Tag Archives: forex peace army
Performance Simulator – ForexPeaceArmy
Posted on 03. Dec, 2010 by Jakob.
The guys over at ForexPeaceArmy has created a new feature; a Performance Simulator which can be found on the Performance Test page. This allows you to easily calculate hypothetical gains and losses from ES´s, signal services, and managed account services, which are posted on the Performance Test page. Now keep in mind that this is Hypothetical(!) not to be confused with any kind of guarantee future results. However it’s still a great addition and specially on some EA´s this might give you an idea of what to expect.
Continue Reading
Weekly Preview with Henry Liu and Video Outlook with Sive Morten
Posted on 27. Jul, 2010 by Jakob.
As I wrote a couple of days ago, Henry Liu is the new author of the forex signals from ForexPeaceArmy. Last week he did an awesome job with a rather specific analysis which could have resulted in several hundred pips. Yesterday Henry Liu posted his outlook for this week, and I definitely recommend you to check it out. Read his preview here.
Continue Reading
ForexPeaceArmy – New Giant – More Chapters and Sive Morten Outlook
Posted on 29. Jun, 2010 by Jakob.
There is a lot of news from ForexPeaceArmy and it´s been a while since I wrote about them, so I thought it was about time to give an update. First of all, and probably the most interesting thing is, that they have added another “Giant” to their market outlook section. In the last couple of month, Sive Morten has posted his weekly outlook on the forex market, which has been very detailed and useful for a lot of traders. Now Felix has added another guy to this section, who apparently has “managed some big private and institutional portfolios”. This should be really interesting. I will definitely keep an eye on his upcoming outlooks and write more about them in the future. You can read them here. If you haven’t had a chance to read any outlook from Sive Morten, I recommend you do so now. His analysis for this week is up, with a lot of talk about US macro data that shows decrease in recovery momentum. This is, as always, a good read, and with the NFP coming out this Friday, I definitely recommend you to go through all the details. You can read Sive Morten´s outlook here.
Continue Reading
The Final Chapter from Felix and Sive Morten´s Outlook
Posted on 01. Jun, 2010 by Jakob.
Although Felix from ForexPeaceArmy will be posting more chapters in the upcoming weeks, the final chapter has already been posted. Once again, I haven’t had time to read through everything of it, but I plan on going through most of it in the upcoming weekend. You can read the final chapter here. In addition to this, Sive Morten has posted his weekly outlook, which as always is a good read. Sive argues that there is a lack of “new bad news” which is partially the reason for consolidation in EUR/USD in the last couple of days, but he expects 1.15 in a near future. I guess that parity is a possibility, especially with the NFP coming out on Friday, and a new 4-year low just some minutes ago. Anyway, read Sive Morten´s outlook here and drop a comment below with your thoughts on EUR/USD.
Continue Reading
Secrets of Successful Forex Trading – Chapter 2
Posted on 23. Apr, 2010 by Jakob.
Last week I made a short post about Felix Homogratus new articles about successful forex trading. Last week he posted the first part and now the second part is online and you can read it here. I had a flash back when reading this week’s article, as this somehow reminded me of something which could be told by Paulo Coelho. This week’s advice is not directly related to forex trading, but it is a good read if you got a few minutes to spare. This is more of a motivational post, which should help you in setting goals and getting the right mindset to succeed. The title of next week’s article is announced, and this seems to be more specific about trading. Read this week’s article by Felix Homogratus here.
Continue Reading
Forex Scam of the Year Award
Posted on 22. Apr, 2010 by Jakob.
The guys over at Forex Peace Army have started a new section – Forex Scam Award. Since it is a little too early to vote for the scam of 2010, they have decided to start with 2008 and 2009, as there are a lot of confirmed scams to choose from. Currently the scam award section is split into two parts, namely a broker scam and a non-broker scam. Go over and throw your vote and read the thread.
Continue Reading
ForexPeaceArmy – New EA´s – Improved Search Function – Sive Morten Outlook
Posted on 11. Mar, 2010 by Jakob.
The guys from ForexPeaceArmy continue to improve their Forex Portal. They have added 4 new EA´s and a new signal service to their performance page. If you take a look at the Forex Signal Performance, you will see that a few of the providers actually have been able to generate profits for more than 25 weeks in a row, and Sive Morten is close to the top. Now this should be proof enough that you should read his weekly outlook and take his perspective into consideration before entering your next trade. His latest weekly outlook has just been posted, and it is a good read. As a final note, the guys from ForexPeaceArrmy has now improve the search function on the site, which makes it a lot easier to find exactly what you are looking for. If you don’t know how to use it, take a look at this short guide.
Continue Reading
14 Cool Forex Freebies you should Know About
Posted on 24. Jan, 2010 by Jakob.
I have posted about most of these before, but I thought I would sum it all up in one post. These are great resources for forex traders, and they are free. Check it out and throw a comment. Do you have any additional ones we should know about? Feel free to share your thoughts.
Continue Reading
The End of Retail Forex Trading?
Posted on 21. Jan, 2010 by Jakob.
I am sure you have read about this already. It seems like every forex trader out there is talking about it. The new CFCT proposal which was made public last Thursday, suggests some radical changes which, if approved, definitely will affect the retail forex industry. Basically there are three different suggestions, namely; registration requirements for all Futures Commodity Merchants, Retail Foreign Exchange Dealers, Introducing Brokers, Commodity Trading Advisors and Commodity Pool Operators. The second aspect is related to minimum capital requirements, where they propose that all Futures Commodity Merchants and Retail Foreign Exchange Dealers need to maintain a net capital of at least $20 million, plus 5% of any amount of retail customer liabilities that exceed $10 million. The last part is probably the most interesting, as they suggest stronger leverage restrictions for retail traders, which should be modified down to 10 to 1 in leverage. This basically implies that you would now need $1000 to trade one mini lot or $10,000 to trade one standard lot. If these regulations are approved, it will definitely affect both the retail traders as well as many of the new brokers out there. It will be interesting to see how things turn out. If you want to read more details about this, then take a look at this article, which is posted over at Forex Peace Army.
Continue Reading
Sive Morten – Update on the Forex Market
Posted on 29. Dec, 2009 by Jakob.
Sive Morten has just posted his weekly outlook, and as always he shares some interesting thought on the overall market, and specific details about the EUR/USD. Basically he argues that the short term Dollar strength remains intact, while from a long term perspective we might see a bearish trend for the Dollar. In my opinion I think we need to see the EUR/USD retrace a bit, before it will continue its bearish move. Currently the EUR/USD is trading at 1.4416. I entered a long trade on EUR/USD at 1.4341 so I am currently up about 75 pips (all details for this trade were shared on Twitter). I have moved my stop loss to break even, and I expect to see it retrace up to around 1.4541, and if that resistance level is broken then maybe all the way up to 1.4710. I might move my stop loss accordingly, if the pair keeps moving higher, and look to take profit if we come close to 1.4541. If this level is reached I might look for a possible short trade, or wait for it to break the current low of 1.4216. As always, be careful in these days, as low liquidity can result in large spikes within seconds. Check out Sive Morten’s weekly update here.
Continue Reading
-
7 Tips & Tricks For Trading Forex
-
Trading Forex – EUR/USD Up or Down?
- Forex Signals on Twitter
- Don Steinitz’s HAS MTF Hedge EA = ForexRobotNoLoss?
-
mt4pips.com – A new Site from the BabyPips family
-
Kerry Kormos: Oh and in addition to my last comment....my wife h...
-
-
sree: www.forexpeacearmy.com website is scam site, no he...
-
Joel: Hi, i started out great with Million Dollar Pips o...
-
Joan: Think about http://www.fxbook.org/ if you want to ...
