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Day: October 20, 2013
October 202013
Do You Use Our Position Size Calculators? Poll
For quite some time we are offering our free position size calculation tools to traders. They are of two types: online calculator form and downloadable MetaTrader indicator. The former was introduced more than 5 years ago in February 2008; the latter — just over 18 months ago. I believe that the online calculator is a better solution when planning out some hypothetical trades or when you have […]
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October 202013
EUR/AUD Double Top — Two Trade Setups on One Chart Pattern
The double top formation is visible on the daily EUR/AUD chart since at least September 4. Unfortunately, I failed to recognize it as a fully formed pattern. Perhaps, that was not such a bad mistake considering the price action that followed afterwards. Currently, the currency pair shows two rather different entry setups that exploit the same pattern. Today, when I finally turned my mind to this double top, I spent about […]
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