FOMC Rate Decision

Today on 19:15 GMT the FOMC decision on interest rate changу will be released. While the rate certainly will be raised by 0.25% today, it is also very importonat what comments will follow today's rate decision. Anyway, I expect a very volatile market around the time of FOMC meeting, it will be a good idea to place stop orders on the range breakout borders for EUR/USD and wait for some panic :-)

New Forex brokers

I've added the information about two new brokers to the Forex brokers section of my site.

First is the Realtime Forex - not very interesting one, but good for newbies which want to learn with a serious broker while not worrying about money transfer or the order execution problems. For a more expert traders this broker might be not very suitable though.

Second is the ACM - one of the leading companies in the Forex area, along with SaxoBank, FXCM and GFT. Starting account size minimum of $5,000 suggests that this broker is for very serious traders only, but it also gives a hint of very nice liquidity which is vital when trading with a big account.

4 Banks

I've added links to four main national banks to the sidebar links menu. Thought it might be useful to get the information from such important institutions. Here are the links:
Federal Reserve System - for the United States of Amerca
ECB: European Central Bank - for the Eurpean Union
Bank of England - for the United Kingdom of Great Britain
Bank of Japan - for the Japan

Also, feel free to read very interesting articles about this banks from Wikipedia:
Federal Reserve System
European Central Bank
Bank of England
Bank of Japan

The People's Bank of China is also quite important player on the world financial area, so you may find this link useful too:
The People's Bank of China

Ten New Articles

Added another batch of Forex articles. Enjoy some high quality Forex education :)

• The Pros and Cons, of Trading a Forex Trading Demonstration Account - by Bill Boyd
• How To Find A Forex Broker That Won`t Rob You Blind - by Jimmy Cox
• Better Understand Technical Analysis and Some Indicators - by Sorna Devadas
• Bollinger Bands - by Cynthia Macy
• Understanding What Influences Forex Prices - by Sorna Devadas
• Energy Prices, Inflation and Forex - by Peter Grant
• How The Matrix Will Boost Your Forex Profits? - by Karima Begag
• Forex: No psychological limitations - by Joshua White
• Trading Psychology: Mistakes in a Trading Environment - by Raul Lopez
• My FOREX Trading Strategy - by Timothy Rohrer

Articles

Added 5 more articles to www.earnforex.com. Now I am trying to add only really intresting and useful articles, because I've noticed that some forex articles can be a real garbage and of no use to newbie traders, not saying about experienced forex traders.

• How to Save Yourself from Forex Scam - by Teo Gee
• 8 Basic Tips on choosing Best Forex Broker - by Mostafa Soleimanzadeh
• 6 Critical Factors For Successful Forex Trading - by Roxanne Manning
• Moving Averages Basics And How They Help FOREX Traders - by Adrian Pablo
• The 7 Undeniable Rules of Forex Trading - by Sorna Devadas

Today's Market

Looks like the day began with the dollar giving up its positions. No real reasons for this, in my opinion, just a technical correction before the further consolidation. There will be some important U.S. economic news later today, which are expected to be quite positive.

Pivot Point Calculator

Here is the link with which you can download very cool Pivot Point Calculator:
http://www.goforex.net/Pivot%20Calculator.zip
It is has very small size and is very easy to use. To get more info about pivot points in the forex trading you can read some articles on my site and some forex e-books. In a short way - pivot points are the special price levels on which the trend and its direction can be defined.

Articles

Added some order to the Forex Articles section by breaking the articles into several categories. And uploaded 15 new articles:

The Forex Market And Its Three Distinctive Elements - by David Mclauchlan

The Prime Time For Daily Forex Trading - by David Mclauchlan

A Forex Quickie - How To Get An Educated Quick Start - by David Mclauchlan

Forex Trading, What Hours Should I Be Ready For Trading? - by Adrian Pablo

Choosing Your Forex Broker....Important Facts - by David Mclauchlan

Relative Strength Analysis In Forex Trading - by David Mclauchlan

Trading Trend And Ranges In Today's Forex - by David Mclauchlan

Forex Traders Need To Know About Crossing Currency - by David Mclauchlan

Forecasting Forex Trading - by David Mclauchlan

Forex Trading Is Driven By Five Top Economic Indicators - by David Mclauchlan

Money Management Tips For Trading On The Forex - by David Mclauchlan

Forex - Dealing With Your Losses - by Don Spanish

Day Trading Tips for Dummies - by Tim Lee

Boost Forex Trading Profits Using These 3 Simple Guidelines - by Roxanne Manning

Moving The Forex Market With Trading And Intervention Techniques - by David Mclauchlan

New Articles

I've added some new forex articles by David Mclauchlan (a very good author!):

• Investment Myths And The Forex Markets - by David Mclauchlan
• What About The Oil Market Does It Affect Forex Trading - by David Mclauchlan
• Do Interest Rates Drive The Foreign Exchange Markets? - by David Mclauchlan
• The Elliott Wave Theory For Forex Markets - by David Mclauchlan
• Fibonacci And The Forex Market - by David Mclauchlan

Be Careful

Just wanted to warn you all fellow traders and trader-wannabes, about a site I've found recently. It's called Pip Forex (http://www.pip-forex.com) and it is a Forex broker (at least it tries to look like one). I'd recommend staying away from this one. It is aimed on newbies, but it doesn't have a demo account. So you need to transfer money to them before even trying out their 'special' trading system. Another problem is the abundance claims about how easy it is to make money on Forex, especially if you use their software and broker services (of course!). Maybe my opinion is biased with this Pip Forex broker, but I just felt that I need to warn those who are thinking about using their services. It's the first online Forex broker which I didn't add to my Forex borkers list.

Interesting Articles

I've added five new forex articles to my site www.earnforex.com. Quite interesting I must say, and could be useful even to a seasoned trader...

• Emotions And Forex Trading Don't Mix - by David Mclauchlan
• Profitable Forex Strategies and Techniques - by Nathaniel Tabares
• Forex Market Trading And The Mind Games - by David Mclauchlan
• Is There Such A Thing As Hedging In The Forex Market - by David Mclauchlan
• Neural Networks Learn Forex Trading Strategies - by Duncan McQueen

Nothing Special

I've missed some good entry points for today's trading (especially on EUR/USD). USD got a lot of strength after the good news on Iran today which caused a slight downfall in the Oil price. I've also found an interesting free forex signals site - http://www.forexmastermaker.com/tradecalls.htm. Not very helpful, but good for beginners to get some basic information on what's going on the Market.

More to read

Added another 15 Forex articles. Enjoy!

Forex 101 - by John Sanderson
Currency Trading Is Not The Monopoly Of The Nerds And The Geeks - by Sara Chambers
What Is Rollover Interest In The Forex Market? - by Martin Maier
How To Read Forex Charts: 5 Things You Must Know - by Mark Hamburg
Forex Software - Choosing The Best - by Oliver Turner
How To Spot Forex Fraud - by Willie Reynolds
Forex Training: Deadly Forex Mistakes That Assure Failure - by Raul Lopez
Learn By Hands On Forex Trading: Demo Accounts Vs Mini Accounts - by Amber Lowery
Forex: Why Psychiatrists Make Better Traders Than Expert Economists? - by Alexander Brin Day Trading, Forex Or Currencies Back Testing - A Way To Improve Your Trading Score - by David Jenyns
Forex Scams: How To Spot Them A Mile Away - by John Bekian
World Events and Wise Forex Trading - by Adrian Pablo
Forex and Some Important Facts about Bollinger Bands - by Adrian Pablo
Forex Trading Systems: Mechanical Vs. Discretionary Systems - by Raul Lopez
Trading Forex With Pivot Points - by E.J. Sieberhagen

More Forex Articles

Add few forex-related articles by Marquez Comelab:

1. Shoes Or Forex?
2. The Properties Of Price Movement
3. The Trading Teacher
4. Do You Have A Back Up Plan?
5. Why You Need To Develop Your Own Trading System

By the way, I hope all of you have got good profit out of the USD fast fall today :-)

2 new brokers

No very active market while it is waiting for the U.S. employment data which will come later this day. I expect further dollar consolidation against euro. But no one knows for sure ;-)
I've added to new brokers to my list on the earnforex.com site - InterBankFX and Forex.com. Feel free to check them out.