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For most traders, one primary reason for prop trading is to amplify profits by trading with high capital. It is quite awful when these payments gets denied. This is one major reason I recommend Axe Trader. When it comes to payouts, they don't hesitate. You get your profit share as at when due. There support is also worth applauding. Queries are handled swiftly and effectively.
My experience with Axetrader has been life changing. I have a safe community where I can freely share my trading ideas and also learn from other traders and advance myself. The support team is amazing and very helpful and I love it. From what I've experienced, Axetrader trader is more concerned with traders growth and success than any other thing.
So far Experience is far better than good , Support is responsive and I love their Double axe evaluation . You get a second chance to pass the evaluation . Spreads are good too.
For anyone around the world who want to level up his/her trading journey this is a place to be! It is a revolutionary and open experience where you get to know the trading basics from beginner to an expert! Just Enroll and stick with @axetraderhub mentors. Myself I’m looking forward to level up my trading experience with @axetraderhub.There’s is so much noise on the internet, so take this advice from a guy who has filtered those noise.
Amazing prop firm great benefits and direct funded accounts nothing else needed in life.
For most traders, one primary reason for prop trading is to amplify profits by trading with high capital. It is quite awful when these payments gets denied.This is one major reason I recommend Axe Trader. When it comes to payouts, they don't hesitate. You get your profit share as at when due.There support is also worth applauding. Queries are handled swiftly and effectively.
My experience with Axetrader has been life changing. I have a safe community where I can freely share my trading ideas and also learn from other traders and advance myself. The support team is amazing and very helpful and I love it. From what I've experienced, Axetrader trader is more concerned with traders growth and success than any other thing.
So far Experience is far better than good , Support is responsive and I love their Double axe evaluation . You get a second chance to pass the evaluation . Spreads are good too.
For anyone around the world who want to level up his/her trading journey this is a place to be! It is a revolutionary and open experience where you get to know the trading basics from beginner to an expert! Just Enroll and stick with @axetraderhub mentors. Myself I’m looking forward to level up my trading experience with @axetraderhub.There’s is so much noise on the internet, so take this advice from a guy who has filtered those noise.
Amazing prop firm great benefits and direct funded accounts nothing else needed in life.
While trading we have a plethora of tools or indicators to help us find optimal trades. One of the most powerful indicators is the moving average convergence/divergence indicator or MACD. This tool enables traders to identify trends and measure momentum of price action in the market. This makes decisions pertaining to entering trades and being bullish or bearish on the market much easier.
The moving average convergence/divergence indicator is a tool which measures the relationships between 2 different moving averages of the price of a security in order to determine the direction of the trend and simultaneously the strength of the trend. The two moving averages considered are of 2 different timeframes ,i.e one short term and one long term usually ( 12 and 26 period respectively).
Firstly we have 2 Exponential Moving Averages: the 12 period EMA and the 26 period EMA. These two EMAs are subtracted which gives us the MACD line. This line can be positive if the 12 period EMA crosses over the 26 period EMA. Conversely it can be negative if the 12 period EMA is below the 26 period EMA line. A positive MACD line implies an uptrend while a negative MACD line implies a downtrend.
Secondly we also consider the 9 period EMA which is known as the signal line and it is plotted on top of the MACD line.
It should be noted that while the MACD is a powerful indicator it should not be blindly trusted. A seasoned trader uses a group of confluences before entering a trade. Thus the bullish or bearish bias discovered by using the MACD indicator should be combined with similarly bullish or bearish biases derived from other indicators , techniques or tools. This approach will yield the most profitable setups.
MACD is widely used due to its simplicity and ease of use. MACD acts as another way to identify trends and can identify when a trend might be losing momentum. It is important to note that the MACD indicator presents the current state of the market and does not guarantee that the state will continue further. For instance a strong bullish trend indicates that so far the market has appeared to be bullish but there is no guarantee that the trend will continue, thus it is important to combine the use of other tools and indicators before entering a trade.
In erratic markets or situations where a prominent bullish or bearish trend does not exist but rather a sideways trend the MACD indicator might suggest otherwise. This can mislead the trader who is too premature with their analysis. MACD is weakest in these situations and this drawback should be made aware of.
Axe Trader promotes indicators which have stood the test of time and proven themselves as reliable and consistent. The moving average convergence/divergence indicator is one of these powerful tools a trader should have in his/her arsenal in order to concur the financial markets. We encourage the use and combination of MACD with candlestick patterns , chart patterns and other tools to trade effectively and most importantly profitably.
So, are you Ready to take your trading to the next level? Traders get the funding they need with Axe Trader. Follow us on our socials to keep up to date with promos, and new updates to our business operations. Here’s all our Axe Trader social handles:
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Axe Trader Ltd. offers fee-based assessment services and facilitates connections with third parties for Potential Traders who meet specific criteria defined by Axe Trader (“Eligible Traders”). Our services involve evaluating the simulated trading performance and results of Potential Traders in certain virtual off-exchange foreign currency instrument pairs (“Forex”) and/or selected virtual contracts for differences (“CFDs”). We conduct data analysis based on simulated trading activities in demo accounts traded by Potential Traders through Axe Trader’s platform, utilizing data provided by a third-party broker. Our methods and techniques are established and maintained by Eligible Traders.
Axe Trader grants access to a third-party’s simulated trading platform, related demo accounts, and simulated trading information for the purpose of conducting data analysis and assessment services. This third-party offers Eligible Traders a simulated trading environment and an opportunity to earn a share of virtual trading gains generated in demo accounts, as specified in their agreement with the Eligible Trader.
Additionally, Eligible Traders acknowledge and agree, as outlined in their agreement, that the third party has the right to collect and use the data obtained from Axe Trader for their own benefit, including the option to replicate trading activities based on this data. The third party also retains the right to incorporate any information received from Axe Trader regarding Eligible Traders into actual live market trading, which they will conduct for their own account and at their own risk.
Theoretical performance outcomes should not be considered as reflective of real trading experiences and are typically formulated with the advantage of historical knowledge, which may either overstate or understate the influence of specific market factors such as limited liquidity and price fluctuations. Moreover, since theoretical trading does not carry financial risk, it cannot fully encompass the impact of various risk-related elements, including an individual’s or advisor’s capacity to manage losses or adhere to a specific trading strategy when confronted with trading setbacks.
