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The new Forex trading strategy that was added to my site today is the Combined Stochastic Oscillator/MA strategy, which is based on of the Forex videos that I’ve seen recently. The basic principle of this this strategy is rather simple. You have a long-term trend confirmed with …

A somewhat rough symmetrical triangles pattern has formed on the D1 timeframe chart of the GBP/JPY currency pair. Considering the general bearish trend on this timeframe period, the pair has an elevated chance of breaking for a downtrend with a target somewhere close to 137.50. A signal would be a close below the lower border of the triangle with …

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

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My latest conversion from MT4 to MT5 code is the ZigZagOnParabolic indicator. The original indicator (as well as its MT5 version) is an improvement over standard ZigZag indicator that uses the data from Parabolic SAR (also a standard indicator) to calculate ZigZag peaks and bottoms. The indicator is also moderately …

After Greece, an European Union member which adopted the euro since it was introduced, had a downgrade on its credit rating by Standard & Poor’s for the second time this year, the EUR/USD currency pair dropped to the lowest level in three months, as it signaled that not all bloc members are …

The EUR/USD currency pair rose today after the Federal Reserve announced that interest rates in the United States will remain at a record low for an extended period, this fact declined speculations that rate hikes could come sooner-than-expected, halting a rally for the greenback versus the main traded currencies in foreign-exchange markets. At the moment …

The EUR/USD currency pair continued to fall today as optimism towards the U.S. economy and a change in Federal Reserve monetary policy attracted more investors to purchased dollar-priced assets. In Europe, a frustrating economic sentiment report forced the European common currency down versus most of the main traded options in foreign-exchange markets and touched the lowest …

In many Forex guides for beginners and various tips that can be found on-line, a great deal of advices are dedicated to the demo trading period before switching to the real account trading in Forex. Some of them recommend trading for at least a month on a demo account before depositing money, others recommend reaching a certain …

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

…

The EUR/USD currency pair dropped to the lowest levels since early October today as the fundamental indicators in U.S. showed that the country is performing better than the traders and the investors expected previously. Although the Wall Street is trading quite mixed, the dollar is performing well against everything on Forex. EUR/USD is …