Featured Blog Posts (1,633)

Two Forex Trading Principles That Successful Traders Consider More Important Than Strategies

You can go to a university to get a first degree followed by a second (higher) degree, work certain jobs, and achieve remarkable success in your career. It’s just unfortunate that forex trading isn’t one of those “jobs” that promise any level of success based on a fancy degree.

That is because a degree in anything that gives any level of understanding of the financial markets will only make you a very good strategist – at best. But history has…

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Added by Sam Wexler on September 12, 2016 at 5:44pm — No Comments

EUR/USD: general review





Current trend





Yesterday the EUR/USD pair significantly grew and reached the level of 1.1262.



The pair was supported by weak data on the ISM Non-Manufacturing PMI in the US. In August, the index fell from 55.5 to 51.4 points while experts forecasted a decline to only 55.0 points. After the release, the probability of an interest rate hike in September fell to 9%.



Tomorrow extra attention needs to be paid to the ECB Interest Rate Decision.… Continue

Added by AlexanderLF on September 7, 2016 at 5:51pm — No Comments

Apple Inc. (AAPL) Rallies Before iPhone Debuts,

Apple Inc. (AAPL) Rallies Before iPhone Debuts, But …Traders wanto to be bullish on Apple stock, but they´re struggling to find good reason, and the Iphone 7 might not solve that. 

Professional consumer-technology critics may not be thrilled about what’s apt to be unveiled by Apple Inc. (NASDAQ:AAPL) on Wednesday. (Most likely the iPhone 7.) But Apple stock holders aren’t deterred. Despite several…
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Added by Maria Galindo on September 7, 2016 at 1:05am — No Comments

GBP/USD: general review





Current trend





The pair continues growing amid positive macroeconomic statistics from the UK. The Markit Services PMI showed a significant increase from 47.4 to 52.9 points, against forecasted 50.0 points. In addition, the US Dollar remains under pressure after Friday’s publication of the labour market report that did not match the expectations.



Today pair’s dynamics can be affected by data on the ISM Non-Manufacturing PMI from the US. A forecasted… Continue

Added by AlexanderLF on September 6, 2016 at 2:26pm — No Comments

EUR/USD: pair trades mixed





Current trend





The Euro is trying to grow during the morning session after sharp fluctuations last Friday amid the publication of data on the US labour market.



The US Labour Department reported nonfarm payrolls rose by 151 000 jobs in August, following a gain of 275 000 in July, and against market consensus of 180 000. The unemployment rate remained at 4.9% while a decline to 4.8% was expected.





Despite relatively weak data, market… Continue

Added by AlexanderLF on September 5, 2016 at 1:43pm — No Comments

Get rid of these myths about Forex Brokers

Forex brokers, very simply can be described as your window to the largest currency market in the world. Thanks to these brokers, we are able to log in to a trading platform and participate in trading at the first place. Needless to say, discussions on forex brokers are to be found everywhere- the trading forums, social media and blogs. If there are different sources, there is a dizzying array of misconceptions as well. What are the most common myths as far as forex brokers are…

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Added by Sam Wexler on August 8, 2016 at 5:00pm — No Comments

AUD/USD: review and forecast





Current trend





Today the pair continued growing and reached the level of 0.7665 amid commentaries from the Reserve Bank of Australia on its monetary policy. In its statement, the regulator noted that the pace of growth of the world economy remain below the average while inflation will stay below the targeted 2%-3%. Nonetheless, the regulator did not revise its economy growth forecast, which supported the AUD.



Today attention should be paid to data… Continue

Added by AlexanderLF on August 5, 2016 at 4:37pm — No Comments

GBP/USD: general analysis





Current trend





After the Bank of England decided its cut interest rates to 0.25%, the GBP/USD pair lost more than 200 points. Having reached its low in the region of 1.3111, the price corrected up. The instrument gained moderate support when data on US Initial Jobless Claims showed a 3 000 increase to 269 000 for the week ended July 30.



On Friday market participants will turn their attention to statistics for July on US Nonfarm Payrolls and… Continue

Added by AlexanderLF on August 4, 2016 at 6:40pm — No Comments

Today's JPY Strength and Live Trading Signals

Today in forex trading the JPY was strong across all pairs in this currency group. This drove significant price movement and opportunities for forex traders. Images of the live trading signals from The Forex Heatmap® and chart movement for these pairs is shown below. For a comprehensive analysis of the CHF/JPY, USD/JPY and the other JPY pairs go to our website. These live…

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Added by Mark Mc Donnell on August 3, 2016 at 7:14am — No Comments

Client Portal myGBE - "do it on your own"

GBE brokers Ltd. has built up a client friendly client portal called myGBE, which is accessible for every live client via the homepage of GBE brokers Ltd.



On myGBE clients have a full overview not only about the own data and statements, but they are also able to upload their own documents, which simplifies the whole account set up process for both sides.

Besides the documentation set up, clients are able to change leverage and set up additional trading accounts on different…

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Added by Antje Wagner on August 2, 2016 at 1:34pm — No Comments

GBP/USD: review and forecast





Current trend



Yesterday the GBP/USD pair was growing and gained 250 points but then started correcting down and lost 150 points. There is a strong chance that descending movement will continue. Today the pair might be influenced by UK’s Q1 GDP data, due at 10:30 am (GMT+2).







Support and resistance




The price is moving down from the middle MA of Bollinger Bands to the lower one. The price range is narrowing. The price is likely… Continue

Added by AlexanderLF on June 30, 2016 at 2:05pm — No Comments

GBP/USD: general analysis





Current trend





Yesterday almost 52% of British people voted to leave the European Union, and the Pound crashed to its 30-year low. Moreover, the GBP/USD pair was under pressure from strong data on the number of initial jobless claims in the US. The indicator dropped more than expected from 277 to 259 thousands against the forecast of 270 thousands.



Today attention should be paid to statistics on durable goods orders in the… Continue

Added by AlexanderLF on June 24, 2016 at 5:38pm — No Comments

XAG/USD: Technical analysis





XAG/USD, D1





On the daily chart the pair is traded near the upper band of the Bollinger indicator. The indicator is moving up and the price range is expanding. The price is above the moving average line of EMA50, EMA100 and EMA144. MACD histogram is in the positive area, its volumes are slightly decreasing. Stochastic is in the central area, at the border with the oversold area, and its lines are directed downwards.





XAG/USD,… Continue

Added by AlexanderLF on June 23, 2016 at 1:13pm — No Comments

USD/CAD: flat trades in the pair





Current trend



The USD has significantly grown against the CAD at the closing session on Tuesday, after two-day decline, which led the price back to the local lows of June. Minor correction was caused by the domination of cautious sentiments in the market. Prior to the referendum on the UK’s membership in the EU, investors do not rush to open new positions, even despite some encouraging signals.



On Tuesday, the head of the US Fed, Mrs. Janet Yellen gave a… Continue

Added by AlexanderLF on June 22, 2016 at 7:39pm — No Comments

USD/JPY: продолжение снижения цены





Current trend





Demand for the Yen remains high amid difficulties and risks the global economy is facing. The American Dollar does not manage to show a strong growth being under pressure from mixed macroeconomic data, released in the US. As a result, the USD/JPY pair reached the key support level of 103.50.



Today market participants are following Fed Chair Janet Yellen’s Congressional Testimony, and later this week, attention needs to be paid to US… Continue

Added by AlexanderLF on June 21, 2016 at 5:46pm — No Comments

USD/JPY: pair is falling





Current trend



The pair continues falling amid increasing anxiety on the market due to an upcoming referendum on UK’s membership in the EU, which is forcing investors to switch into safe-haven assets, such as the Yen. In addition, the Yen was supported by the decision by the Bank of Japan not to expand its stimulus program despite low inflation and weak growth of the world economy.





The pair was also pressured by poor data from the US, where the… Continue

Added by AlexanderLF on June 17, 2016 at 12:31pm — No Comments

USD/CAD: general analysis





Current trend



The pair continues growing despite results of the Federal Reserve monetary policy meeting. The Regulator decided to keep its current monetary policy unchanged and noted in the Monetary Policy Statement that only one more rate increase should be expected this year. The Canadian Dollar came under pressure, as Governor of the Bank of Canada Stephen Poloz expressed concerns regarding the pace of economic growth in the country.



It should be… Continue

Added by AlexanderLF on June 16, 2016 at 5:23pm — No Comments

EUR/USD: general review









Current trend




Today the pair is growing amid some weakening in the US Dollar that remains under pressure prior to the Fed Interest Rate Decision. According to forecasts, the rate will remain unchanged at 0.5% due to the publication of very weak data on the US labour market. Just to remind, the Nonfarm Payrolls came out at 38 thousands that was significantly worse than the forecasts.





At the same time, the Unemployment Rate fell to 4.7%,… Continue

Added by AlexanderLF on June 15, 2016 at 4:28pm — No Comments

4 Signs to tell you that you are choosing the right broker

A prudent trader knows that learning about the right ways to select a forex broker is an integral part of forex education. And, don’t think the beginners can’t be sagacious. They can be!…

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Added by Sam Wexler on June 13, 2016 at 6:36pm — No Comments

AUD/USD: Australian Dollar remains under pressure





Current trend



In the end of last week, the pair substantially declined amid some strengthening in the US Dollar, which was supported by strong data on the US labour market. The number of Initial Jobless Claims fell to 264 thousands, while economists predicted their growth to 270 thousands.





At the same time, today the Australian Dollar was supported by strong data on the Industrial Production in China. In May, the index grew by 6.0% that was 0.1%… Continue

Added by AlexanderLF on June 13, 2016 at 2:16pm — No Comments

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