Stay away from this market or just trade PA, Long in Blue zone, target is Red zone Short in Red zone, target is Blue zone Stop is 20 pips below the Blue zone for Longs and 20 pips above the Red zone for Shorts...
In this short trade there were 2 major errors: 1) There was a nearby Major Demand signal. Even though a down trendline is nearby, with significant demand behind, there is a high probability that it’ll break, or that a significant rally is to happen, hitting the stoploss...
Click on my name above for more information Also read : Don't use stops: Hedge . There is an App For That https://www.mql5.com/en/blogs/post/474546 Today again a few friends call me and commiserate about the EURUSD they got wrong. Again some grid EA s with martingales blow up some accounts...
Hi guys, I am full time forex trader, managing for individual and corporate. I have some manual strategies and share my experience among forex community around my local area. Start from 2012 I spend more time in developing EA and tend to trade on automate system...
GBPAUD closed off quite successfully last night or should I say early morning? I opened my trade at 1.93595 and closed at 1.92446. However, this pair actually fell throughout the morning to about noon-ish New York time. It fell close to 1...
At 17th April, there was a significant selling climax in the market, marked by a green signal with a corresponding red volume in the histogram, at values way above the average...
For today R4 - 0.7740 R3 - 0.7687 R2 - 0.7670 R1 - 0.7635...
EURUSD BUY - 1.08757 SL-1.08404 TP1-1.08859 TP2-1.08997 GBPNZD SELL - 1.98885...
For today R4 - 1.0888 R3 - 1.0849 R2 - 1.0782 R1 - 1.0742...
The fund runs the full support and that run on a private server and are regularly inspected and maintained in the best of health, so that they can consistently benefit...
Forex Contest FX Choice is over. We traded automatically. Let’s see what have we got. Our tool set: Algorithmic Trading Data Mining Free thinkers...
Forex Correlations - This week Trading USDCAD,H1 This week we look at another currency pair USDCAD,H1 which was one of the most trending pairs. I have plotted Forex correlation indicator with all major correlations pairs on the indicator chart...
To be completely honest with you, I will tell you the following before you decide to go on to trading on currencies. There is no denying that all the Forex traders lose money on trades...
1. Strong background. Another alternative, since there was a resistance break-out, is if there were strong demand/major demand signals before the break-out. 2. Enter in a bar with low volume. There were also other previous valid bars. 3. Closed on trailing stop...
Have a look here on this Webpages, to see and learn about my "Expert Advisors". Sorry all this articles are write in german language here: http://wissen-wir-das.jimdo.com and http://sichtblick.com...
Euro/Yen has an established trend channel, that is validated since 6th April. It’s now bouncing off the lower line and getting near the upper part of the channel, which makes it an interesting pair to watch right now...
For today R4 - 1.0788 R3 - 1.0729 R2 - 1.0708 R1 - 1.0673...
Good night. Can anyone help me, I am having a problem when I want to load an aditional chart. I got the folowing message: C:\Program Files\FXCM Meta Trader 4\profiles\Leo\chart08.chr was not found...
Forex Correlations - This week Trading EURAUDH1 This week we look at another currency pair EURAUD1 which was one of the most trending pairs. I have plotted a dynamic Forex correlation indicator with all correlations pairs...
Today and tomorrow, I will go on posting opinions of outstanding investors and managers on the best financial advice they have ever received or given. Who is in the list? Joe Mansueto, chief executive of financial research firm Morningstar...