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Another free e-book was added to EarnForex.com today — Killer Patterns by Philip Birchley. It’s very short — just 22 pages, including title, disclaimer and other “service pages”. The e-book talks about the strategy based on the MACD indicator and the chart trend lines. It’s very simple and easy to implement. Unfortunately, …

Build 381 that was released by MetaQuotes for MetaTrader 5 yesterday had many useful changes, but it also messed up with the standard libraries, rendering some of the working expert advisors useless. The problem still remains as of build 384 and probably won’t be fixed in the next builds.

The change …

The euro have failed to stand against the US dollar today when some important macroeconomic data was released. The first bearish wave was launched by the weekly employment data, but it was recovered in a correction, the second wave was launched by the housing data and it was more successful. EUR/USD is …

Spread Co was added to the list of brokers at EarnForex.com today. It’s based in United Kingdom and is regulated by their FSA. Overall, it’s quite an interesting broker — they offer not only the standard spot Forex trading, but also CFDs, commodities, equities, ETFs, ADRs and spread betting. It’s …

The US dollar dropped against the euro today. It was falling during the early trading session but it declined even farther when the macroeconomic reports were released in the United States. The euro also benefited from the good news from Eurozone suggesting that the financial authorities will strengthen their …

Not everyone can trade Forex successfully — some simply don’t have enough time to trade or to learn, others can’t reach a desired level of profitability; and not every Forex trader has enough money to live from his trading. That’s where PAMM (Percentage Allocation Management Module) accounts come …

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

…

The EUR/USD behaved rather jumpy this trading session with an early morning monthly peak, a correction after it and then a new wave up until now. The latter was caused by the series of the macroeconomic releases that came out in US today. EUR/USD is currently trading near 1.3370 after rising …

EUR/USD continued its rally today on optimism about the auctions of the European debt. It looks like demand for bonds of the indebted nations of the European Union increased after China and Japan announced their plans to help Europe. US economic data was positive for the most part today, but labor market continues …

EUR/USD surged today after it struggled at the beginning of the trading session as investors looked favorably on the auction of Portuguese debt. The euro also strengthened on speculations that China and Japan will buy European debt and that Germany will agree to increase the size of the European rescue fund. Data from the US was neutral …