The comparison between trading and gambling is not a new one. Where there is money and risk involved, the correlation is bound to sneak into the conversation. A Forex trader can develop an addiction to trading as easily as a gambler can develop an addcition to gambling...
Samlple of using ToWave Strategy https://www.mql5.com/en/blogs/post/312436 Was closed 1 trade (case 2) on breakthrough H1-trend (II) with strategy rule (breakthrough M15-trend with breakthrough H1-trend) M15-chart...
I still plan to keep buying some EURCHF ahead of ECB announcements later in the week. Hope all the negative publicity has priced into EUR already. Typically buy the rumor see the fact might work here , hopefully. Also, I don't think almighty SNB will let CHF rise further...
For today R4 - 1.1748 / R3 - 1.1728 / R2 - 1.1669 / R1 - 1.1649 SPOT 1.1558 S1 - 1.1522 / S2 - 1.1460 / S3 - 1.1445 / S4 - 1.1376 SHORT AT 1.1570 FOR 1.1376, REVISED STOP AT 1.1669...
<iframe frameborder="0" width="220" height="140" src="https://www.mql5.com/en/signals/widget/signal/1c84"></iframe>...
Well guess what on USDCHF my EA on different timeframes was long 2 and short 5 . I thought I should have a look at this the EA is going crazy, then forgot about it . Wow it did so well...
Strategy description see in the topic "Trading Strategies" At this days I provided two successfull trades: 1) case №3 (picture 2 М15-timeframe) - sale trade is opened - М15-trend is crossed into Н1-trend direction (I) 2) case №5 (picture 3 М15-timeframe) - buy trade is opened - М15-trend is cross...
The principle of this strategy: 1) we build H1 and M15 trends using two last fractals of towave indicator 2) trade is opened when M15 trend is broken (crossed) through resistance point (+/- 3pips) in one case - with breakthrough H1-trend (situations 1,2,4) and in other case - in direction of H1-t...
if you are aware of opposing and attracting currency pairs, I think during the past few days you noticed that this pairs were showing off in a rewarding manner...
For today R4 - 1.1792 / R3 - 1.1751 / R2 - 1.1728 R1 - 1.1666 SPOT 1.1632 S1 - 1.1568 / S2 - 1.1505 / S3 - 1.1466 / S4 - 1.1445 SELL AT 1.1673 FOR 1.1445, REVISED STOP AT 1.1751...
For today R4 - 0.7977 / R3 - 0.7947 / R2 - 0.7927 / R1 - 0.7890 SPOT 0.7832 S1 - 0.7780 / S2 - 0.7766 / S3 - 0.7695 / S4 - 0.7682 BUY AT .7785 FOR .7947; STOP AT .7695...
Hours before the Swiss National Bank announcement to cut the LIBOR rate, there was a heavy supply signal in H1. Shorted right after that bar: The movement that proceeded : Exit right after that demand (green signal), for a total of +1375 PIPS...
Hey Everyone, I’m a trader based in Sydney, Australia. If you look at my account history you’ll see some pretty horrible results from 2011-2013 while I was testing out some different systems and EAs...
1. Background was weak at the time of entry 2. Enter in a low volume up bar near a down trendline 3. Exited on the trailing stop. There was a minor signal (the first dot), but I wait for 2 of those to exit...
I am planning to trade the USD Retails Sales news event. My plan is to make a news breakout trade and catch a move in either direction...
This is an incorrect way of trading the trendline setup. With the prices so far away from the trendline, whipsaws are much more likely...
For today R4 - 0.7947 / R3 - 0.7927 / R2 - 0.7872 / R1 - 0.7845 SPOT 0.7770 S1 - 0.7737 / S2 - 0.7714 / S3 - 0.7682 / S4 - 0.7619 SELL AT .7770 FOR .7619 OBJ, STOP .7845...
For today R4 - 1.1969 / R3 - 1.1951 / R2 - 1.1897 / R1 - 1.1871 SPOT 1.1841 S1 - 1.1787 / S2 - 1.1754 / S3 - 1.1703 / S4 - 1.1640 SHORT AT 1.1855 FOR 1.1640; STOP AT 1.1951...