LiteFinance - litefinance.com

[LiteForex Official]

Trading schedule to change due to the celebration of Pentecost in Germany

Dear clients,

Please be informed that official public holidays are observed at the German stock exchange due to Pentecost celebrated on 4th June 2017.
We kindly ask you to pay attention to the changes made to LiteForex’s trading hours from 2nd to 6th June 2017, concerning the following instruments:


XETRA CFDs on shares:

Closure at 18:30 on 2nd June 2017, Friday;

Opening at 10:00 on 6th June 2017, Tuesday


DAX30 (German Stock Exchange Index):

This instrument’s liquidity is expected to be falling in the period from 2nd to 6th June 2017, spreads therefore may grow.


The server time GMT +3 indicated in the schedule corresponds to the time indicated in the trading platform. Please consider this information when trading.
The instruments that are not specified in table above are traded in normal mode.
All information is intended for guidance only and it is a subject to change. Please, stay up to date.



Sincerely yours,
LiteForex Investments Limited

 

[LiteForex Official]

Changes in trading hours from 9th to 12th June, 2017

Trading schedule to change due to the Queen’s Birthday
Dear clients,

Please be informed that official public holidays are observed at the Australian stock exchange due to the Queen’s Birthday celebrated on 12th June 2017.
Please pay attention to the changes made to LiteForex’s trading hours from 9th to 12th June 2017, concerning the following instrument:

Australian Stock Exchange Index ASX200:

Closure at 18:30 on 9th June 2017, Friday.
Opening at 9:10 on 12th June 2017, Monday.

Sincerely yours,
LiteForex Investments Limited

 

[LiteForex Official]

The Great Loss

There are many legends about the Wall Street stock market crash in 1929, but the most vivid image is the long and faceless queues of the unfortunate ordinary traders going to to jump out of the windows of the ravaged companies and hedge funds. Since then, much water has flowed under the bridge - the crises continued to appear cyclically, the exchange orders changed in some ways, and trading operations moved to the Internet. But from time to time something still forced the market participants to lose multibillion corporate assets, fall out of windows and go to jail. What exactly is it and how does it work?

Read more in LiteForex Blog

Pipsing on Forex

It's quite a complicated trading approach, but many beginners start with it. The method aims to profit from price fluctuations within the day. Some traders make more than 200 trades per day, keeping each new position open for only a few minutes. The profit from each position is quite small, but in total for the day you can hit the jackpot!

Read more in LiteForex blog

 

[LiteForex Official]

Interview with one of the best Social Trading trader of this week
Mr. Matthew Nwanchor. Ebonyi State, Nigeria.

How long have you been using the Social Trading system?

I have just used the social trading system for 25 days. But I have been in Liteforex for more than 5 years.

Why did you choose the LiteForex broker?

LiteForex is customer friendly and makes withdrawal and deposit fast due to the efficiency of her partners in Nigeria.

How do you manage to achieve your goals in Forex trading process?

I patiently prepare for any trade I wish to place through technical and fundamental analysis.

How do you think what trading strategy is the most profitable?

The most profitable strategy is the mid and long term trading.

What basic principles do you follow during trading on Forex?

Patience, good money management, tenacity, and aggressiveness.

What would you like to improve on the Social Trading system?

An incentive scheme like giving special award for the first ten best social traders.

What would you like to say to people who copy your deals today and tomorrow?

I encourage those who copy my deals to always be patient.

We are very grateful to Mr. Matthew Nwanchor for the interview where he’s sharing his social trading experience with us. We wish him a lot of new achievements in trading.
If you are willing to share the experience of your success with Mr. Matthew Nwanchor or choose a convenient trader for copy trading, please see our traders’ rating and join the social trading system.

 

[LiteForex Official]

Hello! Do you have special courses for investors and traders?

Dear Nazim,

We have Forex tutorial which can be usful for traders and investors. You can find tutorial following this link https://www.liteforex.com/tutorial/

Best regards,
representative of LiteForex

 

[LiteForex Official]

Do you have any tutorial for investors only?

Dear Nazim,

We do not have tutorial for investors. You can get infor,ation about ways of investment following this link

Best regards,
representative of LiteForex

 

[LiteForex Official]

Liteforex trading hours amended on 4th of Jily, 2017
Dear clients,

Please be aware that some changes in schedule over the upcoming Independence Day in the United States of America on 4th of July 2017 (Thursday).

Please pay attention to the changes made to LiteForex’s trading hours from 4th to 5th July 2017, concerning the following instrument:

Trading Instrument

Symbol

Close time

Open time

Metals:

Gold

XAUUSD

early close at 19:30 04.07.2017

opens from 01:00 05.07.2017

Silver

XAGUSD

early close at 19:30 04.07.2017

opens from 01:00 05.07.2017

Major Indices:

French CAC40 Index

CAC

early close at 23:00 04.07.2017

opens from 01:00 05.07.2017

German DAX30 Index

FDAX

early close at 23:00 04.07.2017

opens from 01:00 05.07.2017

Japan 225 Index

NI225

early close at 20:00 04.07.2017

opens from 01:00 05.07.2017

UK FTSE100 Index

FTSE

early close at 23:00 04.07.2017

opens from 01:00 05.07.2017

American S&P500 Index

SPX

early close at 20:00 04.07.2017

opens from 01:00 05.07.2017

American DJIA Index

YM

early close at 20:00 04.07.2017

opens from 01:00 05.07.2017

American NASDAQ100 Index

NQ

early close at 20:00 04.07.2017

opens from 01:00 05.07.2017

CFD (USA):

CFD NASDAQ and CFD NYSE


early close at 20:00 03.07.2017

open from 16:30 05.07.2017

Oil:

WTI Crude Oil

USCrude

early close at 19:30 04.07.2017

opens from 01:00 05.07.2017

Brent Crude Oil

UKBrent

early close at 20:00 04.07.2017

opens from 03:00 05.07.2017

The server time GMT +3 indicated in the schedule corresponds to the time indicated in the trading platform. Please consider this information when trading.
The instruments that are not specified in table above are traded in normal mode.
All information is intended for guidance only and it is a subject to change. Please, stay up to date.

Sincerely yours,
LiteForex Investments Limited

 

[LiteForex Official]

Scalping Without Indicators

When trades are opened and closed in the shortest periods of time, trading systems with a huge number of indicators are not always appropriate. Decisions should be made in less than a minute, because scalpers hunt for a profit of just a few points. Let us see how to trade on the repeated typical movements and on the streaming data using orders and pending orders.

Read more in LiteForex blog

 

[LiteForex Official]

Digital breakthrough! LiteForex launches Bitcoin cryptocurrencies for trading

The LiteForex broker provides for trading BTC/EUR and BTC/USD currency pairs in all accounts and trading platforms (MT4 and MT5) in a 24/5 mode.

The strategies and peculiarities of work with crypto-currencies are covered in our blog.

Bitcoin is the leader of the Forex market among currency pairs in terms of cost growth expressed in major global currencies. With the threefold growth registered over the past 3 years, it exceeds 2.5 times the cost of gold.

Legalization of Bitcoin in Japan, Chinese market capital flight and FED rate rise increased the cost of Bitcoin manyfold.

The growing demand for the crypto-currency gave rise to increased volatility, which is illustrated in the chart (against the gold):

Investing in the crypto-currency, pay special attention to money management: incorrect calculation of an order’s safety margin will cause losses or premature triggering of stop-orders.

Liquidity providers will ensure the best Bitcoin prices at Forex and fast execution. The clients’ funds expressed in bitcoins are transferred to the interbank market and all deals are protected through LiteForex’s solid reputation.

Visit LiteForex site

 

[LiteForex Official]

May i use bitcoin for demo trading? i would like to test it

Dear Nazim,

Yes you can use bitcoin for demo trading.

Best regards,
representative of LiteForex

 

[LiteForex Official]

Be the first - join LiteForex’s team
Dear clients,

LiteForex begins implementing a large-scale long-term program aimed at developing and supporting professional sport and providing comprehensive sponsoring help to sportsmen and teams engaged in international championships.

Today, LiteForex is an official sponsor of famous Malaysian badminton player Zulfadli Zulkiffli, whose prize list includes victories at Asia Junior Championships 2011 and the titles Grand Prix Russia Champion 2016 and Grand Prix Brazil Champion 2016. Ranking second on the list of eminent professional badminton players in Malaysia today and aspiring to complete leadership, Zulfadli Zulkiffli sets his sights on Tokyo Olympics 2020. LiteForex is intending to provide necessary sponsoring support to this talented sportsman on his way to high goals.

It’s just the first step the company will take to popularize various sports and support sportsmen. The company plans to entirely assist sport teams and particular sportsmen, both established and beginning, in reaching the top.

Sincerely yours,
LiteForex Investments Limited

 

[LiteForex Official]

Deposit your LiteForex accounts with MyPay Pocket

Dear clients,

Our clients from Thailand now can top up their trading accounts by means of the MyPay Pocket payment system. This is a convenient and popular payment system whose e-pocket can be topped up via your local credit card, bank account or 7-Eleven stores network. LiteForex’s trading accounts are topped up instantly and without fees with MyPay Pocket.

Sincerely yours,
LiteForex Investments Limited

 

[MikhailLF]

Latest important innovations LiteForex Investments Limited

Dear clients,

Please be aware that new amendments to the Agreement on Quoting System and Transactions Procedure will enter into force on 10th August, 2017.

The amended paragraph is: 2.10.2. Please use the link: https://www.liteforex.com/uploads/d...ting-system-and-transactions-procedure-en.pdf to get acquainted with the revised version of the Agreement on Quoting System and Transactions Procedure.

Sincerely yours,
LiteForex Investments Limited

 

[LiteForex Official]

i was scammed and lost over $63,000

Dear mia moura,

May i know your UID number or email address which you used for registration on our site?

Best regards,
representative of LiteForex

 

[LiteForex Official]

Nonlinear Indicators for MetaTrader

When trading on Forex, traders often use a variety of specialized programs in order to reduce the volume of work and find conditions for confident entry or closing of the position. Metatrader 4 terminal offers a wide range of features allowing not only to track quotes, but also to carry out various calculations and present their final results in numerical or graphical form. Special programs for the terminal that allow automatic calculation of data are called indicators.

Read more in LiteForex blog

 

[LiteForex Official]

Correlation of Currency Pairs and How to Use It Properly

Correlation is the ability of one trading asset to repeat the directed movements of another one.

On the financial markets, this phenomenon can be visually identified in pairs with gold and silver, as well as various types of oil and oil products.

The strength of the correlation is measured in percent (or fractions): 100% (or one) is the highest degree of correlation between two assets. To determine this value, traders use Pearson's formula: select a set of price values for the two assets X and Y, determine the average values of X and Y within this set, add the result of deviation of each set value from its average and divide them by the result of the standard deviation.

Read more in LiteForex blog

 

[LiteForex Official]

Review of the Forex digest application

Today people enjoy living in the world of technologies that improve more and more every day and make our life simpler. Perfectly understanding that, the LiteForex company has developed lately a great tool for traders - an application for mobile devices called Forex Digest.

The application runs on the Android platform (ver. 4.1 and newer). Having installed the Forex digest application on their smartphones, traders will immediately receive a lot of high quality information on trading in the forex market, analyses, signals, news, strategies, and currency rates.

Read more in LiteForex blog

 

[LiteForex Official]

LiteForex’s trading hours amended from 1st till 5th of September, 2017
Dear clients,

We would like to bring your attention to some changes in our trading schedule ahead of the Labour Day that will be celebrated in the USA on 4th of September 2017 (Monday).

Please be aware that the trading hours for the following instruments will be changed from 1st (Friday) till 5th (Tuesday) of September, 2017:

Trading Instrument

Symbol

Close time

Open time

Metals:

Gold

XAUUSD

early close at 19:30 04.09.2017

opens from 01:00 05.09.2017

Silver

XAGUSD

early close at 19:30 04.09.2017

opens from 01:00 05.09.2017

Major Indices:

French CAC40 Index

CAC

early close at 23:00 04.09.2017

opens from 01:00 05.09.2017

German DAX30 Index

FDAX

early close at 23:00 04.09.2017

opens from 01:00 05.09.2017

Japan 225 Index

NI225

early close at 20:00 04.09.2017

opens from 01:00 05.09.2017

UK FTSE100 Index

FTSE

early close at 23:00 04.09.2017

opens from 01:00 05.09.2017

American S&P500 Index

SPX

early close at 20:00 04.09.2017

opens from 01:00 05.09.2017

American DJIA Index

YM

early close at 20:00 04.09.2017

opens from 01:00 05.09.2017

American NASDAQ100 Index

NQ

early close at 20:00 04.09.2017

opens from 01:00 05.09.2017

CFD (USA):

CFD NASDAQ and CFD NYSE


early close 23:00 01.09.2017

open from 16:30 05.09.2017



The server time GMT +3 indicated in the schedule corresponds to the time indicated in the trading platform. Please consider this information when trading.
The instruments that are not specified in table above are traded in normal mode.
All information is intended for guidance only and it is a subject to change. Please, stay up to date.

Sincerely yours,
LiteForex Investments Limited

 

[LiteForex Official]

Dear readers!

Today I present a careful selection of books which are the most important and significant for every trader’s career. My review of useful trading literature I will start with books for beginners and finish with ones for more experienced audience.

1) «Trading for a living» by A. Elder

2) «Reminiscences of a Stock Operator» by Edwin Lefèvre

3) «Enhancing Trader Performance: Proven Strategies From the Cutting Edge of Trading Psychology» by Brett N. Steenbarger

4) «Trading in the Zone» - М.Douglas

5) «Trend Following: How Great Traders Make Millions in Up or Down Markets» by М. Covel

Read in details in LiteForex blog

 

[LiteForex Official]

LiteForex’s trading hours amended for HK50 from 29th of September 2017

Dear clients,

We would like to draw your attention to the trading schedule over the upcoming Labor Day in Hong Kong on 2nd of October 2017 (Monday) and Chinese Mid-Autumn Festival in Hong Kong on 5th of October 2017 (Thursday). Please note that trading hours for Hong Kong 50 Index (HK50) instrument, will be affected from 29th of September till 6 of October 2017.


New Trading Hours for Hong Kong 50 Index (HK50):

closes on 29th of September 2017 (Friday) at 18:45;
opens on 3rd of October 2017 (Tuesday) at 04.15;

and

closes on 4th of October 2017 (Wednesday) at 18:45;
opens on 6th of October 2017 (Friday) at 04.15.

The server time GMT +3 indicated in the schedule corresponds to the time indicated in the trading platform. Please consider this information when trading.
The instruments that are not specified in table above are traded in normal mode.
All information is intended for guidance only and it is a subject to change. Please, stay up to date.


Sincerely yours,
LiteForex Investments Limited