Forex Trading Explained

bitcoins-day-trading 0

Day Trading of Bitcoins

Over the last few years, bitcoins have gained lots of traction. At first, early adopters of bitcoins were mostly impressed by the technology it brings in and the whole philosophy about having a currency that does not belong to any government. Media has quickly picked up on this cryptocurrency and the whole bitcoin hype has started. Lots of companies have started developing products that are associated with BTCs, every news portal had been publishing BTC-related news pieces nearly on a daily basis, and even some companies tried to bring in bitcoin technology into their own ecosystems. This has resulted in...

biggest-fines 0

Biggest fines in retail FX industry

All across the world, financial regulators made a crackdown that led to plenty of individual trades and also banks being punished with enormous fines. 2014 was definitely a year with extreme fine amounts. The Financial Conduct Authority imposed fines of total amount $1,107,253,930.25 against 39 companies. All those millions On 12 November 2014 fines of total amount $1.7 billion were imposed to five banks, as a result of them failing to control business practices in their foreign exchange trading operations. UBS ($371 million), HSBC ($343 million), JPMorgan ($352 million), Citibank ($358 million) and RBS ($344 million) were penalized by the...

prohibition-fx-bonuses 0

How prohibition of FX Bonuses will affect the industry?

Will the prohibition of Forex Promotions in Europe affect you? Ups and downs of the new European move in the financial industry. New bonus practices are announced by the supranational regulator of Europe. The use of all of the Forex promotions will be suspended. The suspension applies to all the risky and suspicious promotions that encourage the clients to trade more or take bigger risks. NOT sharing is caring? Bonuses are one of the effective marketing tools used by forex brokers. The amount and conditions can be different and they depend on the broker who use this kind of ‘reward’....

How to scalp EUR/USD? 0

How to scalp EUR/USD?

Scalping in Forex trading can be quite time-consuming, but it is still a very rewarding approach to trade currencies. Basically, this technique requires at least some experience of trading FX and the ability to analyze the market. Scalpers usually hunt for small profits using high leverage. On top of that, they enter the market and quit several times a day. EUR/USD pair is a popular choice for scalping strategies. In this article, we would like to present one of the simplest ways to scalp EUR/USD.

Wall Street Cloner 0

Wall Street Cloner

Wall Street Cloner is a relatively new service being marketed to those who might be in the market for a Forex robot EA but it is not a robot in itself. Instead it is one of a new crop of “live signal” services that also call themselves trader copier services. In other words your trades are based on the advice, or signals from, human Forex traders rather than based upon the strategies of an AI robot. But is  Wall Street Cloner really a better option than a decently performing Forex robot?

Choosing your forex platform 0

Choosing your forex platform

If you’re looking for a new Forex broker there are several ways to choose one.  The best way is to read Forex brokers reviews, which will tell you key information about each broker at a glance.  All it takes is for you to do a little homework before you plunk down your hard earned cash.  We’re going to show you that choosing your Forex broker is actually quite simple.  Follow these 5 tips and you’ll be successfully trading Forex online in no time at all.

Forex Secret Signals 0

Forex Secret Signals

To begin with it is important to understand the FX Secret Signals is not your usual Forex robot. In fact it’s a very different concept of an automated EA altogether for a number of reasons not the least of which is cost. Up front I can tell you that FX Secrets is, in the long run, quite a great deal more expensive than many other Forex robots. The question is of course what can it do that other EA s cannot?

Forex Bulletproof Review 0

Forex Bulletproof Review

From the minute you hit the Forex Bullet Proof sales page you notice something a bit different. The copy is clever, it does not scream out about this EA being able to gain you a lifestyle full of Lamborghinis and big houses on private islands. It actually offers a fairly straightforward explanation of why the developer believes that his EA works. Refreshing, but good copy writing does not mean that you have created a great Forex robot, only that you hired a good writer. So how does Forex Bullet Proof really stack up against an ever growing field of EA...

Million Dollar Pips Review 0

Million Dollar Pips Review

Million Dollar Pips is one of the newer entrants onto the Forex robot scene. The developer – one William Morrison – admits on his sales page to being a software developer rather than a seasoned Forex trader but also claims that his software knowledge combined with 18 months of research and testing – both demo and live – has resulted in an EA that is hard to beat and easy enough for the absolute beginner to use successfully – but does Million Dollar Pips performance actually back up his claims?

Fap Turbo Review 0

Fap Turbo Review

A great many of the Forex robots available today can only be used to deal with one or two currency pairs – usually USD/GBP and/or USD/EUR. That is not the way many successful “live’ forex traders like to play the game though, ask many of them and you will find that they like to deal with at least four. FAP Turbo is an EA that can deal in up to five. But is it right for you?