Market Analysis
Analysis is key when it comes to opening positions in the market. Our platform offers several analysis tools to help traders open positions.
Position: a trader’s action and view on a security/shares/futures etc.
Analysis Tools
The 3 analysis tools available on our platform include:
- Trading Insider
- Trading Central
- Economic Calendar
1. Trading Insider
This tool is an indicator that shows the inner trends of our platform users. This gives traders insight into what other users are doing and what trends are occurring in real time.
To enter the trading insider chart, click on the orange icon on the side bar on the right side of the screen.
Then click on the icon that is located in every quote box.
If you want to follow the trend, click on the “Follow the trend” button, an open position window will open directly from Trading Insider page.
For example: 57% of our investors are buying EUR/USD.
2. Trading Central
Trading central is a private company that offers technical analysis in regards to measuring the evolution of prices; it uses the historical data to forecast their likely future behavior.
Note: This is a prediction only. The forecasts are exactly that, an estimate of future behavior based on previous behavior. The predictions aren’t certain, so you can consider them as more of a guide than being set in stone.
3. Economic Calendar
The Economic Calendar is a graphical summary of the Trading Central forecasts. It allows investors to plan their trading and take advantage of market movements.
How to read the Economic Calendar:
- Click on the Economic Calendar icon on the sidebar on the right of your screen.
- Use the filter to choose the country and the influence level.
The economic calendar will show the time, the forecast of the event and give an explanation regarding the event.
In summary
These analysis tools allow traders to analyse current and future trends helping them to open positions. Having easy access to information about current and future trends gives traders a better insight into the market.
Trading insider: shows the inner trends of the platform users.
Trading Central: measures the evolution of prices; it uses historical data to forecast likely future behavior.
Economic Calendar: is a graphical summary of the trading forecasts which allows investors to plan their trading and take advantage of market movements.