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Day: June 8, 2014
June 82014
Forex Brokers Update — June 8th, 2014
Like a week before, only one new company to list this time: Darwinex — a British Forex broker regulated by the Financial Conduct Authority. They claim to offer STP direct market access accounts based on MetaTrader 4 trading platform. The spreads are extremely low, but are compensated by commission. Minimum account size is $500. Quite a few brokers have been updated during the week: Forex4you added a new […]
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June 82014
Symmetrical Triangle — Further Uptrend Possible on CHF/JPY
Nine months after my post about the ascending triangle on CHF/JPY, the currency pair has finally given some more or less clear signal on what it is going to do next. Judging from the definite uptrend preceding the current symmetrical triangle formation, the bullish breakout is highly probable. The yellow lines on the image below show the borders of the symmetrical triangle. The cyan line is my entry level that is positioned at the distance […]
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