Forex broker review and best forex broker recommendation

For most people who have daily jobs, it is difficult to trade forex in office time. Thanks for the smart phones, we can trade with phones. I am using iPhone, I can only find two companies who has forex apllication for iphone traders. I don't choose oanda, because I had bad time when I fund my acount the first time. It took forever and nobody follow up with my complains. Also its small leverage and crazy pips spead during news time is nightmare for traders.

The other one is quite good and provide tight pips spread and a lot of services. My friends strongly recommend me use it and until now I am quite happy! It is your choice for this best iphone forex broker! They are pleased to offer you a choice of 3 different spread options: ECN Premier, Variable and Fixed spreads. You can choose the one suits your need.

Tuesday, August 2, 2011

The EUR/USD are in box on 3 August, 2011

From the three horizontal line, when can see that Eur/usd is in a box. The resistance is at top purple line 1.4280 (psychology price could be 1.4275). The bottom purple line is support at 1.4158 (psychology price could be 1.4250). This support has been touched 3 times. The current price is also support line on 1 August, 2011. The current price is at this support line now. It is touched totally 3 time also. I assume there will be a small retracement.

The major trend is downward. So after the retracement, if the price break the present support, this will go down...

This post is to record my analysis only.
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