As the dust from the Non-Farm Payrolls sets, it’s time to sit back and relax on some long-term forex-related articles for this long weekend. Here are my picks from the web.

It was a very busy week indeed. Apart from a packed calendar and the Non-Farm Payrolls, the Bank of International Settlements officially released its triennial survey stating that forex trading reached a daily volume of 4 trillion dollars. I’ve reported this almost a month ago, and now it’s official.

And if this wasn’t enough, the new 50:1 leverage CFTC rules were presented and created lots of discussions on the web. This is a significant change to the American (and also global) forex industry. Here are interesting reactions on both stories and more:

• Katie Martin, on WSJ, doubts the notion of a “new brave world in currencies” following the news about the BIS triennial survey..
• Adam Kritzer analyzes this official release and sees an increase in emerging / exotic currencies.
• Michael Greenberg reports that FXCM is worried that the new CFTC rules will prevent US traders from having foreign accounts. Will they classify foreign brokers with the same code that is used for gambling?
• Bart Mallon looks at the next step regarding the new rules – the role of the NFA in registering brokers and placing requirements.
• Francesc Riverola reminds us that the “Forex Trader of the Year” contest of real accounts begins on Monday. You can still sign up.
• Kathy Lien provides “the best reason” to buy Euros.
• Andriy has an open poll asking where the Euro will end 2010.
• Macro Man summarizes the summer and sees that the collective wisdom of his readers was accurate about EUR/USD and most other indices.
• Sophia Todorova, on Casey’s site, deals with an issue that many traders fall upon – self sabotaging.

That’s it for now. Some of you have a really long Labor Day weekend. Have a great one!

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Before diving into a very busy week of forex trading that will close the summer, it’s time to sit back and enjoy some interesting long term articles from the web. Here are my picks. Enjoy!

• Larry Greenberg has an overview of the fading thrill of global growth. Will the US fall alone?
• Andriy presents a rather unknown indicator – Quantitative Qualitative Estimation Indicator.
• Jay Norris looks at long term charts and states that we are at the right place in the right time.
• James Chen discusses the two extremes that traders can fall to – paralysis by analysis or extinct by instinct, and tries to find the path in the middle.
• Adam Kritzer talks about the Pound rally running out of steam.
• Francesc Riverola reports about the head of Crown Forex S.A being sentenced to 25 years in prison for a major forex scam.
• Michael Greenberg reports that Forex Club awarded fastest growing forex broker in America.
• Macro Man discusses Australia’s hung parliament and the implications for the Aussie.
• Forex Alliance, a new forex portal has launched. It will be interesting to see how it evolves.

Don’t forget to participate in the forex trivia quiz. You can win cash prizes!

Want to see what other traders are doing in real accounts? Check out Currensee. It’s free..

After a busy week of tense range trading, the markets are now closed, and it’s time to sit back and enjoy some long-term forex-related articles. Here are the picks. Enjoy:

• Andrei lays out the third part of series about the “biggest forex scam”. In a related matter, also signal providers may be problematic. If you’re getting alerts, better have something straightforward and simple, that just updates on prices, like this provider of forex SMS alerts.
• Adam Kritzer examines the correlation between US National Debt and the US dollar. It’s not necessarily what you think.
• Macro Man analyzes how China benefits from the moves by the Federal Reserve.
• Michael Greenberg reports that the CFTC Final Regulations are due soon, and brings an interesting analysis about the state of regulation.
• Francesc Riverola also discusses the new regulation that is expected and focuses on changes that the NFA already made after the CFTC audit.
• Casey Stubbs talks about the foundations of forex success.
• Boris Schlossberg asks if M&A activity could push USD/CAD to parity.
• James Chen explains how to use Bollinger BandWidth in forex trading.

That’s it for now. Have a great weekend!

Want to see what other traders are doing in real accounts? Check out Currensee. It’s free..

After a turbulent week that saw a major shift in the trend, the markets are closed and its time to relax with some long-term forex-related articles. Here are my favorites:

1. Adam Kritzer shows the rle of the SNB in the Euro’s fall. I believe that EUR/USD will continue falling.
2. Kathy Lien analyzes the FOMC Statement, word by word, highlighting the negativity.
3. Larry Greenberg checks out cases of double-dip recessions, which are quite rare. Will we see one now?
4. Andrei discusses one of the biggest forex scams.
5. Michael Greenberg reports about a new portal for novice traders. One of the biggest forex portals, Forex Factory, just added an interesting liquidity gauge.
6. Francesc Riverola triggers an interesting discussion about how the Dodd-Frank act will affect the forex market.
7. Casey Stubbs asks traders a serious question: Can you follow your own rules, just once?
8. James Chen holds a poll about the most effective toll for trading. The results are interesting.

Want to see what other traders are doing in real accounts? Check out Currensee. It’s free..

After an exciting week that ended with Non-Farm Payrolls, it’s time to relax with some long-term forex related articles, before a new week begins. Here are my picks. Enjoy!

Note that most of the links come from blogs that are in my list of top 10 forex blogs.

• Michael Greenberg analyzes the annual report from the Foreign Exchange Committee for 2009. All in all, forex is on the rise.
• Kathy Lien points out the correlation between USD/JPY and US yields.
• Larry Greenberg looks back and states that double-dip recessions are extremely rare in the US.
• Macro Man discusses deflation and inflation in his special style.
• Casey Stubbs emphasizes the importance of being picky and patient in forex trading.
• Andrei finds many similarities between drinking and forex trading.
• Adam Kritzer interviews Roland Manarin that states: “Don’t try to beat the market”.
• Francesc Riverola provides more details about the upcoming “Forex Trader of the Year” contest.
• James Chen brings an educational article about trading forex volatility.
• Alan talks about the impacts of global crises on forex trading.

Want to see what other traders are doing in real accounts? Check out Currensee. It’s free..

Forex trading continues to grow. Two separate reports show that the volume of forex trading is on the rise. This goes hand in hand with the evolution of the industry.

According to the Bank of International Settlements, the daily volume of forex trading reached 4.1 trillion US dollars a day. This report is published only once every three years and is very important:

This 28% growth rate since 2007 is partly due to the credit crisis. As the world stock markets collapsed in the fall of 2008, forex became more popular. In forex trading, there is always a currency that goes up, and people found it attractive, together with the higher volatility.

Also fund managers find currency trading to be attractive, and they have diversified their investments in favor of forex in recent years. In his report about BIS release, Adam Kritzer analyzes the reasons and also comments about the implications:

I think it means that volatility will probably remain high. Investors will continue to adjust their exposure for hedging purposes, and traders will churn their portfolios in the search for quick profits.

Another report comes from the Foreign Exchange Committee, with a different resolution, and a focus on North America. In its Survey of North American Foreign Exchange Volume, the committee shows that the volume rose by 11.8% in April compared to October 2009, and is almost back to the peak levels seen at the height of the crisis in October 2008.

In his analysis of this report, Michael Greenberg brings more figures. After reaching the aforementioned peak in October 2008, volume fell in April 2009, but resumed a steady uptrend afterwards.

The growth of forex trading goes together with more tools available for traders – better software, forex social sites and also tighter regulation, such as the recent leverage limit in Japan, and the proposed leverage limit in the US by the CFTC.

All in all, forex trading is marching towards the mainstream. For further reading, here’s a series of 5 articles about the road that forex trading needs to take towards the mainstream. Here’s the most recent article, about finding the best forex trader. The other articles are linked from there.

Want to see what other traders are doing in real accounts? Check out Currensee. It’s free..

After a busy week of trading, and before an even busier week ahead, it’s time to sit back and enjoy the weekend with some long-term forex-related articles. Enjoy:

• Francesc Riverola reports that the volume of forex trading is growing double-digits in the 6 months that ended in April. Forex is getting the deserved attention.
• Larry Greenberg asks how low will the Euro go by the end of 2010, and provides interesting insights.
• Casey Stubbs provides an in-depth review of Oracle Trader.
• James Chen discusses pairing strength and weakness when trading forex.
• Jay Norris states that price comes first, indicators last.
• Adam Kritzer sees forex volatility staying high for a long time.
• Andrei shows how to draw filled rectangles with MQL4/MQL5.
• Michael Greenberg reports that a major forex fraud was exposed by the British authorities (FSA. No doubt that serious regulation will make forex more mainstream.

And towards the big event next week, here are my 5 notes for Non-Farm Payrolls trading.

That’s it for now. Have a great weekend!

Want to see what other traders are doing in real accounts? Check out Currensee. It’s free..

After a volatile week and before a new one begins, it’s time to sit back and read some long-term forex-related articles. Here are my picks. Enjoy:

• Michael Storm, on Casey’s site, asks what are the making of a good scalper trader, and provides some answers.
• James Wooley explains the price oscillator indicator with examples.
• Francesc Riverola reports that GFT is expected to launch fractional pips quite soon. Will other brokers follow?
• Michael Greenberg dives into misleading PRs and examines the case of FXDD. There are worse things, such as Crown’s reincarnation.
• Adam Kritzer follows the emerging markets, that continue shining, no matter what happens elsewhere.
• Andrei raises a poll about the worst enemy a forex trader has. The results are interesting.
• Larry Greenberg examines the two roles of the Federal Reserve and how it balances between them.
• James Chen talks about trading forex only on price action.

You’re also welcome to read my post, in search of the best forex trader.

Want to see what other traders are doing in real accounts? Check out Currensee. It’s free..

After an eventful week, it’s time to sit back and take your time with long-term forex articles. Here are my picks. Enjoy!

• Michael Greenberg reports that the CFTC charges Florida scammers with a forex fraud.
• Francesc Riverola reports that AVS Carter is now London Pearson – a reincarnation of a forex fraud. Also I’ve reported about Crown Forex returning as Forex IT. Forex scams are everywhere…
• Kathy Lien analyzes the peculiar Chinese moves on the yuan in a TV interview.
• Larry Greenberg doesn’t see hope for the economies of the world.
• Adam Kritzer states that the US is apathetic about the value of the dollar.
• James Chen discusses the importance of trailing stops – an important aspect in forex trading.
• Casey Stubbs has a special offer for you on his site.
• Mary Stewart explains how to find entry and exit points.
• Asaf Yigal asks: What is a pip worth anyway?
• Jay Norris talks about fact based triggers.

You’re also welcome to check out my recent article about 5 top site for forex exchange rates.

Want to see what other traders are doing in real accounts? Check out Currensee. It’s free..

Here are some selected forex-related articles for the weekend. All have a rather long term scope and are in a variety of subjects. Enjoy:

• Adam Kritzer diagnoses the Chinese move on the yuan, and is quite skeptical. We’ve seen a temporary impact on commodity currencies.
• Kathy Lien brings her outlooks on the Euro and the Aussie, in TV interviews.
• Larry Greenberg discusses the austerity measures around the world, and their meaning for the economies and currencies.
• Andrei presents a Multi-Timeframe indicator for MT5.
• James Chen explains divergences with some nice illustrations.
• Michael Greenberg reports about yet another forex scheme that the CFTC intercepted.
• Francesc Riverola brings another interesting interview with women in forex. This time: Karen Jones andJane Foley.
• Sophia Todorova, on Casey’s site, presents her most profitable trading strategy.

That’s it. Have a great weekend!

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