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

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One more MetaTrader expert advisor is now available for MT5. This time it’s Amazing EA, which is used to trade on Forex news. It wasn’t easy to convert this EA because it’s quite big and deals with both positions and pending orders. The new version utilizes …

The EUR/USD experienced significant volatility today as it was unclear whose economy is in worse shape — European economy or economy of the U.S. The number of jobless claims rose unexpectedly in the U.S., suggesting that the economic expansion may be lagging. Despite an unfavorable data from the U.S. the European Union debt crisis managed …

Got another MT4-only indicator converted to a full compatibility with MT5 today (now there are only 5 indicators left to be converted, counting those that I am not going to convert at all). It’s the Float indicator, which can be used to detect trends, their strength …

EUR/USD currency pair went up today, after experiencing some volatility, on speculation that European Union’s leaders will take measures to protect the region’s currency and after the U.S. economy showed signs of the struggling recovery. The increasing number of foreclosures and higher unemployment in the U.S. cause worries that the recovery pace won’t …

EUR/USD rose today for a second day after EU leaders promised that budget cut won’t destroy the economy of the Euro-zone and on unfavorable changes in producer price index and building permits. The reports suggested that the economic recovery in the U.S. may be slower. The European policy maker explained that planned budget cuts …

I’ve already written about the trade journal and its application in Forex trading a year ago. Since then I’ve been using the journal extensively myself and I saw many disadvantages in it that could be fixed. I won’t be going far into saying how important it is to have …

EUR/USD trades higher than the opening level after it tumbled earlier today. Though an outlook for an economic activity in the U.S. remains favorable, the level of optimism significantly fell. Yet significant increase of net long-term securities transactions signals that the dollar may resume its appreciation. EUR/USD trades currently at 1.2390.…

I’ve recently wrote a post explaining how VPS works in Forex trading and now I’m interested to know how many of my blog readers actually use or have used VPS in their trading. I must say that I haven’t used it yet in my real trading yet but I’m definitely going to do …

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

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