EURUSD broke below the lower border of the price channel on 4-hour chart, suggesting that a cycle top has been formed at 1.3817 level on 4-hour chart...
EURUSD broke below lower border of price channel
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Forex Money Rain?
Money Rain Corporation is a Forex broker with a MetaTrader 4 platform that offers quite interesting conditions to its traders. Its description was uploaded to my site today. MRC offers trading mini accounts from $100. The most interesting advantage it has...
Bank of Canada Maintains Interest Rate at 1.00%
The Bank of Canada held its target for the overnight rate at 1.00%. The Bank noted on the Canadian economy: “While the...
Forex: Australia's Trade Deficit Widens In September
Thursday, the Australian Bureau of Statistics announced that Australia's trade deficit widened less than expected in September, with both imports and exports on the rise. Nevertheless, September marked the fifth successive month in which Australia has posted a trade deficit. The trade deficit rose...
EURUSD broke below 1.2241 support
EURUSD broke below 1.2241 support, suggesting that a cycle top has been formed at 1.2466 level on 4-hour chart. However, the fall from 1.2466...
Optimizing the forex trading system for USD/CAD: the optimal "trader patience" pans out
I am revisiting the case of USD/CAD on the day scale after a few important changes to the trading system optimization technique have been introduced. The entry threshold parameter, the one that controls the "patience" of a trading system or the amount of "excitement" about a trade idea needed to...