CEDAR FX

2021-08-03 19:52:30 With @cedarforex, you know you're in safe hands. Regardless of whether you're day-trading Forex or Crypto is keeping you occupied during weekends, client support is accessible every minute of every day through Live Chat, email or by requesting a call back.

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2021-07-31 13:37:59 Predicting vs Forecasting Price Movements

Even though predicting and forecasting may sound similar, these 2 concepts can help you trade in different ways:

Forecasting is an estimate of the value of future prices based on past data and reliable information. The judgment of the value of money is based entirely on following a process and a formula.

Prediction is, to some extent, a combination of forecasting and premonition of price movements. Some traders even trade more based on their intuition.

Generally speaking, there is only a small difference between the meanings, but when it comes to trading, there is a big difference between the two. When you are emotionally involved and feel confused about the current open trades, you are most likely "predicting" your trades rather than "forecasting."

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2021-07-30 22:26:10 Which Trading Session do you prefer to trade?

The foreign exchange market can be divided into 4 main trading hours: Sydney, Tokyo, London, and New York time. The forex market has 3 peak trading sessions where traders usually focus on one instead of trying to trade the market 24 hours a day. This is called the "3 Forex Conversation System".

Some prefer to use the name of the continent to distinguish the trading session, while others prefer to use the name of the city.

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2021-07-30 22:25:24 SpaceX Confirmed as a Bitcoin Holder

Elon Musk discussed the future of Bitcoin with other backers Cathie Wood and Jack Dorsey at the Crypto Council for Innovation's "The B Word" conference.

Musk stated that he owns Bitcoin, Ethereum, and Dogecoin, whereas Tesla and SpaceX both own Bitcoin themselves. During the panel on Wednesday, the cryptocurrency reached a high of $32,820 before descending to around $31,683.

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2021-07-28 17:43:41 Make your impact to change the environment while trading with @Cedarforex ’s Eco Account option! By signing up for an Eco Account, you will be charged $1 in commission, and CedarFX will match the total amount of funds each month to plant trees and fund climate solution projects.

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2021-07-24 14:31:37 McDonald’s vs Single-Use Plastic

In the fourth quarter of 19, the fast food pioneer started an environmental campaign about single-use plastics in its eateries. Various measures have been presented in Europe to reduce single-use plastic, with the plan for France to lessen its plastic consumption by 1,200 metric tons.

McDonalds changed their slogan to "Better M" which refers to a better McDonald's whose obligation is to battle plastic waste in its European eateries. After a preliminary test, McDonald’s resorted to eliminate plastic drink covers, packaging and obviously the main foe of plastic, straws.

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