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Forex latest news

imindianhacker@gmail.com (shailesh1) — Sun, 12 Apr 2009 13:55:00 +0000

Dollar Appreciates on Better Economic News

The U.S. dollar continued to gain today after the yesterday’s rather significant rally as the speculations that the world’s biggest economy is soon to leave its recession period arise.

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Won Once Again Leads in Gain in Asia

The Korean won advanced at a fastest pace among the most-traded Asian currencies today as the risk-aversion that prevailed earlier this week ended unexpectedly and the outlooks for the Asian emerging economies improved.

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Yen and Dollar Continue Their Advancement

Both the U.S. dollar and the Japanese yen continued their growth on the Forex market today as the yesterday’s stock trading sessions were negative and today’s Asian session ended in the red zone.

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Japanese Yen Performs on Stocks Slump

The Japanese currency rose from the local bottom levels against all other major currencies today after the stock markets fell yesterday and the outlook for today’s sessions remain bearish.
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NZD Reaches Highest since Early January

The New Zealand dollar rose to the highest level since early January 2009 today, backed by the support from the continuously growing emerging and developed stock markets.

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KRW Falls as Government Cools Optimism

The South Korean won declined today against the U.S. dollar after rising for the whole week after the country’s government said that the current investors’ outlook for the economy are too optimistic.

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Pound Gains as House Prices Rise

The British pound rose today against the other major currencies as the house prices demonstrated growth for the first time since October 2007 in United Kingdom this
March.
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Euro Declines on Unemployment Report

The single European currency declined today to the levels close to its 2-week low before and after the report on Eurozone February unemployment negatively surprised the traders.

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Yen Heads for Biggest Quarterly Loss in Years

The Japanese yen declined today against the other major currencies as the stock markets corrected after the yesterday’s fall and the yen became too overbought.

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Yen Gains as World Economy Outlook Worsens

The Japanese yen rose against all other major currencies today as the traders reacted on the possible bankruptcy of the U.S. automakers and the global optimism for the emerging stock markets and the high-yielding currencies declined.

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Forex Strategy eBooks

imindianhacker@gmail.com (shailesh1) — Sat, 15 Nov 2008 06:05:00 +0000

5 Minutes Forex Trading Strategy
KAS37 Forex Strategy
Forex Trader’s Cheat Sheet
Angel Kolev Forex Strategy

CatFX50 Forex Strategy
Trading Fork Extreme
Pip Nailer Forex System
ASC Forex Trend System

4H MACD Forex Strategy
4H MACD 13 Lesson
4H MACD Support Ebook
OzFx Forex System

App Fore forex

imindianhacker@gmail.com (shailesh1) — Sat, 15 Nov 2008 05:41:00 +0000

1.Forex Strategy Builder is
Free forex software

Forex Strategy Builder is a visual forex strategy back tester. It uses combinations of technical indicators and logic rules to simulate a trading process employing historical forex rates. An included automatic strategy generator enables you to compose a profitable strategy. An optimizer, an intraday scanner, a bar explorer and an interpolation methods comparator are included to guarantee the maximum quality of your forex strategy development.

Supported Operating Systems:

Windows 98
Windows 98 Second Edition
Windows ME
Windows 2000 Service Pack 3
Windows Server 2003
Windows XP Service Pack 2
Windows Vista

Download
For USA
http://forexsb.com/downloads/ForexStrategyBuilder.exe
For Europe
http://forexstrategybuilder.com/downloads/ForexStrategyBuilder.exe

2.Forex Market Hours Monitor
Forex Market Hours Monitor is a free software for tracking active Forex market sessions worldwide (London, New York, Sydney, Tokyo). This freeware can be used by all forex traders trading in any time zone.

Forex market is open 24 hours a day. It provides a great opportunity for traders to trade any time of the day or at night. However, although it seems to be not very important at the beginning, the right time to trade is one of the most crucial points to be successful in trading at the forex market.
So, when should one consider trading and why?

The best time to trade is when the market is the most active and therefore has the biggest volume of trades. More active currency moves will create a good chance to catch the trade and make some profit. ...

Download
Forex Market Hours Monitor v2.11
Forex Market Hours Monitor v2.12

Forex Charts Widget: Currency Market Tracker for Mac OS X 10.4 Tiger

The following options are supported:

Currency Pairs
AUDJPY, AUDUSD, CADJPY, CHFJPY, EURCHF, EURGBP, EURJPY, EURSEK, EURUSD, GBPCHF, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDDKK, USDJPY, USDNOK, USDSEK, USDSGD and USDZAR
Chart Periods
10 Seconds, 1 Minute, 10 Minutes, 1 Hour, 1 Day and 1 Week
Chart Types
Bar, Candle, Line and Point & Figure
Oscillators
Volume, MACD, RSI, Stochastic, Slow Stochastic, Momentum, UOS, CCI, Simple, ADX and Moving Averages

Flat periods can be removed from the charts by selecting the check box. Clicking the Done button on the back flips the widget over to the chart on the front.

A resize control is provided at the bottom right corner of the front. Newly opened charts inherit the size of the last to record its preferences. To open a new chart using the default size close a chart first.

Download

http://www.naturalsetting.co.uk/forexchartswidget/forexcharts.zip

Prime4x — Forex Broker with MT4 and CFD Trading

imindianhacker@gmail.com (shailesh1) — Wed, 12 Nov 2008 07:43:00 +0000

Prime4x is a new Forex broker that started offering its services on-line in 2008 and its description was added to my site today. Prime4x offers MetaTrader 4 platform, CFD instruments to trade on, deposits via wire transfer and credit cards only and various bonuses. The minimum account size is $100 and all traders receive 10% bonus on their deposit. There is also a free promotional bonus $500 available on every new account, which can’t be withdrawn, but the profit earned from trading this bonus can be. Prime4x is based in Cyprus and although they are not currently regulated by any authority there, they claim to get the regulation by the Cyprus Securities Exchange Commission from the beginning of 2009. Trading is leveraged by 1:500 for mini accounts, 1:400 for standard accounts and 1:100 for institutional accounts. Apart from the retail Forex trading Prime4x offers managed accounts service.

The only problem with this Forex broker is their website. It’s completely unprofessional, features examples of some really awkward spelling and punctuation and also tries to resize the browser window with each page load.

Tags: CFD, Forex broker, MetaTrader

A View on the Forex Market Back in 1998

imindianhacker@gmail.com (shailesh1) — Wed, 12 Nov 2008 07:42:00 +0000

An interesting e-book was written back in 1998 by Sam Y. Cross of the Federal Reserve Bank of New York — All About the Foreign Exchange Market in the United States. In the focus of this e-book is the U. S. Forex market in its common understanding — not the macroeconomic currency indicators. This e-book was written in the pre-euro era, so it contains some archaisms — such as French franc and Deutsche Mark. The research presented in this book would be interesting not only to Forex traders (who can get a lot of useful facts from it) but also to everyone, who is interested in the currency trading market, because it is a part of its history. 10 years ago, the on-line Forex market as it’s currently known to millions of traders, has been only starting to develop and it’s amazing to read about the market’s history and understand what a way the Forex market has came until now. This e-book is now available for a free download from my site.

Tags: Forex book, Forex market

Forex Technical Analysis for 11/10—11/14 Week

imindianhacker@gmail.com (shailesh1) — Wed, 12 Nov 2008 07:37:00 +0000

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	1.1869	1.2198	1.2457	1.2786	1.3045	1.3374	1.3633
GBP/USD	1.4457	1.4996	1.5319	1.5858	1.6181	1.6720	1.7043
USD/JPY	92.69	94.73	96.47	98.51	100.25	102.29	104.03
EUR/JPY	112.77	117.63	121.26	126.12	129.75	134.61	138.24

Woodie’s Pivot Points
Pair	2nd Sup	1st Sup	Pivot	1st Res	2nd Res
EUR/USD	1.2181	1.2423	1.2769	1.3011	1.3357
GBP/USD	1.4996	1.5319	1.5858	1.6181	1.6720
USD/JPY	94.73	96.47	98.51	100.25	102.29
EUR/JPY	117.63	121.26	126.12	129.75	134.61

Camarilla Pivot Points
Pair	4th Sup	3rd Sup	2nd Sup	1st Sup	1st Res	2nd Res	3rd Res	4th Res
EUR/USD	1.2394	1.2555	1.2609	1.2663	1.2771	1.2825	1.2879	1.3040
GBP/USD	1.5168	1.5405	1.5484	1.5563	1.5721	1.5800	1.5879	1.6116
USD/JPY	96.14	97.18	97.53	97.87	98.57	98.91	99.26	100.30
EUR/JPY	120.22	122.56	123.33	124.11	125.67	126.45	127.22	129.56

Tom DeMark’s Pivot Points
Pair	EUR/USD	GBP/USD	USD/JPY	EUR/JPY
Resistance	1.2916	1.6020	99.38	127.94
Support	1.2328	1.5158	95.60	119.45

Fibonacci Retracement Levels
Pairs	EUR/USD	GBP/USD	USD/JPY	EUR/JPY
100.0%	1.3114	1.6397	100.54	130.98
61.8%	1.2889	1.6068	99.10	127.74
50.0%	1.2820	1.5966	98.65	126.74
38.2%	1.2751	1.5864	98.20	125.73
23.6%	1.2665	1.5738	97.65	124.49
0.0%	1.2526	1.5535	96.76	122.49

Tags: EUR/JPY, EUR/USD, Fibonacci, GBP/USD, pivot points, technical analysis, USD/JPY

Pattern Recognition Master for Japanese Candlesticks

imindianhacker@gmail.com (shailesh1) — Wed, 12 Nov 2008 07:18:00 +0000

The Japanese candlesticks is a nice tool of trading for any chart-trader. Some Forex traders prefer to trade on the bare charts without adding any indicators. The candlestick patterns are used as the entry and exit symbols in many cases. But it’s not an easy task to constantly recognize those Shooting Stars, various Dojis, Hammers, etc. Pattern Recognition Master is a nice tool to help the chart-traders to automatically recognize candlestick patterns, leaving the traders only with the choices of the actual trading. You can download this MetaTrader indicator from my site for free. It was created by Jason Robinson, Carl Sanders and Hartono Setiono.

When you attach it to your MT4 chart each candle that represents some candlestick pattern will be marked with the symbol. A legend for the symbols is located in the top left corner of the chart and you can easily find out which patter is represented by the specific symbol. Now, all you have to do is to buy after the strong bullish patterns and sell on the strong bearish patterns.

Tags: free, indicators, MT4

U.S. President Elections Dollar Rally Over

imindianhacker@gmail.com (shailesh1) — Wed, 12 Nov 2008 07:18:00 +0000

EUR/USD declined today after the U.S. elections were over and the next president’s name became known fast and without any troubles. Barack Obama may create all necessary conditions for the dollar to grow further, but it will take him a lot of effort to do so. When the euphoria around the elections disappeared, EUR/USD began to rise on Forex. The macroeconomic background in U.S. is very poor now and it will press on the dollar too. EUR/USD is currently trading near 1.3032.

ADP employment report for October showed a 157,000 decline in the non-farm private sector jobs. The September’s 8,000 drop was also revised — down to 26,000 lost jobs. The median forecast by the market analysis for October drop was 102,000.

Non-manufacturing ISM index also decreased in October — from 50.2% to 44.4%, while a drop to only 47.8% was expected by the market participants. There is a chance though that the month of October was the worst in the current crisis and the reports that will show November indicators will be more optimistic.

Tags: ADP employment, ISM services

Forex Technical Analysis for 11/03—11/07 Week

imindianhacker@gmail.com (shailesh1) — Wed, 12 Nov 2008 07:18:00 +0000

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	1.1317	1.1824	1.2275	1.2782	1.3233	1.3740	1.4191
GBP/USD	1.3952	1.4615	1.5345	1.6008	1.6738	1.7401	1.8131
USD/JPY	86.15	89.10	93.78	96.73	101.41	104.36	109.04
EUR/JPY	98.23	105.93	115.62	123.32	133.01	140.71	150.40

Woodie’s Pivot Points
Pair	2nd Sup	1st Sup	Pivot	1st Res	2nd Res
EUR/USD	1.1810	1.2248	1.2768	1.3206	1.3726
GBP/USD	1.4615	1.5345	1.6008	1.6738	1.7401
USD/JPY	89.10	93.78	96.73	101.41	104.36
EUR/JPY	105.93	115.62	123.32	133.01	140.71

Camarilla Pivot Points
Pair	4th Sup	3rd Sup	2nd Sup	1st Sup	1st Res	2nd Res	3rd Res	4th Res
EUR/USD	1.2200	1.2464	1.2551	1.2639	1.2815	1.2903	1.2990	1.3254
GBP/USD	1.5309	1.5692	1.5820	1.5947	1.6203	1.6330	1.6458	1.6841
USD/JPY	94.26	96.36	97.06	97.76	99.16	99.86	100.56	102.66
EUR/JPY	115.74	120.52	122.11	123.71	126.89	128.49	130.08	134.86

Tom DeMark’s Pivot Points
Pair	EUR/USD	GBP/USD	USD/JPY	EUR/JPY
Resistance	1.3008	1.6373	102.89	128.17
Support	1.2050	1.4980	95.26	110.78

Fibonacci Retracement Levels
Pairs	EUR/USD	GBP/USD	USD/JPY	EUR/JPY
100.0%	1.3288	1.6671	99.68	131.03
61.8%	1.2922	1.6139	96.77	124.39
50.0%	1.2809	1.5975	95.87	122.34
38.2%	1.2696	1.5810	94.96	120.28
23.6%	1.2556	1.5607	93.85	117.74
0.0%	1.2330	1.5278	92.05	113.64

EUR/USD Trades Almost Unchanged After Early Peaking

imindianhacker@gmail.com (shailesh1) — Wed, 12 Nov 2008 07:13:00 +0000

EUR/USD went down today after rising to 1.2897 early today. A bit of optimism brought by the positive Asian trading dissolved fast after European stock markets failed to continue the rally. EUR/USD is currently trading near 1.2776 after housing and manufacturing data releases in U.S.

ISM PMI (manufacturing index) fell from 43.5% to 38.9% in October, while the forecast showed a decline to 42% for the last month.

Construction spending declined by 0.3% in September after remaining unchanged in August. A decline by 0.8% was expected by the market.

Tags: construction spending, ISM PMI

Dollar Returns to Bullish Trend Despite Previous Losses

imindianhacker@gmail.com (shailesh1) — Wed, 12 Nov 2008 07:13:00 +0000

EUR/USD dropped today for the second day despite the correctional wave that was forming during the last three days. After peaking at 1.3288 yesterday, the currency pair is now trading near 1.2733 as the traders continue to dump other currencies and buy U.S. dollars.

U.S. personal income rose by 0.2% in September, following 0.4% increase in August and slightly above 0.1% forecast. Personal spending decreased faster than the analytics expected — by 0.3% instead of 0.2%. This decline followed the stagnation in August.

Chicago PMI declined at a surprisingly fast pace in October — from 56.7 to 37.8. Market analytics forecasted a drop 48.0.

Michigan Sentiment Index dropped from 70.3 to 57.6 in October, which is slightly above 57.5 forecast value.

imindianhacker@gmail.com (shailesh1) — Fri, 12 Sep 2008 13:19:00 +0000

A Practical Guide to Swing Trading — Free eBook

September 10th, 2008

Now you can download a completely free ebook on the swing trading from my site — it’s «A Practical Guide to Swing Trading» by Larry Swing. Although this book doesn’t deal with the Forex market specifically and was written with the stocks in mind, it still can be applied to the Forex trading, and I must say that even before I read it I’ve been using the strategy described in this book myself with currencies.

Swing trading as it described in this book is a trading where you enter a market in the main trend’s direction, but only after a significant pullback that is followed by a clear signal that the trend will continue occurs. Theoretically, it can be applied to both intraday and daily charts, but the author suggest holding positions for several days before realizing the profit.

Another good thing is that, while this ebook is quite long (74 pages), it reads very easy and fast. If you think that the swing trading is for you, download it.

Tags: download, Forex book, Forex strategy
3 Comments »

EUR/USD Grows Little on Flat Pending Home Sales

September 9th, 2008

EUR/USD traded today with a great deal of the intraday volatility — it managed to reach its almost two year minimum level at 1.4046 during the early Asian trading and post an upward spike later.After today’s portion of the U.S. macroeconomic statistics came out, the currency pair left its equilibrium point and rose a little. It is now trading close to 1.4126 level.

Pending home sales index fell 3.2% to 86.5 in July. This decline followed 5.8% increase in June (revised up from 5.3%). The estimated decline for July was at 1.3%.

Wholesale inventories continued to grow July — they gained 1.4% after 0.9% growth a month before. Average forecast for this indicator’s growth was 0.6%.

Tags: fundamental analysis, pending home sales, wholesale inventories
No Comments »

Microtrading with FXCM

September 7th, 2008

FXCM broker entered the market with a new micro trading opportunity — FXCM Micro Forex broker. As many new traders prefer to trade with the small amounts of money, such brokers as FXCM can’t fulfill their needs. FXCM Micro looks like a really good opportunity for the low-budget traders. It offers $25 minimum account balance (with a maximum cap at $5,000) with 0.01 lots minimum for the position traded volume. Leverage is fixed at 1:400 level which is nice for the risky players with a little capital, but not many experienced traders would like tolerating the risk connected with such a leverage. 1.5 pips average spread on EUR/USD allows some really interesting short-term trading strategies.

Of course, it’s hardly a good broker choice for the professional traders or those who wish to start out with a big real account capital and a lower risk setting. Deposit and withdrawal can be done only via the credit card with this broker. Anyway, FXCM Micro is one of the few Forex brokers that offer micro Forex accounts and are regulated by the NFA.

Tags: Forex broker, FXCM, micro Forex
3 Comments »

Forex Technical Analysis for 09/08—09/12 Week

September 6th, 2008

EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: hold.
EUR/JPY trend: hold.

Floor Pivot Points
Pair	3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
EUR/USD	1.3541	1.3868	1.4068	1.4395	1.4595	1.4922	1.5122
GBP/USD	1.6854	1.7196	1.7430	1.7772	1.8006	1.8348	1.8582
USD/JPY	102.12	103.82	105.78	107.48	109.44	111.14	113.10
EUR/JPY	140.62	145.60	149.64	154.62	158.66	163.64	167.68

Woodie’s Pivot Points
Pair	2nd Sup	1st Sup	Pivot	1st Res	2nd Res
EUR/USD	1.3836	1.4004	1.4363	1.4531	1.4890
GBP/USD	1.7196	1.7430	1.7772	1.8006	1.8348
USD/JPY	103.82	105.78	107.48	109.44	111.14
EUR/JPY	145.60	149.64	154.62	158.66	163.64

Camarilla Pivot Points
Pair	4th Sup	3rd Sup	2nd Sup	1st Sup	1st Res	2nd Res	3rd Res	4th Res
EUR/USD	1.3977	1.4122	1.4170	1.4219	1.4315	1.4364	1.4412	1.4557
GBP/USD	1.7348	1.7507	1.7559	1.7612	1.7718	1.7771	1.7823	1.7982
USD/JPY	105.73	106.73	107.07	107.40	108.08	108.41	108.75	109.75
EUR/JPY	148.71	151.19	152.02	152.84	154.50	155.32	156.15	158.63

Tom DeMark’s Pivot Points
Pair	EUR/USD	GBP/USD	USD/JPY	EUR/JPY
Resistance	1.4495	1.7889	108.46	156.64
Support	1.3968	1.7313	104.80	147.62

Fibonacci Retracement Levels
Pairs	EUR/USD	GBP/USD	USD/JPY	EUR/JPY
100.0%	1.4723	1.8113	109.18	159.61
61.8%	1.4522	1.7893	107.78	156.16
50.0%	1.4460	1.7825	107.35	155.10
38.2%	1.4397	1.7757	106.92	154.04
23.6%	1.4320	1.7673	106.38	152.72
0.0%	1.4196	1.7537	105.52	150.59

Tags: EUR/JPY, EUR/USD, Fibonacci, GBP/USD, pivot points, technical analysis, USD/JPY
1 Comment »

Forex Technical Analysis for 09/01—09/05 Week

August 30th, 2008

EUR/USD trend: sell.
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	1.4322	1.4447	1.4562	1.4687	1.4802	1.4927	1.5042
GBP/USD	1.7390	1.7781	1.7996	1.8387	1.8602	1.8993	1.9208
USD/JPY	106.21	107.31	108.06	109.16	109.91	111.01	111.76
EUR/JPY	154.78	156.99	158.33	160.54	161.88	164.09	165.43

Woodie’s Pivot Points
Pair	2nd Sup	1st Sup	Pivot	1st Res	2nd Res
EUR/USD	1.4445	1.4558	1.4685	1.4798	1.4925
GBP/USD	1.7781	1.7996	1.8387	1.8602	1.8993
USD/JPY	107.31	108.06	109.16	109.91	111.01
EUR/JPY	156.99	158.33	160.54	161.88	164.09

Camarilla Pivot Points
Pair	4th Sup	3rd Sup	2nd Sup	1st Sup	1st Res	2nd Res	3rd Res	4th Res
EUR/USD	1.4546	1.4612	1.4634	1.4656	1.4700	1.4722	1.4744	1.4810
GBP/USD	1.7877	1.8043	1.8099	1.8154	1.8266	1.8321	1.8377	1.8543
USD/JPY	107.78	108.29	108.46	108.63	108.97	109.14	109.31	109.82
EUR/JPY	157.71	158.68	159.01	159.33	159.99	160.31	160.64	161.61

Tom DeMark’s Pivot Points
Pair	EUR/USD	GBP/USD	USD/JPY	EUR/JPY
Resistance	1.4745	1.8549	110.46	162.99
Support	1.4505	1.8192	108.61	159.44

Fibonacci Retracement Levels
Pairs	EUR/USD	GBP/USD	USD/JPY	EUR/JPY
100.0%	1.4811	1.8779	110.27	162.76
61.8%	1.4719	1.8548	109.56	161.40
50.0%	1.4691	1.8476	109.35	160.99
38.2%	1.4663	1.8404	109.13	160.57
23.6%	1.4628	1.8316	108.86	160.05
0.0%	1.4571	1.8173	108.42	159.21

Tags: EUR/JPY, EUR/USD, Fibonacci, GBP/USD, pivot points, technical analysis, USD/JPY
No Comments »

Forex Technical Analysis for 08/25—08/29 Week

August 23rd, 2008

EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: hold.
EUR/JPY trend: hold.

Floor Pivot Points
Pair	3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
EUR/USD	1.4446	1.4561	1.4677	1.4792	1.4908	1.5023	1.5139
GBP/USD	1.8379	1.8442	1.8484	1.8547	1.8589	1.8652	1.8694
USD/JPY	106.28	107.20	108.63	109.55	110.98	111.90	113.33
EUR/JPY	158.08	159.13	160.98	162.03	163.88	164.93	166.78

Woodie’s Pivot Points
Pair	2nd Sup	1st Sup	Pivot	1st Res	2nd Res
EUR/USD	1.4561	1.4677	1.4792	1.4908	1.5023
GBP/USD	1.8442	1.8484	1.8547	1.8589	1.8652
USD/JPY	107.20	108.63	109.55	110.98	111.90
EUR/JPY	159.13	160.98	162.03	163.88	164.93

Camarilla Pivot Points
Pair	4th Sup	3rd Sup	2nd Sup	1st Sup	1st Res	2nd Res	3rd Res	4th Res
EUR/USD	1.4665	1.4728	1.4750	1.4771	1.4813	1.4834	1.4856	1.4919
GBP/USD	1.8468	1.8497	1.8507	1.8516	1.8536	1.8545	1.8555	1.8584
USD/JPY	108.76	109.40	109.62	109.83	110.27	110.48	110.70	111.34
EUR/JPY	161.23	162.02	162.29	162.55	163.09	163.35	163.62	164.42

Tom DeMark’s Pivot Points
Pair	EUR/USD	GBP/USD	USD/JPY	EUR/JPY
Resistance	1.4990	1.8805	111.44	164.41
Support	1.4711	1.8516	109.09	161.51

Fibonacci Retracement Levels
Pairs	EUR/USD	GBP/USD	USD/JPY	EUR/JPY
100.0%	1.4908	1.8610	110.48	163.09
61.8%	1.4820	1.8570	109.58	161.98
50.0%	1.4793	1.8558	109.31	161.64
38.2%	1.4765	1.8545	109.03	161.30
23.6%	1.4732	1.8530	108.68	160.87
0.0%	1.4677	1.8505	108.13	160.19

Tags: EUR/JPY, EUR/USD, Fibonacci, GBP/USD, pivot points, technical analysis, USD/JPY
2 Comments »

A Six-Part Study Guide to Market Profile — Free eBook

August 22nd, 2008

Today I offer you a new free ebook to download from my site — A Six-Part Study Guide to Market Profile. Actually it’s not very new — it was written in 1996 by the Chicago Board of Trade professionals. It thoroughly explains the one of the most innovative but not too popular trading concept — the market profile. First it will help you understand what market profile is and how it can help in your trading. The good thing here that it doesn’t matter if you are a long-term or a short-term trader. And although it was written for the commodity traders, it can still be easily applied in the Forex market. Then it will teach you how to use the market profile to monitor both short-term and long-term trends. This book will also tell you how to relate the daily trading volume with market activity and benefit from it. Carrying out the actual trading decisions relying on the market profile data is described in the last two chapters of this ebook.

The only problem with this book is its size — it’s 346 pages long and it will take a while both to download and to read. Nevertheless, if you are interested in the concept of market profile it will be a helpful addition to your electronic library.

Tags: download, Forex book, free
No Comments »

EUR/USD Rises above the Friday Open Level

August 21st, 2008

Dollar declined today against the euro, allowing EUR/USD currency pair to rise above the last Friday’s open level. Currently it is trading near 1.4863 — 58 pips above Friday’s open. The decline was most probably caused by the investors’ concerns related to the U.S. financial market.

Initial jobless claims decreased from 445k to 432k last week in the United States — that’s below the median forecast 438k.

Leading indicators showed a more than expected declined posting a -0.7% change in July after 0.1% decline in June and 0.3% decline forecast for this month.

Philadelphia Fed index improved in August. It rose from -16.3 back in July to -12.7 this month. This growth exceeds the average estimate according to which the index should have risen to -13.4 only. Despite the growth it still remains at a very low negative level and is signaling a slowdown of the U.S. economy.

Tags: initial jobless claims, leading indicators, Philadelphia Fed
No Comments »

Statstical Forex System — Example MT4 Expert Advisor

August 20th, 2008

After saying so much about the statistical Forex systems, I think it’s time to give an example of one. But first, I have to warn that this exert advisor «as is» wasn’t profitable during tests — it had its losses and gains, but spread losses took over eventually, so I can’t suggest using it on your real money account. This expert advisor is good only as an example of an actual statistical Forex system. It uses Tom DeMark’s pivot points calculated over the last 5 bars, which are then normalized by subtracting the current Open price. I used it on EUR/USD H1 chart, but I believe that it can be used on any other currency pair and timeframe. It consists of two .mq4 files:

The first file is StatGathererExample.mq4 — as it appears from its name, this MetaTrader EA will only gather statistics. Run it via strategy tester on a 1-2 year history period (it doesn’t have to be a good quality history, because it has nothing to do with price ticks, and uses just your OHLC data from bars; just be sure to have enough bars in your chart). This EA gathers statistics over a period of time and stores it to MapPath file («rl.txt» by default) in your /tester/files/ directory. Copy it to /experts/files/ for further use by the actual expert advisor.

And the second file is StatRunnerExample.mq4 — this EA is used for the actual trading and on-the-fly statistics gathering. This EA uses MapPath file («rl.txt» by default) from your /tester/files/ (for strategy tester) or /experts/files/ (for actual use) to get the initial statistics. It also continues to gather its own statistics and appends it to the initial file, saving it after deinitilizing.

You can freely use these examples to construct your own statistical Forex systems. I am also currently developing a statistical expert advisor that would be profitable and I promise to share it after the testing period.

Tags: download, expert advisors, Forex system, MT4, statistics
No Comments »

EUR/USD Continues Falling on High PPI in U.S.

EUR/USD declined today for the fourth day as the producer price index was reported at a higher than expected level in the United States. Even the worsening of the housing market failed to press on the U.S. dollar today.

Building permits were at 937k in July down from 1,138k in June (revised up from 1,091k). They were expected to fall to 959k annual rate. There were 965k housing starts in July in U.S — down from 1,084k in June (revised up from 1,066k) and slightly above the forecast for July — 960k.

Producer price index (PPI) advanced 1.2% in July — below the 1.8% growth in June but twice as much as the average forecast of 0.6% for July.

Tags: EUR/USD, housing starts and building permits, PPI

imindianhacker@gmail.com (shailesh1) — Fri, 01 Aug 2008 05:11:00 +0000

e-gold

e-gold is an electronic currency, issued by e-gold Ltd., a Nevis corporation, 100% backed at all times by gold bullion in allocated storage.

Other e-metals are also issued: e-silver is 100% backed by silver, e-platinum is 100% backed by platinum, and e-palladium is 100% backed by palladium. However, the most popular e-metal (by an overwhelming margin) is e-gold.

e-gold is integrated into an account based payment system that empowers people to use gold as money. Specifically, the e-gold payment system enables people to spend specified weights of gold to other e-gold accounts. Only the ownership changes - the gold in the treasury grade vault stays put.

In other words, e-gold is an internetional payment system, which allows it's customers to make fast, inexpensive and reliable transactions over the Internet. That's why e-gold is a very recomended method for depositing and withdrawing funds with the FOREX broker companies. Following on-line Forex brokers support e-gold:

To open account with e-gold, please go to http://www.e-gold.com.

e-gold Forex Brokers

imindianhacker@gmail.com (shailesh1) — Fri, 01 Aug 2008 05:11:00 +0000

&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;lt;script language="JavaScript" type="text/javascript"&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;gt; document.write('&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;lt;a href="http://clk.atdmt.com/FXM/go/rnfrxeng0100000339fxm/direct/01/" target="_blank"&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;gt;&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;lt;img src="http://view.atdmt.com/FXM/view/rnfrxeng0100000339fxm/direct/01/"/&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;gt;&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;lt;/a&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;gt;'); &amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;lt;/script&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;gt;&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;lt;noscript&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;gt;&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;lt;a href="http://clk.atdmt.com/FXM/go/rnfrxeng0100000339fxm/direct/01/" target="_blank"&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;gt;&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;lt;img src="http://view.atdmt.com/FXM/view/rnfrxeng0100000339fxm/direct/01/" alt="FXCM - Forex Broker"&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;gt;&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;lt;/a&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;gt;&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;lt;/noscript&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;gt;

A list of Forex brokers which offer e-gold payment system as an option for funds deposit and withdraw. e-gold Forex brokers provide fast, usually commission free way to transfer money to and from Forex trading account, while keeping these transactions anonymous.

FXOpen:

Company:	Belvedere Inc.
On-line since:	2005
Regulation:	Incorporated in Seychelles, according to the terms of the International Business Companies Act (1994). Registration number: 032997.
Payment options:	WebMoney, CashU, E-Bullion, e-gold and wire transfer
Minimum account size:	$1
Minimum lot size:	0.001 lot
Leverage:	from 1:1 to 1:500
Spreads:	2 pips on EUR/USD
Rating:	9.2/10 with 227 votes Rate FXOpen Broker
eviews:	Read or write a review of FXOpen broker
Categories:	e-gold Forex brokers, Metatrader Forex brokers, Muslim Forex brokers, WebMoney Forex brokers

Advantages:

MetaTrader 4 Forex broker
Traders contests and competitions
Bonus for real trader account opening
Muslim Forex broker - no-overnight interest accounts
WebMoney funds deposit/withdraw option
Futures trading is available
Start trading with as little as $1

Disadvantages:

No important disadvantages

Click here to open an account with FXOpen

InstaForex:

Company:	InstaForex
On-line since:	2008
Regulation:	Unregulated
Payment options:	PayPal, wire transfer, credit cards, WebMoney, e-Bullion, e-gold and RuPay
Minimum account size:	$10
Minimum lot size:	0.01
Leverage:	from 1:1 to 1:500
Spreads:	3 pips on EUR/USD
Rating:	4.4/10 with 49 votes

Advantages:

MetaTrader 4 trading platform
6% interest rate on deposit
Flexible leverage
Wide range of funding options
Islamic (no interest) accounts available

Disadvantages:

No important disadvantages

Click here to open an account with InstaForex

FXcast:

Company:	FXcast
On-line since:	2005
Regulation:	Unregulated
Payment options:	WebMoney, E-bullion, E-Dinar, c-gold, Liberty Reserve, e-gold, wire transfer and credit cards
Minimum account size:	$10
Minimum lot size:	0.01 lot
Leverage:	from 1:25 to 1:400
Spreads:	3 pips on EUR/USD
Rating:	6.6/10 with 39 votes

Advantages:

Metatrader 4 Forex broker
WebMoney, e-Bullion, E-Dinar, c-gold, Liberty Reserve and wire transfer deposit/withdraw options
Leverage from 1:25 to 1:400
Muslim friendly Forex broker

Disadvantages:

No important disadvantages

Click here to open an account with FXcast

MasterForex:

Company:	Beaverhead Financial Inc.
On-line since:	2006
Regulation:	Registered in the Repupblic of Seychelles on the basis of the International Business Companies Act, 1994 (Act 24 of 1994). The company registration number is 028996.
Payment options:	Wire transfer, WebMoney, e-gold, e-Bullion
Minimum account size:	$1
Minimum lot size:	0.001 lot
Leverage:	up to 1:500
Spreads:	2 pips on EUR/USD
Rating:	4.4/10 with 52 votes

Advantages:

MetaTrader 4 trading platform
Trading from $1
WebMoney and e-Bullion deposit/withdrawal options

Disadvantages:

No important disadvantages

Click here to open an account with MasterForex

Ava FX:

Company:	Ava FX
On-line since:	2006
Regulation:	Unregulated
Payment options:	WebMoney, PayPal, Western Union, e-gold, credit cards and bank wire
Minimum account size:	$100
Minimum lot size:	0.1 lot
Leverage:	1:200
Spreads:	3 pips on EUR/USD
Rating:	9.0/10 with 22 votes

Advantages:

Variety of billing options available

Disadvantages:

No Metatrader 4 software support

Click here to open an account with Ava FX

Forex WebTrader:

Company:	Finexo Global Investments Ltd.
On-line since:	2007
Regulation:	Unregulated
Payment options:	e-gold, credit cards and wire transfer
Minimum account size:	$25
Minimum lot size:	0.01 lot
Leverage:	1:100
Spreads:	3 pips on EUR/USD
Rating:	7.8/10 with 5 votes

Advantages:

e-gold deposit/withdraw method
Web based Forex trading platform
Regular trader contests

Disadvantages:

No Metatrader 4 software support
No contact phone available

Click here to open an account with Forex WebTrader

Real Trade:

Company:	Real Trade Group
On-line since:	2003
Regulation:	Unregulated
Payment options:	e-gold, WebMoney and wire transfer
Minimum account size:	$20
Minimum lot size:	0.01 lot
Leverage:	1:100
Spreads:	3 pips on EUR/USD
Rating:	6.8/10 with 19 votes

e-gold deposit/withdraw method
Metatrader Forex broker

Disadvantages:

No important disadvantages

Click here to open an account with Real Trade

MoneyForex:

Company:	MoneyForex Financial Ltd.
On-line since:	2005
Regulation:	Incorporated in British Virgin Island (Registration Number 629302) under the provisions of the International Business Companies Act, 1984.
Payment options:	BPS, Citadel Checks, wire transfer, e-gold and E-bullion
Minimum account size:	$250
Minimum lot size:	0.1 lot
Leverage:	from 1:100 to 1:200
Spreads:	3 pips on EUR/USD
Rating:	7.3/10 with 7 votes

Advantages:

e-gold & E-bullion deposit/withdrawal methods support

Disadvantages:

No MetaTrader4 software support

Click here to open an account with MoneyForex

IFC Markets:

Company:	IFC Markets Corp.
On-line since:	2006
Regulation:	Incorporated in British Virgin Islands with registration number IBC CAP. 291 Reg. #669838 and is under jurisdiction of the Financial Services Commission (FSC).
Payment options:	WebMoney, e-gold, bank wire, credit cards and CashU
Minimum account size:	$1
Minimum lot size:	0.001 lot
Leverage:	1:100
Spreads:	2 pips on EUR/USD
Rating:	5.3/10 with 13 votes Rate IFC Markets Broker:

Advantages:

e-gold and WebMoney deposit options
Only $1 to start trading

Disadvantages:

No Metatrader 4 software support
e-gold is only available for accounts under $200

Click here to open an account with IFC Markets

Neuimex:

Company:	Neuimex Direct Dealing S.A
On-line since:	2005
Regulation:	Registered on British Virgin Islands.
Payment options:	WebMoney and e-gold
Minimum account size:	$400
Minimum lot size:	1 lot
Leverage:	1:33, 1:50 and 1:100
Spreads:	3 pips on EUR/USD
Rating:	6.8/10 with 19 votes

Advantages:

e-gold and WebMoney deposit options
Metatrader 4 Forex broker
Futures trading is available

Disadvantages:

No important disadvantages

Click here to open an account with Neuimex

MFN:

Company:	MFN & CMG
On-line since:	2005
Regulation:	Unregulated
Payment options:	Bank wire, credit cards and e-gold
Minimum account size:	$500
Minimum lot size:	0.1 lot
Leverage:	up to 1:400
Spreads:	3 pips on EUR/USD
Rating:	8.0/10 with 11 votes

Advantages:

e-gold deposit option
Muslim Forex trading accounts available

Disadvantages:

No Metatrader software support
U.S. citizens are not allowed to trade with MFN

Click here to open an account with MFN

Forex Brokers

imindianhacker@gmail.com (shailesh1) — Wed, 30 Jul 2008 06:18:00 +0000

MetaTrader 4 Forex Brokers — a list of Forex brokerage firms which support MetaTrader 4 Forex trading software as their trading platform.

PayPal Forex Brokers — a list of Forex brokers accepting PayPal on-line payment system as a way to deposit/withdraw money to/from customers' accounts.

WebMoney Forex Brokers — a list of Forex brokers that accept WebMoney e-currency system as the fast deposit/witdhrawal method, offering high security combined with the fast transfers.

e-gold Forex Brokers — a list of Forex brokers which accept e-gold payment system as the method of depositing/withdrawing funds to/from the trading accounts.

Muslim Friendly Forex Brokers — a list of Forex brokers which try to be friendly to Muslim Forex traders offering "no-interest" margin accounts.

Forex Brokers with Web Based Platform — a list of Forex brokers which fully support Forex trading without installing any trading software.

Forex Brokers with Advanced Trading Platform — a list of Forex brokers with unique and powerful Forex trading software.

Institutional Forex Brokers — a list of on-line Forex brokers which are backed by strong and respected off-line financial companies.

Forex Brokers with CFD Trading — a list of Forex broker companies that allow their traders to trade not only Forex, but also CFDs (Contracts for Difference).

ECN Forex Brokers — a list of on-line Forex brokers which act as ECNs (Electronic Communication Network) offering Forex traders highly competitive spreads.

A full list of retail Forex broker companies that offer on-line Forex trading services:

imindianhacker@gmail.com (shailesh1) — Wed, 30 Jul 2008 05:19:00 +0000

WebMoney is an electronic currency system operated by WM Transfer Ltd. There are several e-currencies circulating in this system, with the most popular being - WMZ (equals to $1 U.S.), WME (equals 1 euro) and WMR (equals 1 Russian ruble).

WebMoney utilizes several methods for their customers to access system accounts - WebMoney Keeper Classic (the most secure and fully functional access with highly sophisticated software), WebMoney Keep Lite (less secure, but still protected access - via Internet browser). Other methods are available but are rarely used. WebMoney can boast more than 100 million dollars daily turnaround funds and millions customers around the world. Though, WebMoney started as a Russian payment system, it is now became an internationally popular e-currency system with a large number of representatives in all over the world and the developed deposit/withdrawal system.

WebMoney is a highly secure on-line payment system, offering security through the special protected key-files - even if your password is hacked your funds are still secure. While generic WebMoney accounts are anonymous, money withdrawal transaction involve personal identification. These ways make WebMoney far more secured than e-gold or any other on-line payment system.

WebMoney is a good alternative for those Forex traders which search for fast, secure and easy-to-use method to fund their accounts without the troublesome worries with credit cards or bank wires. Many Forex brokers support WebMoney as the deposit/withdrawal option. Here is a short list of recommended Forex brokers supporting WebMoney .

To open account with WebMoney, please go to http://www.wmtransfer.com.

FXOpen — Forex Broker Reviews

imindianhacker@gmail.com (shailesh1) — Wed, 30 Jul 2008 05:09:00 +0000

User reviews of FXOpen are presented here. All reviews represent only their author opinion which is not necessarily based on real facts. If you want more information about this broke

cynthia grasvik from usa

08/22/2007

I opened a real account on 8/10/07 as of 8/21/07 my account has not been credited. I sent 3 e-mails with no response. Open a demo account and you will see no automatic rollovers. Avoid these crooks and thieves. Rated as a scam big time! Again, avoid this piece of shit company.

Cynthia G.

Seattle Wa.

cynthia grasvik from usa

08/22/2007

Being a muslim friendly broker is a joke. This company goes by at least 5 different names. I opened a real account weeks ago and have yet to have my account credited. All e-mails went unanswered. Avoid this crap company at all costs. Crooks and thieves. Rated as a #1 scam.

Cynthia G.

Seattle, Wa

FX Open Manager from Lithuana

08/29/2007

Dear cynthia grasvik,

Please provide any evidence about what are you talking about. Also, you can provide your account number and email adress so we can check for your activity ( I am sure that things you are posting never happened).

If you have any "real" problems working with us, please post it and we will try to solve it.

P.S. Hope Admin of the blog will allow my review.

Preet Kanwaljit Singh from India

08/29/2007

Opened an account with USD $17,000 on fxopen in July, I have withdrawn to bank twice already and made about 217% of my initial deposit trading GBPJPY pair so far.

I love this broker, very friendly and very good. Excellent trade execution and best of all I get excellent trades using my own custom indicators.

I strongly recommend this broker to everyone.

Jafar Calley from France

08/29/2007

I don't know what Cynthia's problem is. FXOpen has always been good to me in the 5 months I have been with them. My deposits are instant except for the ones by wire which hit my account with a reasonable 3 days delay.

As for Cynthia's claim the broker goes by 5 names, they are all the same broker. Regional partners such as fxfrench.com, fxmalay.com, fxind.com etc.. come with their own support staff for each region which is not such a bad thing.

As for having no emails answered, I find that hard to believe. The support is always there and if you think Cynthia is being truthful, just look on the official fxegypt forum for all the thankyous for the rapid and friendly service. There is even a thank you thread started by one of the traders.

They are not crooks or thieves. They even work out issues in your favour like one time there was a spike(on the old server. They have recently upgraded) on aud/usd that took out my stop loss. 1/2 hour after my email complaining about it, my money was returned to the account, and the position re-established which eventually rode to my take profit target.

In a nutshell, fast service, low spread, fast execution and a good selection of currency pairs and futures to trade makes fxegypt (an FXOpen partner) my choice of broker.

Reynan from Philippines

09/02/2007

Hi Everyone... I highly recommend this broker. I have been trading for quite while and as i tried this broker i found them very reputable. Spreads are tight and never widen even during news time. On fast moving market you will get requote but that is the reality in fx market which simply means that no widening really is happening. SLs and TPs are guaranteed to be executed. If you want instant answers to your questions go contact their online support and you will have the answers. I am managing more than 20k account with them and executing as high as 8 lots on one single transactions but never encountered any problem. if you want any proof you may email me: mark_ethan27@yahoo.com

DAVID BOONE from USA

09/09/2007

Hi all! I was very satisfied when i got 1$ to my new micro account as they promised! And i was satisfied even greater when i got pay out to my e-gold account after i made some profit!

fxopen - respect!

Mohamed Ahmed from Egypt

11/12/2007

SCAM COMPANY

at 3-10-2007

i traded AUD retail sales news "check attachment"

i made more than 2,000$ profit

next day fxopen email says:

> Hello,

> your account 13654 will be closed permanently. You will be able to

> withdraw your initial deposit form that account.

this is management decision. Your remain money will be processed to

you by the method of your deposit

Ty Amani from USA	12/24/2007
I'm thinking of opening life account with fxopen but...? FX Open Manager from Lithuana please respond to the last posting by Mohamed Ahmed from Egypt.

nik harman hamzi from Malaysia

01/03/2008

hello,

my opinion is fxopen the best broker which i used before. they attracted me by proposing bonus(of course i lost it). but their conditions and execution speed made me to stay with them more. now i tripled my balance:) and this is from september, not bed i think:)

fxopen keep your great work!!!

muhammad irwan from Malaysia

12/28/2007

I have heard from my friends this broker are the best broker but im still in survey to find good and honest broker.But im still not confident with this broker because their website is too simple no address how to contact only juat phone number.This company have many times change their name from Beaverhead to poltek and lastly to belvedre.Is it this company have a licensed and registered?

To lithuana please respond to the last posting by Mohamed Ahmed from egypt.

Ahmad from Malaysia	01/14/2008
Regardless of what people are saying... For me this broker are truly fantastic , I have no problem with this broker , all things are perfect....Thanks... In addition this broker have introduced multiple language option... fxopen (english), fxegypt(arab) , fxmalay(malay) & fxindo(indonesia) ,fxind.com(indonesia) & many more I think.... Thanks, admin...

Javen from Singapore

01/29/2008

This company is a scam company.

after the Non Farm payroll news JAN08, i started trading and had incur losses.

after few hours later, there was a CAD news,

i have make a profit of $2640USD using 4 lots on that trade.

It was my only winning trade.

When i was happy that i have recover all my losses + profits.

i wanted to make a withdrawal.

But the TRADE profit became 0.

and i ask the online help,

they just divert me to finance@ fxopen etc

and i did not even receive any respond or explanation at all.. and i had email them several times.

i try going online through the online help but no USE.

Calling them but to no avail.

once they hear your acc no., they will say they cant hear properly and hang up.

What sort of services is this??

Loses i paid...

then my Winnings THEY TAKE AWAY!!!!!!!

SCAM.

Anyway to bring them down.?

i even have the black and white.

and the statement shows clearly

John Nondas from USA	02/02/2008
I'am using this broker in addition to my main(GFT) as they allow using EA. Very good broker for teting any strategies. WIthdrawal- no problem even fater then in GFT.

Jesse from USA

02/10/2008

this guys really good. I recomend to everyone. I got 100% during the news time on Friday and in 2 hours my profit was at my e-bullion account! WOW!

fxopen the best!

balldrick from Earth

03/26/2008

Do not enter into any dialogue with these people.They are professional liars and will just twist it all around and make it look like your fault.They are a scam #1 scam they were never a broker the money you see in your account is not real they have kept and spent your money as soon as you sent it to them.Anyone rating them as good are either affiliate customers trying to get you to sign up or it is them.SCAM STAY AWAY 100%

Bob Gever from Concord NH USA	03/30/2008
Any company not telling you there owners name and phyical addrees is not to be trusted!!!

FXOpen Representative from BLR

04/28/2008

Hello cynthia grasvik from usa, you can contact FXOpen Manager direct by using SKYPE: fxegypt.com , be sure that FXOpen is not interested to take your money at all.

Regards.

Enki from Canada

05/10/2008

Hi Everybody...

Here is a horror story about this broker

www.fxopen.info

FXOpen from Lithuania

05/21/2008

Hello Enki,

fxopen.info is a project made by our ex-partners which have no any other ideas just to make "black" piar against FXOpen, which is one of the most fast growing companies on the market. This is busines...

mayank sharma from india

07/03/2008

search online for any broker. ull find people saying good nd bad things, but normally not many people say -THANK YOU BROKER. its just normal mentality. just imagine ur self writing a review nd imagine how its gonna be.

now just look above on the page- ull see many thank u's.

whats the conclusion - FXopen writes its own reviws or gets them written. it has to be a scam!

Alain from Canada	07/04/2008
Well, I've read lots of review here, but not sure either true or not. I want to open a 1$ dollar account and test out.

uciyaya from malaysia	07/05/2008
i loved this broker so much.ive been 1year with the.if i got any problem they solve my problem.thnaks

FXOpen from LTU

07/06/2008

Dear mayank sharma from india,

We have opened a thread at our forum with the link to earnforex.com website http://forum.fxopen.com/showthread.php?t=16511 so each of our forum users can make a post here (positive or negative). Whats the conclusion? FXopen have many Clients.

Mohammed Sikdar from USA

07/16/2008

Hello all,

I've read so many reviews to choose a broker and I did not find even a single one with out bad and some good comment. The fact is all brokers want to avoid scalpers.So trade yourself and gain experience. I'm going to open an account to taste all above comment.

Thank you.

P,S- "you can have everything in your life,if you

can help enough other people to get what they

wants " http:// www.ms2008.ws

To submit your own Forex broker review for FXOpen fill the form below. Your review will be checked by a moderator and published on this page.

By submitting a Forex broker review to EarnForex.com you approve that you grant us a right to publish and change this review at no cost and without any warranties.

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WebMoney Forex Brokers

imindianhacker@gmail.com (shailesh1) — Wed, 30 Jul 2008 05:04:00 +0000

A list of Forex brokers that offer WebMoney electronic payment system as the method to deposit/withdraw funds to/from trading account. WebMoney Forex brokers allow their customers to use this secure, fast and low commission e-currency system to make customers' Forex experience less burdened with secondary matters.

FXOpen:

Company:	Belvedere Inc.
On-line since:	2005
Regulation:	Incorporated in Seychelles, according to the terms of the International Business Companies Act (1994). Registration number: 032997.
Payment options:	WebMoney, CashU, E-Bullion, e-gold and wire transfer
Minimum account size:	$1
Minimum lot size:	0.001 lot
Leverage:	from 1:1 to 1:500
Spreads:	2 pips on EUR/USD
Rating:	9.1/10 with 214 votes Rate FXOpen Broker:
Reviews:	Read or write a review of FXOpen broker
Categories:	e-gold Forex brokers, Metatrader Forex brokers, Muslim Forex brokers, WebMoney Forex brokers

Advantages:

MetaTrader 4 Forex broker
Traders contests and competitions
Bonus for real trader account opening
Muslim Forex broker - no-overnight interest accounts
WebMoney funds deposit/withdraw option
Futures trading is available
Start trading with as little as $1
Futures trading is available
Start trading with as little as $1

Disadvantages:

No important disadvantages

Click here to open an account with FXOpen

InstaForex:

Company:	InstaForex
On-line since:	2008
Regulation:	Unregulated
Payment options:	PayPal, wire transfer, credit cards, WebMoney, e-Bullion, e-gold and RuPay
Minimum account size:	$10
Minimum lot size:	0.01
Leverage:	from 1:1 to 1:500
Spreads:	3 pips on EUR/USD
Rating:	4.7/10 with 43 votes

Advantages:

MetaTrader 4 trading platform
6% interest rate on deposit
Flexible leverage
Wide range of funding options
Islamic (no interest) accounts available

Disadvantages:

No important disadvantages

Click here to open an account with InstaForex

FXcast:

Company:	FXcast
On-line since:	2005
Regulation:	Unregulated
Payment options:	WebMoney, E-bullion, E-Dinar, c-gold, Liberty Reserve, e-gold, wire transfer and credit cards
Minimum account size:	$10
Minimum lot size:	0.01 lot
Leverage:	from 1:25 to 1:400
Spreads:	3 pips on EUR/USD
Rating:	6.6/10 with 39 votes

Advantages:

Metatrader 4 Forex broker
WebMoney, e-Bullion, E-Dinar, c-gold, Liberty Reserve and wire transfer deposit/withdraw options
Leverage from 1:25 to 1:400
Muslim friendly Forex broker

Disadvantages:

No important disadvantages

Click here to open an account with FXcast

MasterForex:

Company:	Beaverhead Financial Inc.
On-line since:	2006
Regulation:	Registered in the Repupblic of Seychelles on the basis of the International Business Companies Act, 1994 (Act 24 of 1994). The company registration number is 028996.
Payment options:	Wire transfer, WebMoney, e-gold, e-Bullion
Minimum account size:	$1
Minimum lot size:	0.001 lot
Leverage:	up to 1:500
Spreads:	2 pips on EUR/USD
Rating:	5.1/10 with 51 votes

Advantages:

MetaTrader 4 trading platform
Trading from $1
WebMoney and e-Bullion deposit/withdrawal options

Disadvantages:

No important disadvantages

Click here to open an account with MasterForex

LiteForex:

Company:	Straighthold Investment Group Inc.
On-line since:	2004
Regulation:	Registered resident of the British Virgin Islands, according to the terms of the International Business Companies Act (Chap. 291).
Payment options:	WebMoney, e-Bullion and Liberty Reserve
Minimum account size:	$0.01
Minimum lot size:	0.001 lot
Leverage:	1:100
Spreads:	3 pips on EUR/USD
Rating:	6.6/10 with 69 votes

Advantages:

Metatrader Forex broker
WebMoney deposit/withdraw method
Very low minimum deposit to start trading

Disadvantages:

No important disadvantages

Click here to open an account with LiteForex

Alpari:

Company:	Alpari Limited
On-line since:	1998
Regulation:	Authorised and regulated by the Financial Services Authority. FSA Register number 448002.
Payment options:	Bank wire
Minimum account size:	$200
Minimum lot size:	0.01 lot
Leverage:	1:100
Spreads:	2 pips on EUR/USD
Rating:	8.3/10 with 35 votes

Advantages:

MetaTrader 4 Forex broker

Disadvantages:

No important disadvantages

Click here to open an account with Alpari

Interbank FX:

Company:	Interbank FX
On-line since:	2001
Regulation:	Registered Futures Commission Merchant (FCM), registered with the Commodity Futures Trading Commission (CFTC).
Payment options:	Bank wire, credit cards, check
Minimum account size:	$250
Minimum lot size:	0.1 lot
Leverage:	1:100
Spreads:	2 pips on EUR/USD
Rating:	8.4/10 with 45 votes

Advantages:

MetaTrader 4 Forex broker
Really low spreads

Disadvantages:

Opening an account is a complicated process

Click here to open an account with Interbank FX

X-Trade Brokers:

Company:	X-Trade Brokers S.A.
On-line since:	2006
Regulation:	Regulated by the Securities and Exchange Commissions of European Union.
Payment options:	Bank wire
Minimum account size:	$2,000
Minimum lot size:	0.1 lot
Leverage:	1:100
Spreads:	3 pips on EUR/USD
Rating:	8.1/10 with 19 votes

Advantages:

MetaTrader4 software support
Supports trading over the phone
Muslim Forex broker

Disadvantages:

No mini Forex accounts
Opening an account is a complicated process

Click here to open an account with X-Trade Brokers

Tadawul FX:

Company:	Tadawul FX SA.
On-line since:	2006
Regulation:	Registered with ARIF (Association Romande des Intermédiaires Financiers) - a Swiss organization against money laundering, is also audited by Swiss financial auditor VERIFID.
Payment options:	Bank wire
Minimum account size:	$1,000
Minimum lot size:	0.1 lot
Leverage:	from 1:33 to 1:100
Spreads:	3 pips on EUR/USD
Rating:	8.5/10 with 16 votes

Advantages:

Islamic Forex broker
MetaTrader4 Forex broker
Registered with very serious regulation authorities
Mobile trading supported

Disadvantages:

Opening an account is a complicated process

Click here to open an account with Tadawul FX

Hotspot FX:

Company:	Hotspot FX LLC
On-line since:	2000
Regulation:	Member of the National Futures Association (NFA) and is registered as a Futures Commission Merchant with the Commodity Futures Trading Commission (CFTC).
Payment options:	Bank wire and checks
Minimum account size:	$7,500
Minimum lot size:	1 lot
Leverage:	1:33 and 1:50
Spreads:	ECN broker - spread varies
Rating:	8.4/10 with 27 votes

Advantages:

One of leading ECN brokers
Advanced trading platform
MetaTrader 4 API integration is available

Disadvantages:

No mini Forex accounts
Account opening is a complicated process

Click here to open an account with Hotspot FX

Real Trade:

Company:	Real Trade Group
On-line since:	2003
Regulation:	Unregulated
Payment options:	e-gold, WebMoney and wire transfer
Minimum account size:	$20
Minimum lot size:	0.01 lot
Leverage:	1:100
Spreads:	3 pips on EUR/USD
Rating:	6.8/10 with 17 votes

Advantages:

egold deposit/withdraw method
Metatrader Forex broker

Disadvantages:

No important disadvantages

Click here to open an account with Real Trade

Crown Forex:

Company:	Crown Forex SA
On-line since:	2004
Regulation:	Affiliated with the self-regulatory ARIF association.
Payment options:	Wire transfer
Minimum account size:	$300
Minimum lot size:	0.1 lot
Leverage:	up to 1:200
Spreads:	1 pip on EUR/USD
Rating:	7.3/10 with 17 votes

Advantages:

Metatrader Forex broker
Low spreads

Disadvantages:

Opening an account is a complicated process
Limited use of Metatrader expert advisors

Click here to open an account with Crown Forex

Forex Tools

imindianhacker@gmail.com (shailesh1) — Mon, 28 Jul 2008 12:50:00 +0000

&amp;amp;amp;amp;lt;script language="JavaScript" type="text/javascript"&amp;amp;amp;amp;gt; document.write('&amp;amp;amp;amp;amp;lt;a href="http://clk.atdmt.com/FXM/go/rnfrxeng0100000339fxm/direct/01/" target="_blank"&amp;amp;amp;amp;amp;gt;&amp;amp;amp;amp;amp;lt;img src="http://view.atdmt.com/FXM/view/rnfrxeng0100000339fxm/direct/01/"/&amp;amp;amp;amp;amp;gt;&amp;amp;amp;amp;amp;lt;/a&amp;amp;amp;amp;amp;gt;'); &amp;amp;amp;amp;lt;/script&amp;amp;amp;amp;gt;&amp;amp;amp;amp;lt;noscript&amp;amp;amp;amp;gt;&amp;amp;amp;amp;lt;a href="http://clk.atdmt.com/FXM/go/rnfrxeng0100000339fxm/direct/01/" target="_blank"&amp;amp;amp;amp;gt;&amp;amp;amp;amp;lt;img src="http://view.atdmt.com/FXM/view/rnfrxeng0100000339fxm/direct/01/" alt="FXCM - Forex Broker"&amp;amp;amp;amp;gt;&amp;amp;amp;amp;lt;/a&amp;amp;amp;amp;gt;&amp;amp;amp;amp;lt;/noscript&amp;amp;amp;amp;gt;

Forex Tools

The presented Forex tools can assist you both in technical analysis and money management which will greatly enhance your trading results. All these online Forex tools are totally free and can be used at no cost:

MT4 Expert Advisors - Download free expert advisors for a Metatrader 4 trading platform. Test and use these EAs to empower your automated Forex trading and also to help the developing of your own Metatrader expert advisor or Forex strategy.

MT4 Forex Indicators - Free downloads of the MetaTrader indicators for a Metatrader 4 trading platform. You can use these indicators to improve your Forex trading strategy or develop your own MetaTrader 4 expert advisors.

Pivot Points Calculator - Four online web based pivot points calculators will help you to generate pivot points for any given time period. Pivot points are used to as the most important market trend points, where trend can meet support or resistance and actually change its course. Floor, Tom Demark's, Woodie's and Camarilla pivot points building rules are available with this free calculator. You don't need to download any software, just fill the form and get instant pivot point, resistance and support levels.

Pip Value Calculator - How much is one pip? How about EUR/CHF or CAD/JPY? With this free and fast online tool you can find out the value of 1 pip in USD for any lot size and any major or cross currency pair. Fill the form and get the pip value in one moment. No need to download any software!

Fibonacci Calculator - The web based Fibonacci retracement calculator will help you to generate basic Fibonacci retracement values for any given trend. These retracement values can be used as the most natural points of support and resistance for a given trend for any currency pair. On the currency trading market, the use of Fibonacci retracement levels to set orders and targets is one of the best ways to organize trader's portfolio.

Books about Advanced Forex Trading

imindianhacker@gmail.com (shailesh1) — Mon, 28 Jul 2008 10:00:00 +0000

Here you will find the Forex e-books that contain more advanced information than the average popular book about financial trading. In some cases, understanding these books is impossible without a lot of experience in Forex and sometimes the extended knowledge of mathematics.

Almost all Forex e-books are in .pdf format. You'll need Adobe Acrobat Reader to open these e-books. Some of the e-books (those that are in parts) are zipped.

If you are the copyright owner of any of these e-books and don't want me to share them, please, contact me and I will gladly remove them.

A New Interpretation of Information Rate — by J. L. Kelly Jr.

CCI Manual — by James L. O'Connell.

Nicktrader and Jeff Explaining Reverse and Regular Divers — from Woodies CCI Club Discussion From January 15,16 2004.

NickTrader on No Price CCI Divergence Trading — by Nicktrader.

Are Supply and Demand Driving Stock Prices? — by Carl Hopman.

The Sharpe Ratio — by William F. Sharpe.

The Interaction Between the Frequency of Market Quotes, Spread and Volatility in Forex — by Antonis A. Demos and Charles A. E. Goodhart, a scientific article from the Applied Economics.

Trend Determination — by John Hayden, a quick, accurate and effective methodology for trend determination on the financial markets.

Trend vs. No Trend — by Brian Dolan an article from TRADERS' Magazine July 2005 issue, which deals with the trend/no trend paradox encountered by many traders who think that "the trend is your friend".

Forex Strategy Books

imindianhacker@gmail.com (shailesh1) — Mon, 28 Jul 2008 09:27:00 +0000

Forex strategy e-books that are listed here provide information on the specific trading strategies as well as the use of particular Forex trading instruments. Basic knowledge of Forex trading is required to correctly understand and use these strategies.

Almost all Forex e-books are in .pdf format. You'll need Adobe Acrobat Reader to open these e-books. Some of the e-books (those that are in parts) are zipped.

If you are the copyright owner of any of these e-books and don't want me to share them, please, contact me and I will gladly remove them.

1-2-3 System — A simple pattern trading system by Mark Crisp.

Bollinger Bandit Trading Strategy — A trading system based on Bollinger bands indicator by unknown author.

Value Area — from The Likos Letter.

The Dynamic Breakout II Strategy — by unknown author.

Ghost Trader Trading Strategy — by unknown author.

King Keltner Trading Strategy — by unknown author.

Scalp Trading Methods — by Kevin Ho.

LSS - An Introduction to the 3-Day Cycle Method — by George Angell.

Market Turns And Continuation Moves With The Tick Index — by Tim Ord.

The Money Manager Trading Strategy — by unknown author.

Picking Tops And Bottoms With The Tick Index — by Tim Ord.

The Super Combo Day Trading Strategy — by unknown author.

The Eleven Elliott Wave Patterns — by unknown author.

The Thermostat Trading Strategy — by unknown author.

Intraday trading with the TICK — by Christopher Terry.

Traders Trick Entry — by Traders Educators of Traders University.

Fibonacci Trader Journal — a journal covering different trading techniques based on Fibonacci indicators, by Robert Krausz. 12 issues.

Rapid Forex — a set of aggressive Forex trading strategies (Rapid Forex) by Robert Borowski and Stephen A. Pierce.

Microtrading the 1 Minute Chart — a small e-book aimed on Forex newbies to teach them the basics of M1 scalping.

BunnyGirl Forex Trading Strategy Rules and FAQ — set of rules for a BunnyGirl trading strategy based on WMA crossing.

The Daily Fozzy Method — by Michael Dunbar.

Street Smarts — High probablity short term trading strategies by Laurence A. Connors and Linda Bradford Raschke.

Forex Trader's Cheat Sheet — real Forex cheat sheet for position entry times/conditions by Quantum Research Management Group.

Offest Trading — a basic Forex news trading range breakout system by Dana Martin.

How to Trade Both Trend and Range Markets by Single Strategy? — by S.A. Ghafari.

A Practical Guide to Technical Indicators; Moving Averages — by S.A. Ghafari.

FX Wizard — essential Forex trading rules by Rob Walton.

FX Destroyer — a description of a rather simple Forex trading strategy, invloving moving averages, parabolic SAR and ADX indicators, by Izu Franks.

Money Management Forex Books

imindianhacker@gmail.com (shailesh1) — Mon, 28 Jul 2008 09:25:00 +0000

While Forex trading is tightly connected with analysing the charts and the fundamental indicators, knowing where to enter and where to exit a position is not enough. Professional traders manage their risks and devote a lot of their time to learning the techniques of the proper money management. Here you can find some of the best Forex e-books about money management in the financial trading.

Almost all Forex e-books are in .pdf format. You'll need Adobe Acrobat Reader to open these e-books. Some of the e-books (those that are in parts) are zipped.

If you are the copyright owner of any of these e-books and don't want me to share them, please, contact me and I will gladly remove them.

Risk Control and Money Management — by Gibbons Burke.

Money Management — A chapter from The Mathematics of Gambling.

Position-sizing Effects on Trader Performance: An experimental analysis — by Johan Ginyard.

Fine-Tuning Your Money Management System — by Bennett A. McDowel.

Trade Your Way to Financial Freedom — by Van K. Tharp.

Money Management: Controlling Risk and Capturing Profits — by Dave Landry, a short but educative guide to money management for the financial traders.

Money Management in Gambling — an excerpt seection of the classic book by Dr. Edward O. Thorp — The Mathematics of Gambling; this chapter deals with the probabilities and money management in risk activities, so it's included here.

Forex Trading Psychology Books

imindianhacker@gmail.com (shailesh1) — Mon, 28 Jul 2008 09:13:00 +0000

Controlling one's emotions is vital for every Forex trader. Here you will find the free e-books about Forex trading psychology and emotion control in the financial trading. You will learn how to calm yourself and set the long-term goals in your trading. Recommended for all traders.

Almost all Forex e-books are in .pdf format. You'll need Adobe Acrobat Reader to open these e-books. Some of the e-books (those that are in parts) are zipped.

If you are the copyright owner of any of these e-books and don't want me to share them, please, contact me and I will gladly remove them.

A Course in Miracles — A Christian view on the probability by unknown author.

Thoughts on Trading — Some general thoughts about financial trading by Joe Ross.

Calming The Mind So That Body Can Perform — by Robert M. Nideffer, Ph.D.

Emotion Free Trading — "How to consistently act in your own best interest with your off-the-floor trading!" by Larry Levin.

How George Soros Knows What He Knows — a must-read book by Flavia Cymbalista, Ph.D.

Lifestyles of the Rich and Pipped — by Rob Booker & Kim Shaftner, M.D.

The Miracle of Discipline — by W.R. Booker & Co.

Zoom in on Personal Trading Behavior And Profit from It — by Linda Bradford Raschke.

The Woodchuck and the Possum — by Rob Booker.

25 Rules Of Forex Trading Discipline — by Douglas E. Zalesky.

Stop Losses Are For Sissies — by W. R. Brooker & Co. - a rather descriptive evidence of how important stop losses in Forex trading are.

Your Personality and Successful Trading — by Windsor Advisory Services - describes and discusses almost all psychological and emotional aspects of financial trading.

Forex Trading Psychology Books

imindianhacker@gmail.com (shailesh1) — Mon, 28 Jul 2008 09:11:00 +0000

Almost all Forex e-books are in .pdf format. You'll need Adobe Acrobat Reader to open these e-books. Some of the e-books (those that are in parts) are zipped.

If you are the copyright owner of any of these e-books and don't want me to share them, please, contact me and I will gladly remove them.

A Course in Miracles — A Christian view on the probability by unknown author.

Thoughts on Trading — Some general thoughts about financial trading by Joe Ross.

Calming The Mind So That Body Can Perform — by Robert M. Nideffer, Ph.D.

Emotion Free Trading — "How to consistently act in your own best interest with your off-the-floor trading!" by Larry Levin.

How George Soros Knows What He Knows — a must-read book by Flavia Cymbalista, Ph.D.

Lifestyles of the Rich and Pipped — by Rob Booker & Kim Shaftner, M.D.

The Miracle of Discipline — by W.R. Booker & Co.

Zoom in on Personal Trading Behavior And Profit from It — by Linda Bradford Raschke.

The Woodchuck and the Possum — by Rob Booker.

25 Rules Of Forex Trading Discipline — by Douglas E. Zalesky.

Stop Losses Are For Sissies — by W. R. Brooker & Co. - a rather descriptive evidence of how important stop losses in Forex trading are.

Your Personality and Successful Trading — by Windsor Advisory Services - describes and discusses almost all psychological and emotional aspects of financial trading.

Forex Market Books

imindianhacker@gmail.com (shailesh1) — Mon, 28 Jul 2008 09:07:00 +0000

The Forex books that are presented in this section cover the general aspects of Forex and financial trading. They provide the information that is interesting not only to the Forex beginners but also to the experienced Forex traders that want to learn something new or to maintain a proper structure of their knowledge of the Forex market.

Almost all Forex e-books are in .pdf format. You'll need Adobe Acrobat Reader to open these e-books. Some of the e-books (those that are in parts) are zipped.

If you are the copyright owner of any of these e-books and don't want me to share them, please, contact me and I will gladly remove them.

Screen Information, Trader Activity, and Bid-Ask Spreads in a Limit Order Market — An in-depth work on a Limit Order Market by Mark Coppejans and Ian Domowitz.

Strategic experimentation in a dealership market — by Massimo Massa and Andrei Simonov.

Limit Orders, Depth, and Volatility — by Hee-Joon Ahna, Kee-Hong Baeb and Kalok Chan.

Reminiscences of a Stock Operator — the best of the best book on financial trading by Edwin Lefevre.

Market Profile Basics — by Jayanthi Gopalakrishnan.

Quote Setting and Price Formation in an Order Driven Market — by Puneet Handa, Robert Schwartz and Ashish Tiwari.

Phantom of the Pits — General thoughts and opinions on trading and market by Arthur L. Simpson.

An Introduction to Market Profile and a User's Guide to Capital Flow Software — by J. Peter Steidlmayer and Ted Hearne.

The Effect of Tick Size on Volatility, Trader Behavior, and Market Quality — by Tavy Ronen and Daniel G. Weaver.

Trading as a Business — by unknown author.

What Moves the Currency Market? — by Kathy Lien - Find out which economic factors help shape the short-term and long-term forex landscape.

Macroeconomic Implications of the Beliefs and Behavior of Foreign Exchange Traders — by Yin-Wong Cheung and Menzie D. Chinn.