Recent content by SaraRose

Hi welcome to world of Forex! There are several brokers with 1:100 leverage, among them is ‎my favorite ECN broker-sunbirdfx or for a newbie eToro. Low spreads, minimum deposit of $100 and great ‎customer service. However, I do want to let you know that trading with high leverage is ‎extremely...

The Aussie reached the resistance of the 200 SMA at 1.022 and it is about to correct down after rising more than 500 pips since the recent bottom. I will open short position if it slides under yesterday's low at 1.013 with target at 1.0. SL above the 200 SMA...

Before you open a position, you need to know what are the stop loss level and the take-profit levels. You determine them by estimating the closest significant support and resistance. I always keep the ratio between the SL and TP at least 1:15. The bottom line is that your exit points are...

The question whether you will need to deposit extra money refers to scenario in which the trade goes against you. Well, it depends on your brokers and how it calculates the stop-out or margin call. For example, I trade with sunbirdfx, alpari or fxcm, which determines the stop-out as 0.25% of the...

Re: GOLD: Bounces Off Lower Prices, Faces Further Recovery Risk The reason why the gold jumped on Friday divided for two: first, it reached a strong support (1525) in the weekly chart, that each time the metal touched this level it rose dozens of points. Second, the collapse of the stocks made...

it took me long time to find a broker that provides decent CFD products. The main problems was that I got lot of requotes and the quotes were always behind other quotes from other brokers that I checked at the same time. Finally, I understood that I had to trade only with real ECN brokers and I...

There are many ECN brokers out there. However, unfortunately, many brokers advertise their brand as ECN but the truth is far from that and they are not really ECN. I recommend you try the demo of reliable ecn brokers such as sunbirdfx or Alpari so you will know what you should look for.

The massive selling of the Yen continued last week and the pair broke all of the important resistances it had on the daily chart. The weekly charts showed the aggressive bullish session that started two weeks ago, and if the pair successfully breaks-through the psychological level at 80.0, it...

It looks like the BOJ made an aggressive intervention and sold trillions of Yens. Otherwise, how can you explain this amazing jumping? I think that the USD/JPY is going to 80.0.

I am very surprised that traders are still doubting to trade with brokers that are not regulated yet after what happened to Refko and now to MFGlobal, the regulation cant guarantee you anything.

The rising of the stocks is weakening the USD against most of the major currencies and the Euro is taking advantage of the situation in spite the fact the talks with Greece, which seemed to be close to an agreement, last week, are still going on. Because of that, Germany threats on the Greek...

It depends what kind of trading you do. I make swing trading, in which I analyze currency on the daily or weekly chart. I don't set limits of times, I just set targets for P & L and I wait until the price reaches one of the targets. It can take in the very same day or last for weeks.

What drives the market, like any other markets, is the impact between the buyers and the sellers. The big players (institutional) control 80% of the trading and self traders are about 20% of the volumes. What happens in bad or positive news? There is not a formula for this but obviously that...

Hello everybody I just open an account with sunbirdfx after trading with etoro for a couple of years and its true sunbirdfx dosnt have a dealing desk or requotes and they have mt5 demo and soon real.