Serving Traders Since 2005
The euro managed to rise against the dollar for a second day as stocks and commodity prices rise. The statement of Federal Reserve Chairman Ben Bernanke that the U.S. economic recovery is restrained by the housing and commercial real-estate markets haven’t supported the greenback either. EUR/USD trades near 1.2050 now.
Wholesale inventories posted an increase …
FOREX MMCIS is a rather strange broker that has been listed on my site today. They state that they were founded in 2007 by an investment company that was on-line since 2004, but all their websites came on-line only on February 29, 2008. They are registered in Panama …
Now you can read the description and the reviews of FXGM broker on EarnForex.com. It’s another Cyprus based Forex broker that’s regulated by CySEC. It offers a custom Forex trading platform (stand-alone). Their conditions for trading are quite OK: accounts start from $250, 0.025-lots and a flexible …
EUR/USD has managed to form a descending triangle pattern during last 2 weeks and break out of it last Friday. The chart pattern was formed on the daily chart and is quite small (relatively to the breakout depth). The pattern should be quite strong as its bottom line was also a long-term end …
EUR/USD trend: sell.
GBP/USD trend: hold.
USD/JPY trend: sell.
EUR/JPY trend: sell.
GBP/JPY trend: sell.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.1685 | 1.1919 | 1.2095 | 1.2329 | 1.2504 | 1.2738 | 1.2914 |
OrderSend Error 148 or ERR_TRADE_TOO_MANY_ORDERS can be a rather frequent MetaTrader 4 error message, especially if you are trading on some demo/real contest account. The error means that you are trying to place an order or open a position when the maximum amount has already been reached. Some Fore …
EarnForex blog has recently got into the list of the top 10 Forex blogs by Forex Crunch and that reminded me of the blogs that I used to read some time ago. They actually were in the old top lists during their good time but now they are inactive …
The euro fell against the dollar today as the fundamental indicators showed some improvement compared to the previous month, namely the employment figures. The currency pair continues to trade not far from its major support level and looks to be ready to go for another strong bearish wave at any moment. EUR/USD is now …
Sometimes you would get an OrderSend Error 3 message in your experts log in MetaTrader 4. This can be a rather frustrating error because it prevents the order from executing (and position from opening). If you are an MQL coder you should learn how to fix it because …
EUR/USD currency pair is heading down today after Germany’s president unexpectedly resigned, giving another reason for doubts about strength of the European economy and weakening the euro. On the other hand, the problems with the oil spill in the Gulf of Mexico are weighting on the U.S. economy still, which may show its influence …
