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Double Top on AUD/NZD @ H4

posted by Avatar topforexnews 3 hours ago in AUD, NZD, Technical

The double top (M-pattern) is now clearly visible on AUD/NZD chart in H4 timeframe. Like the symmetrical triangles on USD/JPY it was forming since May 16. read more
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USD/JPY Forms Symmetrical Triangles on H4

posted by Avatar topforexnews 4 hours ago in USD, JPY, Technical made popular 2 hours 36 minutes ago

USD/JPY has formed an almost ideal symmetrical triangles pattern on its H4 chart. The formation dates back to May 16. read more
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Probability Literacy Among Forex Traders

posted by Avatar topforexnews 5 days ago in Special, Trading Psychology made popular 5 days ago

Are you a probability literate person? Poll. read more
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EUR/CAD @ D1 — Long-Term Descending Triangle

posted by Avatar topforexnews 14 days ago in EUR, CAD, Technical made popular 14 days ago

The euro is giving the Forex traders another nice pattern — this time on EUR/CAD pair, specifically on its daily chart. This is a long-term descending triangle that started forming back in January 2012. read more
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Book Review: The Mental Strategies of Top Traders (Ari Kiev)

posted by Avatar topforexnews 18 days ago in Special, Trading Psychology made popular 18 days ago

It is the second book from the recommended list in the Diary of a Professional Commodity Trader by Peter Brandt that I have read. The book should have been called The Mental Strategies of Top Portfolio/Hedge-Fund Managers as it has little informa read more
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EUR/USD in May 2012 — Poll

posted by Avatar topforexnews 20 days ago in USD, EUR, Sentiment made popular 19 days ago

The currency pair has broken through the descending triangle pattern’s support, but seems reluctant to pass below 1.3 level. What is your opinion regarding the Euro/Dollar? read more
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Descending Triangle on EUR/USD Daily Chart

posted by Avatar topforexnews 21 days ago in USD, EUR, Technical

A large descending triangle has formed on the EUR/USD daily chart. Its beginning can be traced back to about February 16. read more
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Trade for Yourself or Trade for Others?

posted by Avatar topforexnews 34 days ago in Special, Trading Psychology

How would you prefer to build your Forex career? Poll. read more
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Technical Analysis, April 23rd — April 27th, 2012

posted by Avatar topforexnews 36 days ago in Technical, Gold, Oil made popular 36 days ago

The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of April 21st, 2012. read more
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Forex Technical Analysis for Week 04/23—04/27

posted by Avatar topforexnews 36 days ago in USD, EUR, Technical made popular 36 days ago

Technical analysis in form of pivot points, support/resistance levels and Fibonacci retracements for the next Forex trading week for EUR/USD, GBP/USD, USD/JPY, EUR/JPY and GBP/JPY. read more
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Commodity Prices — April 20th 2012

posted by Avatar topforexnews 36 days ago in Oil, Agriculture, Metals

Commodity prices for April 20th 2012. read more
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Copper — Positive Week But Fails Recover Previous Losses

posted by Avatar topforexnews 36 days ago in Fundamental, Weekly, Metals made popular 36 days ago

Copper is posting its first bullish week in a month as the traders decided to turn to the long side following reports on decreased production and betting on faster economic recovery. read more