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Archive | Forex Trading

Forex Trading in South Africa.

I’ve been blogging about Forex Trading and investigating the market for a long time now. I’ve dabbled in and out of actively trading the market and I’ve had varying results but one thing that I’m happy about is finding a solid trading systems, solid brokers and a long term approach to currency speculation.

So if you’re a total newbie to the industry of forex trading and you want to start your career with the best then listen up. The first thing is to find a mentor and a credible teacher to teach you the art, science and discipline of navigating your way through the morass of forex trading.

Finding the right Forex Broker to Open an account with

The one I’ve found has asked me not to associate his name with AxiTrader so you need to contact me, details below, and I’ll send you the link to the site. You can also check out this forex course which I read is very good and pays me a small commission for your

Forex VPS

If you have a PRO Axitrader account, they give you a Free forex VPS on a server but if you already have a broker then check out Forex VPS, they have some good plans.

Contact Me

For more information about any of these opportunities please contact me and I’ll help you get involved the right way. My mobile number is (082) 561-4455.

axitrader

The Latest Forex Trading Articles from the Blog

European Session – Euro rises despite soft inflation data, ECB in focus

ECB Frankfurt-eurotower-rainbow

Risk sentiment was up in Monday’s European session despite soft Eurozone inflation data and upcoming risk events all week. Fed Chair Janet Yellen will be speaking later today, the ECB meeting is on Thursday and the all-important US nonfarm payrolls will be released on Friday. Additionally, on Tuesday Japanese data are important as is the […]

European Session – Central bankers comments pressure euro,while aussie hits 4-mth high

australian-money

Major currency pairs were driven by central banker comments, which impacted the euro and sterling, while the aussie was lifted to a 4-month high. The euro was pressured by ECB policy members talk of quantitative easing being a possible monetary policy tool for combatting deflation in the Eurozone. There is some speculation for the ECB […]

European Session – Euro pressured by German Ifo data and Weidmann comments

President of German Bundesbank Weidmann speaks on the podium during the Frankfurt Euro Finance Week in Frankfurt

The euro came under pressure after disappointing German data as well as comments from European Central Bank governing council member and Bundesbank President Jens Weidmann. The latest data on German Ifo business climate index based on a survey of 7,000 executives, fell to 110.7 in March after increasing to 111.3 the previous month. This caused […]

European Session – Euro weighed by weak German PMI data and ECB’s Liikanen

Erkki_Liikanen

Major currencies took their direction from fundamental stories on Monday, as markets focused on a series of Purchasing Managers’ Index (PMI) reports from various countries. The euro was weaker against the dollar after being weighed down by disappointing German PMI data. After a brief rally to a European session high of 1.3824 following stronger-than-forecast French […]

European Session – Euro lifted by record high current account surplus, dollar trims post-FOMC gains

Euro_ECB

Currency markets were relatively quiet on Friday in the absence of major economic data releases. The dollar is set to end the week higher against most majors but gave up some post-FOMC gains. The euro moved further off a two-week low hit on Wednesday to rise higher against the dollar today. Data showing a record […]

NYSC Event a Great Success

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Following the seminar on the 8th March and due to popular demand, the XM team returned to Lagos, Nigeria on Monday 17th March to participate in the NYSC orientation camp. This provided a perfect opportunity to invite attendees to enrol in a special 5 week free forex training course. The event proved to be a […]

Forex News – Fed shifts to qualitative forward guidance, Yellen implies earlier rate hikes

640px-Hundred_dollar_bill_01

The Federal Reserve concluded a two-day policy meeting on Wednesday with an announcement that it will taper stimulus by a further $10 billion to $55 billion a month. While this was widely expected by the markets, what came as a surprise were comments by Fed Chair Janet Yellen. During her press conference, Yellen implied that […]

Forex News – EU finance ministers meet to discuss sanctions on Russia, markets hold breath

European commission

There has been a subdued start to the new trading week, despite headlines over the weekend that Crimea voted in a referendum to join the Russian Federation. Markets were mixed in Asia on Monday but foreign exchange markets were remarkably calm going into the European session. The usual gauge of risk aversion in forex is […]

Forex News – China’s slowing growth fears takes toll on copper prices and AUD

copper

Concerns are growing about China’s growth this year after the nation’s trade balance data for February were released earlier this week, being the latest in a series of poor data releases recently. Manufacturing PMIs have been no better for months. The slowing pace of growth in the world’s second largest economy has taken a toll […]