Blog – Page 17 – The Plot

April 10
2017

When Will Eurozone Break Up?

The talks about the final days of the eurozone are not new. Back in 2012, I have posted a poll, which is currently showing that a quarter of traders expect the dissolution of the monetary union. Nowadays, things look even more serious. With the United Kingdom having invoked the Article 50, and Marine Le Pen showing a lead in the opinion polls for French presidential elections, it is difficult to be a eurozone optimist. Although the process […]

April 6
2017

How Fed Funds Rate Works (and Why Forex Traders Should Care)

It is not the aim of this post to explain how the central bank interest rates work. Its aim is to show how the current federal funds rate operation differs from its pre-crisis model and how it is important to Forex traders. Before 2008 Contents 1 Before 2008 2 Our times 2.1 Ceiling rate 2.2 Floor rate 2.3 Efficiency 3 Relation to Forex When […]

April 3
2017

Mobile Applications for Binary Options Trading: Case Study

The following post is a paid advertisement. The content was provided by the advertiser. High earnings cannot guarantee wealth. It is not enough to earn money â one also needs to know how to preserve and multiply it. While lots of people know how to earn, investments seem to be a more challenging task. To this day, people are still ready to invest in pyramids, which promise profits above 100%. Then […]

March 27
2017

Best Forex VPS Poll

There are many VPS providers catering to the Forex traders these days (36 listed on EarnForex.com as of today). If you do not know what VPS is and how it works, you can read our How Does VPS Work in Forex Trading? post and see our Forex VPS Infographic. Choosing the best one for yourself can be as hard as choosing the right Forex broker. However, if you […]

March 20
2017

How Can High Nonfarm Payrolls Hurt USD?

Nonfarm payrolls is a macroeconomic employment report released monthly by the US Bureau of Labor Statistics (or BLS for short). The number represents the quantity of new jobs added by the non-agriculture private sector during the month. Forex traders consider it as an invariably important report in respect of its effect on the US dollar. They also consider it an invariable bullish report for the USD — the higher the NFP number, the better for the dollar. However, sometimes this logic fails […]

March 14
2017

Yet Another American VPS Company (Accepts Bitcoin)

Hostwinds is another USA-based hosting provider that has been added to our list of Forex VPS companies. It markets itself as offering above-average services at budget prices. Basically, you can buy a $13.50/month Windows hosting package to allocate a MetaTrader platform. However, the company’s support staff recommends going with a Tier 3 VPS, which is $31.50/month, as it will result in a much better experience when running […]

March 13
2017

Will FOMC Raise Interest Rate in March 2017?

When the Federal Reserve hiked the interest rate in December last year, it was hardly a surprise for anyone. I even decided not to post a poll due to an extremely low probability of any other outcome to that Federal Open Market Committee meeting. No one expected a rate increase during the January meeting (and there was none). However, the next meeting, which is scheduled for March 14–15 (with rate announcement at 18:00 […]

March 2
2017

Biggest Forex Scam Pt. XII (Emad Echadi and Michel Geurkink)

Forex traders and professional investors in general would be well aware of the numerous currency trading related scams that are being unearthed every year. While the underlying principle behind a Forex scam is always the same â to prey on greed â the modus operandi changes according to the circumstances. In the recent years, the CFTC is actively engaged in bringing the perpetrators of Ponzi schemes to justice. However, the scammers always fly below the radar […]

February 27
2017

Sold to Another Broker?

So many customer base transfers happened in the USA during the last few years — either through the normal merger & acquisition process or due to the exit sale. There should be quite a lot of Forex traders who have felt on their own account what is it like to be transferred to another company. The most recent example being the retail clients of FXCM that have been moved to Gain Capital […]

February 17
2017

Upgrading Easy Trend Visualizer

Easy Trend Visualizer is a really old indicator. I have first uploaded to EarnForex.com back in July 2009 and converted it to MT5 in December that year. Today, I introduced some changes to this trend indicator. First, the MT4 version has been rewritten completely and should be more compatible with the future builds of MT4. Second, prompted by one of the persistently demanding forum members, I have added another alert option to both […]