Archive by Author
4xTrader – Check Your Broker
Posted on 06. May, 2012 by Moderator.
Yesterday I mentioned you how can use Forex Factory to help you in the search for the right broker. Once you have signed up with a broker you want to make sure they play by the rules – Needless to say a lot of them don’t. However, realizing if you have an honest broker or not, is not the easiest thing in the world, and more often than not, you won’t know before it’s too late.
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Forex Factory – Get an EA Developed
Posted on 06. May, 2012 by Moderator.
Yesterday I mentioned one of the new features over at Forex Factory, namely the brokers section where you can compare different brokers and see real-time spread from various brokers at the same time. This is just one of the many great features over at Forex Factory. It is easy to pay more attention to new social sites related to forex trading as such sites are created almost on a weekly basis and they get more attention than the old ones. However, with the massive amount of users and content on the site, visitors can really benefit from Forex Factory and often a lot more than one of the new sites.
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LegacyForex – Woth a look
Posted on 06. May, 2012 by Moderator.
The other day I stumbled upon Legacy Forex, a forex signal service which is receiving fairly good reviews around on the net. What is interesting about LegacyForex is that they verified historical performance shared via MyFxBook – This is a rarity as these services more often than not, cannot live-up their own promises.
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Trading Forex – EUR/USD Waiting for a break of 1.300
Posted on 06. May, 2012 by Moderator.
With the recent NFP release, the direction of EUR/USD is still not completely clear. Overall I think we are likely to see the pair continue lower from this point, but we do have the 1.3000 key level just 80 pip lower than current market rate, which is why I would be careful jumping into a short trade at the beginning of the week. In addition to this, the pair is currently trading right at the ascending trend line, which is a level that could give us a bounce.
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Forex Factory – Broker Information
Posted on 04. May, 2012 by Moderator.
Forex Factory is one of the most visited sites by forex traders on the net and there is a good reason. They were the first one to create a calendar with details of upcoming fundamental news releases, and post this free of charge for everyone. In addition to this, Forex Factory has a very active forum with lots of information. These two aspects alone, makes forex factory a great website.
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7 Tips & Tricks For Trading Forex
Posted on 15. Feb, 2011 by Moderator.
7 forex bloggers have gotten together to put some of their best tips in one article, on trading forex. We will be working together on a series of articles that we believe will provide helpful and interesting information for any reader that is interested in trading forex. Please leave comments below so we can adjust the series based on some of the feedback we receive here.
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Before NFP and a Pre-130 Pip Drop
Posted on 03. Feb, 2011 by Moderator.
I am currently watching Jean-Claude Trichet and over the last hour EUR/USD has dropped more than 130 pips. This move is somewhat reflected in USD/CHF which has been moving up around 70 pips but Cable and AUD/USD has not really shown a lot of downside. Right now I am somewhat indecisive as I don’t really want to short a pair after a 130 pip move down, however it sure seems counterintuitive to go in on a long trade when everyone else, clearly is selling. However, with the expectations to NFP tomorrow we are likely to see a bit more of pre-sentiment buying into $. But then again, the bull move on EUR/USD over the course of the week really did come as a surprise for me, so I would prefer to stay out of the market for now, and wait for tomorrow after NFP and try to catch something on a post-News retracement kind of setup, if we do hit a good deviation. As my laptop just broke down, I think I will take rest of the day of and be back tomorrow for NFP. In the meantime, Casey has post on trading rules which you can check out right here.
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Weekly Outlook on the FX Market
Posted on 30. Jan, 2011 by Moderator.
I thought I would write an outlook for the upcoming week, and now, a couple of hours later, I am finally done. This sure did take me a bit longer than expected, simply because I was working with some new way to present this. So I emailed all my readers about an hour ago with the newly finished weekly outlook, and emails are starting to drop in with friendly feedback – Thanks guys. So if you are on my list, you should have a copy in your inbox by now. If not, you can grab a copy below, if you simply give me a tweet or facebook link. There should be some really good opportunities in the upcoming week, and all my ideas are posted in the outlook. I hope you guys find it useful. Let me know what you think.
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GDP – The Turning point for EUR/USD?
Posted on 28. Jan, 2011 by Moderator.
We will get GDP out of US in just around 30 minutes. I am patiently waiting for this release and hopefully we will get a better than expected release and we could be looking at a lot of possible downside on EUR/USD, in my opinion. If we get the numbers close to expectations or better I am looking to sell EUR/USD on any kind of pullback after the immediate spike, when spreads are back to normal. If we do get a worse than expected number, I will re-access the market and wait for things to back to normal, and then look for normal setups according to typical technical analysis. However, I hope we will get a better than expected release but we never know, so there is no reason to jump in on something premature here. Wait for the release and if we get a better than expected I see three really good options for now; Possible short on EUR/USD, Short on AUD/USD and finally a long on USD/JPY. The long on USD/JPY would also be supported by yesterday’s S&P cut of Japan’s sovereign debt rating from AA to –AA, along with the strong drop we have seen in the pair in the last couple of hours, could set that pair up really well for a bull trade. Let’s see what US will give us.
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Two Additions to ForexPop
Posted on 25. Jan, 2011 by Moderator.
So ForexPop is back on top with two new additions. The two new guys are Mike from FxMadness and Dave from ForexNewsNow. Hopefully they will keep up the good work. I have been following both for some time now and there is a lot of quality content to go through. If you have a blog about forex trading, let me know and I will check it out, and maybe you will end up on ForexPop. Check it out here.
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7 Tips & Tricks For Trading Forex
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Trading Forex – EUR/USD Up or Down?
- Forex Signals on Twitter
- Don Steinitz’s HAS MTF Hedge EA = ForexRobotNoLoss?
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mt4pips.com – A new Site from the BabyPips family
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zenfx: 90 is clearly a strong level in AUD/JPY, however I...
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Charlie Clemett: We are still not able to connect with our IPhones ...
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Cliff: Just got an unauthorized charge on my MC from Glob...
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Andy: We have also been using PivotFarm now on our chart...
