- December 21, 2020 Do we get tax benefits on Personal Loan?
- December 18, 2020 The solicitors Preston depends on for stress-free compensation claims
- December 16, 2020 eToro: History and Key Features
- December 11, 2020 Canadian Dollar Pauses 2020 Rally Against US Peer Amid Falling Crude Prices
- December 11, 2020 Pound Crashes Against Dollar As No-Deal Brexit Appears Imminent
- December 11, 2020 USD/JPY 104.57 High Starting a New Bearish Leg?
Day: February 24, 2013
February 242013
MetaTrader Script to Add Parallel Channels
Sometimes, I post a sort of chart pattern analysis that often consists of channel patterns — descending, ascending or horizontal. They all share some common traits: Each one has a main pattern — a channel. On my charts, it is marked with yellow lines. Each has two entry lines for channel breakouts. The upper one is located at upper border + 10% of channel’s height. The lower one is located at lower […]
Read more
February 242013
Descending Channel on 4-Hour EUR/JPY Chart
An interesting trading opportunity is presented by the EUR/JPY chart. A well-formed descending channel finalizes the rising trend that lasts since mid-November. While the pattern’s edges are rather rough, the overall look of the channel suggests a high probability of success on a breakout. Since it is a continuation pattern, a bullish breakout should be a preferred trading signal. The chart below shows the descending channel delimited using the yellow dashed line. The breakout entry […]
Read more