PipHolic.Com

The first question came into my mind at the first time I heard this term.”Forex, what kinda creature is it?”. Some negative thoughts on this term has been long time spreading in most of Indonesian (my lovely country) mind. Mainly because most of them has heard a general opinion that this creature is [...]

In my 4 hour time frame I see GBP/USD consolidate since August 24. Last week it broke 2.0234 which I interprete as a sign that it will keep going south in the next swing. It is possible that it will continue to 1.9900 level. However since the price momentum showing an oversold situation, a retracement [...]

Opening-range breakout techniques has long been favorite of intraday stock index traders. A similar technique can be used in the currency market to capitalize on price moves in the British pound.
Day trading the foreign currency (forex, FX or interbank) market is definitely one of the more challenging endeavors an aspiring trader can pursue. The higher [...]

This is probably the most used word in term of currency trading; Pip. Not only that it is easy to be spelled but also because it is what traders hunt in currency trading. Many trader say that knowing how many pips you gain or lose is more important than knowing how much money you gain [...]

InterbankFX is a US based forex broker. They have been in the market since 2001 and is currently registered and regulated by Futures Commission Merchant (FCM) and Commodity Futures Trading Commission (CFTC). Interbank FX offers Standard, Mini and Micro Account. You can start trading with InterbankFX with as low as 250 USD initial [...]

Probably Northfinance is the most controversial forex broker lately. Fact that North finance get lesser customer complaints than other brokers doesn’t lessen minor opinion directed to them. Many trader worry to use them because Northfinance is neither regulated nor registered to any legal body.
They have been running their business since 2001. [...]

Today forex trading recommendation:
GBP/USD
Sell@1.9730
open a Stop/Limit/Market Order
Set stop loss @-30pips
Set Profit Target @ 20-30pips (please refer to Latest Performance or Forex Signal Performance)
Result: +30pips profit