Day: October 30, 2016

October 30
2016

History Repeating with Another Double Top on AUD/NZD @ H4

The Australian dollar is demonstrating another double top pattern on a four-hour chart versus its New Zealand counterpart. The last time such pattern appeared (in July), the trade went smoothly by the book. This time should be no different as the pattern looks even better with the only exception being a slight downward slope. The yellow lines mark the two tops of the pattern and also its sloped neckline. The cyan line is […]

Read more
October 30
2016

Forex Brokers Update — October 30th, 2016

Another week without new brokers but with some updates: AAATrade stopped accepting deposits via WebMoney. Added euro, Great Britain pound, and Russian ruble as account currencies. PAMM, MAM, and managed accounts are now available to the broker’s clients. Standard accounts are now known as Novice. Added Expert and VIP account types with lower spreads and higher minimum account sizes ($5,000 and $25,000 respectively). HY […]

Read more