MetaQuotes has spurred my development process, forcing me to release the next version of the Position Size Calculator indicator much faster than I had intended to. Their latest changes to both MT4 and MT5 platforms prevented compilation of the PSC source code due to new way the string variables must be compared. Luckily, I think I had enough time to test my other changes too, and now I am able to offer an interesting update […]
Read moreAccuWeb Hosting is our latest addition to the list of Forex VPS companies on EarnForex.com. In addition to being one of the oldest players in the industry, this provider offers some outstanding user support service and has some promotional offers to reduce your VPS spending. Forex VPS is not the only service provided by AccuWeb Hosting. It does not specialize in trading platforms, but it understands the needs of traders quite well […]
Read moreDisclaimer: I would like to warn the readers that administering drugs is a potentially harmful activity. You should not take any drugs unless prescribed by a licensed physical. Also, EarnForex.com does not endorse using any drugs or other illegal substances as a method of improving one’s performance. My July post about Forex and nutrition has a brief mention of using mild stimulants (such as caffeine and nicotine) and depressants (such as alcohol) in relation […]
Read moreCurrency trading is by and large carried out in the OTC (over-the-counter) market. Lack of a central regulatory authority has given rise to numerous Forex brokers with offices in exotic locations. A large section of the retail traders depend on these Forex brokers to trade currencies from the comfort of their home. While it just takes a few minutes to open a real account, the quality of a broker can be understood only when the trader faces […]
Read moreI am glad to announce the launch of what I see as one of the best online courses available to new traders. Our Forex course comprises 92 lessons that span from the most basic stuff, like the history of FX, to Ichimoku Kinko Hyo guide to trading currencies using vanilla options and so on. Forex course The course was created by two excellent Forex authors and analysts — Barbara Rockefeller and Vicki Schmelzer. Therefore, I recommend […]
Read morePaying taxes is really the last thing a new foreign exchange trader should care about, but it is definitely a serious issue for any profitable trader. Correct handling of one’s taxes is not only ethical but will help to avoid unnecessary problems and expenditures in the future. I am not a certified tax advisor, and the aim of this post is not to explain the details of paying taxes on Forex profits. The post […]
Read moreAt a first glance, online Forex trading seems to be a very specialized kind of activity with a narrow skill-set and limited area of knowledge. In reality, the list of skills and number of expertise fields that every successful trader acquires can be astounding. Moreover, it usually is unique to each trader as the trading style differs greatly among the FX traders even if they trade the same currency pairs. Transferable skills in trading […]
Read moreThe US Presidential elections followed a few days after a rather bullish factor for the UK pound — the High Court decision that the Government will need to consult the Parliament on the matter of Brexit. Both have triggered the rally in the British pound. At the same time, the New Zealand dollar has been weakened by the country’s central bank’s decision to lower the interest rates. This combination has created the current situation on daily GBP/NZD chart — a bullish pennant […]
Read moreIt is time to release another version of Position Size Calculator indicator. It has some important bugs fixed and also adds new exciting features, including two new tabs. The complete list of changes is provided below. The Balance button on the Main tab now has a third state: Balance − CPR. It shows the current account balance less the current portfolio risk (taken from the Risk tab). […]
Read moreSocialVPS is not yet another Forex VPS. The main difference is that it is managed by the same people who run the biggest Indonesian trading forum — SoeHoe. Initially, it was available only to a small group of the forum users, but now it has been launched worldwide. The biggest advantage of SocialVPS is that their staff knows what traders need and how to help them set everything […]
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