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HotForex is the latest addition to the list of the Forex brokers on EarnForex.com. It’s a MetaTrader broker that is registered and regulated in Mauritius (by their FSC). It’s quite a new broker but it’s already become quite popular because of its low spreads and other favorable conditions, including flexible leverage and a bonus …

EUR/USD advanced for a second day today as talks that a bailout will allow to contain Ireland’s debt problems suppressed concerns somewhat. Today’s report from the US were generally in line with forecasts, except Philadelphia Fed index, which was much better than initially expected. EUR/USD trades now …

EUR/USD pared its losses today as economic reports from the US continues to be worse than economists predicted. The currency pair still may decline in the near future as experts from the International Monetary Fund and the European Union prepares to scan books of Ireland’s debt-laden banks. EUR/USD currently trades near 1.3549.…

EUR/USD currency pair jumped today in the first half of the trading session, but later returned to its opening level. That was an unexpected move as virtually all reports from the US were worse than forecasts promised. Speculations that Ireland would be able to inject funds into its banks …

EUR/USD extended its decline today as Europe remains plagued by fears of a sovereign-debt crisis. Reports from the US were mixed as retail sales grew more than expected, but manufacturing unexpectedly slumped. EUR/USD trades at 1.3591 now.

US retail sales posted an increase by 1.2% in October, according to advance estimates. …

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

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Sometimes, especially during backtesting or in case of a badly designed expert advisor, the OrderSend Error 134 (or ERR_NOT_ENOUGH_MONEY) appears in the Journal log of your MetaTrader platform. In MT5 this error is called TRADE_RETCODE_NO_MONEY and has a code 10019. The reason for this error is the same for both versions of the platform — lack of free margin to execute …

EUR/USD currency pair dropped today on good economic reports from the US before rebounding. Virtually all US reports were favorable for the dollar, yet for now the euro is trading slightly above the opening level of this session. It’s not likely to gain much as renewed concerns for debt problems in peripheral …

After reading and reviewing two rather complex Forex books (first review, second review), I’ve decided to go for something simpler. Today I offer a review of Forex Patterns & Probabilities by Ed Ponsi — a book for the novices in Forex trading. It’s an introductory book, which, although …

When someone wants to learn something, there are basically three ways to follow — get a formal education, read books and learn from the extensive practice. There’s almost no formal education in Forex (if we don’t count various courses, seminars and webinars) so, the majority of novice traders either jump …