I've been trading with Fusion Markets for nearly two years now, and I can confidently say that it has been an exceptional experience. From day one, Fusion Markets has provided a seamless and reliable trading platform that meets the highest standards. Their competitive spreads, low fees, and efficient execution have made every trade smooth and rewarding. The customer support team is dedicated and responsive, always ready to assist with any questions or needs, which has further solidified my trust in them. To this day, FusionMarkets has never let me down, and I truly hope they continue to uphold their stellar reputation. Their commitment to excellence and transparency makes them a standout broker in the industry, and I’m proud to be a part of their growing community. If you’re looking for a trustworthy broker that delivers on its promises, Fusion Markets is definitely one to consider.
Such a straightforward experience with them!
Being new I have attempted opening accounts with several other brokers, which most failed due to my inability to provide an utility bill as a proof of residence (although my ID document was clearly showing that) as I do not own the place and I have no straightforward access to the actual bills.
Also other brokers were calling and harassing me asking to start trading as soon as possible - which everyone knows is a receipt for losing money if you new like me. No calls from Fusion :). Well, I did lose money and blew the funds I have initially deposited, but due to my greed and stupidity.
Also I get to chose between TV and cTrader, which is a nice option to have, as MT4 or 5 seems horrible to me.
Also 1:500 leverage is nice.
Cant comment on spreads/fees/swaps, I am not there yet to really care about that, there are plenty of comparison tools and reviews out there which give me peace of mind that I am covered from that perspective.
I badge a five star for trading view and Fusion markets platform as it has been beneficial on my trading journey through several advantages which includes; Stability in chats during trading sessions even in low speed Internet connection times, Updates/Notifications on my home screen about my trades, Easy prompt connection between trading view and Fusion market broker and a customisable background of chat display and items which makes me enjoy my trading and easy to capture learning setups.
This is a true haven for any trader ranging from beginners to Professionals, I recommend!
Price has now broken out of the bullish parallel channel seen formed over September and November this year.
With 6 (bearish close) eight hour candles at the end of last week, we may see a pullback in the new trading week and then possibly a sell setup depending on price action and your strategy rules.
After printing an all time high at circa $2790 per troy ounce last month, Gold has been making a steady decline over November. The bullish run could previously be seen in an upward channel, but with price now breaking out and closing below the channel, we could be now looking a change of sentiment.
At the end of last week, Gold was looking to be retesting the...
Price has made a clear break of the descending trendline and is currently correcting. Look for a resurgence of buying for the next impulse. We may see price retest the broken trendline before regaining its upward momentum.
Price has been moving within a daily range between 1.49 and 1.5150 since August this year. Currently, price is testing the top of the range (resistance) and printed a bearish close on Friday. Could this be the start of another rejection? Any sell setups next week, could be the beginning of a 200+ move down to the base of the range.
Gold printed an all time high on 30th October this year as the bullish trend continues. Something to notice is the divergence between what price is doing and what the MACD is doing. There's a higher high in price (most recently) with a lower high in the MACD. This is a potential sign of weakness in the buying strength. This could be temporary as the market begins...
We are seeing a similar pattern currently to what we saw over July and August this year.
Price is in a falling wedge pattern with the MACD showing higher lows (whereas price is showing lower lows).
Watch for a break out to the upside.