MetaTrader4: This Tool Gives FX Traders an Edge Filling up your trader toolbox with the right tools and trading strategies is half the battle when you are a forex trader. One of those indispensable tools is the MetaTrader4 (mt4) charting software that is available free of charge on the web. Mt4 is the latest and greatest version of this software created by MetaQuotes Software Corp, specially designed for online trading, for technical analysis, and for the development and operation of custom technical indicators and automated trading systems.... Read More Forex Signals Services: Path to Profits or Trail to Tears? Retail forex trading is the most risky form of investing, yet every day hundreds, even thousands of people turn to forex as a way to make a quick buck. The idea of taking the time to learn the market and trade a demo account for months before risking real money can sound boring and nonproductive, so many seek out a way to start making money now, fast and easy. They seek out trading signals providers, there are hundreds out there with slick websites and claims of hundreds or thousands of pips per month, for a monthly subscription. The question is: Why do these signals providers really exist if they are truly making the amount of pips and profits they claim to be earning?...... Read More ECNs versus the Market Makers: Who’s the king of the hill?
The topic du jour among forex traders, both apprentice and journeyman alike, is which is better, the market makers or the ECN? To answer that, we first have to make a decision as to what exactly is our ultimate goal. And once we’ve got that defined, we need to explore the differences between the ECN and the Market Maker....... Read More |
On gloomy U.S. economic data, U.S. Dollar Struggles - Wednesday, December 24, 2008 Versus a basket of currencies and the Japanese Yen, the U.S. Dollar lost ground in very thin holiday trading today while investors braced themselves for economic data from the United States that is likely to add to an already grim outlook on the future of the American economy. Read More >
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U.S. Dollar falls against Euro in Light Holiday Trading - Tuesday, December 23, 2008 The U.S Dollar dropped versus the Euro and a group of currencies today as investors awaited a series of economic data from the United States, which will be released later in the day, in order to find clues on the extent of the long recession.
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In thin holiday trading, Euro gains against the U.S. Dollar - Monday, December 22, 2008 Despite very thin trading during this holiday week, the Euro saw some gains in early morning trading today versus the U.S. Dollar. Meanwhile, the Japanese Yen lost ground against the Euro, as investors risk aversion eased somewhat. Last week, the Euro saw significant losses against the U.S. Dollar; as a daily percentage, trading was at its lowest point in almost 2 months. All indications show that investors and analysts alike believe that the Federal Reserve rate cut was too severe. Read More > | Read More > | |
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