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EUR/USD trend: hold.
GBP/USD trend: hold.
USD/JPY trend: hold.
EUR/JPY trend: hold.

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EUR/USD went down slightly today after several important macroeconomic reports were released in the United States. With the indicator values being more negative for the dollar, the decline of the EUR/USD currency pair was more probably caused by the growth of the risk-aversion among …

EUR/USD went down slightly today after the bad fundamental data was released in U.S. The currency pair is still trading in a sideways daily trend that started on October 6. Dollar grows despite the poor macroeconomic statistics from U.S., because any bad market information is actually good …

As I write this post, my MetaTrader expert advisor is at the 9th position of the Automated Trading Championship 2008. Even if it’s a temporary situation, that’s great success for me, considering that my ATC 2007 expert advisor wasn’t even profitable. Currently my championship account equity is at $28,953.88 — up from the initial $10,000 account size. The championship …

EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: sell.
EUR/JPY trend: sell.

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EUR/USD is growing for the third day straight now. Although the gains are quite modest, the divergence indicators show that the current correction may turn into quite a large bullish wave for this currency pair. EUR/USD is currently trading at 1.368 — a gain of 37 pips from …

EUR/USD currency pair is growing for the second day in a row today after the Federal Reserve and the major central banks cut the interest rates to provide additional help to the tumbling markets. Fed cut the interest rate from 2% to 1.5%, Bank of England — from 5% to 4.5%, …

The expert advisors that work on one broker can stop working on another; the problem with them often lies in OrderSend Error 130. If you see Error 130 in the Log of your MetaTrader platform when your expert advisor should be opening a position, then that means that the stop-loss or take-profit levels are …

ForexGen, which began to operate on-line in 2006, is a Forex broker that offers quite interesting trading conditions, including MT4 platform, spreads as low as 0 pips and no overnight swaps. The spreads on the major currency pairs go do down to 1 pip for $5,000 and bigger accounts and decline to 0 for accounts starting …

EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: sell.
EUR/JPY trend: sell.

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