Tuesday, 30 April 2013

The new €5 banknote is introduced in all the euro area countries

The first banknote in the new series will be the €5 banknote, which will be issued on 2 May 2013.

Euro banknotes and coins are legal tender in 17 of the 27 Member States of the European Union, including the overseas departments, territories and islands which are either part of, or associated with, euro area countries. These countries form the euro area. The micro-states of Monaco, San Marino and Vatican City also use the euro, on the basis of a formal arrangement with the European Community. Andorra, Montenegro and Kosovo likewise use the euro, but without a formal arrangement.

Monday, 29 April 2013

Weekly trader’s Horoscope by the IAFT (29.04—05.05)


Aries (21.03 - 20.04) On Monday and Friday, you will have a completely workless mood, thus it is better to stay out of the market these days. Otherwise, you can become confused when choosing the most appropriate methods and make the wrong decision due to being productivity-challenged. In the middle of the week, you will become much more active and productive, since your good spirits and positive attitude will recover you. When doing the chart analysis, it is recommend to use technical indicators. It is also wise not to neglect your intuition — it will not let you down.

Taurus (21.04 - 21.05) This week may be successful for Tauruses, but they should be active and assertive as well. Also, if you treat you problems with creativity, you will manage to achieve very good results. When trading Forex, mind the cross-rates — this time they have a greater prospective. Those traders who work in the stock market are advised not to introduce any innovations, but follow the usual methods. If you are working with the real estate or precious metals, you can expect a very profitable capital investment.

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Churchill's Portrait to Grace Britain's New 5 Pound Note

This computer generated image provided by the Bank of England Friday April 26, 2013, shows the concept design for the reverse of the new 5-pound note, with a picture of former British Prime Minister Winston Churchill. Bank of England Governor Mervyn King made the announcement Friday at Chartwell, Churchill’s former home, surrounded by members of the late leader’s family. The bank says the note is likely to be issued in 2016.

  Cherchil En

Friday, 26 April 2013


Part 1


Macro-based An investment strategy driven by macroeconomic considerations.
Maintenance (Margin) Minimum margin ratio above which margin account balances must remain. Falling below will trigger a margin call, whereby a customer will be requested to either deposit funds or sell securities in order to return the maintenance margin to an acceptable level.
Managed Float Type of exchange rate regime whereby central banks regularly intervene to stabilize/control the movements of an otherwise floating currency.
Manual Trading Process of inputting trades manually without an API.
Manufacturing Production Economic indicator that measures the total output of the manufacturing component of industrial production.
Margin Minimum deposit required to maintain an open position.
Margin Account Type of account that allows leveraged (i.e. on credit) buying and selling.
Margin Call Oral or written notification requesting a customer to either deposit funds or sell securities in order to return the maintenance margin to an acceptable level.

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Tuesday, 23 April 2013


The EURUSD Remains in Narrow Range

The EURUSD was lowly decreasing towards the 30th figure first, then – to the level of 1.3015. Afterwards, it started increasing to the resistance at 1.3070 and dropped back to 1.3033 during the Asian session. The first day of the new trading week turned out to be like this, and there happened nothing new to the EURUSD pair. It remains in a narrow range, which will surely be broken, but hardly anyone knows the time period and the direction as well. It is indisputable that if the euro passes the support at around 1.3000, the rate will decrease towards the 29th figure. If the bulls make their way above 1.3070-1.3100, their chances to test the 1.3200 level will be dramatically increased.

Author: Anthony Porter, IAFT Analyst

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Friday, 19 April 2013

Voting on the IAFT Awards website continues


The IAFT Prize Awards, whose organizer is the largest professional community in Runet, the Internatonal Association of Forex Traders is ready to take stock after the first round of the voting for the customer services' leader in the Forex market. The voting is holding on the 14th nominations on http://iaftawards.com/en/ and everyone can cast a vote in favor of any specific company. In order to proceed, you should simply go to the Awards website, select the nomination you are interested in or select several nominations at once and click "Vote" opposite the company which should win the first place in this category in your opinion.

Thus, on April 19, 2013 we have the following results:

The best broker of the CIS - FOREX MMCIS group
The best broker of Europe - FxPro
The Best broker of the year - Admiral Markets
The best broker of Great Britain - FXCM
The best cent broker - Forex4you
The best broker of Asia - FOREX MMCIS group
The best broker for trading with advisors - NordFX
Opening of the year - FreshForex
Dynamic development - ICM
Capital Innovative broker - Larson&Holz
The best IAFT partner - RoboForex
The best magazine for traders - Fx-Factor
The best bank-broker - Dukascopy
The best ECN broker – NordFx

You still have a chance to influence the voting returns.
The final results of the independent voting will be announced on May 17, 2013.

Hurry up and make your choice!
Cast your vote for the company that is worthy of victory!

Wednesday, 17 April 2013


The EURUSD Increases to Figure 32


Yesterday, it was a successful day for the EURUSD bulls. After the pair's another decrease to the 1.3029 support is was bought again, but this time, it is was at the full mercy of the bulls. Consequently, this euro managed to overcome the resistance of 1.3120-1.3140 and increase up to 1.3201, having increased above the level of 1.3171. Thus, the outlook has been substantially improved, and the bulls may rely on the pair's continued increase that is also proved by the Parabolic SAR below the price chart. However, there is the 100-day MA which is running at current levels, thus it may make the bulls' efforts difficult. This time, the pair is to be fixed above 1.3140-1.3120, otherwise yesterday's efforts will be in vain regarding the bulls.

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Thursday, 11 April 2013

Union's News / New Broker in the IAFT Traders Contests: Real Trade

IAFT traders contests

Dear IAFT customers!

We are glad to inform you that the list of the participating companies in the IAFT Traders Contests has been replenished with one more company - Real Trade.

Having started participating in the Contests, you can receive a valuable trading experience and start earning without investing anything. IAFT cares about their customers doing everything to make your start in Forex easy, successful and profitable!

Best regards,
IAFT Administration

Read other union's news.

Wednesday, 10 April 2013

Voting on the IAFT Awards website continues!

Currently, the leading positions are being held by:

The best broker of the CIS - FOREX CLUB
The best broker of Europe - BetOnMarkets
The Best broker of the year - Admiral Markets
The best broker of Great Britain - ActivTrades
The best cent broker - RoboForex
The best broker of Asia - FOREX MMCIS group
The best broker for trading with advisors - RoboForex
Opening of the year - FreshForex
Dynamic development - AForex
Innovative broker - Grand Capital Ltd.
The best IAFT partner - RoboForex
The best magazine for traders - FOREX MAGAZINE
The best bank-broker - Dukascopy
The best ECN broker - Dukascopy

You still have a chance to influence the voting results.
Make your choice!


Let's determine the best brokers together!

Tuesday, 9 April 2013

Union's News / Mayzus - New Participant of the IAFT Traders Contests

Dear IAFT customers!

The list of the IAFT Traders Contests participants has been replenishing and this time, the Mayzus company has been added to it. You have the opportunity to test the work operation of this broker in demo mode and earn real prize money without investing anything as well.

mayzus En

IAFT cares about their customers doing everything to make your start in Forex easy, successful and profitable!

Best regards,
IAFT Administration

Friday, 5 April 2013

Voting for the Best Broker Continues

The IAFT Prize Awards serves to determine the best companies in their segment. We invite all participants of the financial markets to influence the voting results and cast their vote for a specific broker who is the leader in each of the represented categories to your judgement.

Vote for the best broker here.


The voting will last till May 17, thus you have one more chance to influence the final results.

Cast your vote of the best!
Your voice can be decisive!

Wednesday, 3 April 2013

Union's News / Partnership Payouts in RVD Markets Limited Increase

Dear IAFT customers!

Partnership payouts in RVD Markets have been increased, thus we raise the rebates amount for trading with this broker by 36% of the commission depending on the customer's sales volume. In order to see a more detailed information on the amount of your rebates from RVD Markets Limited, you should log in to your Personal Office on our website and enter the "Partner rules" section.

  RVD Markets

This time, you can receive even more rebates when opening an account in RVD Markets Limited through the IAFT!

Do not miss a favourable offer!
IAFT makes your trading safer and more profitable.

Best regards,
IAFT Administration

Tuesday, 2 April 2013


Labor Productivity Type of economic indicator that measures the growth in labor efficiency for producing goods and services.

Ladder Option Type of Option that locks in gains as the underlying asset reaches predetermined price levels.

Lagging Indicator Any economic indicator that reacts slowly to economic changes, and therefore has little predictive value.

Lapse Refers to an option that has expired worthless.

Lay Off The act of carrying out a transaction in order to offset a previous transaction and return to a square position.

Lesser Developed Country (LDC) Term generally used to describe a nation with a low level of material well being. There is no single internationally-recognized definition of developed country.

Leading Indicators Economic indicators that are used to forecast economic activity because they change before the economy does.

Leads and Lags Effect on foreign trade payments of an anticipated move in the exchange rate, typically a devaluation, whereby importers and exporters speed up or slow down their payments to try to achieve the most favorable conversion rates.

Leverage (Margin) The ability to borrow money to fund trading/investing activity. The amount that can be borrowed varies between brokers, and is quoted as a multiple of maximum position size to deposited funds.

Liability Generally, a claim on a company’s assets. In forex, the obligation to deliver to a counterparty an amount of currency at a specified future date, in connection to a forward or spot transaction. 

Limit Order Type of buy/sell order which cannot be executed unless a specified minimum or maximum price, respectively, is satisfied.

Limit Price The specified price associated with a limit order.

Limited Convertibility The condition whereby a currency cannot be freely exchanged (especially by primary users of that currency) for other currency. 

Line Chart Most basic type of chart, which plots a series of price levels over time and connects them with lines.

Liquid Market When there are plenty of lots of a particular currency being bought and sold every day.

Liquidation Transaction that offsets or closes out a previous position. 

Liquidity Refers to the ability of an asset/currency to be easily converted through an act of buying or selling without causing a significant movement in the price and with minimum loss of value. 

London Interbank Offered Rate (LIBOR) Daily reference rate based on the interest rates at which banks borrow unsecured funds from other banks in the London interbank market. It is roughly comparable to the U.S. Federal funds rate. 

London International Financial Futures Exchange (LIFFE) Association composed of the three largest future exchanges in the UK. 

Long When transacting in a currency pair, the long currency is the one listed first. The goal of being long is to profit from currency appreciation.

Lookback Option Type of option that allows the holder to "look back" at the prices of the underlying asset during the life of the option in order to select an optimal exercise price.

Loonie Slang term for a Canadian Dollar. Lot Standardized quantity in forex, composed of 100,000 units of a particular currency pair.

Monday, 1 April 2013

Weekly Horoscope (01.04—07.04)

Aries (21.03 - 20.04) Applying methodical and measured approach to their work, Aries will achieve good results in trading this week. You will be thoughtful, able to conduct the in-depth analysis of the market and competently execute your transactions, thus your account will be enlarged. On Wednesday, it wise to expect good news, which will improve your mood. This, in turn, would change your plans: you will either postpone your business trip or activities that you will be happy to avoid. But this does not mean that they will be canceled entirely. It means, you will have a plenty of time to better prepare for them.

Taurus (21.04 - 21.05) The nearest working week will be neither bright nor full of unexpected events, but in your own routine rhythm of life. The most favorable trading day — Tuesday, and fundamental indicators would be rather beneficial to you when analysing the market, thus keep track of the economic calendar. In addition, Stars advise you to avoid transactions in cross-rates, and it is advisable to give preference to those trading tools you have worked with before. The end of the week is favourable for self-analysis, as well as planning in the near future.

Gemini (22.05 - 21.06) Gemini are having ups and downs this trading week. The first two days you did not go so far as to adjust to market trends, and you are likely to incur significant losses. But do not be upset! Starting from Wednesday, you can organize yourself and trading fortune will smile again. Thus, you should be highly concentrated to brilliantly practice your analytical skills and have your losses reimbursed – those losses you suffered from trading at the beginning of the week. During the weekends, you will have a replenished deposit, which will improve your mood.

Cancer (22.06 - 22.07) This week is going to be successful for Cancers, but only if they show their diligence and dedication. Unexpectedly good results in trading would be due to the fundamental analysis. Most likely, some news would provide you some wise ideas, and you will earn a good profit. Thus, Stars recommend you not to neglect the views of your fellow-professionals. Some of them can provide you with the essential help due to their good advice, thus you can avoid dangerous decisions and actions regarding your trading account. On Friday, expect an invitation to visit your friends.

Leo (23.07 - 23.08) This week, Lions will be active and energetic that would have a positive impact on your traing results. Representatives of this sign, who work in Forex should pay more attention to the technical analysis, as well as support-resistance levels. In addition, Stars say that trading the Japanese yen can bring you unexpected profits. Lions, who earn in the stock market, are wise to start purchasing new shares — the heavenly bodies portend you very good deals during this period.

Virgo (24.08 - 23.09) During the first half of the week you will be subjected to excessive emotions, thus your actions may be impulsive and reckless. Try to control yourself, and if you trading strategy allows — then, it is better to refrain from executing transactions. These days, our mechanical trading system can be a good alternative to work independently in the financial markets. On Thursday, your energy will gradually fade away, and you can switch to manual trading again. If your work is related to precious metals or real estate, it is wise to expect a good profit on Friday.

Libra (24.09 - 23.10) Libra will be lucky this week. You can even let yourselves take some risks in the financial markets, since the heavenly bodies portend good profits in almost all your transactions. But it does not mean that you can act recklessly and irresponsibly at all! You will make good money only if you are cautious and work hard. You should focus on technical analysis, and try to trade new instruments. Trading commodity currencies and cross rates will be profitable in the Forex market.

Scorpio (24.10 - 22.11) Scorpions will feel a surge of strength and energy at the beginning of this week. You will be the facile in everything you do. You will manage to work everything out in trading as well. Only on Wednesday, there will appear an unforeseen situation that would threaten your deposit. But if you correspondingly react to the market changes, you will not feel any negative consequences at all. By the end of the week your account will be significantly replenished, and you will be able to afford an expensive purchase during the wekend, which you've been dreaming of for a long time.

Sagittarius (23.11 - 21.12) Sagittarius will be cold-blooded and calculating in coming days that is certainly very good for trading in general. If you work in the Forex market, the "bearish" position, as well as trading the EURUSD pair will be the most profitable for you. The British pound can bring you good profits, but if you trade it against the U.S. dollar. The "second tier" shares can be profitable for you as well, but in the stock market. Either on Thursday or Friday, you may have some conflicts at work — it is possible that it is you who would provoke it. But your wisdom will be enough to settle the things right and draw conclusions for the future.

Capricorn (22.12 - 20.01) On Monday and Tuesday as well Capricorns should await the news from the dealing center you are working with in the Forex market. Most likely, you will be informed about some trading developments you will be happy about, and this will make your work more comfortable in the foreign exchange market. During the second half of the week, you should be careful when trading the British pound and the euro as well. In order to correctly analyze the charts, you are to use technical indicators. In addition, Thursday-Friday are good to invest in the real estate or other traditional assets — precious metals, antiques, etc..

Aquarius (21.01 - 19.02) Aquarius will successful in trading at the beginning of the working week. You will be able to demonstrate your excellent analytical skills and have every right to call yourself a strategist of vision. You will be very thin to feel all the most opportune moments to enter the market and leave them as well – this will bring you good profit during the first half of the week. During the second half – you should devote your time to expanding your business contacts, as well as establishing business contacts. There is a high probability that you will achieve financial independence in the future, which will be due these beneficial business relationships.

Рisces (20.02 - 20.03) Pisces will have many irons in the fire, as well as household chores during this week, thus you will not able to commit yourselves to trading insofar as required. Your attention will be distracted, thus Stars suggest that you should neither open new positions this tim, nor experiment with the trading strategy. Perhaps, this is the right time when you are better to focus on one thing. If you see that you will not manage to accomplish your proceeding neither at work, nor at home. Thus, it is better to focus on one thing, and the rest of your thisngs will finished next week.