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USD/CAD H4 — Descending Channel Pattern

Today, it’s time to look at the new channel pattern — the descending one on the USD/CAD H4 chart. It has enough lower and upper border touches and is[...] read more »
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Biggest One-Time Forex Profit

Last time, I’ve asked about the biggest loss encountered by you in Forex trading. That can be kind of an embarrassing thing to talk about as not many[...] read more »
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The 5 Steps to Becoming a Trader E-Book

his extremely short (only 5 pages!) PDF e-book lists and describes the 5 steps of becoming a Forex trader. The steps are the fundamental psychologica[...] read more »
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USD/JPY Horizontal Channel on Daily Chart

A channel pattern has formed on the daily chart of the USD/JPY currency pair. While it’s not exactly horizontal, it can be traded as such without a p[...] read more »
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Biggest One-Time Forex Loss

What's your biggest one-time loss in Forex? Poll. read more »
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Forex Hourly Statistics for Major Currency Pairs

I’ve created a script that would gather the (High — Low) values and calculate the average for every hour of the day. Then I applied it to several maj[...] read more »
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Do You Scale Up Your Positions? Poll.

So today, it is time to find out your opinion regarding adding to a position, whether it’s winning or losing (both have their pros and cons). read more »
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My Forex Forecast for 2012

I remind you that you shouldn’t consider this forecast as a serious call to action or something worthy of using in your trading. Just look at my prev[...] read more »
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Book Review: Diary of a Professional Commodity Trader (Peter L. Brandt)

Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading turned out to be a rather unique book in a way that it's the only Fo[...] read more »
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Scaling In — a Good Alternative to Single Entry in Forex?

Today, I’d like to talk about “scaling in” — a technique that’s used to enter a position at more than one entry point before closing it. read more »
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Forex Chart Patterns Popularity Poll

I would like to know what are the most popular chart patterns among the FX traders. Before proceeding to the poll, I’d like to describe the possible [...] read more »
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USD/CAD Daily Chart Shows Symmetrical Triangles

Symmetrical triangles is often a reliable continuation pattern, but this time it continues a rather short-term trend, which can result in a tricky tr[...] read more »
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EUR/CHF Ascending Triangle on Daily Chart

Another ascending triangle pattern can be easily seen on the EUR/CHF daily chart, unlike the one of the EUR/CAD chart, this one is actually continuin[...] read more »
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Ascending Triangle on EUR/CAD Weekly Chart

Ascending triangle is one of the best trend continuation patterns. The one has recently formed on the EUR/CAD weekly chart. It’s lasting from Februar[...] read more »
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Another Channel Pattern — This Time on EUR/AUD W1 Chart

Another channel pattern for today was formed by the EUR/AUD currency pair on the weekly chart. It dates back to late August 2010 and is a really good[...] read more »
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