Day: November 3, 2013

November 3
2013

Forex Brokers Update — November 3rd, 2013

There is not much to talk about this update. Three brokers’ listings have been changed: GAINSY now supports MT4 in demo and all live account types. Added Arabic, Korean, Portuguese and Spanish to customer support languages. Now offers segregated accounts for traders’ funds. Allows usage of expert advisors. Entry conditions in Premium ECN account are lowered: $10,000 minimum account size, 0.01 minimum position […]

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November 3
2013

Double Top on GBP/USD Daily Chart

EUR/AUD is not the only pair forming a double top recently. If you look at the daily chart of the Pound vs. Dollar pair, it is easy to notice that the price has hit a significant resistance near the prominent twin tops (October 1 and October 23). The resulting double top pattern is an opportunity to cash out on the trend retracement of the bullish wave that lasted since July 9 this year […]

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