Forex blog: Forex Blog (3 сообщения)

Forex Blog
My Forex experience and some Forex related information that might be useful to other traders
http://www.earnforex.com/blog
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The Truth about Money Management
The new e-book (actually an article excerpt from the Futures Magazine) was uploaded to my site today. It’s about the risk control and money management in Forex and elsewhere. The whole book is only 4 pages long, but it succeeds in introducing the most important approaches to money management theory and practice. For those who are too lazy to read these 4 pages, in the end the author of this book gives 5 steps (or rules) that should be followed for the successful risk managing of the general financial trading. Download link:
- The Truth About Money Management by Murray A. Ruggiero Jr.
Posted on Forex blog.
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Starting Forex Trading Isn't Easy with StartForex
The new Forex broker that was listed on my site today — StartForex — doesn’t offer free demo accounts so it’s name looks kind of strange to me. Perhaps, that’s a temporary issue with them and they will start offering free demos for all traders in the future. Their website also behaves strangely, making the web browsers work extremely laggishly. Other features of StartForex:
- $100 minimum account size with up to 1:400 leverage
- Both MetaTrader 4 and browser-based trading platforms
- Deposit bonus
- Unregulated
- Islamic accounts for Arab traders
Posted on Forex blog.
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EUR/USD trend: hold.
GBP/USD trend: sell.
USD/JPY trend: hold.
EUR/JPY trend: sell.

Fibonacci Retracement Levels
Pairs	EUR/USD	GBP/USD	USD/JPY	EUR/JPY
100.0%	1.3582	1.4958	101.44	137.40
61.8%	1.3394	1.4813	100.62	134.94
50.0%	1.3335	1.4769	100.37	134.17
38.2%	1.3277	1.4724	100.12	133.41
23.6%	1.3205	1.4669	99.81	132.47
0.0%	1.3089	1.4580	99.31	130.95