Blog – Page 283

April 27
2009

Get Alerted When Rate in MT4 Reaches Certain Levels

The new indicator that Ive created recently (based on the idea of one of my sites visitors) can help every Forex trader that uses MetaTrader platform. It can notify traders when the currency pair rate (or price) reaches a certain level, goes above some level or goes below some level. It uses the sound and visual alerts and also displays the preset price levels on the chart. […]

April 25
2009

Forex Technical Analysis for 04/27—05/01 Week

EUR/USD trend: sell. GBP/USD trend: hold. USD/JPY trend: sell. EUR/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2534 1.2775 1.2909 1.3151 1.3285 1.3526 1.3660 GBP/USD 1.4111 1.4357 1.4576 1.4822 1.5041 1.5287 1.5506 USD/JPY 95.38 96.77 97.95 99.34 100.52 101.91 103.09 EUR/JPY 121.84 […]

April 24
2009

EUR/USD Grows for Fourth Day

EUR/USD gained a lot on the Forex market today after the European fundamental reports showed some improvement earlier and the U.S. fundamentals removed recession fears in the later trading session. Its now trading near 1.3266. Durable goods orders decreased by 0.8% in March after rising by 2.1% in February. The analysts estimated a 1.5% decline for March. New home sales fell from 358k (revised […]

April 23
2009

Euro Grows Moderately as Statistics Fail to Move Markets

EUR/USD gained slightly during todays trading session despite the predominantly pro-crisis and anti-euro fundamental news that were released in U.S. and Eurozone both today and yesterday. The currency pair is now trading near 1.3020 after closing at 1.3002 yesterday. Initial jobless claims were at 640k in United States last week — an increase of 27k compared to the previous weeks 613k (revised upwardly from 610k). The forecast value was almost the same as the actual reading — 639k. Existing […]

April 22
2009

Windows/Linux VPS Hosting Services Swvps.com

New VPS hosting company was listed on my site today — Swvps.com. Its a rather old VPS hosting service provider that went on-line in July 2006. It has nothing special to offer for the Forex traders but its cheap and stable enough to make it a good choice for the MetaTrader expert advisors hosting. Other highlights: Servers in both U.S. and U.K. are available $9.95 for cheapest monthly package […]

April 21
2009

The Truth about Money Management

The new e-book (actually an article excerpt from the Futures Magazine) was uploaded to my site today. Its about the risk control and money management in Forex and elsewhere. The whole book is only 4 pages long, but it succeeds in introducing the most important approaches to money management theory and practice. For those who are too lazy to read these 4 pages, in the end the author […]

April 20
2009

Starting Forex Trading Isn’t Easy with StartForex

The new Forex broker that was listed on my site today — StartForex — doesnt offer free demo accounts so its name looks kind of strange to me. Perhaps, thats a temporary issue with them and they will start offering free demos for all traders in the future. Their website also behaves strangely, making the web browsers work extremely laggishly. Other features of StartForex: $100 minimum account size with up to 1:400 leverage […]

April 19
2009

CCI Indicator with Arrows as Signals

Ive found an interesting MetaTrader indicator on one of the Forex forums recently and today I decided to upload it on my site to allow other traders download it freely. Its called CCI Arrows and, as its name suggests, it is based one the standard MT4 CCI (Commodity Channel Index) indicator. It detects the CCI crosses with the zero level and draws the red arrows for the short positions and the blue arrows for the long positions. It suggests stop-loss levels and can be successfully accompanied by the trailing stop. […]

April 18
2009

Forex Technical Analysis for 04/20—04/24 Week

EUR/USD trend: hold. GBP/USD trend: sell. USD/JPY trend: hold. EUR/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2497 1.2793 1.2990 1.3286 1.3483 1.3779 1.3977 GBP/USD 1.4132 1.4356 1.4511 1.4734 1.4889 1.5113 1.5268 USD/JPY 97.09 98.20 99.22 100.33 101.34 102.45 103.47 EUR/JPY 123.18 […]

April 17
2009

Broker with Multiple Deposit Options FXM Financial Group

I added a new broker to the list on the site today — FXM Financial Group. This Metatrader Forex broker is on-line since 2007 and is regulated by the German bank, while itself is based in Costa Rica (a weird mix, in my opinion). Some features of this broker: 2 pips spreads on EUR/USD Leverage up to 1:400 $10 minimum account size Deposit and withdraw via PayPal, Moneybookers, WebMoney, credit cards and wire transfer Islamic […]