FX trading tips revealed by our experts who have used these methods to trade FX profitably.
As Chris from FX Strategy pointed out in one of his most recent videos, the EUR/CHF pattern looks very bearish. Read more >>
A FX EA is an expert trader, which is the terminology used for an automated trading system. There are 100s of EAs that can be obtained if you search hard enough. Some are free, some cost as little as $5 and some cost several thousands of dollars. Each EA FX system will interface with an online trading platform. Usually these systems are based on technical analysis indicators or chart patterns. Read more >>
Since scalping relies on making profits from very small movements in foreign exchange rates, it’s only really feasible if you trade on high leverage since you need to invest a significant amount to make any serious money. Read more >>
At the end of trading on Friday, a very interesting pattern emerged in the USD/CAD daily price chart. A possible head and shoulders bottom has emerged. Read more >>
A lot of interest will be focused around the AUD/JPY when trading begins this week. The AUD, which has rallied significantly against most currencies, is starting to show signs of weakness, most notably against the JPY as illustrated in the chart below which has formed a double top. Read more >>
If you have been following the plight of the JPY since the earthquake you will know that it has been hit significantly falling against all major cross currencies, however, the MACD indicator shows that the currency might be oversold and set to rally against major cross currencies. Read more >>
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