The Trader FX: forex analysis

Showing posts with label forex analysis. Show all posts

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

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

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 !!!

Thursday, August 17, 2017

Top 50 Forex Twitter Accounts (2017 Edition)

Here is the list of my 50 favorite twitter accounts. This is a new update of my old post.

@eFXnews - provides global FX strategies and analyses from leading investment banks worldwide
@Investingcom - a top financial web portal that offers news, technical analysis, real-time quotes, charts
@Tarantula - forex senior analyst & educator at Admiral Markets
@marketpulsecom - A global team of securities analysts & strategists provide 24/7 coverage of the largest financial markets, with a focus on forex, commodities & global indices.
@DailyFX - providing forex trading news, currency forecasts, analysis, education, and strategy.
@Fxflow - real-time analysis of Forex market, market predictions of BKForex
@FXStreetNews - 24/5 real-time forex news
@TopForexNewsCom - latest forex news
@ForexLive - news, updates, insights from Forex market
@50Pips - independent professional Forex coach and mentor
@FXTraderUpdates - the latest and hottest NEWS and TIPS
@piptrain - forex trading using technical analysis
@ForexTweets - your First Stop for Forex Trading News
@TheTraderFX - independent full-time forex and futures trader
@CVecchioFX - currency analyst at DailyFx
@gregmikeFX - chief currency analyst at FXDD
@newsinvesting - real-time news from currency and stock markets
@PipCzar - independent trader and currency strategist
@IlyaSpivak - global macro strategist at DailyFX
@JStanleyFX - strategist at DailyFX
@Francesc_Forex - president and founder at FXStreet
@JoelKruger - currency strategist and trader
@forexcrunch - Forex news opinions, forecasts
@chrislorifx - foreign exchange fund manager
@craig_forex - a senior market analyst at marketpulse.com and OANDA
@JMahony_IG - market analyst providing fundamental & technical analysis
@FX_Button - currency analyst and editor at ForexLive
@kathylienfx - forex analyst
@FXDIRK - forex trades provider
@EdMatts - senior technical strategist at Capital Management
@caseystubbs - forex trader
@GregaHorvatFX - Forex, Futures and Stock trader
@MWellerFX - a senior technical analyst at Forex.com
@2ndSkiesForex - forex trader
@ValBednarik - forex analyst
@AidanFX - full-time forex trader, technical analyst and signal provider
@PLTfx - Forex trading advisory and fund management
@ElliottForecast - Elliot wave forecasts with swing trading ideas
@PhillipKonchar - forex analyst
@Darlington_Dick - forex news and opinions
@FXstreetReports - 24/5 real-time forex research
@thepoundlive - forex portal
@hantecfx - forex broker
@Forextellcom - delivers trade ideas from pro traders and insights from the institutional side of FX
@aspentrading10 - forex and stock advisory
@MCarrilloFX - forex analyst
@MilanCutkovic - forex trader
@ItsForexTime - official twitter page of FXTMt
@TradersLog - portal for active traders and investors
@saxobank - international investment bank

Happy trading !!!

Monday, February 2, 2015

Top 10 Forex Sites

Here is the list of the top 10 Forex sites ranked by Alexa:

1. Investing.com - technical analysis and real-time data streaming for the Forex, commodities, major world indices and futures. Includes trading and investment tools.

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

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

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

5. XForex - a broker with stand-alone forex trading platform

6. Trading Economics - view, download and compare thousands of economic indicators

7. FXCM - a leading Forex broker

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

9. Forex Peace Army - reviews of Forex services, resolves Forex scam incidents

10 Dukascopy - a leading Forex ECN broker and a bank

Link to Top 10 Forex Sites - 2019 edition

Wednesday, January 28, 2015

Top 10 Forex Forums

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 - a leading online Forum with a huge trader base and established reputation

2. DailyFX Forum - a forum owned by one of the leading brokers - FXCM

3. MT5 Forum - official forum of Metatrader users

4. Babypips Forum - one of the best Forex educational sites with forum

5. MQL4 Forum - official forum of Metatrader users

6. EarnForex - another well-populated Forex forum

7. EliteTrader - forum without subsections

8. Trade2Win Forums - a forum dedicated to Forex traders

9. Forex TSD - very popular Forex forum

10. Forex Abode Forums - another well populated Forex forum

Link to Top 10 Forex Forums - 2017 edition

Monday, May 19, 2014

Top 50 Forex Twitter Accounts

Every decent Forex Trader must have a twitter account because it provides immediate news, analysis, charts, and many interesting articles. In order to help you to find the right accounts to follow, here is the list of my 50 favorite twitter accounts.

@eFXnews - provides global FX strategies and analyses from leading investment banks worldwide
@Investingcom - a top financial web portal that offers news, technical analysis, real-time quotes, charts
@FOREXcom - actionable Forex trade ideas, analyses and more
@marketpulsecom - A global team of securities analysts & strategists provide 24/7 coverage of the largest financial markets, with a focus on forex, commodities & global indices.
@DailyFX - providing forex trading news, currency forecasts, analysis, education, and strategy.
@Fxflow - real-time analysis of Forex market, market predictions of BKForex
@FXStreetNews - 24/5 real-time forex news
@marcwalton - Forex mentor and professional Forex trader
@ForexLive - news, updates, insights from Forex market
@50Pips - independent professional Forex coach and mentor
@CharmerCharts - Technical Analysis for the professional futures & Forex trader
@piptrain - Forex trading using technical analysis
@JamieSaettele - technical strategist at DailyFX
@TheTraderFX - independent full-time Forex and Futures trader
@CVecchioFX - currency analyst at DailyFx
@gregmikeFX - chief currency analyst at FXDD
@newsinvesting - real-time news from currency and stock markets
@PipCzar - independent trader and currency strategist
@IlyaSpivak - global macro strategist at DailyFX
@FGoria - financial journalist
@Francesc_Forex - president and founder at FXStreet
@JoelKruger - currency strategist and trader
@forexcrunch - Forex news opinions, forecasts
@chrislorifx - foreign exchange fund manager
@leanco - independent professional Forex trader
@MBForex - trader and currency strategist at DailyFX
@kathylienfx - market predictions and real-time analyses at BKForex
@tradingfloorcom - Forex and Stocks trading community
@currencynews - currency news and Forex fundamental information
@forexmagnates - latest retail and institutional Forex news
@RenaTrader - full-time Forex and Futures trader
@GregaHorvatFX - Forex, Futures and Stock trader
@MWellerFX - a senior technical analyst at Forex.com
@dfxplussignals - trading signals from DailyFX
@WEnglandFX - trading instructor at DailyFX
@AidanFX - full-time Forex trader, technical analyst and signal provider
@PLTfx - Forex trading advisory and fund management
@ElliottForecast - Elliot wave forecasts with swing trading ideas
@EasyForexDR - latest Forex trading news
@Darlington_Dick - Forex news and opinions
@Craig_AlpariUK - a market analyst at Alpari UK
@Joshua_AlpariUK - research Forex analyst at Alpari UK
@fx4you - Forex broker offering charts and analysis
@ForexFreshNews - hot news about Forex market
@aspentrading10 - Forex and stock advisory
@MCarrilloFX - Forex analyst
@edjmoya - a chief technical analyst at World Wide Markets
@EdMatts - senior technical strategist at Capital Management
@FXDIRK - Forex trades provider
@saxobank - international investment bank

Happy trading !!!

Link to Top Twitter accounts - 2017 edition

Wednesday, April 30, 2014

Forex Bank Prediction resources

Whether you are a long term trader or a scalper you will always be curious about and would like to know what are the big players in the Forex market doing. What are their positions? Fortunately, certain websites do provide that kind of information. To be more precise I am talking about the positions that are held by the big banks and big hedge funds.

The best websites with bank positions, or in my opinion, the most useful ones are:

1. eFXnews - it is a Boston based financial media agency covering global FX markets. It provides the positions held by the biggest players in the market. Highly recommendable one.

2. PLTfx - it is FX trading advisory and Funds Management. Another great resource that provides bank Forex positions. It requires login.

3. Forex Quebec - it is a global Forex trading portal that provides bank positions under its bank forecasts section. It is a good resource though it is not providing the forecasts on a daily basis.

4. Dukascopy TV - a Forex broker that is providing the information in video format on a part-time basis.

5. Forex Street - another global Forex trading portal. It provides many positrons of slightly less relevant players in the market.

In short, it is always useful to know what are the biggest players in the market predicting before you enter your position.

Monday, April 15, 2013

Safe Scalping with EURCHF – A trading strategy

In September 2011 when SNB introduced 1.2 floor, the pair EURCHF has been trading in relatively tight range reaching the highest value at 1.264. Since September 2012, I have been using a simple scalping strategy for that pair and it helped me to earn 20% per month on average.

The strategy is based on the assumption that 1.2 floor will remain. Well, in the past year and a half SNB has been very successful in defending that floor and it states that will continue to defend it with utmost determination. It is realistic to believe that in the long term the pair will not only remain above the floor, but also will return to the values that are much higher than the current one, as Europe and USA are slowly coming out of the recession.

The prerequisite for the scalping strategy is that your broker has a small spread on EURCHF pair (not higher than 2.5 pips) and a positive swap on long entry. If your broker does not meet these demands, try the strategy with a different one. If you have a problem with finding such broker I warmly recommend Exness, I have been trading with them for the past six months and I am very satisfied. Another prerequisite is that the price of the pair is lower than 1.24.

The strategy itself is very simple, enter the long trade following the rules for any other scalping strategy. I was very successful using a 5min blue trend rider and THV3. Just in case, when I enter the trade, I always put stop loss at 1.1980 level. Next, wait till exit rule for your scalping strategy is met (by scalping strategy I meant here 5min blue trend rider or THV3), and if your trade is in gain exit the trade. If your trade is not in gain leave it and wait till it will become profitable. Swap is working in your way now! In the meantime, you can enter another trade on a new long entry signal. In a period while I was using the strategy I never had more than four trades opened.

Money management I was using is 0.1 lots for every $400 on my account balance and I am careful that I have enough money for 4 trades. So, if I have $1600 on my account, it will be enough for four 0.1 long trades.

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