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Wednesday, December 31, 2014

EURGBP Buy Recommendation December 31st 2014


Currency Pair: EURGBP

Timeframe: Daily Chart (D1)

Recommendation: Buy EURGBP @ 0.7800

Take Profit @ 0.8000

Stop Loss @ 0.7750

Tuesday, December 30, 2014

AUDNZD Buy Recommendation December 30th 2014


Currency Pair: AUDNZD

Timeframe: Daily Chart (D1)

Recommendation: Buy AUDNZD @  1.0435

Take Profit @ 1.1035

Stop Loss @ 1.0200

Thursday, December 25, 2014

USDJPY Sell Recommendation December 26th 2014


Currency Pair: USDJPY

Timeframe: Hourly Chart (H4)

Recommendation: Sell USDJPY @ 120.400

Take Profit @ 117.400

Stop Loss @ 121.900

Tuesday, December 23, 2014

NZDUSD Buy Recommendation December 24th 2014


Currency Pair: NZDUSD

Timeframe: Daily Chart (D1)

Recommendation: Buy NZDUSD @  0.7720

Take Profit @ 0.8470

Stop Loss @ 0.7420

Monday, December 22, 2014

AUDCAD Buy Recommendation December 23rd 2014


Currency Pair: AUDCAD

Timeframe: Hourly Chart (H4)

Recommendation: Buy AUDCAD @  0.9430

Take Profit @ 0.9730

Stop Loss @ 0.9300

Wednesday, December 17, 2014

NZDUSD Buy Recommendation December 18th 2014


Currency Pair: NZDUSD

Timeframe: Daily Chart (D1)

Recommendation: Buy NZDUSD @  0.7715

Take Profit @ 0.8615

Stop Loss @ 0.7415

Tuesday, December 16, 2014

Silver Buy Recommendation December 17th 2014


Commodity: Silver

Timeframe: Hourly Chart (H1)

Recommendation: Buy Silver @  15.85

Take Profit @ 17.00

Stop Loss @ 15.35

EURCHF Buy Recommendation December 16th 2014


Currency Pair: EURCHF

Timeframe: Daily Chart (D1)

Recommendation: Buy EURCHF @  1.2010

Take Profit @ 1.2210

Stop Loss @ 1.1950

Wednesday, December 10, 2014

EURGBP Sell Recommendation December 11th 2014


Currency Pair: EURGBP

Timeframe: Hourly Chart (H1)

Recommendation: Sell EURGBP @ 0.7920

Take Profit @ 0.7850

Stop Loss @ 0.7970

Tuesday, December 9, 2014

USDCAD Sell Recommendation December 10th 2014


Currency Pair: USDCAD

Timeframe: Daily Chart (D1)

Recommendation: Sell USDCAD @ 1.1440

Take Profit @ 1.1040

Stop Loss @ 1.1590

Get your Broker Review at Profit F

As a new forex trader you will be faced with many new challenges and one of them will be the selection of a forex broker. Once you start doing your research you are likely to be faced by an overwhelming amount of information from countless of sources. It may seem like a wild jungle out there with information clouding your visibility. At The Last Bear we have reviewed a handful of forex brokers, but if you are looking for an even bigger selection of reviewed forex brokers we recommend that you will take a look at Profit F.

When you have a lot of information to process it is best if you have a nicely organized table which you can find at Profit F. The very first view will get you the name of the forex broker, the minimum deposit, the minimum trade size in lots, regulation, their website, link to the review as well as a star rating system. Clicking on the review button will open a new tab and give you a detailed review about your selected forex broker. A nice feature is the ‘Open Account’ button at the end of the review which allows you to react on a forex broker you like.

Don’t see the forex broker you like?

It is very easy to add a forex broker you do not see by clicking the ‘Add new Broker’ button in the top right corner which is visible in green.  Filling out the form is very simple and does not require a lot of time. Many choices can be activated by clicking the box. This allows for a speedy submission.

Don’t want to spend too much time sorting through all the forex brokers?

No problem. In the left sidebar you have a filter where you can search the database by name, minimum deposit, lot size, leverage, spread, pricing decimal and payment method. Below those options you have a button with‘Other Features’ which drops down a set of features which include theacceptance of US traders, PAMM accounts, MT trading platform, mobile trading,web-based trading, affiliate program, VPS and Profit F bonuses.


How about binary options brokers?

No worries, you can find reviews of binary option traders as well.  The review is structured slightly different. The quick review gives you the name of the binary option broker, the minimum deposit, the payout ratio, regulation, acceptance of US traders, the website, a review button and star rating. The detailed review offers the handy ‘Open Account’ button in green so traders won’t lose any time and can head right to the account opening.

The filter in the left sidebar has also been modified to fit what is relevant to binary option brokers which is another nice feature. Besides the slider where you can select binary option brokers based on the minimum deposit you can filter the database by types of options offered by the broker. They include high/low options, one touch options, range options, 60 secondsoptions, pair options, option builder, pro option, short-term option and other.


Are there any other features?

Yes, besides forex broker reviews and binary option broker reviews you can subscribe to a newsletter offered, access a currency converter and take advantage of live charts.

Conclusion

Profit F can take out the hassle of finding the right broker for your trading needs and should be in your tool box when you research brokers.

Monday, December 8, 2014

GBPUSD Buy Recommendation December 9th 2014


Currency Pair: GBPUSD

Timeframe: Daily Chart (D1)

Recommendation: Buy GBPUSD @  1.5635

Take Profit @ 1.6785

Stop Loss @ 1.5400

Wednesday, December 3, 2014

AUDUSD Buy Recommendation December 4th 2014


Currency Pair: AUDUSD

Timeframe: Daily Chart (D1)

Recommendation: Buy AUDUSD @  0.8375

Take Profit @ 0.9000

Stop Loss @ 0.8200

Tuesday, December 2, 2014

EURUSD Buy Recommendation December 3rd 2014


Currency Pair: EURUSD

Timeframe: Hourly Chart (H1)

Recommendation: Buy EURUSD @ 1.2375

Take Profit @ 1.2525

Stop Loss @ 1.2300

Sunday, November 30, 2014

Trading Overview November 1st 2014 - November 30th 2014: 600 Pips Earned



I have completed my overview of forex trades which I recommended between November 1st and November 30th. I had a total of twelve trading recommendations which I published 100% free of charge and I always update you all on every trade regardless if I earned money on it or if I lost money on it. In my previous trading updates I showed you how I earned 11,875 pips from 84 trading recommendations for 2014.

Update on two open trades from the previous update:

  1. October 13th 2014 - EURCHF Long @ 1.2085, Floating Trading Loss of 62 pips
  2. October 30th 2014 - GBPUSD Long @ 1.6000, Exit @ 1.5900 on November 5th 2014; Loss of 100 pips
  3. October 31st 2014 - Silver Long @ 16.10, Exit @ 16.60 on November 25th 2014; Profit of 500 pips

Here is my forex trading overview for trades between November 1st and November 30th 2014:

  1. November 7th 2014 - AUDUSD Long @ 0.8600, Floating Trading Loss of 96 pips
  2. November 8th 2014 - GBPUSD Long @ 1.5875, Exit @ 1.5700 on November 13th 2014; Loss of 175 pips
  3. November 9th 2014 - CADJPY Short @ 101.00, Exit @ 103.00 on November 14th 2014; Loss of 200 pips
  4. November 11th 2014 - NZDUSD Long @ 0.7725, Exit @ 0.7975 on November 18th 2014; Profit of 250 pips
  5. November 12th 2014 - EURGBP Long @ 0.7835, Exit @ 0.8035 on November 19th 2014; Profit of 200 pips
  6. November 13th 2014 - EURJPY Short @ 144.10, Exit @ 146.50 on November 19th 2014; Loss of 240 pips
  7. November 18th 2014 - USDCAD Long @ 1.1275, Exit @ 1.1400 on November 28th 2014; Profit of 125 pips
  8. November 19th 2014 - EURCHF Long @ 1.2010, Floating Trading Profit of 13 pips
  9. November 20th 2014 - AUDCHF Long @ 0.8260, Exit @ 0.8200 on November 26th 2014; Loss of 60 pips
  10. November 24th 2014 - EURCAD Long @ 1.3940, Exit @ 1.4240 on November 28th 2014; Profit of 300 pips
  11. November 26th 2014 - AUDNZD Long @ 1.0910, Floating Trading Loss of 71 pips
  12. November 27th 2014 - USDJPY Short @ 117.250, Floating Trading Loss of 134 pips
Total Profits: 1,230 pips, 15 Trades, 5 Profitable Trades, 5 Losses, 5 Open Trades

My total profits for 2014 rose to 12,475 pips on 96 recommended forex trades. I operate this forex portfolio over at PaxForex and their tight spreads and execution speed allow me to earn more each time I trade.



Wednesday, November 26, 2014

USDJPY Sell Recommendation November 27th 2014


Currency Pair: USDJPY

Timeframe: Daily Chart (D1)

Recommendation: Sell USDJPY @ 117.250

Take Profit @ 110.000

Stop Loss @ 120.250

Tuesday, November 25, 2014

AUDNZD Buy Recommendation November 26th 2014


Currency Pair: AUDNZD

Timeframe: Daily Chart (D1)

Recommendation: Buy AUDNZD @  1.0910

Take Profit @ 1.1260

Stop Loss @ 1.0800

Monday, November 24, 2014

EURCAD Buy Recommendation November 24th 2014


Currency Pair: EURCAD

Timeframe: Hourly Chart (H1)

Recommendation: Buy EURCAD @ 1.3940

Take Profit @ 1.4240

Stop Loss @ 1.3790

Thursday, November 20, 2014

AUDCHF Buy Recommendation November 20th 2014


Currency Pair: AUDCHF

Timeframe: Daily Chart (D1)

Recommendation: Buy AUDCHF @ 0.8260

Take Profit @ 0.8360

Stop Loss @ 0.8200

Wednesday, November 19, 2014

EURCHF Buy Recommendation November 19th 2014


Currency Pair: EURCHF

Timeframe: Hourly Chart (H4)

Recommendation: Buy EURCHF @ 1.2010

Take Profit @ 1.2200

Stop Loss @ 1.1960

Monday, November 17, 2014

USDCAD Buy Recommendation November 18th 2014


Currency Pair: USDCAD

Timeframe: Hourly Chart (H1)

Recommendation: Buy USDCAD @ 1.1275

Take Profit @ 1.1400

Stop Loss @ 1.1200

Thursday, November 13, 2014

EURJPY Sell Recommendation November 13th 2014


Currency Pair: EURJPY

Timeframe: Hourly Chart (H4)

Recommendation: Sell EURJPY @ 144.100

Take Profit @ 137.100

Stop Loss @ 146.500

Wednesday, November 12, 2014

EURGBP Buy Recommendation November 12th 2014


Currency Pair: EURGBP

Timeframe: Daily Chart (D1)

Recommendation: Buy EURGBP @ 0.7835

Take Profit @ 0.8065

Stop Loss @ 0.7750

Monday, November 10, 2014

NZDUSD Buy Recommendation November 11th 2014


Currency Pair: NZDUSD

Timeframe: Hourly Chart (H4)

Recommendation: Buy NZDUSD @ 0.7725

Take Profit @ 0.8130

Stop Loss @ 0.7600

Sunday, November 9, 2014

CADJPY Sell Recommendation November 9th 2014


Currency Pair: CADJPY

Timeframe: Daily Chart (D1)

Recommendation: Sell CADJPY @ 101.00

Take Profit @ 96.00

Stop Loss @ 103.00

Saturday, November 8, 2014

GBPUSD Buy Recommendation November 8th 2014


Currency Pair: GBPUSD

Timeframe: Daily Chart (D1)

Recommendation: Buy GBPUSD @ 1.5875

Take Profit @ 1.6480

Stop Loss @ 1.5700