Forex Traders Are Now Investing In ICOs

Initial Coin Offerings (ICOs) seem to be the rage among Forex traders today. A project called Status.im raised around $65 million, while Bancor raised $153 million in just a few hours. MoneyWeek reports that this year, blockchain entrepreneurs raised $327 million through ICO offerings in the first half of 2017 — a figure that now…

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How To Code A Simple EA In MQL5?

In this post, we will go in details of how to code a simple EA using MQL5. MQL5 is much better than MQL4. MQL5 has been build from ground up by the Meta Quotes Corporation. MQL5 is now a powerful object oriented programming language that is very similar to C++. So if you know C++,…

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EURUSD Buy Trade TP 150 Pips SL 10 Pips

If you have been reading my Forex News 2.0 blog, you must have realized by now, I take risk management very seriously. Most new traders ignore risk management. After many months of losing months, they realize their mistake. Always take risk management very very serious. Did you read the post on GBPUSD short trade with…

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GBPUSD Sell Trade With SL15 Pips And TP 200 Pips

GBPUSD is a great pair when it comes to making pips. Did you read the latest issue of FX Trader Magazine? When you are trading GBPUSD always keep this in mind, it can change direction all of a sudden. This pair reads the news just like us and can change it’s mind in just a…

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How To Trade Correlated Pairs GBPJPY And GBPNZD?

In this post we are going to discuss how we are going to trade correlated pairs using the example of GBPJPY and GBPNZD. Just by looking at these 2 pairs you should get that idea that both these pairs are correlated due to GBP. The idea is to find an opportunity when the 2 pairs…

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EURUSD Monday Buy Trade SL 15 Pips TP 150 Pips

EURUSD opened on Monday with a huge gap down. Over the weekend, Italian Referendum was held that gave a resounding no vote to the governments proposed constitutional reforms. EURUSD was nervous in the early morning hours on Monday. Then the huge EURUSD rally started as the market liked no vote in the referendum. Did you…

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The British Pound Flash Crash & The Hunt Volatility Funnel

British Pound Flash Crash happened suddenly without warning on October 6th late night during the Asian market hours. All of a sudden within 2 minutes GBPUSD fell 1200 pips and then recovered 1000 pips in the next few minutes.  British Pound was trading at $1.26 when within in less than a  minute it fell to…

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5 Different Pivot Point Formulas And How To Trade With Them

There are 5 different pivot point formulas that are used by traders in their daily trading. These are the standard formula, fibonacci pivot point formula, Caramilla pivot point formula, Woodie pivot point formula and De Mark’s pivot point formula. You can download Fibonacci Pivot Point MT4 Indicator FREE. This indicator draws the pivot point and…

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Download Fibonacci Pivot Point MT4 Indicator FREE

In this post we are going to give you the Fibonacci Pivot Point MT4 Indicator MQL4 code FREE. There are different formulas used to calculate the pivot points. The first is the standard formula. Then there is a formula that uses fibonacci retracement levels in calculating the different support and resistance levels. There is another…

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FX Trader Magazine This Month Issue FREE Download

FX Trader Magazine can be read freely online. Each monthly issue of FX Trader Magazine contains articles on fundamental as well as technical analysis by professional traders. July issue has been released and has been named the Brexit Special. The first article is titled, A Financial And Political Turning Point. Brexit was a historical event…

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