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EUR/USD advanced today as the US existing home sales unexpectedly declined in June. The currency pair was rising at the beginning of today’s trading session, later declined, was boosted by the home sales report, but currently tends to move down. EUR/USD trades near 1.4196 now.

Existing home sales declined to a seasonally …

EUR/USD pared losses today as Greek Finance Minister Evangelos Venizelos suggested that agreement among the European leaders on a way out of the debt crisis is “attainable”. The European Union politicians will meet in Brussels on July 21. The report on the US housing market was quite positive today and tomorrow’s report is …

Forex broker regulation is quite important to many traders, but many of them also pay a lot of attention to the country of origin of a given company. From my experience in communication with other traders, Switzerland, USA and Australia look to be quite popular host countries for traders that seek good online brokerage. …

EES FX ECN is an NFA-regulated Forex company based in the United States. Its description was added to the list of brokers on my site today. Apart from being a MetaTrader currency trading broker, EES FX also offers various technological solutions to Forex traders. As a broker they aren’t bad for a US company. …

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EUR/USD fell today for the second day as Fitch Rating downgraded Greece’s credit rating yesterday, increasing worries about the debt crisis in Europe. The current performance of the currency pair is result of a weak euro, not a strong dollar. The US currency isn’t supported by fundamentals as virtually all economic reports today were …

The modification of the EA to make it multi-currency was a tough job and resulted in a heavily modified code of my MT5 expert advisor. Today, I’d like to turn my head to a less complicated yet very important issue — proper position sizing in the ATC EAs.

The Problem

The ATC 2011 rules state:

The minimum trading amount

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EUR/USD erased its gains today on concerns that the European sovereign-debt crisis is spreading. The US PPI was negative last month, but retail sales unexpectedly grew and jobless claims dropped more than predicted. EUR/USD trades now near its opening level of 1.4163 after it jumped …

EUR/USD fell today after Federal Reserve Chairman Ben S. Bernanke suggested in his speech that the US central bank is ready for additional stimulating measures if that would be necessary. (Event B on the chart.) The fundamentals showed today positive tendencies in the US economy, yet import prices …

EUR/USD posted a huge slump today on increasing concerns about the debt crisis in Europe. Italy may need help and some experts claim that in such case the European Union would be required to increase its bailout fund. The currency pair erased its losses after the report showed that the US …