As of 01/10/2024, the results of the analysis of the fractal structure of the graph of the dynamics of the values of the MICEX stock index (MOEX) give reason to assume that in the fractal structure of the graph there is a formation of a fractal, indicated in blue, representing the 1st segment of...
SSX Titan Setup Guide In this short guide I will show you how to install and configure the SSX Titan TT EA. Trusted Broker After purchasing the EA, simply drag & drop it onto the XAUUSD (Gold) chart with the timeframe H1 : These are the maximum values. The EA settings will then open...
Chart Automation for MT4: Put your Ideas into Actions! If you are trading with MT4 and you're not a programmer, there is very little you can do in terms of automation...
Deal with XAU/USD. A pending buy stop order placed on 10/06/2023 for the XAU/USD instrument at 1873.56 with a volume of 0.02 lots was triggered on 10/11/2023 at a price of 1873.60. The dynamics of XAU/USD quotes as of October 11, 2023 shows that it is likely that the fractal indicated in Fig...
Introduction: The allure of financial success in the forex market has drawn countless individuals seeking wealth and independence. However, statistics reveal a harsh reality – a significant number of traders end up facing failure rather than fortune...
Introduction: The foreign exchange (forex) market, often touted as the largest financial market globally, offers immense opportunities for those seeking financial success...
The euro-dollar exchange rate (EUR/USD) is still trading in a lateral phase, but I do not find any concrete possibilities of breaking the psychological resistance at 1.10 and it could remain confined between 1.09 and 1.10 without any particular surprises, at least for the rest of the week...
If the initial deposit is $1000 on a HIGH RISK micro account use the parameter settings below: Currency pairs: EUR/USD Timeframe: M30 Leverage: 1:500 Swap free account (forex robot will hold floating loss for weeks or even months) Parameter settings for EUR/USD, M30: MINIM_DAILY_PROFIT = Minimum...
In the Year of the Dragon, let’s pay attention to the Chinese yuan. It seems there is not something interesting about it. But don’t you know, there are actually two yuan? And both of them are Chinese. This is a rather strange and atypical monetary system. Interesting? Read on...
The euro-dollar exchange rate (EUR/USD) continues to experience very fluctuating trading sessions without a clear directionality and could impose itself upwards only after exceeding the target of 1.11400. In the best case scenario for the bulls, once the 1...
From a technical perspective the EUR/USD pair is struggling with a 20 SMA at around 1.0950 while a directionless 200 SMA provides support around 1.0845, the first support level for this week...
Hello traders, Today I spotted 2 trading setups and l placed 4 positions in total. 3 of them were in green and 1 of them was in a half loss. My first trade was a long setup on USDCAD M30...
Start. Deal with XAU/USD. Fishing is one of the most ancient ways to get food and there is no person who does not know how to catch fish with a fishing rod. Rod, line, float, weight and hook. What else is needed, besides bait on a hook, in order to catch fish...
There is no universally "best" trading model in the Forex market as the effectiveness of a model depends on various factors, including market conditions, individual trading styles, and trader preferences...
1. Trend-Following Models: Definition: These models aim to enter in the direction of the existing trend. Use of Indicators: Moving Averages, Trendlines, and trend confirmation indicators such as the Average Directional Index (ADX). 2...
Long-Term Traders: Long-term traders may place more emphasis on entry, as their decisions often rely on thorough analysis and long-term market trends. Short-Term Traders (Day Traders, Scalpers): Short-term traders may prioritize precise exits to capture small, quick profits...
Entry Points: Technical Analysis: Utilize chart patterns, trendlines, and technical indicators to identify potential entry points. Look for confirmations from multiple indicators to strengthen your trading decisions...
The world of Forex (foreign exchange) trading offers a myriad of possibilities for individuals seeking to generate income. However, it's essential to approach this market with caution, understanding the associated risks and making informed decisions...
According to statistics, USD/JPY (US Dollar/Japanese Yen) is among the top three most traded currency pairs in the Forex market. This is facilitated by the pair's high liquidity, which ensures narrow spreads and favourable trading conditions...
