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Forex Blog
My Forex experience and some Forex related information that might be useful to other traders

Archive

Archive of Forex blog posts for August, 2009

What to Look for When Choosing a Forex Broker?

August 3rd, 2009

As far as I’ve noticed, different people look for different things when they search for a Forex broker. Personally I like low minimum trading volume (I don’t have a big trading balance and I like to manage risks precisely), easy and fast deposit/withdrawal options and a friendly, helpful customer service. Such combination usually makes …

EUR/USD Determined to Go Up as U.S. Data Surprise Positively

August 3rd, 2009

Euro came up against the U.S. dollar unexpectedly today as the key fundamental indicators of the world’s biggest economy showed a positive signal for the euro bulls and dollar bears. It looks like we are heading for another week of global stock positive, which will lead to a continued uprise of such currencies as the euro. …

Forex Broker in Beirut, Lebanon

August 3rd, 2009

Description of another Middle Eastern Forex broker was added to the list on my site today — RFXT. It’s the first Lebanese broker I’ve encountered. It’s not a very stable country, but Forex is quite popular there and this broker looks quite well regulated (audited by the country’s central …

Forex Technical Analysis for 08/03—08/07 Week

August 1st, 2009

EUR/USD trend: sell.
GBP/USD trend: hold.
USD/JPY trend: sell.
EUR/JPY trend: sell.

Floor Pivot Points
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.3927 1.4018 1.4109 1.4200 1.4291 1.4382 1.4473
GBP/USD 1.6013 1.6161
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