It depends how much volumes you make per months. If you make high volumes you can get tight spreads in many ‎brokers…I am considered has heavy trader so I get such spreads in sunbirdfx & alpari- very recommended. ‎

Oil will slide to 75 if it breaks down below 80 — The price of the crude oil keeps falling and the weekly charts shows the bear-flag pattern above the support of the 200 SMA around 81. The oil broke this patten but still has not completed the ...

I consider myself has a successful trader that gains profits constantly. What makes me different from 90% of the traders is the fact that I understand the psychology of the markets in each candlestick that I analyze. I also have strict money ...

I currently have two live accounts: one at sunbirdfx and the other at alapri. I always keep two live accounts at the same time in order to reduce the risk. These two brokers are highly recommended- both are real ECN STP brokers, no dealing desk, low ...

I also believe that it is too late. The main problem is the political disagreements among the EU leaders and the fact the the ECB cannot do what it needs to do, like the Fed. I do not now if this is the end of the EUR as we know it but it looks like ...

I will start from the bottom line: there is not such a "perfect" pair, which will work accurately with all indicators. In fact, instruments that you can put in a specific formula simply do not exist. When I try to determine whether a pair is weak or ...

On my beginning of the way, I started doing intra-day trading. Meaning that I analyzed 1/5/15m charts. Things went up and down and I was very frustrated because I could not stay stable. My most significant change came when I got the advise to trade ...

Broker with fixed spread is usually much more expensive with a broker with changing spreads. Personally I do not think that it is a better opetion, mainly because you cannot trade with a fixed spread brokers during news, because 99% of the times the ...

Broker such plus500 which are market makers, can "play" with the chart as they wish and therefore you don't see the spikes. An ECN broker shows you the real prices of the market, including the unwanted spikes. A chart free of spike is suspicious to ...

I though that there would be a continuation to that jumping but it seems that the Yen is not impressed by the intervention. The USD might still goes up against it, but the euro looks like it is about to lose everything it gained.

what do you think is going to happen next? the new bailout plan spread an optimism among the financial markets. Is that mean the USD is about to make a bearish session again?

Hi. So I kind of understand from you guys that mt4 is the most common platform for forex traders. Wacky, I have never heard of ninjatrader, what is the benefit of their platform? Hey tom..I understand that the execution issue is the most important ...

Al kind of financial markets has the same level of risk. It does not matter if you trade stock, commodities or currencies. If you make the trading gambling, you will lose your money either way. Some will say that forex is more risky because of the ...

Hi Wacky Canuck thanks for your answer. That what I thought- I am sure that there is a significant difference between demo trading and live trading. I might just open a mini account of $100 at on of the brokers that I mentioned. What do you think ...

Thanks for all of the answers.. from reading all of your opinions I realize that there is not just one answer regarding the use of the 20 MA. I understand that it is just an indicator and it meant to help me in trading. I think that the reason some ...

The S&P 500 is broke the resistance 1230 and it is now moving towards 1300. Metals don't seem to care about it and they are still stamping. I think we will not see any significant movement there until the next crisis.