Core Liquidity Markets Announces Partnership with SignalTrader

Core Liquidity Markets a Financial Services Firm based in Melbourne, Australia proudly announces its new partnership with Signal Trader. Signal Trader is a unique service that allows traders to follow and copy trades from Professional Traders with years of experience. These traders are carefully selected after undergoing a rigorous evaluation process by the Signal Trader… Read More »

Forex Market View for October 31, 2014

Forex Market View for October 31, 2014 US Personal income increased at a monthly pace of 0.2% during September, missing estimates while Personal Spending fell0.2%. Core PCE, which minus food and energy costs, increased 1.5% YoY and 0.1% MoM. WTI Crude for December delivery is trading 1.5% down at USD 79.91/barrel. The commodity is widening… Read More »

Forex Market Review for October 29, 2014

  Forex Market Review for October 29, 2014 The Federal Reserve declared the end of its bond purchases program as the central bank mainly implied in its previous meetings. The Fed decisively acknowledged the recovery in the jobs sector as the central bank upgraded labor market and said labor underuse no longer ‘significant’. ‘Solid job… Read More »

Forex Market View for October 29, 2014

Forex Market View for October 29, 2014 This FOMC meeting should signal the end of the QE3 program. Nevertheless, with domestic economic growth momentum starting to leak lower. The fundamental element today will be any possible changes to the forward guidance statement that would remove the reference to the fed funds rate staying at existing… Read More »

Understanding The MetaTrader Liquidity Bridge

  MetaTrader 4 is the most popular Forex trading platform in the world for us several years running. One of the reasons that MetaTrader 4 was so popular among Forex brokerages was that the licenses were all inclusive and there was no transactional cost for the broker. At that time the majority of these brokers… Read More »

Forex Market View for October 28, 2014

Forex Market View for October 28, 2014 US Consumer Confidence rose to 94.5 in October, from 89.0 in November, corresponding to data released by the Conference Board. Analysts expected a drop to 87.0. EUR/USD, the hourly chart has hit a price at new highs above 1.2750 and beyond its moving averages that linger pretty horizontal… Read More »

Using Fibonacci When You Trade Forex

Forex Traders around the world are all familiar with the name Fibonacci. Many traders use this “indicator” as part of their trading system. Fibonacci was born in 1170 in Italy and was the son of a wealthy merchant. From his travels to and from North Africa he learned from some of the most renowned mathematicians… Read More »

Forex Market View for October 27, 2014

Forex Market View for October 27, 2014 USD/JPY has been falling on Monday with US and European shares slipping as well. Technically, the 1 hour chart shows indicators moving south below their midlines, while 100 SMA continues a strong bullish slope in the 107.50/60 area, acting as current support. Chart indicators turned south but remain… Read More »

Failure of 25 Banks ECB Stress Tests May Impact Forex Market

It’s starting to look like 2008 all over again. The focus and concern is back on the banks but this time the focus is solely in Europe.These results will most likely impact the Forex Market. The ECB conducted stress test was done on 123 EU banks. Four of the banks were from Italy and one… Read More »