Forex Trading Trading Guide - How To Offer With Foreign Currency Trading?
Foreign Exchange Trading Statistics v.1
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FFoorreeiiggnn EExxcchhaannggee SSttaattiissttiiccss
““FFoorreexx TTrraaddiinngg SSttaattiissttiiccss””
Information is PowerWhen Trading Forex
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FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 2 / 52
FFOORREEXX TTRRAADDIINNGG SSTTAATTIISSTTIICCSS””1155 FFOORREEXX CCUURRRREENNCCIIEESS xx 1155 YYEEAARRSS OOFF DDAAIILLYY DDAATTAA””
-- TTAABBLLEE OOFF CCOONNTTEENNTTSS --
IInnttrroodduuccttiioonn && MMeetthhooddoollooggyy........................................................................................
11.. EEUURRUUSSDD -European Currency against the United States Dollar................
22.. GGBBPPUUSSDD -British Pound Sterling against the United States Dollar..........
33.. UUSSDDJJPPYY -United States Dollar against the Japanese Yen................................
44.. UUSSDDCCHHFF -United States Dollar against the Swiss Franc....................................
55.. UUSSDDCCAADD -United States Dollar against the Canadian Dollar........................
66.. AAUUDDUUSSDD -Australian Dollar against the United States Dollar......................
77.. NNZZDDUUSSDD -New Zealand Dollar against the United States Dollar..............
88.. EEUURRGGBBPP -European Currency against the British Pound Sterling............
99.. EEUURRCCHHFF -European Currency against the Swiss Franc......................................
1100.. EEUURRJJPPYY -European Currency against the Japanese Yen..................................
1111.. EEUURRCCAADD -European Currency against the Canadian Dollar..........................
1122.. EEUURRAAUUDD -European Currency against the Australian Dollar........................
1133.. EEUURRNNZZDD -European Currency against the New Zealand Dollar................
1144.. GGBBPPJJPPYY -British Pound Sterling against the Japanese Yen............................
1155.. GGBBPPCCHHFF -British Pound Sterling against the Swiss Franc................................
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 3 / 52
FOREX TRADING STATISTICS
Introduction –Information is Power when Trading Forex
Forex trading is a complicated financial game where winning or losing depends uponthree major parameters: (i) level of information, (ii) efficiency of the tradingstrategy, and (iii) efficiency of the money management. This eBook aims tostrengthen the level of information of all online Forex traders.
Global currency rates fluctuate according to important fundamental changes(macroeconomic, strategic, political, social and technological). The core of anyinvestment valuation is based on fundamental facts and figures. Statistics is in thebusiness of analyzing past price data and identifying potential price patterns. Asthese price patterns were originally formed according to a particular row offundamental events and figures, we may argue that Fundamental Analysis andStatistics form a unified area of researching and analyzing the behavior of globalfinancial markets.
After reading this eBook you will be able to realize that Forex currencies fluctuate byfollowing particular time patterns. The demand for Forex currencies tend to increaseor to decrease during particular calendar months. These months are usually end-of-quarter months, and especially December, as the year ends. Additionally, you will beable to identify positive and negative correlations between Forex pairs that tend tooccur during certain calendar months.
Never forget that statistics is based on past data and that means it will never be ableto forecast the upcoming price action with certainty and accuracy. If you adorecertainty probably you are in the wrong business. Whenever unexpectedfundamental changes occur, statistics will prove useless in describing / forecastingthe price action. Statistics and technical analysis should be seen as a complementaryframework to fundamental analysis, and not as an independent framework ofanalyzing and forecasting the price of any financial-traded asset.
This eBook is dedicated to all those living their life outside of the ‘box’. Make moneyusing it, but also use it with caution and with respect to your Trading Strategy and toyour Money Management System. Apply your money management with militarydiscipline and balance always your capital-leverage decisions. Capital leverage is anenemy and a friend at the same time, choose sides wisely. Never forget risk becausemaking money starts from not losing money.
George M. Protonotarios, Athens, HellasFinancial Analyst -Msc in “Int. Banking & Finance” Salford, UKwww.Qexpert.comwww.TradingCenter.orgwww.Forex-Investors.com
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 4 / 52
METHODOLOGY-PRESENTING TABLES & CHARTS-
(1) Data Framework-This research is based on daily activity of 15 liquid Forex Currencies-This research is based on 15 years of Foreign Exchange data (2000-2014)-Data is extracted via the trading platform MetaTrader-4 (MetaQuotes)
(2) Foreign Currency Reserves-The figures of Foreign Currency Reserves are in accordance with IMF (2014)-BoE is presented to hold 10.135 million USD in Foreign Currency Reserves but theUK Central Government holds 72.092 million USD in Foreign Currency Reserves
(3) Monthly Average Returns-The monthly average returns have been calculated by averaging the returns of eachcalendar month for the past 15 years (January 2000 to December 2014)
(4) Counting the Number of Positive / Negative Return Months-On the right of each Monthly-Return Column you will be able to find the number ofpositive / negative months presented into two separate columns-For example, EURUSD during the month June (for the past 15 years) had shown 10times positive and 5 times negative returns, therefore the two columns show 10↑|5↓-In each and every table the sum of Positive-Return Months and Negative-ReturnMonths equals always 15-For the visualization of the number of Positive / Negative months on all charts, thefollowing formula is applied:◙ {{((NNuummbbeerr ooff PPoossiittiivvee MMoonntthhss –– NNuummbbeerr ooff NNeeggaattiivvee MMoonntthhss)) // NNuummbbeerr ooff MMoonntthhss}} // 110000
(5) Average Daily Volumes-The average daily volume is presented on the penultimate column of each table-The daily volume is presented in Million USD-The volume figures shouldn’t be considered as industry’s representatives as they areextracted from individual Forex Brokers-The volume figures are presented on this eBook solely as a comparison measurebetween different calendar months-The daily volume is averaged, as follows:◙ Average Daily Volume = (Monthly Volume / Total Number of Trading Days per Month)
(6) Average Daily Volatility-The average daily volatility is presented on the ultimate column of each table-The average daily volatility is calculated based on daily data and then averaged foreach calendar month, as follows:◙ Average Daily Volatility = {( Intraday High - Intraday Low ) / Intraday Low }
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 5 / 52
Chapter-1: EURUSD STATISTICSThe European Currency against the United States Dollar (€/$) –Nickname ‘Fiber’
CENTRAL BANK ECB FEDFOREIGN CURRENCY RESERVES 51.373 Million USD 41.901 Million USD
◙ Preface:EURUSD is the most liquid currency pair worldwide. Almost all Forex brokers offerEURUSD at their lowest available spreads (Bid/Ask) and that makes this pair ideal forintraday trading and scalping. Furthermore, there are many Expert Advisors (EAs)that trade exclusively EURUSD. Historically, EURUSD is trading in a general rangebetween €/$=0.80 and €/$=1.60. Based on historic data, there is a positivecorrelation between EURUSD and GBPUSD while there is a negative correlationbetween EURUSD and USDCHF.
◙ EURUSD Monthly Statistics:12/31/1999: 1.005912/31/2014: 1.2097These are the monthly average returns of EURUSD based on 15 years of daily data.
CALENDARMONTH
AVERAGEMONTHLYRETURNS
TIMES(↑)
TIMES(↓)
AVERAGEDAILY
VOLUME(*)
AVERAGEDAILY
VOLATILITYJANUARY -0.91% 6 9 450,336 0.899%FEBRUARY -0.13% 8 7 438,216 0.847%MARCH 0.26% 7 8 532,009 0.833%APRIL 0.76% 8 7 455,763 0.802%MAY -0.64% 6 9 495,661 0.884%JUNE 0.65% 10 5 460,597 0.847%JULY -0.04% 6 9 521,254 0.780%AUGUST -0.50% 8 7 327,875 0.777%SEPTEMBER 0.63% 8 7 178,348 0.865%OCTOBER -0.55% 7 8 677,330 0.871%NOVEMBER 0.48% 8 7 390,336 0.869%DECEMBER 1.69% 9 6 394,708 0.786%
(*) Average Daily Volume in Million USD (presented only as a comparison measure)
◙ Best Months to Trade the EURUSD:
(↑)-LONG TRADES
According to data during 2000-2014 the best months to go long on EURUSD are:→ DECEMBER, with positive average returns +1.69%→ APRIL, with positive average returns +0.76%→ JUNE, with positive average returns +0.65%→ SEPTEMBER, with positive average returns +0.63%
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 6 / 52
(↓)-SHORT TRADES
According to 2000-2014 data the best months to go short on EURUSD are:→ JANUARY, with negative average returns -0.91%→ MAY, with negative average returns -0.64%→ OCTOBER, with negative average returns -0.55%→ AUGUST, with negative average returns -0.50%
◙ EURUSD Monthly Statistics Chart:This is the EURUSD Monthly Performance Chart.
Chart: EURUSD Average Returns (%) per Calendar Month
Explanation:
-The Blue Line corresponds to the average EURUSD returns for each calendar month.-The Green Line corresponds to the number of Bullish (↑) and Bearish (↓) calendarmonths: For drawing the Green Line, the following formula was applied:● {{((NNuummbbeerr ooff BBuulllliisshh MMoonntthhss –– NNuummbbeerr ooff BBeeaarriisshh MMoonntthhss)) // TToottaall NNuummbbeerr ooff PPeerriiooddss}} // 110000
◙ Best Intraday Times to Trade the EURUSD:The best time to trade EURUSD is when London and New York are opensimultaneously. The overlap occurs between 13.00 GMT and 16.00 GMT or else 8.00EST to 11 EST.(Check the Forex Market Hours in the following graph)
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 7 / 52
Graph: Forex Markets Hours GMT (Eastern Time = GMT - 05:00)
◙ Most Volatile Days of the Week to Trade EURUSDThese are the most volatile days to trade EURUSD based on the average pip range ofeach day of the week.
Monday Tuesday Wednesday Thursday Friday110 pips 140 pips 135 pips 145 pips 140 pips
Chart: EURUSD Hourly Moves EST (Eastern Time = GMT - 05:00)
Source: Jamie Saettele, CMT
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 8 / 52
◙ Forex Brokers and EURUSD TradingThese are some popular Forex Brokers and their Real Terms when Trading EURUSD.Only ForexBroker Inc welcomes US traders (allows only traders from US and Japan).
► Go to Central Index
EURUSD BROKER EURUSDSPREADS
EURUSDSWAPS TECHNOLOGY ACCOUNT INFORMATION
EXECUTION: STP / ECN
REGULATED BY:
FCA UK, CySEC, MiFID
US TRADERS: NO
FOUNDATION: 2007
EURUSDSPREADS:
1.4 pip
COMMISSIONS: NO
OR CURRENEX:
-Spread at 0.4pip +$6/lotcommissions
■ EURUSD:
LONG (↑) :
$ -0.28
SHORT (↓) :
$ -0.10
PLATFORMS
□ MetaTrader4
□ WebTrader
SCALPING: YES
Free VPS Server fordeposits of morethan $5,000
FX ASSETS: 43
LEVERAGE:
1:1000
$50 MinimumDeposit Amount
WELCOMEBONUS:
40-100%
HOTFOREX
WEB-SITE:
► Visit HotForexWeb-Site
REVIEW:
► Review FxBroker
EXECUTION: STP
REGULATED: MiFID (EU)
US TRADERS: YES
FOUNDATION: 2012
US AND JAPANONLY
EURUSDSPREADS:
1.3 pip
COMMISSIONS: NO
■ EURUSD:
LONG (↑) :
$ -0.37
SHORT (↓) :
$ -0.36
PLATFORMS
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
FX ASSETS: 45
LEVERAGE:
1:500
$10 MinimumDeposit
WELCOMEBONUS:
100% (US ONLY)
BROKER INC
WEB-SITE:
► Visit ForexBroker Inc. (OnlyUS and Japanese)
REVIEW:
► Review FxBroker
EXECUTION: STP Model
REGULATED: FSA UK,CySEC, ASIC, MiFID
US TRADERS: NO
FOUNDATION: 2008
EURUSDSPREADS:
1.8 pip
COMMISSIONS: NO
■ EURUSD:
LONG (↑) :
$ -0.36
SHORT (↓) :
$ -0.17
PLATFORMS
□ Web Trader
□ Mirror-Trader
□ MetaTrader4
SCALPING: YES
FX ASSETS: 60+
LEVERAGE:
1:800
$50 minimumdeposit
WELCOMEBONUS:
40-100%
XEMARKETS
WEB-SITE:
► Visit XM Web-Site
REVIEW:
► Review FxBroker
EXECUTION: ECN
REGULATED: FCA UK
US TRADERS: NO
FOUNDATION: 2010
EURUSDSPREADS:
1.4 pip pluscommissions
COMMISSIONS: 0.6 pips per lot
LONG (↑) :
$ (N/A)
SHORT (↓) :
$ (N/A)
PLATFORMS
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
FX ASSETS: 60+
LEVERAGE:
1:300
$100 MinimumDeposit Amount
WELCOMEBONUS:
30-100%
FXCC
WEB-SITE:
► Visit FXCCWeb-Site
REVIEW:
► Review FxBroker
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 9 / 52
Chapter-2: GBPUSD STATISTICSThe British Pound Sterling against the United States Dollar (£/$) –Nickname Cable
CENTRAL BANK BoE FEDFOREIGN CURRENCY RESERVES 10.135 Million USD 41.901 Million USD
◙ Preface:GBPUSD is one of the three most liquid pairs worldwide along with EURUSD andUSDJPY. Historically, GBPUSD shows positive correlation with EURUSD and negativecorrelation with USDCHF.Note: The Bank of England (BoE) holds only 10.135 million USD in Foreign CurrencyReserves but the UK Central Government holds 72.092 million USD in ForeignCurrency Reserves.
◙ GBPUSD Monthly Statistics:12/31/1999: 1.614412/31/2014: 1.5571
These are the monthly average returns of GBPUSD based on 15 years of daily data.
CALENDARMONTH
AVERAGEMONTHLYRETURNS
TIMES(↑)
TIMES(↓)
AVERAGEDAILY
VOLUME(*)
AVERAGEDAILY
VOLATILITYJANUARY -0.09% 6 8 279,107 0.824%FEBRUARY -0.87% 7 8 266,974 0.770%MARCH -0.26% 8 7 287,398 0.748%APRIL 1.43% 13 2 266,291 0.684%MAY -0.56% 4 11 239,674 0.737%JUNE 0.94% 10 5 216,017 0.767%JULY 0.32% 7 8 296,667 0.695%AUGUST -0.95% 5 10 273,236 0.688%SEPTEMBER 0.48% 9 6 179,929 0.761%OCTOBER -0.13% 8 7 240,637 0.804%NOVEMBER -0.47% 5 10 278,349 0.801%DECEMBER 0.36% 6 9 241,708 0.748%
(*) Average Daily Volume in Million USD (presented as a comparison measure from month to month)
◙ Best Months to Trade the GBPUSD:
(↑)-LONG TRADES
According to data during 2000-2014 the best months to go long on GBPUSD are:→ APRIL, with positive average returns +1.43%→ JUNE, with positive average returns +0.94%→ SEPTEMBER, with positive average returns +0.48%
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 10 / 52
(↓)-SHORT TRADES
According to 2000-2014 data the best months to go short on GBPUSD are:→ AUGUST, with negative average returns -0.97%→ FEBRUARY, with negative average returns -0.87%→ MAY, with negative average returns -0.56%
◙ GBPUSD Monthly Statistics Chart:This is the GBPUSD Monthly Performance Chart.
Chart: GBPUSD Average Returns (%) per Calendar Month
-The Blue Line corresponds to the average GBPUSD returns for each calendar month.-The Green Line corresponds to the number of Bullish (↑) and Bearish (↓) calendarmonths: For drawing the Green Line, the following formula was applied:● {{((NNuummbbeerr ooff BBuulllliisshh MMoonntthhss –– NNuummbbeerr ooff BBeeaarriisshh MMoonntthhss)) // TToottaall NNuummbbeerr ooff PPeerriiooddss}} // 110000
◙ Most Volatile Days of the Week to Trade the GBPUSDThese are the most volatile days to trade GBPUSD based on the average pip range ofeach day of the week.
Monday Tuesday Wednesday Thursday Friday150 pips 170 pips 150 pips 170 pips 180 pips
◙ Best Intraday Times to Trade the GBPUSD:The best time to trade GBPUSD based on the average historic volatility occursbetween 08.00 GMT and 15.00 GMT.
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 11 / 52
◙ Forex Brokers and GBPUSD TradingThese are some popular Forex Brokers and their Real Terms when Trading GBPUSD.Only ForexBroker Inc welcomes US traders (allows only traders from US and Japan).
► Go to Central Index
FOREX BROKER GBPUSDSPREADS
GBPUSDSWAPS TECHNOLOGY ACCOUNT INFORMATION
EXECUTION: STP / ECN
REGULATED BY:
FCA UK, CySEC, MiFID
US TRADERS: NO
FOUNDATION: 2007
GBPUSDSPREADS:
2.3 pip
COMMISSIONS: NO
OR CURRENEX:
-Spread at 0.4pip -Plus $6/lotcommissions
■ GBPUSD:
LONG (↑) :
$ -0.20
SHORT (↓) :
$ -0.51
PLATFORMS
□ MetaTrader4
□ WebTrader
SCALPING: YES
Free VPS Server /$5,000+ deposit
FX ASSETS: 43
LEVERAGE:
1:1000
$50 MinimumDeposit Amount
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit HotForexWeb-Site
REVIEW:
► Review FxBroker
EXECUTION: STP
REGULATED: MiFID (EU)
US TRADERS: YES
FOUNDATION: 2012
(ONLY US ANDJAPAN)
GBPUSDSPREADS:
1.5 pip
COMMISSIONS: NO
■ GBPUSD:
LONG (↑) :
$ -0.19
SHORT (↓) :
$ -0.53
PLATFORMS
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
FX ASSETS: 45
LEVERAGE:
1:500
$10 MinimumDeposit
WELCOMEBONUS:
100% (US ONLY)
WEB-SITE:
► Visit ForexBroker Inc. (OnlyUS and Japanese)
REVIEW:
► Review FxBroker
EXECUTION: STP Model
REGULATED: FSA UK,CySEC, ASIC, MiFID
US TRADERS: NO
FOUNDATION: 2008
GBPUSDSPREADS:
2.6 pip
COMMISSIONS: NO
■ GBPUSD:
LONG (↑) :
$ -0.19
SHORT (↓) :
$ -0.45
PLATFORMS
□ Web Trader
□ MirrorTrader
□ MetaTrader4
SCALPING: YES
FX ASSETS: 60+
LEVERAGE:
1:800
$50 minimumdeposit
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit XM Web-Site
REVIEW:
► Review FxBroker
EXECUTION: STP
REGULATED: FCA UK
US TRADERS: NO
FOUNDATION: 1978
GBPUSDSPREADS:
2.6 pip
COMMISSIONS: NO
PRO ACCOUNT:
Better spreadsand MinimumAccount $5,000
■ GBPUSD:
LONG (↑) :
-0.5%
SHORT (↓) :
-1.5%
PLATFORMS
□ MetaTrader4
SCALPING: YES
FX ASSETS: 43
LEVERAGE:
1:300
$50 MinimumDeposit Amount
WELCOMEBONUS:
10%
WEB-SITE:
► Visit HYMarkets Web-Site
REVIEW:
► Review FxBroker
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 12 / 52
Chapter-3: USDJPY STATISTICSThe United States Dollar against the Japanese Yen ($/¥) –Nickname ‘The Yen’
CENTRAL BANK FED BoJFOREIGN CURRENCY RESERVES 41.901 Million USD 1.199.000 Million USD
◙ Preface:USDJPY is a very dynamic Forex pair that trades within straightforward long-termcycles. USDJPY is one of the three most liquid Forex pairs worldwide along withEURUSD and GBPUSD. Note that the bank of Japan holds massive Foreign CurrencyReserves worth about 1.2 trillion USD.
◙ USDJPY Monthly Statistics:12/31/1999: 102.1312/31/2014: 119.72
These are the monthly average returns of USDJPY based on 15 years of daily data.
CALENDARMONTH
AVERAGEMONTHLYRETURNS
TIMES(↑)
TIMES(↓)
AVERAGEDAILY
VOLUME(*)
AVERAGEDAILY
VOLATILITYJANUARY 0.34% 9 6 506,863 0.905%FEBRUARY 0.80% 8 7 452,085 0.865%MARCH 0.98% 10 5 550,213 0.971%APRIL 0.12% 6 9 458,674 0.879%MAY -0.57% 5 10 404,525 0.884%JUNE 0.11% 8 7 372,303 0.821%JULY -0.27% 9 6 538,353 0.784%AUGUST -1.29% 5 10 497,205 0.813%SEPTEMBER 0.11% 8 7 290,753 0.848%OCTOBER -0.61% 7 8 371,091 0.846%NOVEMBER 0.45% 8 7 440,968 0.817%DECEMBER 1.11% 9 6 411,453 0.782%
(*) Average Daily Volume in Million USD (presented as a comparison measure from month to month)
◙ Best Months to Trade the USDJPY:
(↑)-LONG TRADESAccording to data during 2000-2014 the best months to go long on USDJPY are:→ DECEMBER, with positive average returns +1.11%→ MARCH, with positive average returns +0.98%→ FEBRUARY, with positive average returns +0.80%
(↓)-SHORT TRADESAccording to 2000-2014 data the best months to go short on USDJPY are:→ AUGUST, with negative average returns -1.29%→ OCTOBER, with negative average returns -0.61%→ MAY, with negative average returns -0.57%
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 13 / 52
◙ USDJPY Monthly Statistics Chart:This is the USDJPY Monthly Performance Chart.
Chart: USDJPY Average Returns (%) per Calendar Month
◙ Most Volatile Days of the Week to Trade the USDJPYWednesday, Thursday and Friday are the most volatile days to trade USDJPY basedon the average pip range.
Monday Tuesday Wednesday Thursday Friday65 pips 80 pips 90 pips 125 pips 100 pips
◙ Best Intraday Times to Trade the USDJPY:In general, the best time to trade USDJPY is during the Asian session but also duringthe late US session.
Chart: USDJPY Hourly Moves (Source: DailyFx)
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 14 / 52
◙ Forex Brokers and USDJPY TradingThese are some popular Forex Brokers and their Real Terms when Trading USDJPY.Only ForexBroker Inc welcomes US traders (allows only traders from US and Japan).
► Go to Central Index
FOREX BROKER USDJPYSPREADS
USDJPYSWAPS TECHNOLOGY ACCOUNT INFORMATION
EXECUTION: STP Model
REGULATED: FSA UK,CySEC, ASIC, MiFID
US TRADERS: NO
FOUNDATION: 2008
USDJPYSPREADS:
USDJPY: 2.0 pip
COMMISSIONS:NO
■ USDJPY:
LONG (↑) :
$ -0.16
SHORT (↓) :
$ -0.25
PLATFORMS
□ Web Trader
□ MirrorTrader
□ MetaTrader4
SCALPING: YES
FX ASSETS: 60+
LEVERAGE:
1:800
$50 minimumdeposit
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit XM Web-Site
REVIEW:
► Review FxBroker
EXECUTION: ECN
REGULATED: FCA UK
US TRADERS: NO
FOUNDATION: 2010
USDJPYSPREADS:
1.1 pip pluscommissions
COMMISSIONS:
0.6 pips per lot
LONG (↑) :
$ (N/A)
SHORT (↓) :
$ (N/A)
PLATFORMS
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
FX ASSETS: 60+
LEVERAGE:
1:300
$100 MinimumDeposit Amount
WELCOMEBONUS:
30-100%
WEB-SITE:
► Visit FXCCWeb-Site
REVIEW:
► Review FxBroker
EXECUTION: STP / ECN
REGULATED BY:
FCA UK, CySEC, MiFID
US TRADERS: NO
FOUNDATION: 2007
USDJPYSPREADS:
1.7 pip
COMMISSIONS:NO
OR CURRENEX:
-Spread at 0.4pip -Plus $6/lotcommissions
■ USDJPY:
LONG (↑) :
$ -0.11
SHORT (↓) :
$ -0.22
PLATFORMS
□ MetaTrader4
□ WebTrader
SCALPING: YES
Free VPS Server /$5,000+ deposit
FX ASSETS: 43
LEVERAGE:
1:1000
$50 MinimumDeposit Amount
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit HotForexWeb-Site
REVIEW:
► Review FxBroker
EXECUTION: STP
REGULATED: MiFID (EU)
US TRADERS: YES
FOUNDATION: 2012
ONLY US ANDJAPAN
USDJPYSPREADS:
1.3 pip
COMMISSIONS:NO
■ USDJPY:
LONG (↑) :
$ -0.14
SHORT (↓) :
$ -0.22
PLATFORMS
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
FX ASSETS: 45
LEVERAGE:
1:500
$10 MinimumDeposit
WELCOMEBONUS:
100% (US ONLY)
WEB-SITE:
► Visit ForexBroker Inc. (OnlyUS and JapaneseTraders)
REVIEW:
► Review FxBroker
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 15 / 52
Chapter-4: USDCHF STATISTICSThe United States Dollar against the Swiss Franc –Nickname ‘Swissie’
CENTRAL BANK FED SNBFOREIGN CURRENCY RESERVES 41.901 Million USD 479.947 Million USD
◙ Preface:The Swiss Franc has been an historical ‘safe heaven’ for all currency investors due tothe Swiss neutrality in all major wars of the past many centuries in Europe. CHF isalso a major reserve currency used by all central banks in the world. The SwissNational Bank holds massive Forex Currency Reserves worth about 480 billion USD.As concerns liquidity, USDCHF is not as liquid as EURUSD, USDJPY and GBPUSD butit can be traded in tight spreads between 2 and 4 pips. As concerns correlations,there is an historic negative correlation between USDCHF and EURUSD but also anhistoric negative correlation between USDCHF and GBPUSD.
◙ USDCHF Monthly Statistics:12/31/1999: 1.590212/31/2014: 0.9940
These are the monthly average returns of USDCHF based on 15 years of daily data.
CALENDARMONTH
AVERAGEMONTHLYRETURNS
TIMES(↑)
TIMES(↓)
AVERAGEDAILY
VOLUME(*)
AVERAGEDAILY
VOLATILITYJANUARY 1.38% 10 5 355,987 0.956%FEBRUARY -0.27% 6 9 309,090 0.897%MARCH -0.21% 6 9 345,470 0.941%APRIL -0.49% 6 9 316,376 0.894%MAY 0.53% 8 7 306,055 0.918%JUNE -1.07% 4 11 278,459 0.936%JULY -0.21% 9 6 362,030 0.868%AUGUST 0.19% 8 7 325,957 0.946%SEPTEMBER -0.13% 5 10 227,196 0.948%OCTOBER -0.18% 7 8 283,627 0.896%NOVEMBER -0.67% 7 8 344,281 0.888%DECEMBER -1.98% 6 9 312,108 0.876%
(*) Average Daily Volume in Million USD (presented as a comparison measure from month to month)
◙ Best Months to Trade the USDCHF:
(↑)-LONG TRADES
According to data during 2000-2014 the best months to go long on USDCHF are:→ JANUARY, with positive average returns +1.38%→ MAY, with positive average returns +0.53%→ AUGUST, with positive average returns +0.19%
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 16 / 52
(↓)-SHORT TRADES
According to 2000-2014 data the best months to go short on USDCHF are:→ DECEMBER, with negative average returns -1.98%→ JUNE, with negative average returns -1.07%→ NOVEMBER, with negative average returns -0.67%
◙ USDCHF Monthly Statistics Chart:This is the USDCHF Monthly Performance Chart.
Chart: USDCHF Average Returns (%) per Calendar Month
-The Blue Line corresponds to the average USDCHF returns for each calendar month.-The Green Line corresponds to the number of Bullish (↑) and Bearish (↓) calendarmonths: For drawing the Green Line, the following formula was applied:● {{((NNuummbbeerr ooff BBuulllliisshh MMoonntthhss –– NNuummbbeerr ooff BBeeaarriisshh MMoonntthhss)) // TToottaall NNuummbbeerr ooff PPeerriiooddss}} // 110000
◙ Most Volatile Days of the Week to Trade the USDCHFThese are the most volatile days to trade USDCHF based on the average pip range ofeach day of the week.
Monday Tuesday Wednesday Thursday Friday85 pips 120 pips 105 pips 105 pips 115 pips
◙ Best Intraday Times to Trade the USDCHF:In general, the best time to trade USDCHF is during the London session and the NewYork session. The peak occurs between 13:00 GMT and 14:00 GMT.
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 17 / 52
◙ Forex Brokers and USDCHF TradingThese are some popular Forex Brokers and their Real Terms when Trading USDCHF.Only ForexBroker Inc welcomes US traders (allows only traders from US and Japan).
► Go to Central Index
FOREX BROKER USDCHFSPREADS
USDCHFSWAPS TECHNOLOGY ACCOUNT INFORMATION
EXECUTION: STP / ECN
REGULATED BY:
FCA UK, CySEC, MiFID
US TRADERS: NO
FOUNDATION: 2007
CURRENEXSPREADS:
2.0 pips
COMMISSIONS: NO
■ USDCHF:
LONG (↑) :
$ -0.10
SHORT (↓) :
$ -0.25
PLATFORMS
□ MetaTrader4
□ WebTrader
SCALPING: YES
Free VPS Server /$5,000+ deposit
FX ASSETS: 43
LEVERAGE:
1:1000
$50 MinimumDeposit Amount
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit HotForexWeb-Site
REVIEW:
► Review FxBroker
EXECUTION: STP
REGULATED: MiFID (EU)
US TRADERS: YES
FOUNDATION: 2012
US AND JAPANONLY
USDCHFSPREADS:
2.3 pips
COMMISSIONS: NO
Platinum VariableAccount
■ USDCHF:
LONG (↑) :
$ -0.17
SHORT (↓) :
$ -0.29
PLATFORMS
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
FX ASSETS: 45
LEVERAGE:
1:500
$10 MinimumDeposit
WELCOMEBONUS:
100% (US ONLY)
WEB-SITE:
► Visit BrokerInc.(Only US andJapanese Traders)
REVIEW:
► Review FxBroker
EXECUTION: STP Model
REGULATED: FSA UK,CySEC, ASIC, MiFID
US TRADERS: NO
FOUNDATION: 2008
USDCHFSPREADS:
2.6 pips
COMMISSIONS: NO
■ USDCHF:
LONG (↑) :
$ +0.03
SHORT (↓) :
$ -0.12
PLATFORMS
□ Web Trader
□ MirrorTrader
□ MetaTrader4
SCALPING: YES
FX ASSETS: 60+
LEVERAGE:
1:800
$50 minimumdeposit
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit XM Web-Site
REVIEW:
► Review FxBroker
EXECUTION: ECN
REGULATED: FCA UK
US TRADERS: NO
FOUNDATION: 2010
USDCHFSPREADS:
2.9 pips
COMMISSIONS: 0.6 pips per lot
LONG (↑) :
$ (N/A)
SHORT (↓) :
$ (N/A)
PLATFORMS
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
FX ASSETS: 60+
LEVERAGE:
1:300
$100 MinimumDeposit Amount
WELCOMEBONUS:
30-100%
WEB-SITE:
► Visit FXCCWeb-Site
REVIEW:
► Review FxBroker
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 18 / 52
Chapter-5: USDCAD STATISTICSThe United States Dollar against the Canadian Dollar –Nickname Loonie
CENTRAL BANK FED BoCFOREIGN CURRENCY RESERVES 41.901 Million USD 62.756 Million USD
◙ Preface:USDCAD is one of the 7 major Forex currencies and it is considered a very liquid pair.Historically the exchange rate of the Canadian Dollar (CAD) is highly correlated tothe Oil price. Canada is exporting daily about 2 million oil barrels to the UnitedStates, while 85% of all Canada’s exports are going in the US.
◙ USDCAD Monthly Statistics:12/31/1999: 1.447612/31/2014: 1.1615
These are the monthly average returns of USDCAD based on 15 years of daily data.
CALENDARMONTH
AVERAGEMONTHLYRETURNS
TIMES(↑)
TIMES(↓)
AVERAGEDAILY
VOLUME(*)
AVERAGEDAILY
VOLATILITYJANUARY 0.31% 9 6 258,211 0.766%FEBRUARY 0.17% 6 8 237,162 0.688%MARCH -0.18% 6 9 265,262 0.702%APRIL -1.17% 4 11 224,397 0.661%MAY -0.73% 6 9 179,611 0.755%JUNE 0.02% 5 10 154,283 0.763%JULY -0.05% 8 7 227,099 0.702%AUGUST 0.09% 6 9 229,435 0.719%SEPTEMBER -0.36% 6 9 116,141 0.726%OCTOBER 0.67% 9 6 160,956 0.866%NOVEMBER -0.05% 7 8 249,399 0.838%DECEMBER -0.02% 8 7 231,666 0.735%
(*) Average Daily Volume in Million USD (presented only as a monthly comparison measure)
◙ Best Months to Trade the USDCAD:
(↑)-LONG TRADES
According to data during 2000-2014 the best months to go long on USDCAD are:→ OCTOBER, with positive average returns +0.67%→ JANUARY, with positive average returns +0.31%→ FEBRUARY, with positive average returns +0.17%
(↓)-SHORT TRADES
According to 2000-2014 data the best months to go short on USDCAD are:→ APRIL, with negative average returns -1.17%
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 19 / 52
→ MAY, with negative average returns -0.73%→ SEPTEMBER, with negative average returns -0.36%
◙ USDCAD Monthly Statistics Chart:This is the USDCAD Monthly Performance Chart.Chart: USDCAD Average Returns (%) per Calendar Month
-The Blue Line corresponds to the average USDCAD returns for each calendar month.-The Green Line corresponds to the number of Bullish (↑) and Bearish (↓) calendarmonths: For drawing the Green Line, the following formula was applied:● {{((NNuummbbeerr ooff BBuulllliisshh MMoonntthhss –– NNuummbbeerr ooff BBeeaarriisshh MMoonntthhss)) // TToottaall NNuummbbeerr ooff PPeerriiooddss}} // 110000
◙ Most Volatile Days of the Week to Trade the USDCADThese are the most volatile days to trade USDCAD based on the average pip rangeof each day of the week.
Monday Tuesday Wednesday Thursday Friday95 pips 110 pips 105 pips 120 pips 125 pips
◙ Best Intraday Times to Trade the USDCAD:In general, the best time to trade USDCAD is between 13.00 GMT and 15.00 GMT.
Graph: Forex Markets Hours GMT (Eastern Time = GMT - 05:00)
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 20 / 52
◙ Forex Brokers and USDCAD TradingThese are some USDCAD Forex Brokers. Only ForexBroker Inc welcomes US traders.
► Go to Central Index
FOREX BROKER USDCADSPREADS
USDCADSWAPS PLATFORMS ACCOUNT INFORMATION
HOTFOREX
REGULATED BY:
FCA UK, CySEC, MiFID
US TRADERS: NO
USDCADSPREADS:
2.7 pips fixed
COMMISSIONS: NO
LONG (↑) :
$ -0.55
SHORT (↓) :
$ 0.00
□ MetaTrader4
□ WebTrader
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit HotForex
REVIEW:
► Review
FOREX BROKER INC.
REGULATED: MiFID (EU)
US TRADERS: YES
ONLY US ANDJAPAN
SPREADS:
2.5 pips
COMMISSIONS: NO
LONG (↑) :
$ -0.24
SHORT (↓) :
$ +0.16
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$10 MinimumDeposit
WELCOMEBONUS:
100% (US ONLY)
WEB-SITE:
► Visit (Only USand Japan)
REVIEW:
► Review
XEMARKETS
REGULATED: FSA UK,CySEC, ASIC, MiFID
US TRADERS: NO
USDCADSPREADS:
2.2 pips
COMMISSIONS: NO
LONG (↑) :
$ -0.59
SHORT (↓) :
$ +0.03
□ Web Trader
□ MirrorTrader
□ MetaTrader4
SCALPING: YES
$50 minimumdeposit
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit XM
REVIEW:
► Review
FXCC
REGULATED: FCA UK
US TRADERS: NO
SPREADS:
1.3 pip pluscommissions
COMMISSIONS:
0.6 pips per lot
LONG (↑) :
$ (N/A)
SHORT (↓) :
$ (N/A)
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30-100%
WEB-SITE:
► Visit FXCC
REVIEW:
► Review
HYMARKETS
REGULATED: FCA UK
US TRADERS: NO
USDCADSPREADS:
2.8 pips fixed
COMMISSIONS: NO
LONG (↑) :
$ -0.20
SHORT (↓) :
$ 0.00
□ MetaTrader4
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
10%
WEB-SITE:
► Visit HY
REVIEW:
► Review
AVATRADE
REGULATED: ASIC, BVI
US TRADERS: NO
SPREADS:
2.8 pips floating /typical
COMMISSIONS: NO
LONG (↑) :
-2.559%
SHORT (↓) :
-0.691%
□ MetaTrader4
□ WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30%
WEB-SITE:
► Visit Ava
REVIEW:
► Review
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 21 / 52
Chapter-6: AUDUSD STATISTICSThe Australian Dollar against the United States Dollar –Nickname Aussie
CENTRAL BANK RBA FEDFOREIGN CURRENCY RESERVES 42.490 Million USD 41.901 Million USD
◙ Preface:AUDUSD is a very liquid currency pair, ranked in the 6th place among the most activepairs in the world. Traditionally there is a high demand for the Australian Dollar as itoffers high interest rates to currency investors. AUDUSD is considered also a“Commodity Currency” as the Australian economy is a major commodity exporter.Historically AUDUSD has shown a positive correlation with NZDUSD and EURUSD.
◙ AUDUSD Monthly Statistics:12/31/1999: 0.656312/31/2014: 0.8160
These are the monthly average returns of AUDUSD based on 15 years of daily data.
CALENDARMONTH
AVERAGEMONTHLYRETURNS
TIMES(↑)
TIMES(↓)
AVERAGEDAILY
VOLUME(*)
AVERAGEDAILY
VOLATILITYJANUARY -0.28% 6 9 130,423 1.033%FEBRUARY 0.37% 10 5 111,515 0.953%MARCH 0.25% 8 7 164,669 0.995%APRIL 1.86% 12 3 141,025 0.941%MAY -0.89% 5 10 214,695 1.053%JUNE 0.73% 10 5 222,031 1.075%JULY 0.29% 7 8 236,693 0.984%AUGUST -0.98% 5 10 255,120 1.025%SEPTEMBER -0.20% 8 7 218,534 1.101%OCTOBER 0.45% 12 3 328,166 1.290%NOVEMBER -0.08% 8 7 130,049 1.191%DECEMBER 0.78% 7 8 145,745 0.918% (*) Average Daily Volume in Million USD (presented only as a monthly comparison measure)
◙ Best Months to Trade the AUDUSD:
(↑)-LONG TRADES
According to data during 2000-2014 the best months to go long on AUDUSD are:→ APRIL, with positive average returns +1.86%→ DECEMBER, with positive average returns +0.78%→ JUNE, with positive average returns +0.73%
(↓)-SHORT TRADES
According to 2000-2014 data the best months to go short on AUDUSD are:
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 22 / 52
→ AUGUST, with negative average returns -0.98%→ MAY, with negative average returns -0.89%→ JANUARY, with negative average returns -0.28%
◙ AUDUSD Monthly Statistics Chart:This is the AUDUSD Monthly Performance Chart.Chart: AUDUSD Average Returns (%) per Calendar Month
-The Blue Line corresponds to the average returns for each calendar month.-The Green Line corresponds to the number of Bullish (↑) and Bearish (↓) calendarmonths: For drawing the Green Line, the following formula was applied:● {{((NNuummbbeerr ooff BBuulllliisshh MMoonntthhss –– NNuummbbeerr ooff BBeeaarriisshh MMoonntthhss)) // TToottaall NNuummbbeerr ooff PPeerriiooddss}} // 110000
◙ Most Volatile Days of the Week to Trade the AUDUSDThese are the most volatile days to trade AUDUSD based on the average pip rangeof each day of the week.
Monday Tuesday Wednesday Thursday Friday85 pips 115 pips 100 pips 115 pips 110 pips
◙ Best Intraday Times to Trade the AUDUSD:In general, the best time to trade AUDUSD is during the Asian session.
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 23 / 52
◙ Forex Brokers and AUDUSD TradingThese are some AUDUSD Forex Brokers. Only ForexBroker Inc welcomes US traders.
► Go to Central Index
FOREX BROKER AUDUSDSPREADS
AUDUSDSWAPS PLATFORMS ACCOUNT INFORMATION
HOTFOREX
REGULATED BY:
FCA UK, CySEC, MiFID
US TRADERS: NO
AUDUSDSPREADS:
2.2 pips Fixed
COMMISSIONS: NO
LONG (↑) :
$ +0.15
SHORT (↓) :
$ -1.05
□ MetaTrader4
□ WebTrader
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit HotForex
REVIEW:
► Review
FOREX BROKER INC.
REGULATED: MiFID (EU)
US TRADERS: YES
US AND JAPANONLY
SPREADS:
2.3 pips
COMMISSIONS: NO
LONG (↑) :
$ +0.29
SHORT (↓) :
$ -1.09
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$10 MinimumDeposit
WELCOMEBONUS:
100% (US ONLY)
WEB-SITE:
► Visit (Only USand Japan)
REVIEW:
► Review
XEMARKETS
REGULATED: FSA UK,CySEC, ASIC, MiFID
US TRADERS: NO
AUDUSDSPREADS:
2.2 pips
COMMISSIONS: NO
LONG (↑) :
$ +0.37
SHORT (↓) :
$ -0.89
□ Web Trader
□ MirrorTrader
□ MetaTrader4
SCALPING: YES
$50 minimumdeposit
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit XM
REVIEW:
► Review
FXCC
REGULATED: FCA UK
US TRADERS: NO
SPREADS:
1.8 pips pluscommissions
COMMISSIONS:
0.6 pips per lot
LONG (↑) :
$ (N/A)
SHORT (↓) :
$ (N/A)
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30-100%
WEB-SITE:
► Visit FXCC
REVIEW:
► Review
HYMARKETS
REGULATED: FCA UK
US TRADERS: NO
AUDUSDSPREADS:
2.6 pips fixed
COMMISSIONS: NO
LONG (↑) :
+1.500%
SHORT (↓) :
-3.500%
□ MetaTrader4
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
10%
WEB-SITE:
► Visit HY
REVIEW:
► Review
AVATRADE
REGULATED: ASIC, BVI
US TRADERS: NO
SPREADS:
2.7 pips floatingtypical
COMMISSIONS: NO
LONG (↑) :
+1.839
SHORT (↓) :
-3.989%
□ MetaTrader4
□ WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30%
WEB-SITE:
► Visit Ava
REVIEW:
► Review
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 24 / 52
Chapter-7: NZDUSD STATISTICSThe New Zealand Dollar against the United States Dollar –Nickname Kiwi
CENTRAL BANK RBNZ FEDFOREIGN CURRENCY RESERVES 14.088 Million USD 41.901 Million USD
◙ Preface:The New Zealand Dollar is the official currency of New Zealand, Cook Islands,Tokelau, Niue, and Pitcairn Islands. NZDUSD is a considerably liquid Forex pair giventhe small size of the New Zealand economy. New Zealand is a major exporter of rawmaterials, wood, meat, fish and dairy and therefore NZD is a commodity currency.The New Zealand dollar offers traditionally high interest rates and that createsdemand for NZD derived from Carry Traders. NZDUSD has shown historically apositive correlation with AUDUSD but also with EURUSD. If you compare the MonthlyAverage Tables of NZDUSD, AUDUSD and EURUSD you will see significantsimilarities.
◙ NZDUSD Monthly Statistics:12/31/1999: 0.521012/31/2014: 0.7789
These are the monthly average returns of NZDUSD based on 15 years of daily data.
CALENDARMONTH
AVERAGEMONTHLYRETURNS
TIMES(↑) TIMES (↓)
AVERAGEDAILY
VOLUME(*)
AVERAGEDAILY
VOLATILITYJANUARY -0.38% 9 6 214,659 1.143%FEBRUARY -0.15% 8 7 218,962 1.038%MARCH 0.32% 8 7 210,268 1.153%APRIL 1.38% 12 3 186,982 1.075%MAY -0.62% 6 9 158,749 1.163%JUNE 0.84% 10 5 135,646 1.173%JULY 0.17% 7 8 210,227 1.035%AUGUST -0.62% 6 9 186,256 1.168%SEPTEMBER 0.02% 8 7 101,983 1.216%OCTOBER 0.59% 11 4 138,134 1.289%NOVEMBER 0.39% 10 5 192,050 1.200%DECEMBER 2.05% 9 5 168,953 1.003% (*) Average Daily Volume in Million USD (presented only as a monthly comparison measure)
◙ Best Months to Trade the NZDUSD:
(↑)-LONG TRADES
According to data during 2000-2014 the best months to go long on NZDUSD are:→ DECEMBER, with positive average returns +2.05%→ APRIL, with positive average returns +1.38%→ JUNE, with positive average returns +0.84%
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 25 / 52
(↓)-SHORT TRADES
According to 2000-2014 data the best months to go short on NZDUSD are:→ AUGUST, with negative average returns -0.62%→ MAY, with negative average returns -0.62%→ JANUARY, with negative average returns -0.38%
◙ NZDUSD Monthly Statistics Chart:This is the NZDUSD Monthly Performance Chart.
Chart: NZDUSD Average Returns (%) per Calendar Month
-The Blue Line corresponds to the average NZDUSD returns for each calendarmonth.-The Green Line corresponds to the number of Bullish (↑) and Bearish (↓) calendarmonths: For drawing the Green Line, the following formula was applied:● {{((NNuummbbeerr ooff BBuulllliisshh MMoonntthhss –– NNuummbbeerr ooff BBeeaarriisshh MMoonntthhss)) // TToottaall NNuummbbeerr ooff PPeerriiooddss}} // 110000
◙ Most Volatile Days of the Week to Trade the NZDUSDThese are the most volatile days to trade NZDUSD based on the average pip rangeof each day of the week.
Monday Tuesday Wednesday Thursday Friday80 pips 100 pips 85 pips 100 pips 95 pips
◙ Best Intraday Times to Trade the NZDUSD:In general, the best time to trade NZDUSD is during the Asian session.
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 26 / 52
◙ Forex Brokers and NZDUSD TradingThese are some NZDUSD Forex Brokers. Only ForexBroker Inc welcomes US traders.
► Go to Central Index
FOREX BROKER NZDUSDSPREADS
NZDUSDSWAPS PLATFORMS ACCOUNT INFORMATION
HOTFOREX
REGULATED BY:
FCA UK, CySEC, MiFID
US TRADERS: NO
NZDUSDSPREADS:
3.2 pips fixed
COMMISSIONS: NO
LONG (↑) :
$ +0.35
SHORT (↓) :
$ -1.27
□ MetaTrader4
□ WebTrader
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit HotForex
REVIEW:
► Review
FOREX BROKER INC.
REGULATED: MiFID (EU)
US TRADERS: YES
US AND JAPANONLY
SPREADS:
3.4 pips
COMMISSIONS: NO
LONG (↑) :
$ +0.37
SHORT (↓) :
$ -1.33
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$10 MinimumDeposit
WELCOMEBONUS:
100% (US ONLY)
WEB-SITE:
► Visit (Only US)
REVIEW:
► Review
XEMARKETS
REGULATED: FSA UK,CySEC, ASIC, MiFID
US TRADERS: NO
NZDUSDSPREADS:
3.0 pips
COMMISSIONS: NO
LONG (↑) :
$ +0.55
SHORT (↓) :
$ -1.02
□ Web Trader
□ MirrorTrader
□ MetaTrader4
SCALPING: YES
$50 minimumdeposit
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit XM
REVIEW:
► Review
FXCC
REGULATED: FCA UK
US TRADERS: NO
NZDUSDSPREADS:
2.5 pips typical
COMMISSIONS: NO
LONG (↑) :
$ (N/A)
SHORT (↓) :
$ (N/A)
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30-100%
WEB-SITE:
► Visit FXCC
REVIEW:
► Review
HYMARKETS
REGULATED: FCA UK
US TRADERS: NO
NZDUSDSPREADS:
4.4 pips fixed
COMMISSIONS: NO
LONG (↑) :
+ 2.500%
SHORT (↓) :
-4.500%
□ MetaTrader4
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
10%
WEB-SITE:
► Visit HY
REVIEW:
► Review
AVATRADE
REGULATED: ASIC, BVI
US TRADERS: NO
NZDUSDSPREADS:
5.0 pips
COMMISSIONS: NO
LONG (↑) :
+2.359%
SHORT (↓) :
-4.559%
□ MetaTrader4
□ WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30%
WEB-SITE:
► Visit Ava
REVIEW:
► Review
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 27 / 52
Chapter-8: EURGBP STATISTICSThe European Currency (Euro) against the British Pound Sterling
CENTRAL BANK ECB BoEFOREIGN CURRENCY RESERVES 51.373 Million USD 10.135 Million USD
◙ Preface:EURGBP is a Euro cross and one of the 8 most traded currency pairs in the world.EURGBP is considered the 8th Major by many Forex traders. Statistically, EURGBP iscorrelated to the EURUSD.
◙ EURGBP Monthly Statistics:12/31/1999: 0.621512/31/2014: 0.7764These are the monthly average returns of EURGBP based on 15 years of daily data.
CALENDARMONTH
AVERAGEMONTHLYRETURNS
TIMES(↑)
TIMES(↓)
AVERAGEDAILY
VOLUME(*)
AVERAGEDAILY
VOLATILITYJANUARY -0.79% 4 11 441,865 0.770%FEBRUARY 0.79% 10 5 402,792 0.752%MARCH 0.57% 10 5 391,755 0.695%APRIL -0.66% 7 8 348,287 0.662%MAY -0.13% 5 10 315,496 0.724%JUNE -0.29% 9 6 289,426 0.700%JULY -0.32% 8 7 396,883 0.620%AUGUST 0.51% 8 7 400,640 0.620%SEPTEMBER 0.12% 7 8 288,438 0.682%OCTOBER -0.39% 6 9 304,381 0.730%NOVEMBER 0.99% 11 4 417,850 0.701%DECEMBER 1.34% 11 4 387,443 0.696% (*) Average Daily Volume in Million USD (presented only as a monthly comparison measure)
◙ Best Months to Trade the EURGBP:
(↑)-LONG TRADES
According to data during 2000-2014 the best months to go long on EURGBP are:→ DECEMBER, with positive average returns +1.34%→ NOVEMBER, with positive average returns +0.99%→ FEBRUARY, with positive average returns +0.79%
(↓)-SHORT TRADES
According to 2000-2014 data the best months to go short on EURGBP are:→ JANUARY, with negative average returns -0.79%→ APRIL, with negative average returns -0.66%→ OCTOBER, with negative average returns -0.39%
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 28 / 52
◙ EURGBP Monthly Statistics Chart:This is the EURGBP Monthly Performance Chart.
Chart: EURGBP Average Returns (%) per Calendar Month
-The Blue Line corresponds to the average EURGBP returns for each calendar month.-The Green Line corresponds to the number of Bullish (↑) and Bearish (↓) calendarmonths: For drawing the Green Line, the following formula was applied:● {{((NNuummbbeerr ooff BBuulllliisshh MMoonntthhss –– NNuummbbeerr ooff BBeeaarriisshh MMoonntthhss)) // TToottaall NNuummbbeerr ooff PPeerriiooddss}} // 110000
◙ Most Volatile Days of the Week to Trade the EURGBPThese are the most volatile days to trade EURGBP based on the average pip range ofeach day of the week.
Monday Tuesday Wednesday Thursday Friday75 pips 85 pips 80 pips 75 pips 90 pips
◙ Best Intraday Times to Trade the EURGBP:In general, the best time to trade EURGBP is during the London session, andespecially from 8:00 GMT to 16.00 GMT.
Graph: Forex Markets Hours GMT (Eastern Time = GMT - 05:00)
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 29 / 52
◙ Forex Brokers and EURGBP TradingThese are some EURGBP Forex Brokers. Only ForexBroker Inc welcomes US traders.
► Go to Central Index
FOREX BROKER EURGBPSPREADS
EURGBPSWAPS PLATFORMS ACCOUNT INFORMATION
HOTFOREX
REGULATED BY:
FCA UK, CySEC, MiFID
US TRADERS: NO
EURGBPSPREADS:
2.2 pips Fixed
COMMISSIONS: NO
LONG (↑) :
$ -0.30
SHORT (↓) :
$ -0.10
□ MetaTrader4
□ WebTrader
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit HotForex
REVIEW:
► Review
XEMARKETS
REGULATED: FSA UK,CySEC, ASIC, MiFID
US TRADERS: NO
EURGBPSPREADS:
2.2 pips
COMMISSIONS: NO
LONG (↑) :
$ -0.36
SHORT (↓) :
$ -0.04
□ Web Trader
□ MirrorTrader
□ MetaTrader4
SCALPING: YES
$50 minimumdeposit
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit XM
REVIEW:
► Review
FXCC
REGULATED: FCA UK
US TRADERS: NO
EURGBPSPREADS:
2.1 pips typical
COMMISSIONS: NO
LONG (↑) :
$ (N/A)
SHORT (↓) :
$ (N/A)
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30-100%
WEB-SITE:
► Visit FXCC
REVIEW:
► Review
HYMARKETS
REGULATED: FCA UK
US TRADERS: NO
EURGBPSPREADS:
2.8 pips fixed
COMMISSIONS: NO
LONG (↑) :
-2.000%
SHORT (↓) :
-1.000%
□ MetaTrader4
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
10%
WEB-SITE:
► Visit HY
REVIEW:
► Review
AVATRADE
REGULATED: ASIC, BVI
US TRADERS: NO
EURGBPSPREADS:
3.0 pips
COMMISSIONS: NO
LONG (↑) :
-1.526%
SHORT (↓) :
-0.474%
□ MetaTrader4
□ WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30%
WEB-SITE:
► Visit Ava
REVIEW:
► Review
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 30 / 52
Chapter-9: EURCHF STATISTICSThe European Currency (Euro) against the Swiss Franc
CENTRAL BANK ECB SNBFOREIGN CURRENCY RESERVES 51.373 Million USD 479.947 Million USD
◙ Preface:EURCHF is an important exchange rate as it incorporates two of the most valuablecurrencies in the world. Euro is the second most traded currency worldwide after theUS Dollar. From the other hand, the Swiss Franc is considered a ‘Safe Heaven’ forcurrency investors and also a major Reserve Currency for all central banks. TheSwiss Franc was linked to the Euro until early 2015. The decision of the SwissNational bank to unlock the Swiss Franc caused one of the most volatile days in theForex Market’s history.
◙ EURCHF Monthly Statistics:12/31/1999: 1.600012/31/2014: 1.2028
These are the monthly average returns of EURCHF based on 15 years of daily data.
CALENDARMONTH
AVERAGEMONTHLYRETURNS
TIMES(↑)
TIMES(↓)
AVERAGEDAILY
VOLUME(*)
AVERAGEDAILY
VOLATILITYJANUARY 0.37% 8 7 322,407 0.498%FEBRUARY -0.44% 4 11 278,798 0.412%MARCH -0.01% 7 8 306,490 0.441%APRIL 0.23% 7 8 292,531 0.400%MAY -0.31% 7 8 272,009 0.434%JUNE -0.49% 6 9 283,579 0.453%JULY -0.27% 8 7 296,170 0.434%AUGUST -0.34% 6 9 335,651 0.529%SEPTEMBER 0.33% 8 7 307,108 0.508%OCTOBER -0.75% 7 8 727,076 0.449%NOVEMBER -0.25% 6 9 372,434 0.427%DECEMBER -0.51% 7 8 276,934 0.446% (*) Average Daily Volume in Million USD (presented only as a monthly comparison measure)
◙ Best Months to Trade the EURCHF:
(↑)-LONG TRADES
According to data during 2000-2014 the best months to go long on EURCHF are:→ JANUARY, with positive average returns +0.37%→ SEPTEMBER, with positive average returns +0.33%→ APRIL, with positive average returns +0.23%
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 31 / 52
(↓)-SHORT TRADES
According to 2000-2014 data the best months to go short on EURCHF are:→ OCTOBER, with negative average returns -0.75%→ DECEMBER, with negative average returns -0.51%→ JUNE, with negative average returns -0.49%
◙ EURCHF Monthly Statistics Chart:This is the EURCHF Monthly Performance Chart.
Chart: EURCHF Average Returns (%) per Calendar Month
-The Blue Line corresponds to the average EURCHF returns for each calendar month.-The Green Line corresponds to the number of Bullish (↑) and Bearish (↓) calendarmonths: For drawing the Green Line, the following formula was applied:● {{((NNuummbbeerr ooff BBuulllliisshh MMoonntthhss –– NNuummbbeerr ooff BBeeaarriisshh MMoonntthhss)) // TToottaall NNuummbbeerr ooff PPeerriiooddss}} // 110000
◙ Most Volatile Days of the Week to Trade the EURCHFThese are the most volatile days to trade EURCHF based on the average pip range ofeach day of the week.
Monday Tuesday Wednesday Thursday Friday55 pips 55 pips 65 pips 85 pips 75 pips
◙ Best Intraday Times to Trade the EURCHF:In general, the best time to trade EURCHF is during the London session, but duringalso the US Session EURCHF shows significant activity.
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 32 / 52
◙ Forex Brokers and EURCHF TradingThese are some EURCHF Forex Brokers. Only ForexBroker Inc welcomes US traders.
► Go to Central Index
FOREX BROKER EURCHFSPREADS
EURCHFSWAPS PLATFORMS ACCOUNT INFORMATION
HOTFOREX
REGULATED BY:
FCA UK, CySEC, MiFID
US TRADERS: NO
EURCHFSPREADS:
2.9 pip fixed
COMMISSIONS: NO
LONG (↑) :
$ -0.25
SHORT (↓) :
$ -0.16
□ MetaTrader4
□ WebTrader
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit HotForex
REVIEW:
► Review
FOREX BROKER INC.
REGULATED: MiFID (EU)
US TRADERS: YES
US AND JAPANONLY
SPREADS:
3.5 pips
COMMISSIONS: NO
LONG (↑) :
$ -0.09
SHORT (↓) :
$ -0.19
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$10 MinimumDeposit
WELCOMEBONUS:
100% (US ONLY)
WEB-SITE:
► Visit (Only USand Japan)
REVIEW:
► Review
XEMARKETS
REGULATED: FSA UK,CySEC, ASIC, MiFID
US TRADERS: NO
EURCHFSPREADS:
3.0 pips
COMMISSIONS: NO
LONG (↑) :
$ -0.43
SHORT (↓) :
$ -1.65
□ Web Trader
□ MirrorTrader
□ MetaTrader4
SCALPING: YES
$50 minimumdeposit
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit XM
REVIEW:
► Review
FXCC
REGULATED: FCA UK
US TRADERS: NO
EURCHFSPREADS:
3.0 pips typical
COMMISSIONS: NO
LONG (↑) :
$ (N/A)
SHORT (↓) :
$ (N/A)
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30-100%
WEB-SITE:
► Visit FXCC
REVIEW:
► Review
HYMARKETS
REGULATED: FCA UK
US TRADERS: NO
EURCHFSPREADS:
4.2 pips fixed
COMMISSIONS: NO
LONG (↑) :
-1.900%
SHORT (↓) :
-1.900%
□ MetaTrader4
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
10%
WEB-SITE:
► Visit HY
REVIEW:
► Review
AVATRADE
REGULATED: ASIC, BVI
US TRADERS: NO
EURCHFSPREADS:
4.0 pips fixed
COMMISSIONS: NO
LONG (↑) :
-0.644%
SHORT (↓) :
-1.356%
□ MetaTrader4
□ WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30%
WEB-SITE:
► Visit Ava
REVIEW:
► Review
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 33 / 52
Chapter-10: EURJPY STATISTICSThe European Currency (Euro) against the Japanese Yen –Nickname Euppy
CENTRAL BANK ECB BoJFOREIGN CURRENCY RESERVES 51.373 Million USD 1.199.651 Million USD
◙ Preface:EURJPY is one of the most liquid Euro crosses as it combines the popularity of Eurowith the exporting excellence of the Japanese economy. EURJPY is a very volatileForex pair offered by Forex brokers in narrow spreads. The combination of tightspreads and daily volatility makes EURJPY ideal for Forex trading. The Yen is atraditionally low-yielding currency and that makes it suitable for carry traders whosell the Japanese Yen and buy higher-yielding currencies, such is NZD and AUD.
◙ EURJPY Monthly Statistics:12/31/1999: 102.9012/31/2014: 144.77These are the monthly average returns of EURJPY based on 15 years of daily data.
CALENDARMONTH
AVERAGEMONTHLYRETURNS
TIMES(↑)
TIMES(↓)
AVERAGEDAILY
VOLUME(*)
AVERAGEDAILY
VOLATILITYJANUARY -0.56% 8 7 501,927 1.127%FEBRUARY 0.67% 8 7 459,617 1.074%MARCH 1.19% 11 4 453,546 1.093%APRIL 0.84% 9 6 422,271 1.019%MAY -1.21% 9 6 396,159 1.054%JUNE 0.70% 10 5 379,554 0.974%JULY -0.29% 7 8 519,124 0.880%AUGUST -1.77% 3 12 508,253 0.938%SEPTEMBER 0.64% 10 5 340,675 1.017%OCTOBER -1.07% 8 7 316,007 1.079%NOVEMBER 0.88% 10 5 458,382 1.050%DECEMBER 2.74% 11 4 442,648 0.882% (*) Average Daily Volume in Million USD (presented only as a monthly comparison measure)
◙ Best Months to Trade the EURJPY:
(↑)-LONG TRADES
According to data during 2000-2014 the best months to go long on EURJPY are:→ DECEMBER, with positive average returns +2.74%→ MARCH, with positive average returns +1.19%→ NOVEMBER, with positive average returns +0.88%
(↓)-SHORT TRADES
According to 2000-2014 data the best months to go short on EURJPY are:
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 34 / 52
→ AUGUST, with negative average returns -1.77%→ MAY, with negative average returns -1.21%→ OCTOBER, with negative average returns -1.07%
◙ EURJPY Monthly Statistics Chart:This is the EURJPY Monthly Performance Chart.Chart: EURJPY Average Returns (%) per Calendar Month
-The Blue Line corresponds to the average EURJPY returns for each calendar month.-The Green Line corresponds to the number of Bullish (↑) and Bearish (↓) calendarmonths: For drawing the Green Line, the following formula was applied:● {{((NNuummbbeerr ooff BBuulllliisshh MMoonntthhss –– NNuummbbeerr ooff BBeeaarriisshh MMoonntthhss)) // TToottaall NNuummbbeerr ooff PPeerriiooddss}} // 110000
◙ Most Volatile Days of the Week to Trade the EURJPYThese are the most volatile days to trade EURJPY based on the average pip range ofeach day of the week.
Monday Tuesday Wednesday Thursday Friday135 pips 180 pips 160 pips 225 pips 190 pips
◙ Best Intraday Times to Trade the EURJPY:In general, the best time to trade EURJPY is between 06:00 GMT and 16:00 GMT.
Graph: Forex Markets Hours GMT (Eastern Time = GMT - 05:00)
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 35 / 52
◙ Forex Brokers and EURJPY TradingThese are some EURJPY Forex Brokers. Only ForexBroker Inc welcomes US traders.
► Go to Central Index
FOREX BROKER EURJPYSPREADS
EURJPYSWAPS PLATFORMS ACCOUNT INFORMATION
HOTFOREX
REGULATED BY:
FCA UK, CySEC, MiFID
US TRADERS: NO
EURJPYSPREADS:
2.3 pips Fixed
COMMISSIONS: NO
LONG (↑) :
$ -0.24
SHORT (↓) :
$ -0.15
□ MetaTrader4
□ WebTrader
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit HotForex
REVIEW:
► Review
FOREX BROKER INC.
REGULATED: MiFID (EU)
US TRADERS: YES
US AND JAPANONLY
SPREADS:
2.9 pips
COMMISSIONS: NO
LONG (↑) :
$ -0.20
SHORT (↓) :
$ -0.30
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$10 MinimumDeposit
WELCOMEBONUS:
100% (US ONLY)
WEB-SITE:
► Visit (Only US &Japanese Traders)
REVIEW:
► Review
XEMARKETS
REGULATED: FSA UK,CySEC, ASIC, MiFID
US TRADERS: NO
EURJPYSPREADS:
2.7 pips
COMMISSIONS: NO
LONG (↑) :
$ -0.37
SHORT (↓) :
$ -0.38
□ Web Trader
□ MirrorTrader
□ MetaTrader4
SCALPING: YES
$50 minimumdeposit
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit XM
REVIEW:
► Review
FXCC
REGULATED: FCA UK
US TRADERS: NO
EURJPYSPREADS:
2.1 pips typical
COMMISSIONS: NO
LONG (↑) :
$ (N/A)
SHORT (↓) :
$ (N/A)
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30-100%
WEB-SITE:
► Visit FXCC
REVIEW:
► Review
HYMARKETS
REGULATED: FCA UK
US TRADERS: NO
EURJPYSPREADS:
3.8 pips fixed
COMMISSIONS: NO
LONG (↑) :
- 1.500%
SHORT (↓) :
- 1.500%
□ MetaTrader4
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
10%
WEB-SITE:
► Visit HY
REVIEW:
► Review
AVATRADE
REGULATED: ASIC, BVI
US TRADERS: NO
EURJPYSPREADS:
4.0 pips fixed
COMMISSIONS: NO
LONG (↑) :
- 1.097%
SHORT (↓) :
- 0.902%
□ MetaTrader4
□ WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30%
WEB-SITE:
► Visit Ava
REVIEW:
► Review
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 36 / 52
Chapter-11: EURCAD STATISTICSThe European Currency (Euro) against the Canadian Dollar
CENTRAL BANK ECB BoCFOREIGN CURRENCY RESERVES 51.373 Million USD 62.756 Million USD
◙ Preface:EURCAD is a relative liquid Forex pair. The Canadian economy is highly linked to theUS economy and that creates a positive correlation between EURCAD and EURUSD.Note that 85% of all Canadian exports are going to the United States and about 50%of all Canadian imports are coming from the United States. The CAD is alsoconsidered a commodity currency.
◙ EURCAD Monthly Statistics:12/31/1999: 1.455112/31/2014: 1.4054
These are the monthly average returns of EURCAD based on 15 years of daily data.
CALENDARMONTH
AVERAGEMONTHLYRETURNS
TIMES(↑)
TIMES(↓)
AVERAGEDAILY
VOLUME(*)
AVERAGEDAILY
VOLATILITYJANUARY -0.60% 6 9 255,926 1.052%FEBRUARY 0.03% 9 6 231,331 0.952%MARCH 0.16% 7 8 265,428 0.919%APRIL -0.52% 5 10 232,677 0.903%MAY -1.51% 6 9 238,430 0.900%JUNE 0.64% 10 5 240,974 0.892%JULY -0.09% 8 7 295,350 0.900%AUGUST -0.43% 6 9 278,010 0.866%SEPTEMBER 0.10% 8 7 193,056 0.962%OCTOBER 0.09% 9 6 230,926 0.947%NOVEMBER 0.41% 9 6 249,110 1.004%DECEMBER 1.60% 10 5 238,134 0.952% (*) Average Daily Volume in Million USD (presented only as a monthly comparison measure)
◙ Best Months to Trade the EURCAD:
(↑)-LONG TRADES
According to data during 2000-2014 the best months to go long on EURCAD are:→ DECEMBER, with positive average returns +1.60%→ JUNE, with positive average returns +0.64%→ NOVEMBER, with positive average returns +0.41%
(↓)-SHORT TRADES
According to 2000-2014 data the best months to go short on EURCAD are:
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 37 / 52
→ MAY, with negative average returns -1.51%→ JANUARY, with negative average returns -0.60%→ APRIL with negative average returns -0.52%
◙ EURCAD Monthly Statistics Chart:This is the EURCAD Monthly Performance Chart.
Chart: EURCAD Average Returns (%) per Calendar Month
-The Blue Line corresponds to the average EURCAD returns for each calendar month.-The Green Line corresponds to the number of Bullish (↑) and Bearish (↓) calendarmonths: For drawing the Green Line, the following formula was applied:● {{((NNuummbbeerr ooff BBuulllliisshh MMoonntthhss –– NNuummbbeerr ooff BBeeaarriisshh MMoonntthhss)) // TToottaall NNuummbbeerr ooff PPeerriiooddss}} // 110000
◙ Most Volatile Days of the Week to Trade the EURCADThe most volatile days to trade EURCAD based on the average pip range areTuesday, Wednesday and Thursday.
◙ Best Intraday Times to Trade the EURCAD:In general, the best times to trade EURCAD is during the European and the Americansessions.
Graph: Forex Markets Hours GMT (Eastern Time = GMT - 05:00)
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 38 / 52
◙ Forex Brokers and EURCAD TradingThese are some EURCAD Forex Brokers. Only ForexBroker Inc welcomes US traders.
► Go to Central Index
FOREX BROKER EURCADSPREADS
EURCADSWAPS PLATFORMS ACCOUNT INFORMATION
HOTFOREX
REGULATED BY:
FCA UK, CySEC, MiFID
US TRADERS: NO
EURCADSPREADS:
3.5 pips fixed
COMMISSIONS: NO
LONG (↑) :
$ -0.69
SHORT (↓) :
$ +0.12
□ MetaTrader4
□ WebTrader
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit HotForex
REVIEW:
► Review
FOREX BROKER INC.
REGULATED: MiFID (EU)
US TRADERS: YES
US AND JAPANONLY
SPREADS:
4-7 pips variable
COMMISSIONS: NO
LONG (↑) :
$ -0.72
SHORT (↓) :
$ +0.128
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$10 MinimumDeposit
WELCOMEBONUS:
100% (US ONLY)
WEB-SITE:
► Visit (Only USand Japan)
REVIEW:
► Review
XEMARKETS
REGULATED: FSA UK,CySEC, ASIC, MiFID
US TRADERS: NO
EURCADSPREADS:
5.0 pips
COMMISSIONS: NO
LONG (↑) :
$ -0.73
SHORT (↓) :
$ +0.10
□ Web Trader
□ MirrorTrader
□ MetaTrader4
SCALPING: YES
$50 minimumdeposit
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit XM
REVIEW:
► Review
FXCC
REGULATED: FCA UK
US TRADERS: NO
EURCADSPREADS:
3.6 pips typical
COMMISSIONS: NO
LONG (↑) :
$ (N/A)
SHORT (↓) :
$ (N/A)
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30-100%
WEB-SITE:
► Visit FXCC
REVIEW:
► Review
HYMARKETS
REGULATED: FCA UK
US TRADERS: NO
EURCADSPREADS:
7.8 pips fixed
COMMISSIONS: NO
LONG (↑) :
- 2.500%
SHORT (↓) :
- 0.500%
□ MetaTrader4
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
10%
WEB-SITE:
► Visit HY
REVIEW:
► Review
AVATRADE
REGULATED: ASIC, BVI
US TRADERS: NO
SPREADS:
5.0-7.1 pipsfloating
COMMISSIONS: NO
LONG (↑) :
- 2.400%
SHORT (↓) :
- 0.249%
□ MetaTrader4
□ WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30%
WEB-SITE:
► Visit Ava
REVIEW:
► Review
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 39 / 52
Chapter-12: EURAUD STATISTICSThe European Currency (Euro) against the Australian Dollar
CENTRAL BANK ECB RBAFOREIGN CURRENCY RESERVES 51.373 Million USD 42.490 Million USD
◙ Preface:EURAUD is a very volatile Forex pair with an average daily range of about 250 pips.Traditionally EURAUD is highly correlated to EURNZD.
◙ EURAUD Monthly Statistics:12/31/1999: 1.535612/31/2014: 1.4804
These are the monthly average returns of EURAUD based on 15 years of daily data.
CALENDARMONTH
AVERAGEMONTHLYRETURNS
TIMES(↑)
TIMES(↓)
AVERAGEDAILY
VOLUME(*)
AVERAGEDAILY
VOLATILITYJANUARY -0.58% 6 9 329,856 0.976%FEBRUARY -0.43% 4 11 321,244 0.918%MARCH 0.19% 7 8 336,860 0.959%APRIL -1.07% 4 11 295,974 0.883%MAY 0.27% 7 8 263,940 0.918%JUNE -0.09% 7 8 265,601 0.935%JULY -0.22% 7 8 339,997 0.913%AUGUST 0.54% 8 7 347,269 0.907%SEPTEMBER 1.04% 9 6 276,690 0.992%OCTOBER -0.91% 4 11 297,400 1.091%NOVEMBER 0.62% 8 7 316,163 1.020%DECEMBER 0.85% 11 4 289,347 0.863% (*) Average Daily Volume in Million USD (presented only as a monthly comparison measure)
◙ Best Months to Trade the EURAUD:
(↑)-LONG TRADES
According to data during 2000-2014 the best months to go long on EURAUD are:→ SEPTEMBER, with positive average returns +1.04%→ DECEMBER, with positive average returns +0.85%→ NOVEMBER, with positive average returns +0.62%
(↓)-SHORT TRADES
According to 2000-2014 data the best months to go short on EURAUD are:→ APRIL, with negative average returns -1.07%→ OCTOBER, with negative average returns -0.91%→ JANUARY, with negative average returns -0.58%
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 40 / 52
◙ EURAUD Monthly Statistics Chart:This is the EURAUD Monthly Performance Chart.
Chart: EURAUD Average Returns (%) per Calendar Month
-The Blue Line corresponds to the average EURAUD returns for each calendar month.-The Green Line corresponds to the number of Bullish (↑) and Bearish (↓) calendarmonths: For drawing the Green Line, the following formula was applied:● {{((NNuummbbeerr ooff BBuulllliisshh MMoonntthhss –– NNuummbbeerr ooff BBeeaarriisshh MMoonntthhss)) // TToottaall NNuummbbeerr ooff PPeerriiooddss}} // 110000
◙ Most Volatile Days of the Week to Trade the EURAUDThe most volatile days to trade EURAUD are Tuesday, Wednesday, Thursday andFriday.
◙ Best Intraday Times to Trade the EURAUD:-In general, the best time to trade EURAUD is during the Asian session (economicevents) and during the London session.
Graph: Forex Markets Hours GMT (Eastern Time = GMT - 05:00)
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 41 / 52
◙ Forex Brokers and EURAUD TradingThese are some EURAUD Forex Brokers. Only ForexBroker Inc welcomes US traders.
► Go to Central Index
FOREX BROKER EURAUDSPREADS
EURAUDSWAPS PLATFORMS ACCOUNT INFORMATION
HOTFOREX
REGULATED BY:
FCA UK, CySEC, MiFID
US TRADERS: NO
EURAUDSPREADS:
3.4 pips fixed
COMMISSIONS: NO
LONG (↑) :
$ -1.45
SHORT (↓) :
$ +0.10
□ MetaTrader4
□ WebTrader
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit HotForex
REVIEW:
► Review
FOREX BROKER INC.
REGULATED: MiFID (EU)
US TRADERS: YES
US AND JAPAN
SPREADS:
Variable
3.5-6.5 pips
COMMISSIONS: NO
LONG (↑) :
$ -1.64
SHORT (↓) :
$ +0.54
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$10 MinimumDeposit
WELCOMEBONUS:
100% (US ONLY)
WEB-SITE:
► Visit (Only USand Japan)
REVIEW:
► Review
XEMARKETS
REGULATED: FSA UK,CySEC, ASIC, MiFID
US TRADERS: NO
EURAUDSPREADS:
4.5 pips
COMMISSIONS: NO
LONG (↑) :
$ -1.64
SHORT (↓) :
$ +0.85
□ Web Trader
□ MirrorTrader
□ MetaTrader4
SCALPING: YES
$50 minimumdeposit
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit XM
REVIEW:
► Review
FXCC
REGULATED: FCA UK
US TRADERS: NO
EURAUDSPREADS:
3.2 pips typical
COMMISSIONS: NO
LONG (↑) :
$ (N/A)
SHORT (↓) :
$ (N/A)
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30-100%
WEB-SITE:
► Visit FXCC
REVIEW:
► Review
HYMARKETS
REGULATED: FCA UK
US TRADERS: NO
EURAUDSPREADS:
6.2 pips fixed
COMMISSIONS: NO
LONG (↑) :
-4.000%
SHORT (↓) :
+1.000%
□ MetaTrader4
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
10%
WEB-SITE:
► Visit HY
REVIEW:
► Review
AVATRADE
REGULATED: ASIC, BVI
US TRADERS: NO
EURAUDSPREADS:
8.0 pips fixed
COMMISSIONS: NO
LONG (↑) :
-4.130%
SHORT (↓) :
+1.980%
□ MetaTrader4
□ WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30%
WEB-SITE:
► Visit Ava
REVIEW:
► Review
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 42 / 52
Chapter-13: EURNZD STATISTICSThe European Currency (Euro) against the New Zealand Dollar
CENTRAL BANK ECB RBNZFOREIGN CURRENCY RESERVES 51.373 Million USD 14.088 Million USD
◙ Preface:The New Zealand Dollar is the official currency of New Zealand, Cook Islands,Tokelau, Niue, and Pitcairn Islands. EURNZD is a volatile currency that should betraded with caution and by using limited capital leverage. The average daily piprange is about 230 pips. EURNZD is positive correlated to the EURAUD but it isn’t asequally liquid. The New Zealand Dollar is a raw material currency.
◙ EURNZD Monthly Statistics:12/31/1999: 1.934912/31/2014: 1.5507
These are the monthly average returns of EURNZD based on 15 years of daily data.
CALENDARMONTH
AVERAGEMONTHLYRETURNS
TIMES(↑)
TIMES(↓)
AVERAGEDAILY
VOLUME(*)
AVERAGEDAILY
VOLATILITYJANUARY -0.42% 6 9 34,761 1.211%FEBRUARY 0.06% 7 8 36,202 1.074%MARCH 0.21% 8 7 33,101 1.186%APRIL -0.64% 6 9 30,847 1.025%MAY 0.10% 6 9 42,437 1.111%JUNE -0.18% 6 9 46,322 1.100%JULY -0.13% 8 7 40,846 0.994%AUGUST 0.22% 6 9 40,502 1.024%SEPTEMBER 0.73% 8 7 34,603 1.194%OCTOBER -1.00% 5 10 34,414 1.116%NOVEMBER 0.12% 7 8 41,682 1.190%DECEMBER -0.36% 8 7 35,423 1.158% (*) Average Daily Volume in Million USD (presented only as a monthly comparison measure)
◙ Best Months to Trade the EURNZD:
(↑)-LONG TRADES
According to data during 2000-2014 the best months to go long on EURNZD are:→ SEPTEMBER, with positive average returns +0.73%→ AUGUST, with positive average returns +0.22%→ MARCH, with positive average returns +0.21%
(↓)-SHORT TRADES
According to 2000-2014 data the best months to go short on EURNZD are:
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 43 / 52
→ OCTOBER, with negative average returns -1.00%→ APRIL, with negative average returns -0.64%→ JANUARY, with negative average returns -0.42%
◙ EURNZD Monthly Statistics Chart:This is the EURNZD Monthly Performance Chart.
Chart: EURNZD Average Returns (%) per Calendar Month
-The Blue Line corresponds to the average EURNZD returns for each calendar month.-The Green Line corresponds to the number of Bullish (↑) and Bearish (↓) calendarmonths: For drawing the Green Line, the following formula was applied:● {{((NNuummbbeerr ooff BBuulllliisshh MMoonntthhss –– NNuummbbeerr ooff BBeeaarriisshh MMoonntthhss)) // TToottaall NNuummbbeerr ooff PPeerriiooddss}} // 110000
◙ Most Volatile Days of the Week to Trade the EURNZDThe best days to trade EURNZD are Thursday and Tuesday.
◙ Best Intraday Times to Trade the EURNZD:In general, the best time to trade EURNZD is between 06:00 GMT to 14:00 GMT.
Graph: Forex Markets Hours GMT (Eastern Time = GMT - 05:00)
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 44 / 52
◙ Forex Brokers and EURNZD TradingThese are some EURNZD Forex Brokers. Only ForexBroker Inc welcomes US traders.
► Go to Central Index
FOREX BROKER EURNZDSPREADS
EURNZDSWAPS PLATFORMS ACCOUNT INFORMATION
HOTFOREX
REGULATED BY:
FCA UK, CySEC, MiFID
US TRADERS: NO
EURNZDSPREADS:
5.1 pips fixed
COMMISSIONS: NO
LONG (↑) :
$ -2.02
SHORT (↓) :
$ +0.76
□ MetaTrader4
□ WebTrader
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit HotForex
REVIEW:
► Review
FOREX BROKER INC.
REGULATED: MiFID (EU)
US TRADERS: YES
EURNZDSPREADS:
7.5 pips
COMMISSIONS: NO
LONG (↑) :
$ -2.46
SHORT (↓) :
$ +0.76
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$10 MinimumDeposit
WELCOMEBONUS:
100% (US ONLY)
WEB-SITE:
► Visit (Only USand Japan)
REVIEW:
► Review
XEMARKETS
REGULATED: FSA UK,CySEC, ASIC, MiFID
US TRADERS: NO
EURNZDSPREADS:
8.2 pips
COMMISSIONS: NO
LONG (↑) :
$ -2.08
SHORT (↓) :
$ +0.12
□ Web Trader
□ MirrorTrader
□ MetaTrader4
SCALPING: YES
$50 minimumdeposit
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit XM
REVIEW:
► Review
FXCC
REGULATED: FCA UK
US TRADERS: NO
EURNZDSPREADS:
5.0 pips typicalfloating
COMMISSIONS: NO
LONG (↑) :
$ (N/A)
SHORT (↓) :
$ (N/A)
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30-100%
WEB-SITE:
► Visit FXCC
REVIEW:
► Review
HYMARKETS
REGULATED: FCA UK
US TRADERS: NO
EURNZDSPREADS:
12.6 pips fixed
COMMISSIONS: NO
LONG (↑) :
-5.000%
SHORT (↓) :
+2.000%
□ MetaTrader4
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
10%
WEB-SITE:
► Visit HY
REVIEW:
► Review
AVATRADE
REGULATED: ASIC, BVI
US TRADERS: NO
EURNZDSPREADS:
12.0 pips fixed
COMMISSIONS: NO
LONG (↑) :
-4.700%
SHORT (↓) :
+2.500%
□ MetaTrader4
□ WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30%
WEB-SITE:
► Visit Ava
REVIEW:
► Review
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 45 / 52
Chapter-14: GBPJPY STATISTICSThe British Pound Sterling against the Japanese Yen
CENTRAL BANK BoE BoJFOREIGN CURRENCY RESERVES 10.135 Million USD 1.199.651 Million USD
◙ Preface:GBPJPY is a very volatile Forex pair with an average daily pip range of more than 230pips. Beginners and semi-advanced traders should better avoid trading it. Accordingto our Monthly Average Tables, GBPJPY is positive correlated to the EURUSD.
◙ GBPJPY Monthly Statistics:12/31/1999: 164.9312/31/2014: 186.63These are the monthly average returns of based on 15 years of daily data.
CALENDARMONTH
AVERAGEMONTHLYRETURNS
TIMES(↑)
TIMES(↓)
AVERAGEDAILY
VOLUME(*)
AVERAGEDAILY
VOLATILITYJANUARY 0.24% 9 6 144,888 1.132%FEBRUARY -0.07% 8 7 137,074 1.073%MARCH 0.65% 11 4 144,098 1.131%APRIL 1.52% 11 4 145,544 1.001%MAY -1.11% 7 8 159,225 0.998%JUNE 1.03% 11 4 165,847 0.944%JULY 0.00% 7 8 156,238 0.866%AUGUST -2.21% 5 10 161,859 0.941%SEPTEMBER 0.57% 11 4 148,796 1.012%OCTOBER -0.73% 9 6 282,840 1.085%NOVEMBER -0.03% 9 6 217,858 1.037%DECEMBER 1.46% 9 6 246,771 0.917% (*) Average Daily Volume in Million USD (presented only as a monthly comparison measure)
◙ Best Months to Trade the GBPJPY:
(↑)-LONG TRADES
According to data during 2000-2014 the best months to go long on GBPJPY are:→ APRIL, with positive average returns +1.52%→ DECEMBER, with positive average returns +1.46%→ JUNE, with positive average returns +1.03%
(↓)-SHORT TRADES
According to 2000-2014 data the best months to go short on GBPJPY are:→ AUGUST, with negative average returns -2.21%→ MAY, with negative average returns -1.11%→ OCTOBER, with negative average returns -0.73%
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 46 / 52
◙ GBPJPY Monthly Statistics Chart:This is the GBPJPY Monthly Performance Chart.
Chart: GBPJPY Average Returns (%) per Calendar Month
-The Blue Line corresponds to the average GBPJPY returns for each calendar month.-The Green Line corresponds to the number of Bullish (↑) and Bearish (↓) calendarmonths: For drawing the Green Line, the following formula was applied:● {{((NNuummbbeerr ooff BBuulllliisshh MMoonntthhss –– NNuummbbeerr ooff BBeeaarriisshh MMoonntthhss)) // TToottaall NNuummbbeerr ooff PPeerriiooddss}} // 110000
◙ Most Volatile Days of the Week to Trade the GBPJPYThese are the most volatile days to trade GBPJPY based on the average pip range ofeach day of the week.
Monday Tuesday Wednesday Thursday Friday170 pips 215 pips 180 pips 270 pips 230 pips
◙ Best Intraday Times to Trade the GBPJPY:GBPJPY is more active between 7:00 GMT and 17:00 GMT and on major economicreleases during the Asian session.
Graph: Forex Markets Hours GMT (Eastern Time = GMT - 05:00)
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 47 / 52
◙ Forex Brokers and GBPJPY TradingThese are some GBPJPY Forex Brokers. Only ForexBroker Inc welcomes US traders.
► Go to Central Index
FOREX BROKER GBPJPYSPREADS
GBPJPYSWAPS PLATFORMS ACCOUNT INFORMATION
HOTFOREX
REGULATED BY:
FCA UK, CySEC, MiFID
US TRADERS: NO
GBPJPYSPREADS:
4.2 pips fixed
COMMISSIONS: NO
LONG (↑) :
$ -0.03
SHORT (↓) :
$ -0.80
□ MetaTrader4
□ WebTrader
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit HotForex
REVIEW:
► Review
FOREX BROKER INC.
REGULATED: MiFID (EU)
US TRADERS: YES
GBPJPYSPREADS:
5.0-7.0 pipsVariable
COMMISSIONS: NO
LONG (↑) :
$ -0.10
SHORT (↓) :
$ -0.62
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$10 MinimumDeposit
WELCOMEBONUS:
100% (US ONLY)
WEB-SITE:
► Visit (Only USand Japan)
REVIEW:
► Review
XEMARKETS
REGULATED: FSA UK,CySEC, ASIC, MiFID
US TRADERS: NO
GBPJPYSPREADS:
4.0 pips typical
COMMISSIONS: NO
LONG (↑) :
$ -0.14
SHORT (↓) :
$ -0.55
□ Web Trader
□ MirrorTrader
□ MetaTrader4
SCALPING: YES
$50 minimumdeposit
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit XM
REVIEW:
► Review
FXCC
REGULATED: FCA UK
US TRADERS: NO
GBPJPYSPREADS:
3.0 pips typicalfloating
COMMISSIONS: NO
LONG (↑) :
$ (N/A)
SHORT (↓) :
$ (N/A)
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30-100%
WEB-SITE:
► Visit FXCC
REVIEW:
► Review
HYMARKETS
REGULATED: FCA UK
US TRADERS: NO
GBPJPYSPREADS:
5.2 pips fixed
COMMISSIONS: NO
LONG (↑) :
-1.000%
SHORT (↓) :
-2.000%
□ MetaTrader4
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
10%
WEB-SITE:
► Visit HY
REVIEW:
► Review
AVATRADE
REGULATED: ASIC, BVI
US TRADERS: NO
GBPJPYSPREADS:
7.0 pips fixed
COMMISSIONS: NO
LONG (↑) :
-0.572%
SHORT (↓) :
-1.427%
□ MetaTrader4
□ WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30%
WEB-SITE:
► Visit Ava
REVIEW:
► Review
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 48 / 52
Chapter-15: GBPCHF STATISTICSThe British Pound Sterling against the Swiss Franc
CENTRAL BANK BoE SNBFOREIGN CURRENCY RESERVES 10.135 Million USD 479.947 Million USD
◙ Preface:GBPCHF is a low-volatility pair that fluctuates according the release of importanteconomic facts and figures. The Swiss Franc is maybe the safest currency in theworld and a major reserve currency for central banks. From the other hand, Londonis the world's largest financial center and the British Sterling is also a premier reservecurrency.
◙ GBPCHF Monthly Statistics:12/31/1999: 2.572412/31/2014: 1.5482
These are the monthly average returns of GBPCHF based on 15 years of daily data.
CALENDARMONTH
AVERAGEMONTHLYRETURNS
TIMES(↑) TIMES (↓)
AVERAGEDAILY
VOLUME(*)
AVERAGEDAILY
VOLATILITYJANUARY 1.22% 11 4 127,637 0.872%FEBRUARY -1.17% 2 13 108,896 0.810%MARCH -0.55% 5 10 113,713 0.825%APRIL 0.92% 11 4 115,693 0.733%MAY -0.15% 9 6 109,419 0.745%JUNE -0.16% 5 10 115,675 0.783%JULY 0.06% 8 7 119,698 0.716%AUGUST -0.79% 6 9 113,551 0.797%SEPTEMBER 0.24% 7 8 122,958 0.825%OCTOBER -0.33% 6 9 358,017 0.817%NOVEMBER -1.22% 5 10 126,844 0.777%DECEMBER -1.69% 5 9 103,207 0.796%
(*) Average Daily Volume in Million USD (presented only as a monthly comparison measure)
◙ Best Months to Trade the GBPCHF:
(↑)-LONG TRADES
According to data during 2000-2014 the best months to go long on GBPCHF are:→ JANUARY with positive average returns +1.22%→ APRIL, with positive average returns +0.92%→ SEPTEMBER, with positive average returns +0.24%
(↓)-SHORT TRADES
According to 2000-2014 data the best months to go short on GBPCHF are:
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 49 / 52
→ DECEMBER, with negative average returns -1.69%→ NOVEMBER, with negative average returns -1.22%→ FEBRUARY, with negative average returns -1.17%
◙ GBPCHF Monthly Statistics Chart:This is the GBPCHF Monthly Performance Chart.
Chart: GBPCHF Average Returns (%) per Calendar Month
-The Blue Line corresponds to the average GBPCHF returns for each calendar month.-The Green Line corresponds to the number of Bullish (↑) and Bearish (↓) calendarmonths: For drawing the Green Line, the following formula was applied:● {{((NNuummbbeerr ooff BBuulllliisshh MMoonntthhss –– NNuummbbeerr ooff BBeeaarriisshh MMoonntthhss)) // TToottaall NNuummbbeerr ooff PPeerriiooddss}} // 110000
◙ Most Volatile Days of the Week to Trade the GBPCHFThe best days to trade GBPCHF are Wednesday, Thursday and Friday, and especiallyThursday.
◙ Best Intraday Times to Trade the GBPCHF:The best time to trade GBPCHF is during the European session. During the USsession, GBPCHF remains also relative active.
Graph: Forex Markets Hours GMT (Eastern Time = GMT - 05:00)
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 50 / 52
◙ Forex Brokers and GBPCHF TradingThese are some GBPCHF Forex Brokers. Only ForexBroker Inc welcomes US traders.
► Go to Central Index
FOREX BROKER GBPCHFSPREADS
GBPCHFSWAPS PLATFORMS ACCOUNT INFORMATION
HOTFOREX
REGULATED BY:
FCA UK, CySEC, MiFID
US TRADERS: NO
GBPCHFSPREADS:
4.7 pips fixed
COMMISSIONS: NO
LONG (↑) :
$ -0.10
SHORT (↓) :
$ -0.62
□ MetaTrader4
□ WebTrader
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit HotForex
REVIEW:
► Review
FOREX BROKER INC.
REGULATED: MiFID (EU)
US TRADERS: YES
GBPCHFSPREADS:
Variable
4.5-7.5 pips
COMMISSIONS: NO
LONG (↑) :
$ -0.19
SHORT (↓) :
$ -0.65
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$10 MinimumDeposit
WELCOMEBONUS:
100% (US ONLY)
WEB-SITE:
► Visit (Only USand Japan)
REVIEW:
► Review
XEMARKETS
REGULATED: FSA UK,CySEC, ASIC, MiFID
US TRADERS: NO
GBPCHFSPREADS:
3.8 pips
COMMISSIONS: NO
LONG (↑) :
$ +0.19
SHORT (↓) :
$ -1.88
□ Web Trader
□ MirrorTrader
□ MetaTrader4
SCALPING: YES
$50 minimumdeposit
WELCOMEBONUS:
40-100%
WEB-SITE:
► Visit XM
REVIEW:
► Review
FXCC
REGULATED: FCA UK
US TRADERS: NO
SPREADS:
4.8 pips typicalfloating
COMMISSIONS: NO
LONG (↑) :
$ (N/A)
SHORT (↓) :
$ (N/A)
□ MetaTrader4
□ Sirix WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30-100%
WEB-SITE:
► Visit FXCC
REVIEW:
► Review
HYMARKETS
REGULATED: FCA UK
US TRADERS: NO
GBPCHFSPREADS:
6.4 pips
COMMISSIONS: NO
LONG (↑) :
-1.00%
SHORT (↓) :
-2.00%
□ MetaTrader4
SCALPING: YES
$50 MinimumDeposit Amount
WELCOMEBONUS:
10%
WEB-SITE:
► Visit HY
REVIEW:
► Review
AVATRADE
REGULATED: ASIC, BVI
US TRADERS: NO
GBPCHFSPREADS:
7.0 pips fixed
COMMISSIONS: NO
LONG (↑) :
-0.218%
SHORT (↓) :
-1.981%
□ MetaTrader4
□ WebTrader
SCALPING: YES
$100 MinimumDeposit Amount
WELCOMEBONUS:
30%
WEB-SITE:
► Visit Ava
REVIEW:
► Review
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 51 / 52
Automated Trading & Forex Robots (Expert Advisors)
A Forex Robot (or else an Expert Advisor) is a commercial software code that plugsin a Trading Platform and provides Automated Forex Trading. These fully-automatedtrading systems are usually running on MetaTrader-4.(1) The use of a Forex Robot requires top internet technology or VPS hosting(2) The use of a Forex Robot requires the availability of an exclusive Real Account.Manual trading shouldn’t be confused with automated trading in the same account.
Here is a short list with popular Forex RobotsFOREXROBOT
STYLE PLATFORM ONE-TIME COST INFO
FAP TURBOFOREX
■ Popular since 2008■ Scalping:Many Currencies inthe M15 Chart
■ MetaTrader4
■ 149 USD for one-time■ Free Lifetime Updates■ 1 Account License
► Review
► Web-Site
DOUBLESCALPER
■ Scalping:EURUSDUSDJPYin H1 Timeframes
■ MetaTrader4■ 98 USD for one-time■ 2 Account Licenses
► Review
► Web-Site
WALLSTREETFOREX
■ Scalping:EUR/USD, GBP/USDUSD/JPY, USD/CHFAUD/USD, NZD/USD
■ MetaTrader4
■ MetaTrader5
■ 299 USD for one tine■ 3 Account Licenses■ Free the Omega Indicator
► Review
► Web-Site
GPS FOREX
■ Scalping:Many currencies onlyduring the AsianSession
■ MetaTrader4
■ MetaTrader5
■ 149 USD for one time■ 1 Forex Account License
► Review
► Web-Site
FOREXVOLATILITY
■ Scalping:Two currenciesEUR/USDGBP/USD
■ MetaTrader4■ 190 USD for one time■ 1 Account License
► Review
► Web-Site
FOREXMEGADROID
■ Scalping:only EURUSD
■ MetaTrader4
■ Zulu-Trade
■ 67 USD for one time■ 1 Account License
► Review
► Web-Site
Expert Advisors and Trading System Reviews at these two specialized web-sites:
» FxPros.net | » ForexAutomatic.com
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FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 52 / 52
©© GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 22001155
FFoorreexx TTrraaddiinngg SSttaattiissttiiccss –– CCooppyyrriigghhtt JJaannuuaarryy 22001155
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