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New Help Features At Trading Online – Free Download MT4 Platform (2)

Published on Mon, 2/03/09 | Trading Terms

As I’m sure you know, I have been upgrading all my sites to provide as much information as possible for you, and as well as the regular updates on all the currency pairs, we have recently added a host of new features to the site which I hope you will find useful in your currency trading.

First we have added live currency charts, which cover a huge range of currency pairs, including all the majors, the crosses, the exotics and many that you may never have come across. In all there are over 70 pairs to choose from including many of the Arabian currencies. To change the timescale of the chart simply hover your mouse over the chart and in the right hand corner the options menu will appear, from which you can select the options required. Next we have added an economic calendar which provides all the daily economic and fundamental news for the day and the next few weeks. Major news announcements are highlighted with an explanation and link to the issuing authority. Checking which markets are closed can be an issue, so we have added a page which provides a list of all the national holidays for every country for the year, making it easy to check which markets are open and which are closed.

If you are considering trading in the forex markets there is only one platform worth considering in my view, and that’s the MT4 metatrader software platform, the most advanced yet intuative trading software available. With a host of expert advisors available, combined with sophisticated yet simple order entry, execution, and stop loss management, then MT4 is the only platform to use. Secondly of course you need to open account with a reputable broker who offers an ECN bridge – in other words your trades are entered automatically into the market with no dealer or broker intervention, a huge benefit which allows you to scalp or trade in your preferred style, with no worry of slippage or of broker intervention on trading positions.

The MT4 platform from ODL offers all the above with the choice of either mini or standard trading accounts so you can begin to trade with a very small sum and build up slowly – why not download your free demo copy of the metatrader 4 software by clicking on any of the above links and get started today, and don’t forget to follow my daily posts for updates and analysis of the forex markets to help you with your forex trading – so good luck and good trading.

For the latest currency news we have added a TV video channel, which is updated twice a day, with a morning briefing session, followed by a lunchtime review. The morning session covers the main economic news of the day, and the later session reviews the markets with volume trends, bullish or bearish sentiment, and likely moves in the currency markets. For more general news we have added a live news page, which provides streaming news across a variety of markets. If you need help in choosing your fx broker, we have added a new page to help you, and my own personal view is always to have your currency trading account with an ECN broker if possible, as this allows you to trade against the market, and not against the broker.

Finally we have also added live index charts for all the major indices around the world, a comprehensive list of live stock charts again covering the major stock exchanges, and lastly live commodity charts for the major trading commodities such as oil, silver and gold.

I hope you find all the new features of help, and as always if you do have any questions please do drop me a line at the ask Anna site and I will get back to you with an answer as soon as possible – regards Anna

Covered Call Writing Options (5)

Published on Sun, 22/02/09 | Options, Trading Strategies

I’m about to get involved in covered calls. I notice you prefer one month just OTM calls yielding 3-5%/month. I find this strategy offers very little downside protection and it would be easy to quickly slip into a loss position. I’m a novice but writing 6-12 month ITM or ATM Canadian bank calls with much [...]


Hungarian Forint (1)

Published on Sun, 22/02/09 | Currency

I would like to bet on the Hungarian forint to weaken against the Euro. (a) What’s the best exchange and contract for me (I’m a U.S. citizen) to do this with, taking into account volume/liquidity concerns? and (b) what would be a good spread trade — in terms of size and expiry-months — to start [...]


Currency Futures & Options (1)

Published on Sun, 22/02/09 | Futures

Hello, I see where you have a lot of info on your sites about currency and currency option trading. However, do you recommend a service(s) for trading CME currency futures? And/or currency options? I may have overlooked this. Thanks for your time.


How To Start Trading (8)

Published on Sun, 22/02/09 | Trading Strategies

Hello Anna, hopefully you may remember me my name is Marcus.  We spoke a number of times but not for sometime. Unfortunately due to the current economic climate I had to leave my current company. I am very interested in your site and learning as much as possible to see whether I could develop some [...]


Miserable Days Trading On Friday (0)

Published on Sun, 22/02/09 | Trading Videos

The Dow Jones Industrial Average closed at its lowest level since 2002 with a fall on the day of 1.3%, along with the S & P which fell 1.1%. The Nasdaq was marginally better down less than 1%. Telecoms and materials were the best performing groups of the day, with utilities and energy being the [...]


Financial Spread Betting Market Rollover (1)

Published on Sun, 22/02/09 | Trading Strategies

Hi Anna. For financial spread betting, if I choose to let my daily market bet roll over to the next day, will I incur any cost other than the “relative funding rate”, even if the stock price is unchanged? What I am worried about is that I will also be charged for half the spread. [...]


Commitment Of Traders Reports (1)

Published on Sun, 22/02/09 | Futures

Hi Anna, I see that you use the change in open interest as an early indication of possible market direction change. I was wondering if you also use the Changes in Commitments from the previous week to help you in your decision for making the trade. I might be totally of base on this because [...]


Volume Spread Analysis (15)

Published on Sun, 22/02/09 | Trading Strategies

Hi Anna, I found your site because I was googling on Market Makers. Your articles on the topic was very helpful. It isn’t a topic that’s talked about much but it really deserves more attention. After all, any of us private traders are essentially battling against the MM. You’ve touched on a few examples and [...]


Stop Loss Placement (1)

Published on Sun, 22/02/09 | Trading Terms

Dear Anna, i am a small intraday trader. i want to ask a question, “where i have to set stop loss order”? in order to prevent more loss.


Spread Bets Currency (1)

Published on Sun, 22/02/09 | Trading Strategies

Anna, Fab site, first site I read when I got interested in trading earlier this year. I have now read many other sites, books and it seems to be paying off – finally in the black. I have been dipping my toe into FX trading using spread bets and so far I am showing a [...]


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Oil Prices & UK Pound

Hi again Anna Sorry forgot to say that I have noticed the oil prices falling. Could this be the reason the pound is getting stronger? Kind regards John

COT Data – Commodities

Hello, After reading your COT Report introduction I wonder if you could send me chart and chartdata for CAD/USD futures? If you have data for gold and silver futures I would be very grateful!!! I just got killed in the us dollar rally….. I was long gold and silver L Regards Kenneth

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Hungarian Forint

I would like to bet on the Hungarian forint to weaken against the Euro. (a) What’s the best exchange and contract for me (I’m a U.S. citizen) to do this with, taking into account volume/liquidity concerns? and (b) what would be a good spread trade — in terms of size and expiry-months — to start [...]

Spot Forex

Dear Anna, I want to know how do individual investors or institutional companies with huge funds trade spot forex? Do they use online brokers like small traders or is there any other way which is more secure? I read that you recommend splitting account with another broker if we are to trade more than 100K. [...]

Broker Risks

Dear Anna, I came across your excellent article on “Choosing your Broker”. I opened an account with OANDA because they provide the services I need (online trading and multicurrency accounts with conversion between currencies at dealing rates). Their spreads are close enough for me, as I don’t plan to do “scalping” or “news trading”. The [...]

Long Term Trends Euro Dollar

Dear Anna, If you can tell what do you expect for a long term investment for about 2 – 5 years… Is it better to invest in Dollar or Euro…and what in short term till November and December. What do you expect Euro and Dollar outlook in the given circumstances… Hope to receive ur reply [...]

Become A Full Time Forex Trader

Hello Anna, Your site is an inspiration. I have been thinking of becoming a full time FX trader for the last year, and I have been reading up a lot on it. It seems risky but on the other hand it seems like just what I need. What you do for a living is what [...]

Retail Forex

Hi Anna Firstly, keep up the great work on the site, I find myself constantly referring to it every few days. Sorry for the e-mail but I just wanted to pick your brain about something. What do you think the retail Forex business will look like in 1-2 years from now after all this has [...]

Start Currency Trading

Hello Anna, I am new to currency trading and have not yet invested any money as I’m still studying the business. Can you tell me where some good places are to get the news for fundamental analysis. Basically where is everyone else looking. I would like to study the effects of different news reports. Also, [...]

Currency Options Trading

I have never bought or sold currency options. With the U. S. dollar devaluation, I would kindly appreciate your description of how I may purchase currency options to try and overcome the U.S.dollar devaluation. I am a senior citizen with very limited experience in purchase and selling of stock options. Thank you Michael

Forex Trading

Hi Anna, Whilst browsing thru “ezinearticles.com” site I navigated to your link – Wow!!! I have only read a few pages so far and decided to stop and send you this e-mail. I’m blown away by the clarity, completeness and honesty of the free information you have provided. It’s exactly what I need at this [...]

Forex Broker Oanda

Anna, Do you have any experience trading with Oanda? Would you trust this company with 25K-50K of trading capital? They have an excess of capital to the tune of about 38 million. This is according to the US futures & commodities web site. Your comments are appreciated. Thank you. Leo

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Currency Futures & Options

Hello, I see where you have a lot of info on your sites about currency and currency option trading. However, do you recommend a service(s) for trading CME currency futures? And/or currency options? I may have overlooked this. Thanks for your time.

Commitment Of Traders Reports

Hi Anna, I see that you use the change in open interest as an early indication of possible market direction change. I was wondering if you also use the Changes in Commitments from the previous week to help you in your decision for making the trade. I might be totally of base on this because [...]

COT Report Open Interest

Hello Anna, Thank you so much for very nice and clear explanation of COT report.I have a question that what platform are you using to get cot data as in your website you have shown graph for open interest as well as a sentiment and momentum indicator.I am a new trader and don’t know how [...]

Futures Trading Online

Hello Anna, I am currently gathering information with view to trading futures contracts;many think I’m off my head, but I can see great potential (if careful), when all this madness settles down. My area of research at the moment are futures contracts: position and price limits and, how to evaluate any future broker; I have [...]

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Covered Call Writing Options

I’m about to get involved in covered calls. I notice you prefer one month just OTM calls yielding 3-5%/month. I find this strategy offers very little downside protection and it would be easy to quickly slip into a loss position. I’m a novice but writing 6-12 month ITM or ATM Canadian bank calls with much [...]

Option Trading Strategies

Hi Anna, First and foremost, I would like to thank you for this wonderful site that you have with it’s rich contents. I have learnt a valuable lesson in understanding how trading mechanism works and how to invest wisely in financial markets. I’m humble by the courage that you have, in creating a niche for [...]

Trading Online Options

Hi Anna, I was reading your section on Options Trading (link below). I have an options account already set up in Australia but am now based in the UK.  I would be very interested in being “personally introduced” to the brokers at Interactive Brokers with a view to hearing about the T&C’s and possibly setting [...]

Options Trading Volatility

Hi Anna. On your “trading plan” web page, http://www.trading-plan.co.uk/options-trading-plan.htm you’ve cited as part of the straddle setup: IV current > HV past HV current < HV past IV current > IV past Should it not be written as IV current < HV Past and IV current < IV past???? We are looking for an expansion [...]

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Best Stocks To Buy

Hi Anna – a simple question for you – what are the best stocks on the market now to buy?

How Stock Markets Work

Anna, I was interested to read your piece on how markets work. The ‘nuts and bolts’ always seem to be skirted over or assumed in other accounts I’ve read, but I’ve always been a bit unsure as to how the price mechanism works. For every seller there must be a buyer, and I couldn’t understand [...]

European Stock Markets

Hello Anna Thank you very much for your reply. The products I would be interested in would be on European Stock markets, and also SP 500, E-mini, Options, Futures, etc. No Forex, no commodities, no warrants. Initially I was interested with NYSE and NASDAQ, but now the dollar has gone down so much, I could [...]

Risk & Money Management

Hi Anna, I am Fernando from Sydney, Australia. I only started to get into the trading stuff. While I was researching on risk management I came across your site. Thank you and great stuff!! Congratulations!! My question is about the 1% risk per trade rule. In your examples you are not considering fees or taxes. [...]

Stock Chart ICI

Anna, Regarding your downthrust example with ICI and given the size of the gap, I would have assumed that professional money had flowed out of the stock, as this action typically suggests a prolonged move lower. In this case, a recovery is highly unusual. Regards David

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Covered Call Writing Options

I’m about to get involved in covered calls. I notice you prefer one month just OTM calls yielding 3-5%/month. I find this strategy offers very little downside protection and it would be easy to quickly slip into a loss position. I’m a novice but writing 6-12 month ITM or ATM Canadian bank calls with much [...]

How To Start Trading

Hello Anna, hopefully you may remember me my name is Marcus.  We spoke a number of times but not for sometime. Unfortunately due to the current economic climate I had to leave my current company. I am very interested in your site and learning as much as possible to see whether I could develop some [...]

Financial Spread Betting Market Rollover

Hi Anna. For financial spread betting, if I choose to let my daily market bet roll over to the next day, will I incur any cost other than the “relative funding rate”, even if the stock price is unchanged? What I am worried about is that I will also be charged for half the spread. [...]

Volume Spread Analysis

Hi Anna, I found your site because I was googling on Market Makers. Your articles on the topic was very helpful. It isn’t a topic that’s talked about much but it really deserves more attention. After all, any of us private traders are essentially battling against the MM. You’ve touched on a few examples and [...]

Spread Bets Currency

Anna, Fab site, first site I read when I got interested in trading earlier this year. I have now read many other sites, books and it seems to be paying off – finally in the black. I have been dipping my toe into FX trading using spread bets and so far I am showing a [...]

Trading Timescales

Hi Anna…found your web on google…very informative…been trading for a short time now on indices…1m.5m.15m….but wish to try longer time frames…weekly or daily but the wider stops are off putting….need your advice…many thanks…..Alex

Trading Currency Psychology

Hi Anna, Thanks for sharing your experiences and insights. Your articles are very clear and helpful. At present, I am working through 2 books on how to trade currencies – 7 winning strategies (Grace Cheng) and a book in the Dummies series, and I will be taking some psychological tests such as Myers Briggs to [...]

Using Bollinger Bands

Very nice site–and who is the prettyredhead. Well, my dear, hate to be prickly, but I’ve got to stand up forBollinger Bands. I don’t know what the textbooks insist on the matter,but BBs do work well, e.g. in outlining range and breakout areas;trades off the top and bottom bands (in conjunction with pivot points,etc.); price [...]

Covered Call Writing

Anna, Thanks for writing your series of articles on trading, they are the clearest and most logical articles I have seen on the subject. I have a SIPP, from the time I was self-employed, and it is currently with Selftrade. I think that Covered Call Writing is a strategy that I would like to use [...]

Trading Signals

Hi Anna, I am still on the circuit – thanks for all your help and I hope you and yours are all fine and enjoying our wonderful unpredictable summer. I had intended to be live trading by now (as I had mentioned below back in May). As yet not ! Working on optimising success (if [...]

Display 0 | 1 | 3 | 5 Stories

New Help Features At Trading Online – Free Download MT4 Platform

As I’m sure you know, I have been upgrading all my sites to provide as much information as possible for you, and as well as the regular updates on all the currency pairs, we have recently added a host of new features to the site which I hope you will find useful in your currency [...]

Stop Loss Placement

Dear Anna, i am a small intraday trader. i want to ask a question, “where i have to set stop loss order”? in order to prevent more loss.

Euro Dollar Doji Hammer

Good Afternoon, Some analysts are predicting a Doji hammer close today regarding the EUR/USD pair. I am open long at the moment. Is my position going to improve with this prediction or deteriorate rapidly?? I quick answer would help. Regards, Eduardo

Online Trading Books

Hello Anna, I”m a Canadian middle-aged woman and would like to start VERY small with online trading, until I can educate myself more thoroughly. Are there any books that you can suggest that I read? Thank you for your website – I’m studying everything on it and learning a lot. I’d love to trade for [...]

Stop Loss Money Management

Anna, Thanks so much for this fantastic website, in particular the bit on money management. I am about to start trading and have taken all the advice to heart. One thing – the broker I am with offers guaranteed stop-loss orders at a premium, to prevent incurring losses should something ‘unforeseen’ happen. Could I ask [...]

Short Selling

Good morning Anna Thank you very much for your answer but my main question was: How these short-sellings could affect the market? How do the market makers know about deals between brokerage firms and their clients? Is it because for each transaction the broker has to hedge into the real market? Thanks Anna NB: Every [...]

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Miserable Days Trading On Friday

The Dow Jones Industrial Average closed at its lowest level since 2002 with a fall on the day of 1.3%, along with the S & P which fell 1.1%. The Nasdaq was marginally better down less than 1%. Telecoms and materials were the best performing groups of the day, with utilities and energy being the [...]

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