I also started my way in the world of trading as an equity trader. I used to trade in the US stock markets for several years and today I combine it with FX trading. As an stock trader, you will find out the term of ECN in forex is very different ...

New Account - Broker Recommendations?

I think that spreads betting, just as it sounds, can pull you into pure gambling. If you think you know how to estimate trends, why don’t you do regular forex trading?

Best MT4 broker for UK?

It really depends on the type of trader that you are. If you trade long or short term, scalper, if you like to trade with automated or manual trading, if you are a pro or a newbie and so on... There are so many brokers and platforms that you need to ...

Good trading Platform options?

The Euro will continue to be influenced by the Greek situation in the following weeks and any positive development there might support the EUR. The existing & new home sales data will be on the center of news from the largest economy, which will ...

EURUSD

The Gold reached on the beginning of the month to the resistance at $1763 and started correcting down from this point. It slide down to the level of $1700 and found the support there, though the correction was quite short considering the 10% rally ...

Gold Analysis 01.11.12

The US indices made a red candlestick yesterday with high volumes. This increases the chances for the beginning of an aggressive that might erase 5% (or more) from the recent rally, and if the positive correlation with the EUR remains, the EUR will ...

EURUSD

I started with sunbirdfx demo for 3-4 months and its fast executions made me open a live account. Spreads in EUR/USD are about 1.8 except obviously in high impact news. I already made one withdrawal and did not have any special problem whatsoever…

Sunbird fx

Mentality is the most important thing in trading. I believe it is 80% of the way to success, as the other 20% is picking a good strategy. If you have a good strategy, you should not act the opposite, but you have to follow the exact rules of that ...

The law of attraction and trading

USD/JPY 02.13.12 — The trading week will start with the BOJ declaration about the interest rate, which expected to remain under 0.10%. The central bank of Japan might reveal if it was its intervention on the trading during last week, but no ...

USD/JPY Discussion

Is true that an ECN broker is better than a regular broker like a market maker, but the thing is that there is nothing wrong with a market maker IF and only IF, they will let you trade on volatile moments, the platform does not crash, they have good ...

Difference between ECN and retail broker?

There is nothing wrong with a market maker. In fact, without the market makers, we did not have the market. At least not as we know them today, so we need to appreciate that. The market making became a problem when brokers started to take advantage ...

ECN vs Market Maker(MM) Forex Broker

Hey Luciano, I also open an account with sunbirdfx when I saw that they have mt5, too bad it is not in real yet cuz their performance is quite good and I will like to start trading with it.

Best Demo Broker for Mt5?

I have an account with ACM Im quite satisfied their performance is very good, I also opened a demo account with sunbirdfx not so long ago cuz they have mt5 and they are about to launch it to real, the execution is pretty good with the mt4 in real, ...

Reliable and Stable Broker with MT5 platform

No doubt, that the big players such as banks, central banks, hedge funds and institutional are the forces that drive the market. They make about 80-90 percent of the total transactions in the markets, which means that the personal traders are 10% or ...

90% Traders or 10% Institutions? Who has more power?

When it comes to fundamental news, you cannot point out how the market should react to each event. I think, as you said, that it is depended on the importance of the news (for example NFP is much important than the ISM) and the expectations that the ...

How to define market sentiment?

Why do you need such an indicator? The forex volumes are so huge that the information you can get from such an indicator is useless. I would rather check the volumes instead. It can give you a better idea about what is going on in the market.

supply and demand indicator?

I think that it depends on what kind of a trader you are. If you are trading the 5m charts than obviously fundamental is useless for you and you need to have great TA skills. On the other hand, core traders that trade the daily/weekly/monthly chart ...

Fundamental vs Technical

Why trading during news is a gamble? I mean, if you have a clear strategy, can't you win the market? from my point of view, he only thing the problematic in this kind of trading is that spreads can be extremely wide during the very moments after the ...

Trading during news

I think that the general trend is basically influenced by the fundamental events. However, the financial market do not always go along with the fundamental situation. We have seen the stocks rising in spite the debt problem of important countries. ...

Fundamentals, Technical or Both?