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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, 2011

Unregulated Swiss Broker with $10 Lots — TradeFort

August 2nd, 2011

TradeFort — the latest addition to the list of broker on EarnForex.com today. They claim to be based in Switzerland but they aren’t regulated by any financial authority there. Nevertheless, they offer very attractive trading conditions: minimum position size is just 0.0001 of a standard lot (that is $10), the leverage …

Dollar Advances vs. Euro as Manufacturing PMI Plunges

August 1st, 2011

Despite the improved US real estate data, the dollar went soaring against the euro today, following a worse than expected report from the ISM. The currency pair fell as the global risk appetites decreased on bad US manufacturing sector prospects.

ISM PMI for manufacturing sector was reported at 50.9% in July — down …

Forex Account Currency Poll

August 1st, 2011

While, some brokers limit the traders’ account currency choice to USD, with many Forex brokers it is possible to hold your trading account in currencies other than the US dollar. There are both advantages and disadvantages in keeping your FX account in other currencies. For example, if you believe …

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