Monday, September 22, 2008

Forex Blog (3 сообщения)

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My Forex experience and some Forex related information that might be useful to other traders
http://www.earnforex.com/blog
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  • Fit Markets — Another New Forex Broker

    Fit Markets was added to the list of the Forex brokers on my site today. It’s a very new broker — it went on-line in the second half of 2008. Its site is till very fresh and a bit awkward, but it’s already advertising quite aggressively on some Forex-related websites. Fit Markets is a broker created by Forex Investment Team AG, a Colombian company which is also registered in Zürich, Switzerland. Fit Markets is regulated by the Swiss banking laws and is audited by a respected Swiss company — BDO Visura. While this broker has a good regulation and a corporate background, it lacks any substantial advantages over other industry participants. Fit Markets offer average spread of 2 pips on EUR/USD currency pair, it offers no popular methods of trading funds transfer, no MetaTrader platform or anything else, except Forex, gold, silver and oil, to trade. Web-based platform and mobile trading are the only more or less interesting features of this Forex broker.

    Posted on Forex blog.
    Trade with a leading Forex service provider — trade with Ava FX.
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  • FXD24 — New Forex Broker

    I’ve decided to add a new Forex broker to the list on my site today. It’s FXD24 — I’ve seen this broker before, but I’ve been in doubts about it because it looked too suspicious to me. But eventually I’ve thought that adding it to the list isn’t the same as recommending it, so now it’s there. FXD24 is quite new — it went on-line somewhere around December 2007, but its site claims that it’s on-line since 2003, which is the unnecessary lies, in my opinion. FXD24 isn’t regulated by any authority, but they claim to be from London, which is doubtful, since the British brokers are required to be registered with FSA, as far as I know. There is little or no information about this Forex broker in the net, so I will welcome any review or commentary about it.

    As to he good side of FXD24, they offer MetaTrader 4 platform, several deposit/withdrawal methods (including my favorite — WebMoney) and $250 minimum to start trading with 1:400 leverage. The leverage is flexible but the minimum traded amount is 0.1 standard lots.

    Update: The original title of this post was FXD24 — New Forex Broker I Wouldn’t Trade With, but I’ve changed it now. I’ve been contacted by a representative of FXD24 because this blogpost went quite high on Google for «FXD24» keyword and he said that it could hurt their business. Not like I’ve changed my opinion about them, but I don’t want to make someone’s life worse, I just want to inform traders.

    Posted on Forex blog.
    Trade with a leading Forex service provider — trade with Ava FX.
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  • Forex Technical Analysis for 09/22—09/26 Week

    EUR/USD trend: sell.
    GBP/USD trend: sell.
    USD/JPY trend: hold.
    EUR/JPY trend: hold.

    Floor Pivot Points
    Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
    EUR/USD 1.3707 1.3889 1.4178 1.4360 1.4649 1.4831 1.5120
    GBP/USD 1.7246 1.7488 1.7902 1.8144 1.8558 1.8800 1.9214
    USD/JPY 100.17 101.85 104.65 106.33 109.13 110.81 113.61
    EUR/JPY 141.33 144.18 149.81 152.66 158.29 161.14 166.77

    Woodie’s Pivot Points
    Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
    EUR/USD 1.3916 1.4232 1.4387 1.4703 1.4858
    GBP/USD 1.7488 1.7902 1.8144 1.8558 1.8800
    USD/JPY 101.85 104.65 106.33 109.13 110.81
    EUR/JPY 144.18 149.81 152.66 158.29 161.14

    Camarilla Pivot Points
    Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
    EUR/USD 1.4208 1.4337 1.4381 1.4424 1.4510 1.4553 1.4597 1.4726
    GBP/USD 1.7954 1.8135 1.8195 1.8255 1.8375 1.8435 1.8495 1.8676
    USD/JPY 104.98 106.21 106.62 107.03 107.85 108.26 108.67 109.90
    EUR/JPY 150.77 153.10 153.88 154.65 156.21 156.98 157.76 160.09

    Tom DeMark’s Pivot Points
    Pair EUR/USD GBP/USD USD/JPY EUR/JPY
    Resistance 1.4505 1.8351 109.97 159.72
    Support 1.4034 1.7695 105.49 151.24

    Fibonacci Retracement Levels
    Pairs EUR/USD GBP/USD USD/JPY EUR/JPY
    100.0% 1.4542 1.8387 108.02 155.52
    61.8% 1.4362 1.8136 106.31 152.28
    50.0% 1.4307 1.8059 105.78 151.28
    38.2% 1.4251 1.7982 105.25 150.28
    23.6% 1.4182 1.7886 104.60 149.04
    0.0% 1.4071 1.7731 103.54 147.04
    Posted on Forex blog.
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