
|Account currencies||USD, EUR, JPY, GBP|
I find it very useful to use signals and market analysis. FX trading signals presented in a simple way. The main advantage is variety of analysis and market forecasts. When I have doubts about my trade, I can always get deep review on specific currency pair for short term as well as for long term perspective. However, my main point that Forex Cycles gives me all this information for free. Instead of using paid services, we get the same quality and expertise. I see no reason not to apply it for my trading approach.