Showing posts with label currency trading. Show all posts
Showing posts with label currency trading. Show all posts

Thursday, 31 August 2017

Top 10 Forex Forums (2017 Edition)

This is a new update of my old post. As I said, Forex forum is online discussion site where other people hold conversations about 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 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) - wellknown Forex site with 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 wellknown Forex site with 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 !!!

Wednesday, 28 January 2015

Top 10 Forex Forums

A Forex forum is online discussion site where other people hold conversations about 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 huge trader base and established reputation

2. DailyFX Forum - a forum owned by one of 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, 15 December 2014

Start your own Forex signal service

A great book written by Rimantas Petrauskas who is a very experienced Forex trader and skilfull Forex programmer. He has successfully thaought many clients how to succeed in Forex trading. The book, “How to Start Your Own Forex Signal Service: The Next Step Every Forex Trader Should Take to Build an Automated Passive Income Stream” has been created to help those interested in making an income through developing a Forex trading signals service.

It explains the steps that the author has used to create his own successful Forex signal service business. There are many details about the ways and approaches to find great sources for trading signals that can be sold to customers.The book is easy to follow and it will teach those who have no experience in starting their own website. It explains what software can be used to deliver trading signals, and also the methods that can be used to run a business.



Happy trading!

Wednesday, 15 May 2013

Profitable trading using THV strategy


THV is a legendary free manual trading strategy that was developed by Cobraforex. The strategy is originally designed for scalping (trading on smaller time-frames), although some traders successfully use it on larger time-frames. It can be applied to any trading instrument, but since it is a scalping strategy the better results are carried out on currency pairs with smaller spreads.

THV manual and indicators can be downloaded from here. Well, my intention is not to explain you the strategy, but to point out on few additional things that can improve your trading results. Since, it is a scalping strategy, I have applied it to 5 minute time-frame.

First, I advise you to take only those trades that are in accordance with bigger time-frames. If on 5 minute time-frame buy signal is met then check out if according to THV strategy the pair is in buy zone on 15 minute and 1 on hour time-frame. If is not, do not enter the trade. Also, if sell signal is met, check if the pair is in sell zone on 15 minute and 1 hour time-frame.

Second, take a look at Economic calendar. Do not enter the trades half an hour before highly and moderately volatile news release for the one of the currencies in the pair.

Finally, check the volume. Do not enter the trade if the volume is low. It should not be the problem if you are trading on business day during London or New York session.

Hopefully, these remarks will help you to improve your trading results. Good luck!