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Trademan from Morocco writes about AAFX Trading:
I like this broker because it accepts a wide range of clients and everyone here can find convenient conditions for trading. From the advantages of working in AAFx you can note a large number of assets for every taste, so that everyone can find someth...
Max from Ukraine writes about FxPro:
I chose FxPro because they suggest a lot of ways to make deposit and withdrawal. I am satisfied with the conditions, spread and speed of order execution so I feel comfortable trading here and I am not going to change the broker now. I hope that clien...
William from Canada, Stoney Creek writes about AAFX Trading:
AAFх has several advantages. Firstly, excellent order execution speed. It’s the most important thing for me, as trader, as it determines when I will enter the deal. Sometimes, just a couple of seconds may turn win to loss. Secondly, I really enjoy su...
Mario Kepler from Germany writes about Land-FX:
Was wasting times with the likes of IG for months, before realising that "premium" status is only a hassle - when you can't get a leverage above 30:1, since I'm not "professional enough" for them. Land-fx seemed to don't mind and even offered a bonus...

Forex Blog

EUR/USD Rallies Despite Positive US Data

Thu, 5 Dec 2019 19:57

EUR/USD rallied today despite reports released in the United States today were all positive. Market analysts speculated that yesterday's negative data was still weighing on the dollar. Trade balance deficit shrank to $47.2 billion in October down from $51.1 billion in September, revised ($52.5 billion before...

EUR/USD Surges on ADP Employment Miss, Loses Gains Later

Wed, 4 Dec 2019 17:25

EUR/USD surged today following the unexpectedly poor US employment report from Automatic Data Processing. By now though, the currency pair has lost its gains and is trading below the opening level. ADP employment rose by meager 67k in November, far less than analysts had predicted...

[Poll] Best Way to Recover from a Major Failure in Forex

Mon, 2 Dec 2019 18:58

Asking traders about their losses due to minor accidental mistakes revealed that quite a lot of them lose hefty amounts of money. This would qualify as a major failure in my view. It is always difficult, both psychologically and economically, to recover from such failures. Exasperating the situation is that many...

Forex News

USD/JPY Challenged by the Bears at 108.85

Fri, 6 Dec 2019 7:59

The US dollar versus the Japanese yen currency pair lost part of the gains made last week. Is this a bearish win or the bulls are preparing their new march towards 110.29 from better prices?

Euro Inches Higher On In-Line Eurozone GDP and Weak Dollar

Thu, 5 Dec 2019 18:24

The euro today inched higher against the US dollar driven by the latest eurozone GDP data, which met expectations, and positive market sentiment. The weaker greenback also fueled the EUR/USD currency pair's gains as investors remained sceptical about the possibility of a US-China trade deal.

Japanese Yen Mixed on $120 Billion Stimulus Package, PMI Readings

Thu, 5 Dec 2019 15:24

The Japanese yen is trading mixed against major currency rivals on Thursday as reports suggest Tokyo is going to spend billions in stimulating the economy. Various purchasing managers’ index (PMI) readings improved last month, helping the yen this week.

Commodity Blog

Natural Gas Rises As Prices Look to Spark Rally Ahead of Cold Weather Spell

Thu, 5 Dec 2019 16:34

Natural gas futures are rising on Thursday after the US government reported the third consecutive weekly decline in inventories. Despite its double-digit decline over...

Coffee Settles Higher on Consumption Will Exceed Output Forecast

Wed, 4 Dec 2019 19:01

Coffee futures are settling higher midweek after an industry report suggests that consumption will exceed output over the next year....

Bitcoin Price Briefly Rockets to $7,750 After Slip to $7,000

Wed, 4 Dec 2019 14:15

Having earlier slipped to a weekly low of $7,067, Bitcoin prices briefly rocketed to $7,750, potentially having triggered buy orders at the low price. As prices slipped,...

Forex Video Zone

Bitcoin Forecast — December 5th 2019

Thu, 5 Dec 2019 15:55

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the December 5th session. Bitcoin/USD — The market rallied slightly on Wednesday session, up about 2%. However, it ran into an area of resistance. The measured objective of this descending triangle pattern comes at the $5,000 level. So, you can look for signs of weakness to sell bitcoin at the moment. Only a candle close above the $10,000 level can...

Gold Forecast — December 5th 2019

Thu, 5 Dec 2019 15:45

In this video, the Trader Guy looks at the commodity, gold for the December 5th session. Gold/USD — Gold market was slightly bullish on Wednesday session. However, as the market reached the top of this descending channel, it only showed signs of weakness from bulls. A breakdown below the $1,450 level will cause the market to look for support at the 200-day EMA. It is all based on risk-on, risk-off sentiment...

Forex Trading Strategy: How to Use Multiple Take Profits?

Thu, 5 Dec 2019 15:01

In this video, you will learn about how to use multiple take profits in forex trading. Based on your trading strategy, you might have used some rules for entry, your stop-loss, and take-profit level to obtain a good risk to reward ratio. But, why do you need to use multiple take profits in forex trading? You can set your take-profit level at the first area of support...