EURGBP has been in a downward channel since the 2014 high of 0.8399 hit on March 18. The pair maintains its bearish outlook below they key level at 0.8000. Daily technical indicators are in bearish territory although have now turned neutral – RSI, MACD and stochastic have flattened out, suggesting some exhaustion from selling pressure. […]
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
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.
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.
The Latest Forex Trading Articles from the Blog
Tuesday’s wide range of data out of Japan concerning retail sales, unemployment, household spending and job openings-to-applicants showed that the economy was slowly improving following the April sales tax hike shock. However the pace of improvement was a little slower-than-expected as some key indicators missed expectations. For example, household spending rose by 1.5% month-on-month versus […]
xm- budapest-office-monthly-update-july Ο Ιούλιος ήταν ένας μήνας γεμάτος δράση για την ομάδα ΧΜ της Βουδαπέστης. Η 6η Ιουλίου σηματοδότησε το επίσημο άνοιγμα του νέου μας γραφείου στη Βουδαπέστη και η περίσταση γιορτάστηκε με τρόπο επικό, που αρμόζει σε ένα τόσο σημαντικό ορόσημο για την ιστορία της εταιρίας μας. Καθ’ όλη τη διάρκεια του μήνα, πραγματοποιήθηκαν […]
The main data released during the European session today was on PMI business surveys (Purchasing Managers Index). German manufacturing and services PMIs were stronger-than-expected which helped boost the euro. Germany is Europe’s largest economy so the data was important as its manufacturing PMI rose to 52.9 from 52.4. The services PMI rose to a 3-year […]
AUDNZD turned bullish after breaking above the recent range top of 1.0885 on the hourly chart early today. The pair rallied to a high of 1.1014, with the stochastic and the RSI reaching overbought conditions and subsequently the pair began correcting to the downside. The market is well above the Ichimoku cloud, also suggesting a […]
The US inflation report for June was not particularly exciting news, as the figures more or less met expectations. Headline inflation came in at 0.3% month-on-month and 2.1% year-on-year; right in line with forecasts. Core inflation however, which excludes volatile food and energy prices, was slightly below expectations as it came in at 0.1% month-on-month […]
We’ve never done this before. That’s the message we received from our friends at Elliott Wave International regarding a new, one-of-a-kind event that they’re hosting. On July 23-30, for 7 days only, they are “opening the doors” to the entire line of their intensive Pro Services – free. Pro Services are the most nimble, opportunity-rich, professional-grade forecasting services at […]
How to Score in the World’s Key Commodity Markets By Elliott Wave International If you’ve ever tried your hand at futures trading, and if you’ve been watching the 2014 World Cup, you’ve probably thought to yourself — Yup. This looks like how it feels to invest in commodities. Hey, if the cleat fits! The world […]
I was very impressed with Chris Capre video that I saw recently and wanted to share his recent webinar series on the psychology of trading. Enjoy and let me know what you think in the comments. Part 1 Part 2 Webinar by Chris Capre of http://2ndskiesforex.com/ about the Laws and Mindset of Abundance. The post […]
I’m still practicing with a demo account to watch the charts and taking a trade here or there until I’ve saved enough for the live account. Join me in Trading a Demo Account with AxiTrader The EURUSD lost ground yesterday after paring a lot of its early-session losses into the close. This market is basically […]
Think the current conditions in the stock market are normal? Think again. Here are 3 characteristics you should expect to see in wave b. By Elliott Wave International Editor’s Note: Below you will find a sneak peek from the just-published issue of Robert Prechter’s Theorist. It provides you an opportunity to see some of the […]
Bitcoin is trading at $569.87 and slightly up from yesterday’s low of $554. Its close to the 540 level that Rob suggests we buy at for a super discount or small stop loss to minimise our losses. The GBPUSD rotated lower today but did pare most of its losses into the day’s close. We could […]
I’m so grateful that you’ve decided to click through to my site because you’re looking for information about Forex Trading in South Africa. I’ve been wanting to connect to other’s in this country and to create a community of people to trade with, its a bit lonely trading alone. What follows in the rest of […]
Dear Valued Partner, XM.com is offering its partners the chance to win either a luxury holiday, a top of the line iPad tablet, the latest generation iPhone 5S, and a $1000 in cash. XM is widely recognized amongst forex affiliates as offering one of the most appealing and competitive packages available anywhere in the […]
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 […]
Dear Valued Partner, We have added additional marketing material to the affiliate program. 1. Seminar banners in English and Thai to promote the seminar in Bangkok on the 7th June 2. Banners to promote the Greek webinars If you need any assistance finding your banners / links, please contact your account […]