Forex 101- How to Install an Expert Advisor in MetaTrader 4

One of the best noted and most popular features of Meta Trader 4 is the expert advisor. An expert advisor is a file which allows the trader to be able to trade automatically in their Meta Trader 4 platform. The expert advisor can either be created in the meta-editor feature in the platform or can… Read More »

Forex Market View for December 19, 2014

Forex Market View for December 19, 2014 USD/CHF stabilized in a quite tight range Friday after touching a 2 ½-year high the prior day. the Swiss National Bank to fix negative interest rates to protect the CHF. USD/CHF has passed the day consolidating inside of 0.9780 – 0.9820 once reaching its peak level in over… Read More »

Forex Market View for December 17, 2014

Forex Market View for December 17, 2014 USD/RUB fell near 60.00, dropping 13% on the day however stocks in Moscow are up 17% but are still lower by almost 50% from the yearly price levels. A dramatic interest rate hike and the statement by the Finance Ministry stating that interceded in the market buying the… Read More »

Forex 101 Setting Up Your MetaTrader 4 Chart

Forex 101 Setting Up Your MetaTrader 4 Chart MetaTrader 4 is probably best known for its charting and analytical tools. Charting in MetaTrader 4 supports many other functions aside from reading the chart. You can trade from the chart and enable one click trading. The trade button appears in the upper left hand corner of… Read More »

Forex Market View for December 16, 2014

Forex Market View for December 16, 2014 Gold prices stay mostly untouched once the weak US Housing Starts and Building permits figures for November hit. Resistance remains at 1212.94, over which prices may re-test 1218.60. Meanwhile, support is seen at 1208.00 and 1200.00 levels. USD/JPY pair still continues under selling pressure plus technicals reinforcing the… Read More »

Forex Market View for December 15, 2014

Forex Market View for December 15, 2014  Anticipate the FOMC to cut the statement that it awaits to maintain its 0 to ¼ percent target for the federal funds rate for a “considerable time.” the FOMC to insert additional language showing that a raise in short-term interest rates is not impending”. The Committee will expected… Read More »

Forex Market View for December 12, 2014

Forex Market View for December 12, 2014   USD/CAD fell back from new 5-year highs at the start of the US session USD/CAD peaked at 1.1590, touching its peak level since July 2009 immediate supports are seen at 1.1590, 1.1600 and 1.1670. GBP/USD is trading at 1.5735, higher by 0.11% on the day, having made… Read More »