Blog

December 25
2008

Bulbrokers — Bulgarian Forex, CFD, Futures and Stocks Broker

Bulbrokers is a Bulgarian broker company, which is present on-line since 2001 and offers Forex, CFD, futures and stock trading services. It’s one of those brokers where you have a single account for the different types of trading but several trading platforms. The MetaTrader 4 platform is used for the Forex and CFD trading; to trade the stocks and futures the COBOS and Trader Workstation are […]

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December 23
2008

EUR/USD Trades in the Undecided Mood for Second Day

It looks like EUR/USD can’t really decide where to go next — the second consecutive day is marked with almost zero change with a slight advantage for the European currency. The final data on Q3 GDP along with some other macroeconomic reports didn’t surprise the traders enough to affect the Forex market today. EUR/USD is currently trading near 1.3971. The Gross Domestic Product decline of 0.5% in the third quarter of 2008 remained unchanged in the final report by the Bureau of Economic Analysis. […]

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December 22
2008

Advised Trading — Swiss Forex Broker with No Mini-Trading

Advised Trading is a swiss Forex brokerage company, which went on-line with its services in 2006. This broker offers MetaTrader 4 trading platform with 2 pips spread on EUR/USD and a leverage up to 1:100. That’s probably all the good things that can be said about Advised Trading. The bad things are that this Forex broker offers neither micro-trading nor mini-trading accounts, that the minimum account […]

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December 21
2008

EMPFX — Swiss Broker with Custom Platform

EMPFX is a newly listed Forex broker on my site. It’s operated by the Swiss company E-Money Power Ltd and offers its services on-line since 2007. EMPFX has the very low spreads — 1 pip on EUR/USD and some other major currency pairs and a fixed leverage at 1:200. The trading is performed via their custom stand-alone trading platform (unfortunately it’s no MetaTrader 4). The minimum deposit to start trading […]

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December 20
2008

Forex Technical Analysis for 12/22—12/26 Week

EUR/USD trend: sell. GBP/USD trend: sell. 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 1.3296 1.3343 1.3625 1.3672 1.3954 1.4001 1.4283 GBP/USD 1.5005 1.4908 1.4917 1.4820 1.4829 1.4732 1.4741 USD/JPY 82.98 85.05 87.19 89.26 91.40 93.47 95.61 EUR/JPY 110.88 […]

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December 20
2008

Admiral Markets — MetaTrader Broker since 2002

Admiral Markets is a MetaTrader Forex broker with additional options for CFD and futures trading that is present on-line since 2002. Although it claims to be based in the United Kingdom, they don’t list any U.K. office address and they are not regulated by Britain’s FSA. The offices in many other countries are listed. The convenience of the Admiral Markets is not limited to the MT4 trading platform and extends […]

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December 19
2008

FX|Clearing — Canadian Forex Broker not for Canadians

FX|Clearing is a MetaTrader Forex broker based and registered in Canada. It’s offering its services on-line since 2007. The broker offers very competitive conditions for the mini- and micro-Forex trading with the high levels of leverage, 1 pip spreads and no-swap policy for such accounts. The accepted payment methods include Moneybookers, PayPal and wire transfer, while the minimum accounts size is $10. […]

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December 18
2008

EUR/USD Breaks Through September Highs above 1.47

EUR/USD continued to go up today, posting the biggest weekly gain in its history — and it’s only Thursday today! The fundamental indicators from U.S. were mixed today, but the euro is probably still affected by the recent Fed interest rate cut. EUR/USD is currently trading near 1.4444 after reaching the highest level since September 25 at 1.4719. Initial jobless claims declined last week from 575k (revised […]

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December 17
2008

Forex and Oil — EUR/USD Peaks Above 1.44

Today the oil was in the focus of many currency traders as the extraordinary OPEC meeting in Oran, Algeria, was deciding the oil output cut and also the U. S. Energy Information Administration reported its weekly data on the commercial crude oil and distillate inventories. The oil traded with the elevated volatility — a small drop on the NYMEX Crude Future, and the small gains […]

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December 16
2008

EUR/USD Soars as Fed Cuts Rate

EUR/USD went up significantly today after the CPI report showed another month of deflation, the housing slid and the Federal Reserve announced that the federal funds rate is reduced. EUR/USD is currently trading near 1.3967. Consumer Price Index (CPI) decreased by 1.7% at a seasonally adjusted rate in November, following 1% decline in October. The overall year-to-year gain is currently at 1.1%. The price decline exceeds the […]

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