Forex Blog

Carry trade is a popular trading strategy that is based on buying a high-yielding asset with the low-yielding asset, so that the cost of loan is less than the yield of the asset you’ve bought. In Forex, carry trade is based on buying a currency pair with a high positive interest rate difference…

The currency market is affected by many news, which at a first glance not always seem to be related to Forex. Meanwhile there are many types of financial, political and macroeconomic news that influence the Forex trends directly. Forex news is the important part of the fundamental analysis, which is often…

My site provides the ability for the visitors to review both Forex brokers and the VPS hosting providers for the MT4 expert advisors. At the same time I provide my own reviews of both services and the occasional reviews of some other Forex sites. The Internet is full of the Forex reviews relating to all kinds of products — from the expert…

One of the most important tools of trade of the Forex trader is the trading platform — a middleman between the trader’s strategies and systems and the Forex broker. In practice, a big part of the trader’s success depends on the quality of the offered platform. It can be used for analysis, order execution, money management, news receiving, communication with the broker…

The year 2009 comes to an end. The overall market behavior was quite surprising to the majority of the Forex traders as the dollar traded in a very unpredictable manner — rising and falling and then again rising with a high level of volatility. Many analysts issue their forecasts regarding the next year, 2010. In the next few days I’ll…

In many Forex guides for beginners and various tips that can be found on-line, a great deal of advices are dedicated to the demo trading period before switching to the real account trading in Forex. Some of them recommend trading for at least a month on a demo account before depositing money, others recommend reaching a certain…

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…

When the average number of long trades is higher than the average number of bearish trades due to some fundamental or technical reasons, it is said that the market is in a bullish bias. If the short trades prevail then it’s called a bearish bias. Stock market is known to have a rather…

Taking loss is a part of the Forex trading process. Even the best systems show losing positions and, over time, streaks of such losing positions. To protect your trading account’s balance from disappearing, it’s important to follow some money management (or otherwise called risk management) system. Limiting your…

Two weeks have passed since the MetaTrader 5 public Beta version has been released. In MT5 a completely new order/position system is introduced; it doesn’t allow hedging and allows only one open position per currency pair per trading account. It simplifies the trading by removing…