Search ForexCrunch

After another exciting week in forex trading, the weekend arrived and its time for some long term articles. Here are my favorite picks from the web:

  • Macro Man discusses the similarities between the eve of Lehman Brothers’ collapse and the current Greek crisis in his amusing way.
  • Larry Greenberg sees a benign market environment for an economic recovery – yes, despite the deteriorating Greek crisis.
  • Adam Kritzer sees gold rising as an alternative currency – he shows the changing patterns in gold trading and compares it with EUR/USD.
  • James Chen launched his new book – Essentials of Technical Analysis for Financial Markets. Given Chen’s extensive knowledge and great technical analysis skills, this forex book probably stands out from the crowd.
  • Michael Storm, on Casey’s site, asks traders an important question – what are you searching for? Many traders don’t know what they are doing and why.
  • James Wooley gives a recent example of how a double bottom + divergence created a high probability setup for him.
  • Francesc Riverola states that forex needs to improve price execution on limit. Brokers didn’t provide the best possible price on limit orders during the big gap on April 12th. Time for a change!
  • Andrei reports about the release of the MetaTrader 5 Strategy Tester. He compares the differences between this version and the one for MetaTrader 4.
  • Michael Greenberg reviews a new social network in town – MeetFX, and discusses the different approach it takes.

That’s it for now. Have a great weekend!