FX trading tips revealed by our experts who have used these methods to trade FX profitably.
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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