Forex Blog

Currently I am trading with only two Forex brokers — Marketiva and Interactive Brokers. Both brokers are very different and have their advantages and disadvantages. I am quite sure that the same can be said about 90% of all other Forex brokers. They aren’t perfect…

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

…

Converted Beginner indicator to MT5 version today. Actually, I was going to convert another indicator (BB MACD) but, unfortunately, MQL5 doesn’t yet support any easy substitutions for *OnArray() functions of the previous version of the language. The resulting Beginner indicator works fine in MetaTrader 5 — it still just…

This tutorial covers only MetaTrader 5 indicator installation. If you need info on MetaTrader 4 indicator installation, please, refer to my previous tutorial. So, you’ve downloaded some MT5 indicator and have no idea how to install into your trading platform? Read this tutorial to know…

The EUR/USD currency pair was highly influenced today by the rather optimistic market indicator releases. Decreased jobless claims, improved housing market and higher personal spending were the prevailing factors that were pushing the euro up against the dollar, which is often suffering during positive U.S. macroeconomic…

My last shared trade turned out to be losing one. Oh well, such things happen in Forex trading. But, anyway, today I’d like to share another trade with you. It’s a pull-back trade on USD/JPY, which is based mostly on fundamental analysis. In my opinion (confirmed by the pull-back…

The EUR/USD currency pair was rising considerably after falling yesterday but did not manage to sustain its near to $1.50 level as U.S. gross domestic product data declined significantly from the past quarter, bringing risk aversion back to markets and favoring refuge currencies, specially the yen. At the moment, EUR/USD…

Converted Aroon Up & Down indicator to MT5 today. It was an easy conversion but I’ve encountered a very strange piece of MQL code in the.mq4 version and had to rewrite both MT4 and MT5 code to remove two unnecessary indicator buffers and other code, connected with them. Why…

I’ve made some major changes to the structure of URLs (and some inner components too) in EarnForex.com. Also improved the site’s loading speed with on-the-fly compression and caching. Unfortunately, everything good has its bad side too. So, if you spot a 404 error or a strange redirect or some weird…

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

…