Forex Blog http://www.earnforex.com/blog My Forex experience and some Forex related information that might be useful to other traders Tue, 22 May 2012 17:41:45 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 EarnForexBloghttp://feedburner.google.comSubscribe with My Yahoo!Subscribe with NewsGatorSubscribe with My AOLSubscribe with BloglinesSubscribe with NetvibesSubscribe with GoogleSubscribe with Pageflakes US Existing Homes Sales Advance, EUR/USD Sinks http://www.earnforex.com/blog/2012/05/us-existing-homes-sales-advance-eurusd-sinks/ http://www.earnforex.com/blog/2012/05/us-existing-homes-sales-advance-eurusd-sinks/#comments Tue, 22 May 2012 16:25:30 +0000 ForexBlogger http://www.earnforex.com/blog/?p=9423 EUR/USD was trading sideways till 11:30 GMT and than sharply fell. The decline continues as of now. US existing home sales rose last month, while manufacturing slowed its growth, but continued to expand.

Existing home sales increased to the seasonally adjusted annual rate of 4.62 million in April…

]]> http://www.earnforex.com/blog/2012/05/us-existing-homes-sales-advance-eurusd-sinks/feed/ 0 Probability Literacy Among Forex Traders — Poll http://www.earnforex.com/blog/2012/05/probability-literacy-among-forex-traders-poll/ http://www.earnforex.com/blog/2012/05/probability-literacy-among-forex-traders-poll/#comments Mon, 21 May 2012 13:37:35 +0000 admin http://www.earnforex.com/blog/?p=9413 Are you a probability literate person? As a Forex trader, you should be. Understanding the probabilities is one of the most important conditions for success in Forex market and in any other financial trading field. Almost all the FX books I read mention mass misconceptions that roam the minds of beginning and even professional …

]]> http://www.earnforex.com/blog/2012/05/probability-literacy-among-forex-traders-poll/feed/ 0 Forex Technical Analysis for Week 05/21—05/25 http://www.earnforex.com/blog/2012/05/forex-technical-analysis-for-week-0521-0525/ http://www.earnforex.com/blog/2012/05/forex-technical-analysis-for-week-0521-0525/#comments Sat, 19 May 2012 17:15:58 +0000 ForexBlogger http://www.earnforex.com/blog/?p=9404 Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2385 1.2513 1.2647 1.2775 1.2909 1.3037 1.3171 GBP/USD 1.5267 1.5499 1.5658 1.5890 1.6049 1.6281 1.6440 USD/JPY 76.89 77.94 78.46 79.51 80.03 81.08…]]> http://www.earnforex.com/blog/2012/05/forex-technical-analysis-for-week-0521-0525/feed/ 0 Forex VPS from Lithuania — vpsforextrader.com http://www.earnforex.com/blog/2012/05/forex-vps-from-lithuania-vpsforextrader-com/ http://www.earnforex.com/blog/2012/05/forex-vps-from-lithuania-vpsforextrader-com/#comments Fri, 18 May 2012 10:55:00 +0000 admin http://www.earnforex.com/blog/?p=9398 Today, I’ve listed vpsforextrader.com among the Forex VPS providers on EarnForex.com. It’s a year-old company based in Lithuania and providing its services worldwide. The servers are also hosted in Germany, making it a good hosting solution for trading with European brokers. Currently, they offer three hosting plans: …

]]> http://www.earnforex.com/blog/2012/05/forex-vps-from-lithuania-vpsforextrader-com/feed/ 0 EUR/USD Fluctuates, Attempts to Avoid Fifth Day of Losses http://www.earnforex.com/blog/2012/05/eurusd-fluctuates-attempts-to-avoid-fifth-day-of-losses/ http://www.earnforex.com/blog/2012/05/eurusd-fluctuates-attempts-to-avoid-fifth-day-of-losses/#comments Thu, 17 May 2012 17:16:09 +0000 ForexBlogger http://www.earnforex.com/blog/?p=9381 EUR/USD was falling today, heading for a fifth straight day of losses. The currency pair rebounded later and currently stays flat. Macroeconomic data from the United States was surprisingly bad today with the exception of jobless claims that remained stable.

Initial jobless claims was at the seasonally adjusted 370k last …

]]> http://www.earnforex.com/blog/2012/05/eurusd-fluctuates-attempts-to-avoid-fifth-day-of-losses/feed/ 3 EUR/USD Fluctuates as Fundamentals Drag Down Both Currencies http://www.earnforex.com/blog/2012/05/eurusd-fluctuates-as-fundamentals-drag-down-both-currencies/ http://www.earnforex.com/blog/2012/05/eurusd-fluctuates-as-fundamentals-drag-down-both-currencies/#comments Wed, 16 May 2012 19:39:23 +0000 ForexBlogger http://www.earnforex.com/blog/?p=9369 EUR/USD fluctuated today. The euro is still suffering from the crisis in Europe, while the dollar was weighed down by prospects of additional stimulus. Today’s reports from the US were good, but fears that the US recovery is not stable enough persist.

Housing starts were at the seasonally adjusted annual …

]]> http://www.earnforex.com/blog/2012/05/eurusd-fluctuates-as-fundamentals-drag-down-both-currencies/feed/ 0 MetaQuotes Updates Rules for ATC 2012 http://www.earnforex.com/blog/2012/05/metaquotes-updates-rules-for-atc-2012/ http://www.earnforex.com/blog/2012/05/metaquotes-updates-rules-for-atc-2012/#comments Wed, 16 May 2012 10:05:56 +0000 admin http://www.earnforex.com/blog/?p=9365 With less than a month left until the opening of registration for the 6th Automated Trading Championship, its host, MetaQuotes, announces some interesting changes — both to the rules of this Forex trading contest and some technical conditions for the expert advisors.

First, the maximum amount of simultaneously open pending orders …

]]> http://www.earnforex.com/blog/2012/05/metaquotes-updates-rules-for-atc-2012/feed/ 0 EUR/USD Gains on Germany’s GDP, Falls on Greece’s Elections http://www.earnforex.com/blog/2012/05/eurusd-gains-on-germanys-gdp-falls-on-greeces-elections/ http://www.earnforex.com/blog/2012/05/eurusd-gains-on-germanys-gdp-falls-on-greeces-elections/#comments Tue, 15 May 2012 16:02:16 +0000 ForexBlogger http://www.earnforex.com/blog/?p=9348 EUR/USD rose today after a report showed that the German economy grew last quarter, avoiding recession. (Event A on the chart.) The currency pair erased its gains and fell to the lowest level since January as Greece prepares for a new election after political parties failed to form a new government. It is quite …

]]> http://www.earnforex.com/blog/2012/05/eurusd-gains-on-germanys-gdp-falls-on-greeces-elections/feed/ 0 EUR/CAD @ D1 — Long-Term Descending Triangle http://www.earnforex.com/blog/2012/05/eurcad-d1-long-term-descending-triangle/ http://www.earnforex.com/blog/2012/05/eurcad-d1-long-term-descending-triangle/#comments Sun, 13 May 2012 08:40:31 +0000 admin http://www.earnforex.com/blog/?p=9340 The euro is giving the Forex traders another nice pattern — this time on EUR/CAD pair, specifically on its daily chart. This is a long-term descending triangle that started forming back in January 2012. Although its upper border is quite rough, there are enough touch-points at both of the triangle’s …

]]> http://www.earnforex.com/blog/2012/05/eurcad-d1-long-term-descending-triangle/feed/ 0 Minor Broker Updates http://www.earnforex.com/blog/2012/05/minor-broker-updates/ http://www.earnforex.com/blog/2012/05/minor-broker-updates/#comments Sat, 12 May 2012 14:17:31 +0000 admin http://www.earnforex.com/blog/?p=9333 No new Forex brokers listed today — just minor existing listing updates, all involving minimum account size changes:

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