What the major currencies are expected to do next

Looking at the COT data for the US Dollar and the Major Currencies we can see a bit of picture into what will likely happen next over the next few weeks. Read more on the markets update page. password is usa. The page is here www.brainyforex.com/us-dollar-index-analysis.html

As noted in the market update, most traders and trading systems would have been struggling over the past 4 weeks as the markets have been moving in a sideways pattern.

KeltnerPro EA has redeemed itself after the CHF price shock. It trades on the 5 minute chart and is thus less affected by the sideways market. the To view the results, visit the testing page.

If you have ever wondered if there is a substantial difference between ECN accounts (whereby a commission is paid) vs non-ecn account? (whereby commission is taken out from the spread). Well, over the last 3 weeks I have compared a ecn and non- ecn account, running the same EA on the 1 hour charts and found there is a BIG difference. A 20% difference in profits! Lets see if this large difference continues?

PS - There are also a couple of good free candlestick books added to the free course page here www.brainyforex.com/free-forex-trading-course.html

Regards

Fritz Gewerth
www.brainyforex.com

PS - Spread the word about brainyforex.com. "Blowing the lid off scammers!"