Forex | Forex Trading | Forex Broker | Online Forex Currency

Forex – With more than $1.5 trillion USD being traded daily, the foreign exchange market has managed to become the world’s largest financial market, over the last three decades. With the large minimum deal sizes and rigid financial requirements, the Forex market, till recently, was not explored by the common trader or individual investor. But now the average investors can also engage in Forex trading. Some of the advantages of Forex trading are as follows:

Forex – Why opt for Forex trading?

With more than $1.5 trillion USD being traded daily, the foreign exchange market has managed to become the world’s largest financial market, over the last three decades. With the large minimum deal sizes and rigid financial requirements, the Forex market, till recently, was not explored by the common trader or individual investor. But now the average investors can also engage in Forex trading. Some of the advantages of Forex trading are as follows: Read the rest of this entry »

Forex – In fact, this kind of result can be obtained by smartly combining strategies that you might already be familiar with. Even a few strategies that you have discarded because you believed they didnt work.

But mixed together, these individual strategies produced irrefutable results. And, Im going to show you exactly how to create your own ultra-high-profits with ultra-low-risk Forex Trading Portfolio now. Read the rest of this entry »

EUR/USD consolidated today with a previous movement both up and down, as the traders are unsure about the further direction for the pair. The dollar’s dynamics against the euro is affected strongly by the events in Europe and less of the market participants look seriously at the U.S. statistics nowadays. EUR/USD is now trading near 1.3599.

U.S. trade balance deficit rose from $37.0 billion to $39.7 billion in February as the imports rose 10 times faster than the exports during the month. The median forecast value for the deficit was at $39.0 billion.

Both import and export prices rose by 0.7% in February in United States. This growth followed 0.2% drop for the import prices and 0.4% drop for the export prices reported for January.

Yesterday, a report on the U.S. Treasury budget for March was released. It showed a deficit of $65.4 billion, which significantly below the $191.6 billion deficit reported for March 2009, but is worse than $62.0 billion deficit predicted by the analysts.

EUR/USD failed to go up significantly today and retreated even before reaching the Monday’s high level, as the fundamental indicators hinted a soon rate hike in the United States. The pair is currently trading near 1.3629 and it looks like the traders aren’t quite sure where to go now.

Retail sales unexpectedly rose by 1.6% in March after 0.5% increase in February. The forecasts pointed only at 1.2% growth. Such a fast improvement of the U.S. retail sector may become a very positive signal for the Fed and for the dollar.

Consumer price index (CPI) went up by 0.1% in March, following a zero change in February. It wen up in accordance with the median forecast.

Business inventories rose by 0.5% in February — faster than 0.2% growth in January and the expected 0.4% gain for February.

Crude oil inventories decreased by 2.2 million barrels last week. Total motor gasoline inventories decreased by 1.1 million barrels during the same period in U.S.

Forex robot for scalping and day trading. On average it does 2-3 days and the authors claim high accuracy. Forex Ripper is based on a sophisticated system that analyses price patterns, indicators and multiple time frames.

The system has moderately high targets with a balanced stop loss (about 95 pips) which gives it the potential to be profitable in the long run. For this reason it claims to have a small drawdown and cannot be seen by the brokers as a scalper. That means it’s possible to trade with this EA even with those brokers that don’t allow scalpers. Read the rest of this entry »

Forex doesn’t try to lure us with fancy big names for strategies or algorithms it uses, it simply provides a high modeling quality back test results – as a screen shot and on video.

This no-nonsense approach does add to the software’s credibility – I’m always a fan of simplicity, if it works, there’s no need for bells and whistles to hide the deficiencies (which is the case with most EA developers which do that). Read the rest of this entry »

If you’re a beginner, Easy Forex comes first to mind for a Forex broker, and not just because of the title having the word “easy”, it really is. Easy Forex founded in 2003, is well established internationally with offices all around the world; while the main head quarters of the company are based in Cyprus (part of EU).

Before I continue allow me to add a little disclaimer. All information in this review is as per the official Easy Forex website on the day this article is published. They can change their services and website at their discretion, and should that happen I may not necessarily be aware of it to update this page. Please check the official site to confirm any details if you’re making any financial decision. Read the rest of this entry »