The yellow is locked below black MA in H4 but the current H4 candle high is higher than the previous H4 candle. Will wait for the close of this candle to decide on keeping the trade. In H1, the yellow is locked above the black MA but H4 being the higher time frame is more important...
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Not exiting the trade yet, as the yellow is locked above black in H4. This being a retracement rather than a trend, slow upward movement could be possible...
This Formation telles us how the market move domw it's time to close position befor losing Best Regards lahcene...
At the close of the previous H4 candle, the candle did not close above the opening price to become a white candle, but it retraced enough to indicate a possibility of price going towards 1154.00...
refer to my previous post for more details https://www.mql5.com/en/blogs/post/645143 While there is a remote chance of the price retracing down to meet the MA in H4, i am still keeping my trade open, in the belief that the prices would go back to the high ZZ immediately to the current levels...
Testing on a real tick story - EURUSD,M1 (24.04.2015-24.06.2015): Initial deposit = 100.00 Spread = 10 Total net profit = 47.90 Profit factor = 1.96...
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A/B testing is a well known principle in Statistics for evaluating hypotheses. We are comparing two almost identical flows with a minor change in order to detect the perfect outcome. We can also apply A/B testing in the foreign exchange market for several aspects...
The Euro may be bottoming against the US Dollar taking after the presence of a bullish Piercing Line sconce design. A move over the 14.6% Fibonacci retracement at 1.0973 uncovered the 23.6% limit at 1.1291.Alternatively, a push belowthe 14.6% Fib development at 1...
Encourage you to read the 3 quadrant strategy from the website https://sites.google.com/site/hilotrades/buylow-sellhigh to understand the trading logic. The basic set up as per level 1 trading method is shown below: Entered an order with Level 2 and 3 confirmation. So ignore it for the moment...
Arguments GBPUSD Outside day inversion breaks week by week opening reach Overhauled targets & negation levels Occasion Risk on Tap This Week Specialized Outlook...
EUR/USD topped by 1.0960 After a brief automatic to the 1.0920 zone, or session lows, the pair has figured out how to recapture the upside energy and test the upper bound of the every day go in this way...
For today R4 - 1.5815 R3 - 1.5789 R2 - 1.5701 R1 - 1.5676...
Risk reversal (shown VIX) & workings of the reverse carry trade The reverse carry trade is what’s called an event driven strategy...
