Monday, December 9, 2019

Top 10 Forex Sites (2019 edition)

Here is the list of the top 10 Forex sites ranked by Alexa for 2019. It is an update of my old posts: 2018 2015

1. Investing.com - a leading site that offers technical analysis and real-time data for the forex, stocks, commodities, futures, indices, bonds and cryptos. Also, it offers many useful trading and investment tools.

2. Forex Factory - a forum that includes market calendar and news

3. TradingView - a social network for traders and investors with live quotes, stock charts, and expert trading ideas.

4. Trading Economics - a site where you can check and download many different economic indicators

5. DailyFX - foreign exchange analysis, currency news updates, FX forum, currency forecasts and charts

6. FXStreet - real-time exchange rates, currency charts, news, market forecasts, technical analysis,  and a currency converter

7. Babypips - simple easy to understand guide for teaching beginners how to trade

8. Mataf - forex trading tools, daily exchange rates, and currency analysis

9. Dukascopy - a leading Forex ECN broker and a bank

10 Forex Peace Army - reviews of Forex services, resolves Forex scam incidents

Thursday, December 5, 2019

CADJPY - Long

CADJPY is continuing a bullish after bouncing from the channel support in a bullish channel that was formed in mid-August. Yesterday's Bank of Canada meeting boasted the move.

Tuesday, February 20, 2018

Top 10 Forex Sites (2018 edition)

Here is the list of the top 10 Forex sites ranked by Alexa for 2018. It is an update of my old post:

1. Investing.com - a leading site that offers technical analysis and real-time data for the forex, stocks, commodities, futures, indices, bonds and cryptos. Also, it offers many useful trading and investment tools.

2. Forex Factory - a forum that includes market calendar and news

3. Trading Economics - a site where you can check and download many different economic indicators

4. DailyFX - foreign exchange analysis, currency news updates, FX forum, currency forecasts and charts

5. FXStreet - real-time exchange rates, currency charts, news, market forecasts, technical analysis,  and a currency converter

6. Babypips - simple easy to understand guide for teaching beginners how to trade

7. Mataf - forex trading tools, daily exchange rates, and currency analysis

8. Dukascopy - a leading Forex ECN broker and a bank

9. FXCM - a leading Forex broker

10 Forex Peace Army - reviews of Forex services, resolves Forex scam incidents

Link to Top 10 Forex Sites - 2019 edition

Wednesday, January 31, 2018

Long EURCHF

We have entered long EURCHF trade at 1.1615 with stop loss at 1.10 and take profit at 1.22. We expect SNB policy to remain its the current policy for an extended period of time, while we expect that CHF will be used as a funding currency.

Wednesday, January 24, 2018

Short EURNOK

We have entered short EURNOK trade at 9.6225 with stop-loss at 10.00 and take-profit at 9.30.

We believe that under-valued NOK will gain more fair value against EUR with the help of rising oil prices.

Tuesday, January 16, 2018

Where I can find a good MQL developer

MetaQuotes Language 4 (MQL 4) is a programming language that is used to program Expert Advisors, Custom Indicators, Scripts and even libraries for Metatrader 4 trading platform. It is not a simple programming language and if you do not have any programming knowledge it might be hard to learn the language.

However, it does not mean that you will not be able to automate your trading strategy. In order to do so, you can rent an MQL 4 developer. The best resources are:


  1. Upwork – a leading freelancing platform where you can find experts from many different fields including MQL developers

  2.  MQL5.com – a platform specially dedicated to MQL developers

  3. Freelancer -  another popular freelancing platform

Thursday, August 31, 2017

Top 10 Forex Forums (2017 Edition)

This is a new update of my old post. As I said, a forex forum is an online discussion site where other people hold conversations about the Forex market and trading in general in a form of posted messages. The most popular Forex forums are:

1. Forex Factory - (Alexa rank: 3362) - a leading online Forum with a huge trader base and established reputation

2. MQL5 Forum - (Alexa rank: 5519) - official forum of Metatrader users

3. My FX Book Forum - (Alexa rank: 9274) - well-known Forex site with a forum

4. Babypips Forum - (Alexa rank: 16476) - one of the best Forex educational sites with forum

5. Forex Peace Army Forum - (Alexa rank: 41254) - another well-known Forex site with a forum

6. Arabic Trader - (Alexa rank: 48746) - forex forum in Arabic

7. EliteTrader - (Alexa rank: 56382) - forum without subsections

8. MT5 Forum - (Alexa rank: 61207) - a forum of Metatrader users

9. EarnForex - (Alexa rank: 77081) - another well-populated Forex forum

10. Trade2Win Forums - (Alexa rank: 100553) - a forum dedicated to Forex traders

Happy trading !!!