Forex Trading Statistics v1

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    FFFOOORRREEEIIIGGGNNN EEEXXXCCCHHHAAANNNGGGEEE SSSTTTAAATTTIIISSSTTTIIICCCSSS

    FFOOR R EE X  X  TTR R  A ADDIINNGG

    SSTT A ATTIISSTTIICCSS

    1155 FFOOR R EE X  X  CCUUR R R R EENNCCIIEESS x x 1155 Y  Y EE A AR R SS OOFF DD A AIILL Y  Y  DD A ATT A A

    GGEEOOR R GGEE MM.. PPR R OOTTOONNOOTT A  A R R IIOOSS

    FFoor r eeiiggnn EExxcchhaannggee SSttaattiissttiiccss

     “ “FFoorreexx TTrraaddiinngg SSttaattiissttiiccss” ” 

    Information is Power

    When Trading ForexFFoor r ee xx   TT r r aa ddii nngg   SS tt aa tt ii sstt iicc ss   --CCoopp yy r r ii gg hhtt   ©  ©   JJ aa nn uuaa r r yy   22 00 11 55

    George M. Protonotarios   ©  © --AA ll ll   r r ii gghhtt ss   r r ee ss ee r r vv ee dd   ww oor r ll dd ww ii dd ee

    DD ii ss tt r r ii bbuu tt ii oonn   bbyy   QQ ee xx ppee r r tt ..cc oo mm

    wwwwww..QQee x xppeerrtt..ccoomm

    http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/http://qexpert.com/

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    FFoorreexx TTrraaddiinngg SSttaattiissttiiccss  – – GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 2 / 52

    FFOOR R EE X  X  TTR R  A ADDIINNGG SSTT A ATTIISSTTIICCSS” ” 1155  FFOOR R EEXX CCUUR R R R EENNCCIIEESS xx  1155  YYEEAAR R SS OOFF  DDAAIILLYY  DDAATTAA” ” 

    -- TT A ABBLLEE OOFF CCOONNTTEENNTTSS --

    IInnttrroodduuccttiioonn & & MMeetthhooddoollooggyy........................................................................................

    11..  EEUUR R UUSSDD -European Currency against the United States Dollar................

    22..  GGBBPPUUSSDD -British Pound Sterling against the United States Dollar..........

    33..  UUSSDDJJPP Y  Y -United States Dollar against the Japanese Yen................................

    44..  UUSSDDCCHHFF -United States Dollar against the Swiss Franc....................................

    55..  UUSSDDCC A ADD -United States Dollar against the Canadian Dollar........................

    66..  A AUUDDUUSSDD -Australian Dollar against the United States Dollar ......................

    77..  NNZZDDUUSSDD -New Zealand Dollar against the United States Dollar..............

    88..  EEUUR R GGBBPP -European Currency against the British Pound Sterling............

    99..  EEUUR R CCHHFF -European Currency against the Swiss Franc......................................

    1100..   EEUUR R JJPP Y  Y -European Currency against the Japanese Yen..................................

    1111..   EEUUR R CC A ADD -European Currency against the Canadian Dollar..........................

    1122..   EEUUR R  A AUUDD -European Currency against the Australian Dollar........................

    1133..   EEUUR R NNZZDD -European Currency against the New Zealand Dollar................

    1144..   GGBBPPJJPP Y  Y -British Pound Sterling against the Japanese Yen............................

    1155..   GGBBPPCCHHFF -British Pound Sterling against the Swiss Franc................................

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    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 trading

    strategy, and (iii) efficiency of the money management. This eBook aims to

    strengthen 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 any

    investment valuation is based on fundamental facts and figures. Statistics is in the

    business of analyzing past price data and identifying potential price patterns. As

    these price patterns were originally formed according to a particular row of 

    fundamental events and figures, we may argue that Fundamental Analysis and

    Statistics 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 by

    following particular time patterns. The demand for Forex currencies tend to increase

    or to decrease during particular calendar months. These months are usually end-of-

    quarter months, and especially December, as the year ends. Additionally, you will be

    able to identify positive and negative correlations between Forex pairs that tend to

    occur during certain calendar months.

    Never forget that statistics is based on past data and that means it will never be able

    to forecast the upcoming price action with certainty and accuracy. If you adore

    certainty probably you are in the wrong business. Whenever unexpected

    fundamental changes occur, statistics will prove useless in describing / forecasting

    the price action. Statistics and technical analysis should be seen as a complementary

    framework to fundamental analysis, and not as an independent framework of 

    analyzing and forecasting the price of any financial-traded asset.

    This eBook is dedicated to all those living their life outside of the ‘box’. Make money

    using it, but also use it with caution and with respect to your Trading Strategy and to

    your Money Management System. Apply your money management with military

    discipline and balance always your capital-leverage decisions. Capital leverage is an

    enemy and a friend at the same time, choose sides wisely. Never forget risk because

    making money starts from not losing money.

    George M. Protonotarios, Athens, Hellas

    Financial Analyst -Msc in “Int. Banking & Finance”  Salford, UK 

    www.Qexpert.com

    www.TradingCenter.org

    www.Forex-Investors.com

    http://qexpert.com/http://tradingcenter.org/http://forex-investors.com/http://forex-investors.com/http://tradingcenter.org/http://qexpert.com/

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    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 the

    UK 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 each

    calendar 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 of 

    positive / negative months presented into two separate columns

    -For example, EURUSD during the month June (for the past 15 years) had shown 10

    times 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-Return

    Months equals always 15

    -For the visualization of the number of Positive / Negative months on all charts, the

    following formula is applied:

    ◙ {{((NNuummbbeerr oof f PPoossiittiivvee MMoonntthhss – – NNuummbbeerr oof f NNeeggaattiivvee MMoonntthhss)) / / NNuummbbeerr oof f 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 are

    extracted from individual Forex Brokers

    -The volume figures are presented on this eBook solely as a comparison measure

    between 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 for

    each calendar month, as follows:

    ◙ Average Daily Volatility = {( Intraday High - Intraday Low ) / Intraday Low }

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    FFoorreexx TTrraaddiinngg SSttaattiissttiiccss  – – GGeeoorrggee MM.. PPrroottoonnoottaarriiooss 5 / 52

    Chapter-1: EURUSD STATISTICSThe European Currency against the United States Dollar ( €/$) –Nickname ‘Fiber’ 

    CENTRAL BANK    ECB   FED

    FOREIGN CURRENCY RESERVES 51.373 Million USD 41.901 Million USD

    ◙ Preface:

    EURUSD is the most liquid currency pair worldwide. Almost all Forex brokers offer

    EURUSD at their lowest available spreads (Bid/Ask) and that makes this pair ideal for

    intraday trading and scalping. Furthermore, there are many Expert Advisors (EAs)

    that trade exclusively EURUSD. Historically, EURUSD is trading in a general range

    between €/$=0.80 and €/$=1.60. Based on historic data, there is a positive

    correlation between EURUSD and GBPUSD while there is a negative correlation

    between EURUSD and USDCHF.

    ◙ EURUSD Monthly Statistics:

    12/31/1999: 1.0059

    12/31/2014: 1.2097

    These are the monthly average returns of EURUSD based on 15 years of daily data.

    CALENDAR 

    MONTH

     AVERAGE

    MONTHLY 

    RETURNS

    TIMES

    (↑)

    TIMES

    (↓)

     AVERAGE

    DAILY 

     VOLUME(*)

     AVERAGE

    DAILY 

     VOLATILITY 

    JANUARY  -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%

    https://www.ecb.europa.eu/http://www.federalreserve.gov/https://www.ecb.europa.eu/http://www.federalreserve.gov/http://www.federalreserve.gov/https://www.ecb.europa.eu/

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    (↓)-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 (↓) calendar

    months: For drawing the Green Line, the following formula was applied:

    ● {{((NNuummbbeerr oof f BBuulllliisshh MMoonntthhss – – NNuummbbeerr oof f BBeeaarriisshh MMoonntthhss)) / / TToottaall NNuummbbeerr oof f PPeerriiooddss}} / / 110000

    ◙ Best Intraday Times to Trade the EURUSD:

    The best time to trade EURUSD is when London and New York are open

    simultaneously. The overlap occurs between 13.00 GMT and 16.00 GMT or else 8.00

    EST to 11 EST.

    (Check the Forex Market Hours in the following graph)

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    Graph: Forex Markets Hours GMT (Eastern Time = GMT - 05:00)

    ◙ Most Volatile Days of the Week to Trade EURUSD

    These are the most volatile days to trade EURUSD based on the average pip range of 

    each day of the week.

    Monday Tuesday Wednesday Thursday Friday

    110 pips 140 pips 135 pips 145 pips 140 pips

    Chart: EURUSD Hourly Moves EST (Eastern Time = GMT - 05:00)

    Source: Jamie Saettele, CMT 

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    ◙ 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   EURUSD

    SPREADSEURUSDSWAPS

      TECHNOLOGY ACCOUNT INFORMATION

    EXECUTION: STP / ECN

    REGULATED BY :

    FCA UK, CySEC, MiFID

    US TRADERS: NO

    FOUNDATION: 2007

    EURUSD

    SPREADS:

    1.4 pip

    COMMISSIONS

    : NO

    OR CURRENEX:

    -Spread at 0.4

    pip +$6/lot

    commissions

    ■ EURUSD:

    LONG (↑) :

    $ -0.28

    SHORT (↓) :

    $ -0.10

    PLATFORMS

    □ MetaTrader4

    □ WebTrader

    SCALPING: YES

    Free VPS Server for

    deposits of more

    than $5,000

    FX ASSETS: 43

    LEVERAGE:

    1:1000

    $50 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    40-100%

     HOTFOREX 

    WEB-SITE:

    ► Visit HotForex

    Web-Site

    REVIEW:

    ► Review Fx

    Broker

    EXECUTION: STP

    REGULATED: MiFID (EU)

    US TRADERS: YES

    FOUNDATION: 2012

    US AND JAPAN

    ONLY 

    EURUSD

    SPREADS:

    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 Minimum

    Deposit

    WELCOME

    BONUS:

    100% (US ONLY)

    BROKER INC

    WEB-SITE:

    ► Visit Forex

    Broker Inc. (Only

    US and Japanese)

    REVIEW:

    ► Review Fx

    Broker

    EXECUTION: STP Model

    REGULATED: FSA UK,

    CySEC, ASIC, MiFID

    US TRADERS: NO

    FOUNDATION: 2008

    EURUSD

    SPREADS:

    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 minimum

    deposit

    WELCOME

    BONUS:

    40-100%

     XEMARKETS

    WEB-SITE:

    ► Visit XM Web-

    Site

    REVIEW:

    ► Review Fx

    Broker

    EXECUTION: ECN

    REGULATED: FCA UK 

    US TRADERS: NO

    FOUNDATION: 2010

    EURUSD

    SPREADS:

    1.4 pip plus

    commissions

    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 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    30-100%

    FXCC

    WEB-SITE:

    ► Visit FXCC

    Web-Site

    REVIEW:

    ► Review Fx

    Broker

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    Chapter-2: GBPUSD STATISTICSThe British Pound Sterling against the United States Dollar (£/$) –Nickname Cable

    CENTRAL BANK    BoE   FED

    FOREIGN CURRENCY RESERVES 10.135 Million USD 41.901 Million USD

    ◙ Preface:

    GBPUSD is one of the three most liquid pairs worldwide along with EURUSD and

    USDJPY. Historically, GBPUSD shows positive correlation with EURUSD and negative

    correlation with USDCHF.

    Note: The Bank of England (BoE) holds only 10.135 million USD in Foreign Currency

    Reserves but the UK Central Government holds 72.092 million USD in Foreign

    Currency Reserves.

    ◙ GBPUSD Monthly Statistics:

    12/31/1999: 1.6144

    12/31/2014: 1.5571

    These are the monthly average returns of GBPUSD based on 15 years of daily data.

    CALENDAR 

    MONTH

     AVERAGE

    MONTHLY 

    RETURNS

    TIMES

    (↑)

    TIMES

    (↓)

     AVERAGE

    DAILY 

     VOLUME(*)

     AVERAGE

    DAILY 

     VOLATILITY 

    JANUARY   -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%

    http://www.bankofengland.co.uk/http://www.federalreserve.gov/http://www.bankofengland.co.uk/http://www.federalreserve.gov/http://www.bankofengland.co.uk/http://www.federalreserve.gov/

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    (↓)-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 (↓) calendar

    months: For drawing the Green Line, the following formula was applied:

    ● {{((NNuummbbeerr oof f BBuulllliisshh MMoonntthhss – – NNuummbbeerr oof f BBeeaarriisshh MMoonntthhss)) / / TToottaall NNuummbbeerr oof f PPeerriiooddss}} / / 110000

    ◙ Most Volatile Days of the Week to Trade the GBPUSD

    These are the most volatile days to trade GBPUSD based on the average pip range of 

    each day of the week.

    Monday Tuesday Wednesday Thursday Friday

    150 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 occurs

    between 08.00 GMT and 15.00 GMT.

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    ◙ 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   GBPUSD

    SPREADSGBPUSDSWAPS

      TECHNOLOGY ACCOUNT INFORMATION

    EXECUTION: STP / ECN

    REGULATED BY :

    FCA UK, CySEC, MiFID

    US TRADERS: NO

    FOUNDATION: 2007

    GBPUSD

    SPREADS:

    2.3 pip

    COMMISSIONS

    : NO

    OR CURRENEX:

    -Spread at 0.4

    pip -Plus $6/lot

    commissions

    ■ 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 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    40-100%

    WEB-SITE:

    ► Visit HotForex

    Web-Site

    REVIEW:

    ► Review Fx

    Broker

    EXECUTION: STP

    REGULATED: MiFID (EU)

    US TRADERS: YES

    FOUNDATION: 2012

    (ONLY US ANDJAPAN)

    GBPUSD

    SPREADS:

    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 Minimum

    Deposit

    WELCOME

    BONUS:

    100% (US ONLY)

    WEB-SITE:

    ► Visit Forex

    Broker Inc. (Only

    US and Japanese)

    REVIEW:

    ► Review Fx

    Broker

    EXECUTION: STP Model

    REGULATED: FSA UK,

    CySEC, ASIC, MiFID

    US TRADERS: NO

    FOUNDATION: 2008

    GBPUSD

    SPREADS:

    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 minimum

    deposit

    WELCOME

    BONUS:

    40-100%

    WEB-SITE:

    ► Visit XM Web-

    Site

    REVIEW:

    ► Review Fx

    Broker

    EXECUTION: STP

    REGULATED: FCA UK 

    US TRADERS: NO

    FOUNDATION: 1978

    GBPUSD

    SPREADS:

    2.6 pip

    COMMISSIONS

    : NO

    PRO ACCOUNT:

    Better spreads

    and Minimum

     Account $5,000

    ■ GBPUSD:

    LONG (↑) :

    -0.5%

    SHORT (↓) :

    -1.5%

    PLATFORMS

    □ MetaTrader4

    SCALPING: YES

    FX ASSETS: 43

    LEVERAGE:

    1:300

    $50 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    10%

    WEB-SITE:

    ► Visit HY 

    Markets Web-Site

    REVIEW:

    ► Review Fx

    Broker

    http://www.hotforex.com/?refid=26991http://www.hotforex.com/?refid=26991http://www.hotforex.com/?refid=26991http://tradingcenter.org/index.php/component/content/article/83-reviews/204http://tradingcenter.org/index.php/component/content/article/83-reviews/204http://tradingcenter.org/index.php/component/content/article/83-reviews/204http://welcome.forexbrokerinc.com/afs/come.php?id=22&cid=121&ctgid=100&atype=1http://welcome.forexbrokerinc.com/afs/come.php?id=22&cid=121&ctgid=100&atype=1http://welcome.forexbrokerinc.com/afs/come.php?id=22&cid=121&ctgid=100&atype=1http://welcome.forexbrokerinc.com/afs/come.php?id=22&cid=121&ctgid=100&atype=1http://tradingcenter.org/index.php/component/content/article/83-reviews/248http://tradingcenter.org/index.php/component/content/article/83-reviews/248http://tradingcenter.org/index.php/component/content/article/83-reviews/248http://clicks.pipaffiliates.com/afs/come.php?id=41&cid=6052&ctgid=16&atype=1http://clicks.pipaffiliates.com/afs/come.php?id=41&cid=6052&ctgid=16&atype=1http://clicks.pipaffiliates.com/afs/come.php?id=41&cid=6052&ctgid=16&atype=1http://tradingcenter.org/index.php/component/content/article/83-reviews/185http://tradingcenter.org/index.php/component/content/article/83-reviews/185http://tradingcenter.org/index.php/component/content/article/83-reviews/185http://clicks.hyaffiliates.com/afs/come.php?id=890&cid=106288&atype=1&ctgid=11http://clicks.hyaffiliates.com/afs/come.php?id=890&cid=106288&atype=1&ctgid=11http://clicks.hyaffiliates.com/afs/come.php?id=890&cid=106288&atype=1&ctgid=11http://tradingcenter.org/index.php/component/content/article/83-reviews/272http://tradingcenter.org/index.php/component/content/article/83-reviews/272http://tradingcenter.org/index.php/component/content/article/83-reviews/272http://tradingcenter.org/index.php/component/content/article/83-reviews/185http://clicks.pipaffiliates.com/afs/come.php?id=41&cid=6052&ctgid=16&atype=1http://clicks.pipaffiliates.com/afs/come.php?id=41&cid=6052&ctgid=16&atype=1http://tradingcenter.org/index.php/component/content/article/83-reviews/272http://clicks.hyaffiliates.com/afs/come.php?id=890&cid=106288&atype=1&ctgid=11http://clicks.hyaffiliates.com/afs/come.php?id=889&cid=106288&atype=1&ctgid=11http://tradingcenter.org/index.php/component/content/article/83-reviews/248http://welcome.forexbrokerinc.com/afs/come.php?id=22&cid=121&ctgid=100&atype=1http://welcome.forexbrokerinc.com/afs/come.php?id=22&cid=121&ctgid=100&atype=1http://tradingcenter.org/index.php/component/content/article/83-reviews/204http://www.hotforex.com/?refid=26991http://www.hotforex.com/?refid=26991

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    Chapter-3: USDJPY STATISTICSThe United States Dollar against the Japanese Yen ($/ ¥) –Nickname ‘The Yen’ 

    CENTRAL BANK    FED   BoJ

    FOREIGN CURRENCY RESERVES 41.901 Million USD 1.199.000 Million USD

    ◙ Preface:

    USDJPY is a very dynamic Forex pair that trades within straightforward long-term

    cycles. USDJPY is one of the three most liquid Forex pairs worldwide along with

    EURUSD and GBPUSD. Note that the bank of Japan holds massive Foreign Currency

    Reserves worth about 1.2 trillion USD.

    ◙ USDJPY Monthly Statistics:

    12/31/1999: 102.13

    12/31/2014: 119.72

    These are the monthly average returns of USDJPY based on 15 years of daily data.

    CALENDAR MONTH

     AVERAGEMONTHLY RETURNS

    TIMES(↑)

    TIMES(↓)

     AVERAGEDAILY 

     VOLUME(*)

     AVERAGEDAILY 

     VOLATILITY 

    JANUARY   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 TRADES

     According 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 TRADES

     According 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%

    http://www.federalreserve.gov/https://www.boj.or.jp/en/http://www.federalreserve.gov/https://www.boj.or.jp/en/https://www.boj.or.jp/en/http://www.federalreserve.gov/

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    ◙ 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 USDJPY 

    Wednesday, Thursday and Friday are the most volatile days to trade USDJPY based

    on 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 during

    the late US session.

    Chart: USDJPY Hourly Moves (Source: DailyFx)

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    ◙ 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   USDJPY 

    SPREADSUSDJPY SWAPS

      TECHNOLOGY ACCOUNT INFORMATION

    EXECUTION: STP Model

    REGULATED: FSA UK,

    CySEC, ASIC, MiFID

    US TRADERS: NO

    FOUNDATION: 2008

    USDJPY 

    SPREADS:

    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 minimum

    deposit

    WELCOME

    BONUS:

    40-100%

    WEB-SITE:

    ► Visit XM Web-

    Site

    REVIEW:

    ► Review Fx

    Broker

    EXECUTION: ECN

    REGULATED: FCA UK 

    US TRADERS: NO

    FOUNDATION: 2010

    USDJPY 

    SPREADS:

    1.1 pip plus

    commissions

    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 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    30-100%

    WEB-SITE:

    ► Visit FXCC

    Web-Site

    REVIEW:

    ► Review Fx

    Broker

    EXECUTION: STP / ECN

    REGULATED BY :

    FCA UK, CySEC, MiFID

    US TRADERS: NO

    FOUNDATION: 2007

    USDJPY 

    SPREADS:

    1.7 pip

    COMMISSIONS:

    NO

    OR CURRENEX:

    -Spread at 0.4

    pip -Plus $6/lot

    commissions

    ■ 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 Minimum

    Deposit Amount

    WELCOMEBONUS:

    40-100%

    WEB-SITE:

    ► Visit HotForex

    Web-Site

    REVIEW:

    ► Review FxBroker

    EXECUTION: STP

    REGULATED: MiFID (EU)

    US TRADERS: YESFOUNDATION: 2012

    ONLY US AND

    JAPAN

    USDJPY 

    SPREADS:

    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 Minimum

    Deposit

    WELCOME

    BONUS:

    100% (US ONLY)

    WEB-SITE:

    ► Visit Forex

    Broker Inc. (Only

    US and Japanese

    Traders)

    REVIEW:

    ► Review Fx

    Broker

    http://clicks.pipaffiliates.com/afs/come.php?id=41&cid=6052&ctgid=16&atype=1http://clicks.pipaffiliates.com/afs/come.php?id=41&cid=6052&ctgid=16&atype=1http://clicks.pipaffiliates.com/afs/come.php?id=41&cid=6052&ctgid=16&atype=1http://tradingcenter.org/index.php/component/content/article/83-reviews/185http://tradingcenter.org/index.php/component/content/article/83-reviews/185http://tradingcenter.org/index.php/component/content/article/83-reviews/185https://hub.fxcc.com/register/live?fx=i-1399-S00C00https://hub.fxcc.com/register/live?fx=i-1399-S00C00https://hub.fxcc.com/register/live?fx=i-1399-S00C00http://www.forex-broker-reviews.com/index.php/ecn-forex/fxcchttp://www.forex-broker-reviews.com/index.php/ecn-forex/fxcchttp://www.forex-broker-reviews.com/index.php/ecn-forex/fxcchttp://www.hotforex.com/?refid=26991http://www.hotforex.com/?refid=26991http://www.hotforex.com/?refid=26991http://tradingcenter.org/index.php/component/content/article/83-reviews/204http://tradingcenter.org/index.php/component/content/article/83-reviews/204http://tradingcenter.org/index.php/component/content/article/83-reviews/204http://welcome.forexbrokerinc.com/afs/come.php?id=22&cid=121&ctgid=100&atype=1http://welcome.forexbrokerinc.com/afs/come.php?id=22&cid=121&ctgid=100&atype=1http://welcome.forexbrokerinc.com/afs/come.php?id=22&cid=121&ctgid=100&atype=1http://welcome.forexbrokerinc.com/afs/come.php?id=22&cid=121&ctgid=100&atype=1http://welcome.forexbrokerinc.com/afs/come.php?id=22&cid=121&ctgid=100&atype=1http://tradingcenter.org/index.php/component/content/article/83-reviews/248http://tradingcenter.org/index.php/component/content/article/83-reviews/248http://tradingcenter.org/index.php/component/content/article/83-reviews/248http://tradingcenter.org/index.php/component/content/article/83-reviews/204http://welcome.forexbrokerinc.com/afs/come.php?id=22&cid=121&ctgid=100&atype=1http://welcome.forexbrokerinc.com/afs/come.php?id=22&cid=121&ctgid=100&atype=1http://tradingcenter.org/index.php/component/content/article/83-reviews/248https://hub.fxcc.com/register/live?fx=i-1399-S00C00https://hub.fxcc.com/register/live?fx=i-1399-S00C00http://www.forex-broker-reviews.com/index.php/ecn-forex/fxcchttp://clicks.pipaffiliates.com/afs/come.php?id=41&cid=6052&ctgid=16&atype=1http://clicks.pipaffiliates.com/afs/come.php?id=41&cid=6052&ctgid=16&atype=1http://tradingcenter.org/index.php/component/content/article/83-reviews/185http://www.hotforex.com/?refid=26991http://www.hotforex.com/?refid=26991

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    Chapter-4: USDCHF STATISTICSThe United States Dollar against the Swiss Franc –Nickname ‘Swissie’ 

    CENTRAL BANK    FED   SNB

    FOREIGN 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 to

    the Swiss neutrality in all major wars of the past many centuries in Europe. CHF is

    also a major reserve currency used by all central banks in the world. The Swiss

    National Bank holds massive Forex Currency Reserves worth about 480 billion USD.

     As concerns liquidity, USDCHF is not as liquid as EURUSD, USDJPY and GBPUSD but

    it 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 an

    historic negative correlation between USDCHF and GBPUSD.

    ◙ USDCHF Monthly Statistics:

    12/31/1999: 1.5902

    12/31/2014: 0.9940

    These are the monthly average returns of USDCHF based on 15 years of daily data.

    CALENDAR MONTH

     AVERAGEMONTHLY RETURNS

    TIMES(↑)

    TIMES(↓)

     AVERAGEDAILY 

     VOLUME(*)

     AVERAGEDAILY 

     VOLATILITY JANUARY   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%

    http://www.federalreserve.gov/http://www.snb.ch/en/http://www.federalreserve.gov/http://www.snb.ch/en/http://www.snb.ch/en/http://www.federalreserve.gov/

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    (↓)-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 (↓) calendar

    months: For drawing the Green Line, the following formula was applied:

    ● {{((NNuummbbeerr oof f BBuulllliisshh MMoonntthhss – – NNuummbbeerr oof f BBeeaarriisshh MMoonntthhss)) / / TToottaall NNuummbbeerr oof f PPeerriiooddss}} / / 110000

    ◙ Most Volatile Days of the Week to Trade the USDCHF

    These are the most volatile days to trade USDCHF based on the average pip range of 

    each day of the week.

    Monday Tuesday Wednesday Thursday Friday

    85 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 New

     York session. The peak occurs between 13:00 GMT and 14:00 GMT.

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    ◙ Forex Brokers and USDCHF Trading

    These 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   USDCHF

    SPREADSUSDCHFSWAPS

      TECHNOLOGY ACCOUNT INFORMATION

    EXECUTION: STP / ECN

    REGULATED BY :

    FCA UK, CySEC, MiFID

    US TRADERS: NO

    FOUNDATION: 2007

    CURRENEX 

    SPREADS:

    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 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    40-100%

    WEB-SITE:

    ► Visit HotForex

    Web-Site

    REVIEW:

    ► Review Fx

    Broker

    EXECUTION: STP

    REGULATED: MiFID (EU)

    US TRADERS: YES

    FOUNDATION: 2012

    US AND JAPAN

    ONLY 

    USDCHF

    SPREADS:

    2.3 pips

    COMMISSIONS

    : NO

    Platinum Variable

     Account

    ■ USDCHF:

    LONG (↑) :

    $ -0.17

    SHORT (↓) :

    $ -0.29

    PLATFORMS

    □ MetaTrader4

    □ Sirix WebTrader

    SCALPING: YES

    FX ASSETS: 45

    LEVERAGE:

    1:500

    $10 Minimum

    Deposit

    WELCOME

    BONUS:

    100% (US ONLY)

    WEB-SITE:

    ► Visit BrokerInc.

    (Only US and

    Japanese Traders)

    REVIEW:

    ► Review Fx

    Broker

    EXECUTION: STP Model

    REGULATED: FSA UK,

    CySEC, ASIC, MiFID

    US TRADERS: NO

    FOUNDATION: 2008

    USDCHF

    SPREADS:

    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 minimum

    deposit

    WELCOME

    BONUS:

    40-100%

    WEB-SITE:

    ► Visit XM Web-Site

    REVIEW:

    ► Review Fx

    Broker

    EXECUTION: ECN

    REGULATED: FCA UK 

    US TRADERS: NO

    FOUNDATION: 2010

    USDCHF

    SPREADS:

    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 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    30-100%

    WEB-SITE:

    ► Visit FXCC

    Web-Site

    REVIEW:

    ► Review Fx

    Broker

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    Chapter-5: USDCAD STATISTICSThe United States Dollar against the Canadian Dollar –Nickname Loonie

    CENTRAL BANK    FED   BoC

    FOREIGN 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 to

    the Oil price. Canada is exporting daily about 2 million oil barrels to the United

    States, while 85% of all Canada’s exports are going in the US.

    ◙ USDCAD Monthly Statistics:

    12/31/1999: 1.4476

    12/31/2014: 1.1615

    These are the monthly average returns of USDCAD based on 15 years of daily data.

    CALENDAR MONTH

     AVERAGEMONTHLY RETURNS

    TIMES(↑)

    TIMES(↓)

     AVERAGEDAILY 

     VOLUME(*)

     AVERAGEDAILY 

     VOLATILITY 

    JANUARY   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%

    http://www.federalreserve.gov/http://www.bankofcanada.ca/http://www.federalreserve.gov/http://www.bankofcanada.ca/http://www.federalreserve.gov/http://www.bankofcanada.ca/

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    → 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 (↓) calendar

    months: For drawing the Green Line, the following formula was applied:● {{((NNuummbbeerr oof f BBuulllliisshh MMoonntthhss – – NNuummbbeerr oof f BBeeaarriisshh MMoonntthhss)) / / TToottaall NNuummbbeerr oof f PPeerriiooddss}} / / 110000

    ◙ Most Volatile Days of the Week to Trade the USDCAD

    These are the most volatile days to trade USDCAD based on the average pip range

    of each day of the week.

    Monday Tuesday Wednesday Thursday Friday

    95 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)

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    ◙ Forex Brokers and USDCAD Trading

    These are some USDCAD Forex Brokers. Only ForexBroker Inc welcomes US traders.

    ► Go to Central Index

    FOREX BROKER   USDCAD

    SPREADSUSDCADSWAPS

      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

    WELCOME

    BONUS:

    40-100%

    WEB-SITE:

    ► Visit HotForex

    REVIEW:

    ► Review

    FOREX BROKER INC.

    REGULATED: MiFID (EU)

    US TRADERS: YES

    ONLY US AND

    JAPAN

    SPREADS:

    2.5 pips

    COMMISSIONS

    : NO

    LONG (↑) :

    $ -0.24

    SHORT (↓) :

    $ +0.16

    □ MetaTrader4

    □ Sirix WebTrader

    SCALPING: YES

    $10 Minimum

    Deposit

    WELCOME

    BONUS:

    100% (US ONLY)

    WEB-SITE:

    ► Visit (Only US

    and Japan)

    REVIEW:

    ► Review

     XEMARKETS

    REGULATED: FSA UK,

    CySEC, ASIC, MiFID

    US TRADERS: NO

    USDCAD

    SPREADS:

    2.2 pips

    COMMISSIONS

    : NO

    LONG (↑) :

    $ -0.59

    SHORT (↓) :

    $ +0.03

    □ Web Trader

    □ MirrorTrader

    □ MetaTrader4

    SCALPING: YES

    $50 minimum

    deposit

    WELCOME

    BONUS:

    40-100%

    WEB-SITE:

    ► Visit XM

    REVIEW:

    ► Review

    FXCC

    REGULATED: FCA UK 

    US TRADERS: NO

    SPREADS:

    1.3 pip plus

    commissions

    COMMISSIONS:

    0.6 pips per lot

    LONG (↑) :

    $ (N/A)

    SHORT (↓) :

    $ (N/A)

    □ MetaTrader4

    □ Sirix WebTrader

    SCALPING: YES

    $100 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    30-100%

    WEB-SITE:

    ► Visit FXCC

    REVIEW:

    ► Review

    HYMARKETS

    REGULATED: FCA UK 

    US TRADERS: NO

    USDCAD

    SPREADS:

    2.8 pips fixed

    COMMISSIONS

    : NO

    LONG (↑) :

    $ -0.20

    SHORT (↓) :

    $ 0.00

    □ MetaTrader4

    SCALPING: YES

    $50 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    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 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    30%

    WEB-SITE:

    ► Visit Ava

    REVIEW:

    ► Review

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    Chapter-6: AUDUSD STATISTICSThe Australian Dollar against the United States Dollar –Nickname Aussie

    CENTRAL BANK    RBA   FED

    FOREIGN 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 active

    pairs in the world. Traditionally there is a high demand for the Australian Dollar as it

    offers 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: 0.6563

    12/31/2014: 0.8160

    These are the monthly average returns of AUDUSD based on 15 years of daily data.

    CALENDAR MONTH

     AVERAGEMONTHLY RETURNS

    TIMES(↑)

    TIMES(↓)

     AVERAGEDAILY 

     VOLUME(*)

     AVERAGEDAILY 

     VOLATILITY 

    JANUARY   -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:

    http://www.rba.gov.au/http://www.federalreserve.gov/http://www.rba.gov.au/http://www.federalreserve.gov/http://www.rba.gov.au/http://www.federalreserve.gov/

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    → 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 (↓) calendar

    months: For drawing the Green Line, the following formula was applied:

    ● {{((NNuummbbeerr oof f BBuulllliisshh MMoonntthhss – – NNuummbbeerr oof f BBeeaarriisshh MMoonntthhss)) / / TToottaall NNuummbbeerr oof f PPeerriiooddss}} / / 110000

    ◙ Most Volatile Days of the Week to Trade the AUDUSD

    These are the most volatile days to trade AUDUSD based on the average pip range

    of each day of the week.

    Monday Tuesday Wednesday Thursday Friday

    85 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.

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    ◙ Forex Brokers and AUDUSD Trading

    These are some AUDUSD Forex Brokers. Only ForexBroker Inc welcomes US traders.

    ► Go to Central Index

    FOREX BROKER   AUDUSD

    SPREADS AUDUSD

    SWAPS  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

    WELCOME

    BONUS:

    40-100%

    WEB-SITE:

    ► Visit HotForex

    REVIEW:

    ► Review

    FOREX BROKER INC.

    REGULATED: MiFID (EU)

    US TRADERS: YES

    US AND JAPAN

    ONLY 

    SPREADS:

    2.3 pips

    COMMISSIONS

    : NO

    LONG (↑) :

    $ +0.29

    SHORT (↓) :

    $ -1.09

    □ MetaTrader4

    □ Sirix WebTrader

    SCALPING: YES

    $10 Minimum

    Deposit

    WELCOME

    BONUS:

    100% (US ONLY)

    WEB-SITE:

    ► Visit (Only US

    and Japan)

    REVIEW:

    ► Review

     XEMARKETS

    REGULATED: FSA UK,

    CySEC, ASIC, MiFID

    US TRADERS: NO

     AUDUSD

    SPREADS:

    2.2 pips

    COMMISSIONS

    : NO

    LONG (↑) :

    $ +0.37

    SHORT (↓) :

    $ -0.89

    □ Web Trader

    □ MirrorTrader

    □ MetaTrader4

    SCALPING: YES

    $50 minimum

    deposit

    WELCOME

    BONUS:

    40-100%

    WEB-SITE:

    ► Visit XM

    REVIEW:

    ► Review

    FXCC

    REGULATED: FCA UK 

    US TRADERS: NO

    SPREADS:

    1.8 pips plus

    commissions

    COMMISSIONS:

    0.6 pips per lot

    LONG (↑) :

    $ (N/A)

    SHORT (↓) :

    $ (N/A)

    □ MetaTrader4

    □ Sirix WebTrader

    SCALPING: YES

    $100 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    30-100%

    WEB-SITE:

    ► Visit FXCC

    REVIEW:

    ► Review

    HYMARKETS

    REGULATED: FCA UK 

    US TRADERS: NO

     AUDUSD

    SPREADS:

    2.6 pips fixed

    COMMISSIONS

    : NO

    LONG (↑) :

     +1.500%

    SHORT (↓) :

    -3.500%

    □ MetaTrader4

    SCALPING: YES

    $50 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    10%

    WEB-SITE:

    ► Visit HY 

    REVIEW:

    ► Review

     AVATRADE

    REGULATED: ASIC, BVI

    US TRADERS: NO

    SPREADS:

    2.7 pips floating

    typical

    COMMISSIONS

    : NO

    LONG (↑) :

     +1.839

    SHORT (↓) :

    -3.989%

    □ MetaTrader4

    □ WebTrader

    SCALPING: YES

    $100 MinimumDeposit Amount

    WELCOME

    BONUS:

    30%

    WEB-SITE:

    ► Visit Ava

    REVIEW:

    ► Review

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    Chapter-7: NZDUSD STATISTICSThe New Zealand Dollar against the United States Dollar –Nickname Kiwi

    CENTRAL BANK    RBNZ   FED

    FOREIGN 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 given

    the small size of the New Zealand economy. New Zealand is a major exporter of raw

    materials, wood, meat, fish and dairy and therefore NZD is a commodity currency.

    The New Zealand dollar offers traditionally high interest rates and that creates

    demand for NZD derived from Carry Traders. NZDUSD has shown historically a

    positive correlation with AUDUSD but also with EURUSD. If you compare the Monthly

     Average Tables of NZDUSD, AUDUSD and EURUSD you will see significant

    similarities.

    ◙ NZDUSD Monthly Statistics:

    12/31/1999: 0.5210

    12/31/2014: 0.7789

    These are the monthly average returns of NZDUSD based on 15 years of daily data.

    CALENDAR MONTH

     AVERAGEMONTHLY RETURNS

    TIMES(↑)   TIMES (↓)

     AVERAGEDAILY 

     VOLUME(*)

     AVERAGEDAILY 

     VOLATILITY 

    JANUARY   -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%

    http://www.rbnz.govt.nz/http://www.federalreserve.gov/http://www.rbnz.govt.nz/http://www.federalreserve.gov/http://www.rbnz.govt.nz/http://www.federalreserve.gov/

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    (↓)-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 calendar

    month.

    -The Green Line corresponds to the number of Bullish (↑) and Bearish (↓) calendar

    months: For drawing the Green Line, the following formula was applied:

    ● {{((NNuummbbeerr oof f BBuulllliisshh MMoonntthhss – – NNuummbbeerr oof f BBeeaarriisshh MMoonntthhss)) / / TToottaall NNuummbbeerr oof f PPeerriiooddss}} / / 110000

    ◙ Most Volatile Days of the Week to Trade the NZDUSD

    These are the most volatile days to trade NZDUSD based on the average pip rangeof each day of the week.

    Monday Tuesday Wednesday Thursday Friday

    80 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.

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    ◙ Forex Brokers and NZDUSD Trading

    These are some NZDUSD Forex Brokers. Only ForexBroker Inc welcomes US traders.

    ► Go to Central Index

    FOREX BROKER   NZDUSD

    SPREADSNZDUSDSWAPS

      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

    WELCOME

    BONUS:

    40-100%

    WEB-SITE:

    ► Visit HotForex

    REVIEW:

    ► Review

    FOREX BROKER INC.

    REGULATED: MiFID (EU)

    US TRADERS: YES

    US AND JAPAN

    ONLY 

    SPREADS:

    3.4 pips

    COMMISSIONS

    : NO

    LONG (↑) :

    $ +0.37

    SHORT (↓) :

    $ -1.33

    □ MetaTrader4

    □ Sirix WebTrader

    SCALPING: YES

    $10 Minimum

    Deposit

    WELCOME

    BONUS:

    100% (US ONLY)

    WEB-SITE:

    ► Visit (Only US)

    REVIEW:

    ► Review

     XEMARKETS

    REGULATED: FSA UK,

    CySEC, ASIC, MiFID

    US TRADERS: NO

    NZDUSD

    SPREADS:

    3.0 pips

    COMMISSIONS

    : NO

    LONG (↑) :

    $ +0.55

    SHORT (↓) :

    $ -1.02

    □ Web Trader

    □ MirrorTrader

    □ MetaTrader4

    SCALPING: YES

    $50 minimum

    deposit

    WELCOME

    BONUS:

    40-100%

    WEB-SITE:

    ► Visit XM

    REVIEW:

    ► Review

    FXCC

    REGULATED: FCA UK 

    US TRADERS: NO

    NZDUSD

    SPREADS:

    2.5 pips typical

    COMMISSIONS

    : NO

    LONG (↑) :

    $ (N/A)

    SHORT (↓) :

    $ (N/A)

    □ MetaTrader4

    □ Sirix WebTrader

    SCALPING: YES

    $100 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    30-100%

    WEB-SITE:

    ► Visit FXCC

    REVIEW:

    ► Review

    HYMARKETS

    REGULATED: FCA UK 

    US TRADERS: NO

    NZDUSD

    SPREADS:

    4.4 pips fixed

    COMMISSIONS

    : NO

    LONG (↑) :

    + 2.500%

    SHORT (↓) :

    -4.500%

    □ MetaTrader4

    SCALPING: YES

    $50 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    10%

    WEB-SITE:

    ► Visit HY 

    REVIEW:

    ► Review

     AVATRADE

    REGULATED: ASIC, BVI

    US TRADERS: NO

    NZDUSD

    SPREADS:

    5.0 pips

    COMMISSIONS

    : NO

    LONG (↑) :

     +2.359%

    SHORT (↓) :

    -4.559%

    □ MetaTrader4

    □ WebTrader

    SCALPING: YES

    $100 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    30%

    WEB-SITE:

    ► Visit Ava

    REVIEW:

    ► Review

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    Chapter-8: EURGBP STATISTICSThe European Currency (Euro) against the British Pound Sterling

    CENTRAL BANK    ECB   BoE

    FOREIGN 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 is

    correlated to the EURUSD.

    ◙ EURGBP Monthly Statistics:

    12/31/1999: 0.6215

    12/31/2014: 0.7764

    These are the monthly average returns of EURGBP based on 15 years of daily data.

    CALENDAR MONTH

     AVERAGE

    MONTHLY RETURNS

    TIMES(↑)

    TIMES(↓)

     AVERAGE

    DAILY  VOLUME(*)

     AVERAGE

    DAILY  VOLATILITY 

    JANUARY   -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%

    https://www.ecb.europa.eu/http://www.bankofengland.co.uk/https://www.ecb.europa.eu/http://www.bankofengland.co.uk/http://www.bankofengland.co.uk/https://www.ecb.europa.eu/

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    ◙ 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 (↓) calendar

    months: For drawing the Green Line, the following formula was applied:

    ● {{((NNuummbbeerr oof f BBuulllliisshh MMoonntthhss – – NNuummbbeerr oof f BBeeaarriisshh MMoonntthhss)) / / TToottaall NNuummbbeerr oof f 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 of 

    each day of the week.

    Monday Tuesday Wednesday Thursday Friday

    75 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, and

    especially from 8:00 GMT to 16.00 GMT.

    Graph: Forex Markets Hours GMT (Eastern Time = GMT - 05:00)

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    ◙ Forex Brokers and EURGBP Trading

    These are some EURGBP Forex Brokers. Only ForexBroker Inc welcomes US traders.

    ► Go to Central Index

    FOREX BROKER   EURGBP

    SPREADSEURGBPSWAPS

      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

    WELCOME

    BONUS:

    40-100%

    WEB-SITE:

    ► Visit HotForex

    REVIEW:

    ► Review

     XEMARKETS

    REGULATED: FSA UK,

    CySEC, ASIC, MiFID

    US TRADERS: NO

    EURGBP

    SPREADS:

    2.2 pips

    COMMISSIONS

    : NO

    LONG (↑) :

    $ -0.36

    SHORT (↓) :

    $ -0.04

    □ Web Trader

    □ MirrorTrader

    □ MetaTrader4

    SCALPING: YES

    $50 minimum

    deposit

    WELCOME

    BONUS:

    40-100%

    WEB-SITE:

    ► Visit XM

    REVIEW:

    ► Review

    FXCC

    REGULATED: FCA UK 

    US TRADERS: NO

    EURGBP

    SPREADS:

    2.1 pips typical

    COMMISSIONS

    : NO

    LONG (↑) :

    $ (N/A)

    SHORT (↓) :

    $ (N/A)

    □ MetaTrader4

    □ Sirix WebTrader

    SCALPING: YES

    $100 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    30-100%

    WEB-SITE:

    ► Visit FXCC

    REVIEW:

    ► Review

    HYMARKETS

    REGULATED: FCA UK 

    US TRADERS: NO

    EURGBP

    SPREADS:

    2.8 pips fixed

    COMMISSIONS

    : NO

    LONG (↑) :

    -2.000%

    SHORT (↓) :

    -1.000%

    □ MetaTrader4

    SCALPING: YES

    $50 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    10%

    WEB-SITE:

    ► Visit HY 

    REVIEW:

    ► Review

     AVATRADE

    REGULATED: ASIC, BVI

    US TRADERS: NO

    EURGBP

    SPREADS:

    3.0 pips

    COMMISSIONS

    : NO

    LONG (↑) :

    -1.526%

    SHORT (↓) :

    -0.474%

    □ MetaTrader4

    □ WebTrader

    SCALPING: YES

    $100 Minimum

    Deposit Amount

    WELCOME

    BONUS:

    30%

    WEB-SITE:

    ► Visit Ava

    REVIEW:

    ► Review

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    Chapter-9: EURCHF STATISTICSThe European Currency (Euro) against the Swiss Franc

    CENTRAL BANK    ECB   SNB

    FOREIGN CURRENCY RESERVES 51.373 Million USD 479.947 Million USD

    ◙ Preface:

    EURCHF is an important exchange rate as it incorporates two of the most valuable

    currencies in the world. Euro is the second most traded currency worldwide after the

    US Dollar. From the other hand, the Swiss Franc is considered a ‘Safe Heaven’ for

    currency investors and also a major Reserve Currency for all central banks. The

    Swiss Franc was linked to the Euro until early 2015. The decision of the Swiss

    National bank to unlock the Swiss Franc caused one of the most volatile days in the

    Forex Market’s history.

    ◙ EURCHF Monthly Statistics:

    12/31/1999: 1.6000

    12/31/2014: 1.2028

    These are the monthly average returns of EURCHF based on 15 years of daily data.

    CALENDAR MONTH

     AVERAGEMONTHLY RETURNS

    TIMES(↑)

    TIMES(↓)

     AVERAGEDAILY 

     VOLUME(*)

     AVERAGEDAILY 

     VOLATILITY 

    JANUARY   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%

    https://www.ecb.europa.eu/http://www.snb.ch/en/https://www.ecb.europa.eu/http://www.snb.ch/en/http://www.snb.ch/en/https://www.ecb.europa.eu/

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    (↓)-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 (↓) calendar

    months: For drawing the Green Line, the following formula was applied:

    ● {{((NNuummbbeerr oof f BBuulllliisshh MMoonntthhss – – NNuummbbeerr oof f BBeeaarriisshh MMoonntthhss)) / / TToottaall NNuummbbeerr oof f PPeerriiooddss}} / / 110000

    ◙ Most Volatile Days of the Week to Trade the EURCHF

    These are the most volatile days to trade EURCHF based on the average pip range of 

    each day of the week.

    Monday Tuesday Wednesday Thursday Friday

    55 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 during

    also the US Session EURCHF shows significant activity.

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    ◙ Forex Brokers and EURCHF Trading

    These are some EURCHF Forex Brokers. Only ForexBroker Inc welcomes US traders.

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