What is cot forex?
Can you please clarify what is meant by 'cot forex'? I'm a bit confused about the term and its relevance in the world of finance and cryptocurrency. Is it a specific type of exchange or trading strategy? Or is it something more broadly related to foreign currency transactions? I'd appreciate it if you could break it down and explain it in simple terms so I can understand its significance in the financial market.
Where can I get cot data for forex?
Excuse me, could you please provide some guidance on where I can access currency of the trade (COT) data specifically for the foreign exchange (forex) market? I'm looking to analyze <a href="https://www.btcc.com/en-US/markets/coinInfo" title="market">market</a> sentiment and positioning among various traders, and I've heard that COT data can be a valuable resource for that purpose. Are there any reliable sources or platforms that you recommend where I can access this information? Any help you can offer would be greatly appreciated.
Is bot legal in forex?
Could you please clarify the legality of using bots in the foreign exchange market? I understand that many traders rely on automated trading systems, but I'm curious about the regulations surrounding their use. Are there any specific guidelines or restrictions that traders should be aware of when employing bots in their forex trading strategies? It would be great if you could provide some insights on this matter.
What is ADX in forex?
Excuse me, could you please elaborate on what ADX stands for and its significance in the context of forex trading? I'm particularly interested in understanding how it can be utilized by traders to assess <a href="https://www.btcc.com/en-US/markets/coinInfo" title="market">market</a> trends and identify potential entry and exit points for their trades. Additionally, I'd appreciate it if you could share any insights on how ADX values might vary under different market conditions and how traders can interpret these changes to inform their trading decisions. Thank you in advance for your clarification.
Who is the richest forex trader?
Could you please elaborate on who exactly is considered the richest forex trader in the industry? Is there a specific individual or entity that stands out in terms of wealth accumulated through trading foreign currencies? Additionally, what factors contribute to their success and how have they managed to achieve such a high level of profitability in the highly competitive and volatile world of forex trading?