Hello, and a very warm welcome to another of my financial trading and investing sites, where I hope I will be able to continue to answer all your trading and investing questions. As many of you know, I used to provide this service using email and simple forms on each site, but in the last few months the level of spam has increased dramatically, at times making it very difficult to identify genuine questions. As a result I have now moved to this site which is very secure, and provides a spam free way for me to receive and answer your questions.
All you need to do to ask a question is to to complete the simple form below with your email address, and I will then get back to you with the answer, along with posting the details here for others to read. Please don’t forget that in addition to reading my answers, you are also welcome to comment on these if you have a different view or perhaps disagree with something I have said.
As always, I hope you find the site both useful and informative and I look forward to receiving your questions as before. Please do keep them coming in and as always I will try to answer them as quickly as possible. Thank you all for your continued support and good luck with all your trading and investing – kind regards Anna
It is great that there is a place you can get real answers to questions.
May 2nd, 2009 at 1:37 am
Hi Anna,
Firstly, Thankyou for what I have found to be, a very informative site for a beginner in forex. I really treasure each page of the making bread series.
I was hoping to trouble you for the list of brokers that meet the minimum $5 million mark? Don’t worry I am not about to start trading just yet… there is much hard work and backtesting to be done before I even attempt to gain a pip
Kind Regards,
Mark
August 7th, 2009 at 5:05 am
8 Aug. 2009
Hi Anna
Please let me know the ECN Broker that you use
or the best none NFA Regulated ECN Broker.
Waiting your reply at your earliest while appreciating
your assistance.
Thank You.
Frank Richardson
Canada
August 8th, 2009 at 2:02 pm
I am looking for long term trends on GBP v Dollar
Can you recommdend sources of info
Thank you
August 27th, 2009 at 10:17 am
Anna, I am a citizen of and live in the USA. My son lives in the UK. I have heard from him about NS&I Guaranteed Income Bonds. Can I buy them? Can he help me?
Thanks,……..Reynold
August 28th, 2009 at 5:06 am
Hi Anna,
I have been reading your postings and have found them to be insightful.
I am wondering if you can suggest a forex trading room for me.
I have been trading stocks and etfs for about a year and eminis for 6 months. I am looking for a trading room where the moderator trades large contracts live ( not simulated trading). That way I know that he/she belives in what they preach. I am a conservative trend trader placing between 0 and 4 trades a day using only candles, support, resistance, volume,and a few moving avarages. I want to trade 4:00 to 10:00 AM ET ( Philadelphia) so I think I am best with a room in the UK or Europe.
Thanks!
Alan
September 3rd, 2009 at 3:52 pm
Hi Anna,
I follow your daily oil posts and would like to know the reasons why you pick the moving average lengths that you do. i.e. why do you choose the 9 day and 14 day rather than say the 5 day, 13 day. 20 day?
Thanks
Dave
September 6th, 2009 at 5:43 pm
Other than my own site: http://www.netdania.com is a good free source. I suggest you set up the chart with 3 moving averages – I use 9, 14 and 40 periods for a view to the longer term. The direction of this pair will, of course, be dictated by the fate of the US dollar which if it continues to weaken at its current rate could see the gbp/usd rate heading back towards 2. However, do not underestimate the dollar’s capacity to return from the dead especially if last year’s credit crisis were to return later this year. Hope the above helps & take care.
September 13th, 2009 at 5:08 pm
As explained in a separate email as a US citizen you are precluded from purchasing these products. regards. Anna
September 13th, 2009 at 5:10 pm
Hi Mark
Delighted you find the site useful and even more delighted you are taking time to research and read around the forex market. You will find the most recent up to date list of brokers at http://www.cftc.gov (look down right hand side bar under “financial data for fcm’s”. Good luck and good trading. Anna
September 13th, 2009 at 5:46 pm
Hello Anna
Just found your site and am starting to digg in-seems like and endless source of knoledge-thank you for your effort to put it up
i am new to forex-still study the bits
my tendency is for buff trading-price action
question is: how do you identify the psycology of the market?
September 21st, 2009 at 9:24 am
Hi Julien
thank you for your kind comment on trading online help – market mood of panic and complacency (fear & greed to most people) can be gauged in a number of ways – i tend to use the VIX and credit spreads. You should also follow the money – is it going into safe havens (gold, treasuries) or riskier assets such as equities & commodities. It’s a question of trying to understand market sentiment. In addition there is a very good site called marketpsych which has developed a “fear” indicator & that’s always worth a visit.
Hope the above helps and good luck.
Anna
September 22nd, 2009 at 2:36 pm
Hi Anna
I’m a beginner in forex trading and I just discovered your informative site which I enjoy reading. Would you be able to tell me where to find info regarding daily currency option barrier and/or currency option expiry. I noticed they do have an impact in currency price movement. Pls advise. Many thanks.
September 23rd, 2009 at 11:00 am
hi suggest you look at the ise site which should have the info you require.
September 23rd, 2009 at 11:12 am
Hello Anna, thank you so much for your wide array of info. FYI—> I have been following your info on http://www.spot-silver.com/, and the chart page, but there is no info there today–it is just a blank page on the first and the second says that it is still opening after several attempts and 30 minutes of waiting on the last attempt.
September 29th, 2009 at 2:38 pm
Ah, it did open when I used the Opera browser, but Safari is having problems with it today–but not in the past (this is FYI and I just found the other place to contact you instead of here) Thanks, Michael
September 29th, 2009 at 3:35 pm
Ok, here is a real question: What do you mean by your recent comments “Euro `feels bid’ under USD1.4550, traders say, but longs get little satisfaction from that trade, euro earlier crushing stops under USD1.4560/50 area for lows at USD1.4538.”?
“Feels Bid”–does this mean that people are buying the Euro/USD under 1.4550 expecting to go long?
Do you mean that the Euro/USD is in a trading channel, just bouncing between 1.4550 and 1.438 and that you don’t expect it to go lower?
September 29th, 2009 at 5:27 pm
Hi Anna,
Firstly I like to congratulate you and thank you for your amazing, helpful and educational websites. Back in June I bought some stock in this company and in September we were given dividents. The payment will be made in the 16th of October. Yesterday before the stock market closed, there were large volumes of shares being sold, they amounted to almost 2 Million pounds which brough down the price of the stock slighlty. My question is, if I decide to sell my shares on monday, will I loose the dividend payment being made on the 16th of October?
Generally after the dividents are paid, do shares prices come down? I would like to speacialise in equity trading, what you you recomend me to read?
Thank you very much for your help.
Anna
October 3rd, 2009 at 11:38 am
Hi Anna,
Firstly, congratulations for a brilliant webite and thank you very much for all this information. My question is related to stock. A few months ago, I bought shares in a company and quite recently we were given ex dividents in this company. The ex dividents were given in mid Sept and they will be paid in mid October. If I sold my shares before being paid, would I loose my dividents? Once dividents are paid, do share prices go down?
Thanks for your help in advance.
Anna
October 5th, 2009 at 2:40 pm
Hi Anna,
How are you? First off, let me congradulate you on a great site! Comprehnsive yet easy to read. Thank you!
I have been doing some betting on betonmarkets.co.uk for some time and had some success and would like to more on to currency options trading. And this is where I am having dificulty. I subscribe to a newsletter called the Dynamic Wealth Report where I have a subcription to the currency options section. This is a US based newsletter and I can’t seem to open a currency options account in the UK that allows me to trade like described in the newsletter….!!??
For example, I was advised a few days ago to buy Australian Dollar December 2009 $89 Calls at $1.85 or better (XDALK). This I perfectly understand but I do not know how to execute this order with a UK on-line broker?? I looked at Saxo Bank which offers FX options trading but their platform does not seem to correlate with what I have read in the Dynamic Wealth Report newsletter of what I should expect to find, i.e. what selections to make, buttons to press, etc…. Is there such a great difference between the US and te UK? Can I not trade in the same way, with the same terms? I would greatly appreciate some clarity or hepl in this matter.
Many thanks for your time and help, it is much appreciated.
Best wishes,
Chi
October 8th, 2009 at 10:22 pm
Hello…brand new to hear, i´m english, but now reside in colombia, so technically, i´m a non resident, can i trade for tax purposes in England
October 15th, 2009 at 9:07 pm
Dear Anna,
Am a FX newbie.
What are the times that correspond with CLOSING prices for the EURGBP pair?
Am I correct with the following?
1. Daily closing price: 4pm EST
2. Weekly closing price: 4pm EST on a Friday
3. Monthlyclosing price: 4pm EST on the last weekday of the month
In anticipation, many thanks for your help!
With best rgds
Ben
October 17th, 2009 at 8:20 am
Hi Anna,
Could you please explain the recent big moves in the WTI front months spreads. They have been decreasing in price and I am aware this is known as ‘contango’ but would like to understand why this has happened so sharply in 2 weeks, plus why it has not occurred in Brent.
Many thanks
Dean
December 3rd, 2009 at 3:23 pm
Hi Anna,
I want to start trading commodities, could you suggest a broker to do this please. I have never traded before but would like to become a online options trader, do I need to do some stock trades for a couple of years as your site suggests before the brokers will allow me to hold an options account or is there a way they can let me do this straight away.
The reason I want to start with commodities is that in recent years there has been one commodity each year that has seen a meteoric rise. Wheat, oil, rice, soyabean, sugar, are examples, and I feel that there will be one such commodity this year too that will do this. Do you agree, can you suggest which commodity to watch out for, or which areas to do research in.
Many thanks in advance.
S.kaz
December 11th, 2009 at 9:52 am
dear Anna ,
i loved your idea about teaching women how to trade , cause trading is not a speciality of men ,
I am interested in advertising on your website in order to promote our financial trading platform HY Markets (www.hymarkets.com) and our new launched website http://www.piptrade.com .
HY Markets is a division of HY Investment which is a leading capital markets trading firm that has an operational history of 30 years and specializes in foreign exchange and CFD’s on commodities, metals, equities, indices, and treasuries. With offices in major cities in three continents, our group is one of the most established in the financial services industry.
Can you please send me your media kit along with pricing information and available inventory.
Looking forward to hearing from you soon
December 11th, 2009 at 1:59 pm
Thanks a lot for providing such useful info to become a successful trader. my que. is that according to you which is the most suitable or accurate time frame study in a chart for intraday trading and short term trading (3-5 or 7 days) i am too much confused in it.
with regards
December 18th, 2009 at 6:02 pm
Dear Anna,
Thouroughly enjoyed your site and the wealth of info provided. I know you swear by the Mt4 platfom. Rather i saw a video on how easily brokers are able to manipulate their clients trades via indicators pre set allowing the broker to delay the order routing process to insure worse price for the client, stop outs, ensuring price does not reach take profit orders, freezing the platform and or disconnecting the live feed and other heavenly tricks to trip up the client.,
Also i wondered what indicator you use for fx spot to guage volume. as the Mt4 format is calculated by tics and is in my view inaccurate.
Many thanks
January 27th, 2010 at 6:46 pm
H anna ,
could you reccomend a good Fx Ecn broker Many Thanks
January 27th, 2010 at 7:33 pm
Hi Anna,
I am seriously thinking of trading on line, however I am very new to this game and plan to develop a clear strategy and trading plan before even starting out at the low risk level.
Realistically how much can you begin trading with? I appreciate it depends on how much you want to put at stake. I just would like to see if I can start small and see if I am any good first.
Would love to begin trading in the next few months.
Thanks for your help
Rgds
Gaynor
January 28th, 2010 at 3:52 pm
Hi Stephen
Delighted you have enjoyed reading content on the site and hope you have had a chance to look through some of the others as well. I am a fan of MT4 but would only recommend using the platform with an ECN broker who will allow both scalping and the use of expert advisors.. You can check this out yourself here with a free download
which I hope helps. All best wishes and many thanks once again - AnnaJanuary 29th, 2010 at 8:09 am
Hi Stephen
Delighted you have enjoyed reading content on the site and hope you have had a chance to look through some of the others as well. I am a fan of MT4 but would only recommend using the platform with an ECN broker who will allow both scalping and the use of expert advisors.. You can check this out yourself here with a free download which I hope helps. All best wishes and many thanks once again – Anna
January 29th, 2010 at 8:11 am
Hi Gaynoir
Many thanks for your question – it does ofcourse depend, but you will find many online brokers who will offer accounts starting with a few hundred dollars – these are very tempting particularly in Forex where you have very high leverage ( in other words you are borrowing money from the broker to trade in the markets). There are two reasons most traders fail – first due to a lack of sufficient trading capital, and secondly due to trading without a stop loss or proper money management rules. I have covered all these issues on several on the sites and as a novice would suggest you start with my first site which was designed to those just starting out and covers all the basics including the above – the link is here for you – trading for beginners – hope this helps and good luck – Anna
January 29th, 2010 at 8:16 am
Hi Anna,
I have been trading currency futures for a couple of years without much luck yet. I have been looking into Forex and I like the idea of being able to adjust my lot size and risk on a trade. I couldn’t do this in the futures market. I have been trading a demo account for a couple of months now and am doing very well because I can control my risk according to my account size and actually trade according to my plan. Now I am trying to wade through the broker minefield and I need your help. Can you send me the brokers that are 5mil market cap and up. Also in your opinion, is mbtrading.com an honest broker. They seem to meet all the criteria on your website. I never had all these issues concerning brokers in the futures market. I am determined to make it as a trader and I realize now after blowing up several accounts that account preservation and a written down plan that is followed to the letter is paramount for success.
Thanks for all the info you provide for the small trader in a big traders world,
David Cearfoss
cearfoss@comcast.net
February 6th, 2010 at 6:31 am
Hi David
Many thanks for you kind comments and I am delighted to see that you are continuing to trade, despite the setbacks which I’m afraid we all suffer as part of the learning curve. The encouraging thing is that you are still in the game, and eager to succeed, which is half the battle. As you say, you HAVE to have a trading plan – it is vital, and no matter how simple or complex, you have to stick to it as it will keep stop you trading on impulse, which we are all tempted to do from time to time. The most dangerous is after a few good trades when we think we are invincible in the market! So please check out my trading plan site which should give you some ideas – as I say it can be a few lines or very complex ( simply is generally better) but you must stick to it at all times. With regard to your other points, I’m afraid that I cannnot comment on MB, not because I don’t want to, but simply that I have no experience of them, so cannot give you any feedback I’m afraid. The broker that I use and recommend uses the MT4 platform, which I find invaluable for my trading, and as they are an ECN broker you will have no issues with them trading against you – they are currently providing a free demo download of the platform and I have included a link here for you – MT4 demo – I hope you find this useful. Finally I now provide regular daily forex and commodity market updates and analysis by email, so if you would like to subscribe to these ( all free ) then simply visit any of my sites and you should find the link – just complete your name address and email and you should start receiving them straight away ( I have included the link here just in case -<a href="”> free market analsysis )
I hope the above is of help and please do keep in touch – all best wishes and good luck with your trading – keep going – you will succeed in the end – kind regards Anna
February 6th, 2010 at 2:44 pm