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.

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

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 !!!

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.

1. @eFXnews - provides global FX strategies and analyses from leading investment banks worldwide
2. @Investingcom - a top financial web portal that offers news, technical analysis,  real-time quotes, charts
3. @Tarantula  - forex senior analyst & educator at Admiral Markets
4. @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.
5. @DailyFX - providing forex trading news, currency forecasts, analysis, education, and strategy.
6. @Fxflow - real-time analysis of Forex market, market predictions of BKForex 
7. @FXStreetNews - 24/5 real-time forex news
8. @TopForexNewsCom - latest forex news
9. @ForexLive - news, updates, insights from Forex market
10. @50Pips - independent professional Forex coach and mentor
11. @FXTraderUpdates - the latest and hottest NEWS and TIPS
12. @piptrain - forex trading using technical analysis
13. @ForexTweets - your First Stop for Forex Trading News
14. @TheTraderFX - independent full-time forex and futures trader
15. @CVecchioFX - currency analyst at DailyFx
16. @gregmikeFX - chief currency analyst at FXDD
17. @newsinvesting - real-time news from currency and stock markets
18. @PipCzar - independent trader and currency strategist
19. @IlyaSpivak - global macro strategist at DailyFX
20. @JStanleyFX - strategist at DailyFX
21. @Francesc_Forex - president and founder at FXStreet
22. @JoelKruger - currency strategist and trader
23. @forexcrunch - Forex news opinions, forecasts
24. @chrislorifx - foreign exchange fund manager
25. @craig_forex - a senior market analyst at marketpulse.com and OANDA
26. @JMahony_IG - market analyst providing fundamental & technical analysis
27. @FX_Button - currency analyst and editor at ForexLive
28. @kathylienfx - forex analyst
29. @FXDIRK - forex trades provider 
30. @EdMatts - senior technical strategist at Capital Management
31. @caseystubbs - forex trader
32. @GregaHorvatFX - Forex, Futures and Stock trader
33. @MWellerFX - a senior technical analyst at Forex.com
34. @2ndSkiesForex - forex trader
35. @ValBednarik - forex analyst
36. @AidanFX - full-time forex trader, technical analyst and signal provider
37. @PLTfx - Forex trading advisory and fund management
38. @ElliottForecast - Elliot wave forecasts with swing trading ideas
39. @PhillipKonchar - forex analyst
40. @Darlington_Dick - forex news and opinions
41. @FXstreetReports - 24/5 real-time forex research
42. @thepoundlive  - forex portal
43. @hantecfx - forex broker
44. @Forextellcom - delivers trade ideas from pro traders and insights from the institutional side of FX
45. @aspentrading10 - forex and stock advisory
46. @MCarrilloFX - forex analyst
47. @MilanCutkovic - forex trader
48. @ItsForexTime - official twitter page of FXTMt
49. @TradersLog - portal for active traders and investors
50. @saxobank - international investment bank

Happy trading !!!

CSAD One – Signal

The Trader FX has started a new mql4 signal – CSAD one. The signal will be provided through www.mql5.com and it will be available for trade copying on all Meta trader 4 platforms for a monthly subscription of $20 monthly.

CSAD one signal is specially designed for users with small amounts of accounts. Our starting signal account balance is $200. We will use a combination of a few proven trade strategies on Forex trading instruments.

The signal is available here.

Top trades for 2017

Here is our view:

1. Long USDJPY - Global yields will rise and cause further outflows from Japan, higher inflation expectations and Trump will deliver fiscal stimulus


2. Short AUDUSD - AUD will be affected will slowdown in Chinese demand while we are bullish on USD


3. Short EURNOK - NOK will benefit versus Euro due to rising oil prices and local forward interest rate


4. Short EURGBP - Undervalued GBP will recover because we will not see more negative news from UK


5. Short EURUSD - The pair is heading to the parity - USD strength combined with European political uncertainty  

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