Blog

June 21
2007

Another MT4 Broker Hits My List

Royal Forex Trading is a relatively new broker that started its services in the end of 2006. It supports Metatrader 4 trading software, but it has not many features to attract Forex traders — $300 minimum deposit (which is not very low compared to some other brokers) and the fact that it is regulated by NFA and CFTC (which can mean a lot to some people, while be […]

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June 21
2007

EUR/USD Unsure on Mixed Fundamental Data

EUR/USD is still ranging making this week pretty calm compared to some previous weeks which showed us an amazing volatility and trendiness. The main reason for this slow Forex market I can see in the rather neutral economic releases we’ve seen this week. While the number and the market importance of these releases were relatively low. Today the most important data were initial jobless claims which appeared 14K […]

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June 20
2007

Questrade FX – Forex Trading in Your Browser

Questrade FX is a Canadian Forex broker that has a web based (java based) trading platform that allows you to trade just from your browser window. Just like with Oanda or Easy Forex you don’t need to install any additional software – so technically you can trade from any place with a PC, even a local library (though, that wouldn’t be wise […]

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June 20
2007

Another Still Day for EUR/USD

EUR/USD Forex pair was still today again. Some insignificant volatility didn’t even break 15 pips corridor. This day was low on macroeconomic releases, except for major release by the Bank of England — minutes of their latest meeting in June 6 and 7. This publication added some more weight to pound moving GBP/USD slightly higher during the day. Minutes showed that there are two more possible […]

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June 19
2007

Dollar Slow Even After Housing Data

EUR/USD was ranging between 1.3385 and 1.3435 levels undecided — to go for a correction or jump back to the bearish trend which is seen since the first week of May. Such a slow motion in EUR/USD Forex can continue for the whole week. Especially after today’s U.S. housing data showed completely no effect on the Forex market. Although, the numbers came out in neutral level compared to the experts’ expectations, but they showed a moderate […]

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June 18
2007

RCG fxtrader — Heavy-Weight Forex Broker

RCG fxtrader doesn’t possess any significant advantages the contemporary Forex brokers try to possess or at least claim. It even has disadvantages that are too unpopular nowadays — no mini Forex (you can start only with a minimum $5,000), no Metatrader 4 support, no other payment options except for Wire Transfer, etc. But the significant part about this Forex broker is that it […]

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June 17
2007

SNC Investments — MT4 Broker with Custom Platform

SNC Investments is a MetaTrader Forex broker that allows deposits via Wire Transfer, checks and BPS (Broker Processing Service). They utilize a customized version of MT4 platform; though, it is fully compatible with Metatrader (so the expert advisors should work with it without any problems). You’ll need to deposit a minimum of $500 to start trading with SNC Investments. This broker is registered […]

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June 16
2007

EUR/USD Technical Analysis for the 6/18—6/22 Week

General trend: ranging. Floor Pivot Points: 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.3178 1.3220 1.3304 1.3346 1.3430 1.3472 1.3556 Woodie’s Pivot Points: 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.3231 1.3324 1.3357 1.3451 1.3483 Camarilla Pivot Points: 4th Sup 3rd Sup 2nd Sup 1st Sup 1st […]

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June 15
2007

Socially Responsible Forex Broker — MIG Investments

MIG Investments is a Forex broker from Switzerland. It is one of the most legally clear broker for the serious traders. I say serious because the minimum account size is $2,000 with the Wire Transfer being the only billing option available. With MIG Investment you can use Metatrader 4 software and trade with their quite competitive spreads. One of the most remarkable thing about this Forex broker […]

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June 15
2007

Euro Rallies as the Fundamentals are Not in Dollar’s Favor

EUR/USD today on Forex rallied high to 1.3380 level as the fundamental indicators from U.S. came below expectations. First, May Core CPI came at 0.1% level, whereas expected value was 0.2% (though, overall CPI was 0.1% higher than expected). Then, Industrial Production showed completely no increase in May which can be very for the U.S. GDP. Industrial Industrial Production was also lower than […]

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