Daily Forex News. Forex Trading Live News & Blog, Currency News. Foreign exchange (Forex/FX) is not traded on an exchange, which means that prices you see and get from one broker could vary from those of another broker.
There are mainly two types of brokers: one type is an ECN (Electronic Communication Network) and another a Market-Maker. Market-makers ‘make’ or set the prices on their systems based on what they think is best for themselves as the counter-party. This is because every time you sell, they must buy, and when you buy, they must sell to you. This is why they can give you a fixed spread since they are setting both the bid and the ask price. Many of them will then try to ‘hedge’ or ‘cover’ your order by passing it on to someone else; however, some may decide to hold your order, and thus trade against you. ECNs, on the other hand, pass on prices from several banks and market-makers, as well as from the other traders in the ECN, and display the best bid/ask prices based on these input.
Here are some pros and cons of ECNs and market-makers: Currency Market Analysis. The analysis published under this topic are as follows.
Monday, April 14, 2014 Bitcoin Price Strong Appreciation to Be Followed by Declines? / Currencies / Bitcoin By: Mike_McAra In not too many words: we don’t support any short-term positions just now. First of all, a security update coming from Bitcointalk, a forum for Bitcoin aficionados. A bug in OpenSSL, used by Bitcoin-Qt/Bitcoin Core, could allow your bitcoins to be stolen.
Read full article... Friday, April 11, 2014 This Bitcoin Price Rally Might Be a Fake One / Currencies / Bitcoin Cutting right to the chase: we still don’t support any short-term positions in the market. Yesterday, we wrote that Chinese Bitcoin exchanges BTC100 and BTCTrade were ordered by the Chinese government to close their bank accounts used to receive customer deposits. British Pound GBP/USD - Double Top or Further Rally? Currencies. Forex Trading Online: Foreign Exchange (FX) Currency Trading Made Fun. Free Forex Trading Community With Forex Signals And Broker Reviews. Eur/Usd « Categories « Elliott Wave Charts – EWcharts.com. It’s time to update my EUR/USD Elliott Wave counts. I can’t tell that I wasn’t expecting this recent downside price action in the pair. However I lost quite a bit trying to buy the Euro while it was heading south in May. I have made a mistake expecting another wave higher before this decline.
It didn’t happen and now I see that one of my EW counts is playing out. It’s a triple-three scenario from 1.4940 high. Read more » Looking at the recent price action in EUR/USD, it’s very likely that recent 1.2620-1.3480 wave up is over now and at the moment we’re down to three possible Elliott Wave counts. The EUR/USD pair has moved in line with my previous several Elliott Wave counts . In my previous post I was expecting EUR/USD to decline to around 1.25 area.
EUR/USD Monthly Cycle. The current subscription rate is US$400 per month for each pair or US$1,000 for 3 months.
This would include daily, weekly and monthly cycle analyses. Contact Albert Cheung at firstname.lastname@example.org for details in payment or pay through PayPal system if you just order 1 or 2 items. Pivot Farm TA. FXTRENDS 2011. Dukascopy. Mataf.net. Action Forex - Forex Analysis, Currency Forecast, FX Trading Signal. DailyFX.