On 12th November this year, XM visited Cairo, Egypt, to host a new forex seminar for XM clients interested in learning about some of the most efficient swing trading techniques. Organized on the premises of Grand Nile Tower Hotel in Egypt, the seminar was presented by Habib Akiki, Senior Market Strategist of Tradepedia, welcoming numerous traders from the region. The topics covered by Habib Akiki included a series of informative details about the major factors that move the global financial markets, as well as about online investing strategies for different trading instruments. Event participants were introduced to the practical use of technical analysis and had the chance to get a better grasp of technical indicators that can help them forecast future price movements and trend strength with more accuracy.
During his presentation, Habib Akiki attributed major importance to the use of Fibonacci to identify support-resistance areas, as well as to a proper understanding of Fibonacci levels for risk management purposes. Moreover, XM clients present at the event were offered free access to one of the highly sought-after trading tools developed by Tradepedia, the Avramis Swing Lite MT4 Indicator.
In addition to the educational values of the seminar, the event was a good opportunity for participants to meet presenter Habib Akiki and the XM company representatives in person. We captured some of the seminar highlights in photos that convey the spirit of the event.