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In reply, I present an excerpt from my coming book, The Sensible Guide To Forex. Forget the above patterns. For a really significant long term pattern, check out the mother of all double top patterns: First, here’s the very bearish looking double top ...

Chart of the Year: The Mother Of All Double Tops

More than a decade ago I got severally whacked for USD 50K when trading my first live Forex account. It was a lesson I’ll never forget. Afterwards I went out a bought $350 worth of books about technical indicators because I was determined to ...

Chocolate Flavored Heating Oil

Technical analyst Christopher Weaver has spent extensive time trading and studying the trends and movements of the foreign exchange market. With his new book, 4 Keys to Profitable Forex Trend Trading, available via Harriman House, Weaver aims to teach that ...

Christopher Weaver's New Book Offers the Secrets to Profitable Forex Trading

The Swiss central bank swung into profit in the January-December period, after posting a book loss of about 11 billion francs in the first half of last year, as the value of its currency and gold holdings increased.

Forex Gains Boost SNB's Coffers

Price pattern and the psychological environment (one and the same in my book) are ripe. The conditions that attend ... dailyfx.com Jamie is the author of Sentiment in the Forex Market. DailyFX provides forex news on the economic reports and ...

Stock and FX Market Psychological Environments at Precipice

News of a more positive nature came in the form the Fed's “Beige Book” which showed that for seven of the twelve regions surveyed, the last quarter of 2011 ended on a more upbeat note compared to the year before. Despite the year-over-year gains ...

World Bank Downgrades Global Growth Outlook

Click here to sign up for our next Free trading webinar...FOREX Trading Math! Up to 50% off of Carley Garner's books at BN.com, use promo code G2C3DJDYC9867 (mystery discount taken upon check out on one item) Was bond pullback a top, or a reload?

Was bond pullback a top, or a reload?

In the event of a default in a large country like Italy or Spain countless banks, funds and other institutions would be forced to book sharp losses. For some, taking such a hit will prove unbearable and they will be forced to go out of business ...

Forex: Top Trade Opportunities of 2012

However, what can negate the forex gains is the high foreign debt in the company’s books. There could be some surprise from the Japanese market, where revenues are expected to jump 50% in the quarter to `260 crore post the company’s acquisition of Irom ...