I hope you all are enjoying the rest from the Forex trading today and didn’t lose much on the widened brokers‘ spreads yesterday.
I decided to post some interesting note about Christmas Eve Forex trading today and have done a small research of some popular currency pairs. I’ve looked at the daily…
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…
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…
The latest trading e-book that has been uploaded to my site is “Trading as a Business” by unknown author. It’s difficult to categorize this book as it’s quite unusual. It tries to teach the reader to treat the financial trading (for us — it’s Forex trading) as any other business, with it’s income and spending,…
The new position system of MetaTrader 5 (no-hedge FIFO) is quite different from what the Forex traders used to see in MT4. It spurred many flame wars on various Forex-related forums and made many worthy traders believe that trading with new MT5 adds extra costs to trading (in a form…
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…
A new Forex guide for the beginners was uploaded to my site today. It’s a Quick Guide to Forex Trading created by one of the most newbie-friendly Forex brokers — Easy-Forex. Of course, this e-book is quite full of the advertisements of the said broker and its platform and also the suggested ways of trading may not be…
I’ve always wondered how much other traders are risking with their Forex trading accounts. Personally I come really conservatively to limiting my Forex trading account’s size, I never keep it above $10,000 and I am always withdrawing “extra” profits, because sometimes I am entering really ugly losing…
I stated my point of view on the paid Forex robots and other software in my previous post (Paid Forex Robots — Why I Avoid Them?). But I know that the Forex robots advertised throughout the Internet are very popular nowadays. So, I’d like to know what’s the opinion and experience of my dear readers and site visitors…
I had begun to trade Forex back in August 2005 when I first heard about the company (Marketiva) that offers free $5 bonus to start trading Forex with them. It was interesting for me to try and at that time free $5 sounded like a lot to me, so I’ve opened…