USDJPY: Spotted with a bearish H&S pattern.

USDJPY continued the down for the second consecutive week, USD weakness dominated. July FOMC meeting, Preliminary US GDP estimate,  BoJ minutes and CPI numbers are the risk events. Trading range remains in a tight range. […]

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AUD data preview and technical view.

AUSDUSD has finally broken out the 15-month supply zone. Rallies to 2-year high’s on RBA minutes. Last week RBA’s Debelle speech revealed, RBA isn’t happy with the AUD appreciation. CPI figures and RBA Gov Lowe’s […]

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In which countries I do not pay taxes on Forex trading?

Here are a list of countries where there is no income taxes. If forex is your sole income, there is no need to pay taxes on Forex: Oman Andorra Brunei Bermuda Kuwait Bahamas Monaco Vanuatu […]

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What does ECN mean?

ECN is the abbreviation for: Electronic Communication Network (ECN). The network is created by a centralized software that connects major brokers, traders and liquidity providers so that they can trade directly amongst themselves without going […]

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