Alan’s Forex Blog

Hello everybody. I received an e-mail from a Forex MegaDroid promoter (Andreas Kirchberg of Forex Killer fame) a few minutes ago notifying me that the Forex MegaDroid developers are going to increase the price of their product. The way I see it either they’re just saying this to drive up sales (last minute rush sort [...]

Hi everyone. I just found out that IBFX (InterbankFX) is going to introduce 5 digit pricing. This is good news for all those who use this broker as it should result in tighter spreads. By the way, don’t forget to modify your EAs if they aren’t already setup to handle 5 digit price feeds!
Here is [...]

 
The currency markets settled down overnight, consolidating Thursday’s post ECB and G20 rush with only USD/JPY breaking rank posting a fresh 5 month high, albeit briefly, of 100.18. The DJIA managed a 2.8% gain but the proximity of an expected horrible U.S. payrolls number weighed on the Nikkei which closed just 0.3% higher. Europe is [...]

Employment is widely believed to be a lagging indicator, so traders often look to wider economic announcements to try and gauge overall economic sentiment. However, traders continue to be assailed by good, bad and “less bad” news announcements from all sides and making sense of the markets at the moment may prove to be difficult. [...]

Greetings fellow FapTurbo owners. I just got an e-mail from the FapTurbo crew that they’re going to be holding another free mentoring session. This next one will be held on April 4′th. If you have FapTurbo related questions that you haven’t been able to find an answer to I’d strongly recommend you join this mentoring [...]

Hello dear readers and fellow traders. I bet by now you’ve probably been bombarded already with marketing materials from promoters of the Forex MegaDroid EA. However what none of those marketing e-mails contain is a backtest showing you how the EA performs for real.  It so happens to be that one member of my Forex [...]