Blog – Page 13 – The Plot

March 27
2018

New VPS Service for Non-European Brokers

Cheap Forex VPS services seem to be dominating the scene recently. I am not sure whether it is a good idea to trust your accounts, trading platforms, and custom expert advisors into the hands of the companies practicing extremely budget pricing, but regardless of what I think, they appear to be the main trend among VPS solutions nowadays. NeoServer, with the minimum price for the Windows VPS capable of running several MetaTrader […]

March 25
2018

Forex Brokers Update â March 25th, 2018

Yet another week has gone without a new broker being listed on our website. The list of changes to the existing brokers is as follows: RoboForex opened an office in Prague, Czech Republic. NordFX increased the minimum account size from $5 to $10. CMC Markets added trading in cryptocurrencies. Extended the list of account currencies with euro, Canadian dollar, Norwegian krone, New Zealand dollar, Polish zloty, and Singapore dollar. DF […]

March 18
2018

Forex Brokers Update â March 18th, 2018

Another week has gone without adding new brokers to EarnForex.com, but some of the companies’ listings have been updated: RoboForex reduced the maximum leverage for crypto trading from 1:10 to 1:5. LiteForex increased the margin call level in its Classic account type from 50% to 100%. The minimum position size in Cent accounts is now 0.01 lot instead of 0.1 lot. Maximum leverage has been lowered from […]

March 11
2018

Forex Brokers Update â March 11th, 2018

No new brokers have been added to the list on our website this week, but some listed brokers have been updated: Grand Capital opened an office in Myanmar. LiteForex now has a total of 20 cryptocurrency pairs available for trading. IQ Option offers trading in CFD. Dukascopy now allows 0.001 lot position size, lowered its spreads, and permits scalping and expert advisors. Maximum leverage on Forex trading […]

March 5
2018

Will FOMC Raise Interest Rate in March 2018?

Despite what you might think of Jerome Powell’s inclination to follow Janet Yellen’s steps, the question of whether the selected path of the monetary policy tightening will remain the same remains open at least until we see the first statement released under the new governance. Contents 1 Sentiment 2 Data 2.1 Core PCE 2.2 Unemployment 2.3 GDP 2.4 Balance sheet normalization 3 Speeches 4 Important releases […]

February 6
2018

Display Market Profile for Intraday Sessions in MetaTrader

Two years ago, I have added the capability for a Market Profile indicator to work with weekly and monthly trading sessions. One of the members of our Forum suggested adding customizable intraday sessions to Market Profile. Considering the fact that quite a few Forex traders use Market Profile for analysis, I decided to implement the support for the intraday sessions, doing some other code tweaks on the way. Up to four intraday sessions can now be […]

February 5
2018

[Poll] Will Retail Forex Trading Ever Get Banned?

For quite some time already, my April fool jokes about the foreign exchange market closing down or the government monopolizing it no longer seem so outlandish as they definitely looked like back in 2009 and 2011. With the current regulatory situation being very close to an outright ban of retail FX trading, will it take long for the coordinated effort by developed countries to outlaw speculative Forex trading completely? The legality of trading […]

February 1
2018

Cheap VPS Solution from an Old-Timer

I have listed another Forex VPS provider today — RouterHosting. It is a long-time hosting industry participant, which is now offering VPS plans catering specifically to currency traders. I would say that the company offers a rather nice set of features for the price they ask: The basic plan ($4.95 price) goes with 512 MB RAM, 1 CPU core, 12 GB SSD, 1 TB of bandwidth per […]

January 16
2018

E-Book Review: Forex Exchange Training Manual by Lehman Brothers

Lehman Brothers was a titan of financial trading before going bankrupt in September 2008. In March 2010, Anton R. Valukas and his law firm Jenner & Block produced a 2200-page report on the company. It was used in the bankruptcy court hearings. Consequently, the report has been made public. Yesterday, I have found out to my own surprise that a document titled is a part of the report. Basically, thanks to the Lehman Brothers bankruptcy […]

January 2
2018

Monetizing My 2018 Forex and Gold Forecast

As the tradition goes, I do not just post my yearly forecast — I act on it and open the binary option trades that end up in-the-money if the forecast turns out accurate. To do it, I use the Ends Between subtype of the Ends In/Out binary option type at Binary.com (one of the few brokers that allow custom expiration period of 1 year). I have opened seven trades this year: EUR/USD, GBP/USD, USD/JPY, USD/CAD, […]