|
9+ years
experience
|
2
products
|
36
demo versions
|
|
1
jobs
|
0
signals
|
0
subscribers
|
Francis Dogbe
Everyone is waiting for EURUSD to start trending upwards......lol. But the market is always unpredictable :(
· 4
Francis Dogbe
If only FORWARDTEST could be as fast as BACKTEST...... :)
I would have made millions or blown my account to $0... hahahahaha :p
Crazy thought..
I would have made millions or blown my account to $0... hahahahaha :p
Crazy thought..
· 4
Hoang Ngoc Thach
2014.12.19
actually, backtest mode on Mt4 have problem. :D I can find many EA work good on backtest, but only backtest :D
Francis Dogbe
If there’s something you must deal with sooner or later, sooner is better. If it’s going to be difficult, it’s going to be even more difficult when you keep putting it off and putting it off.
Go ahead and act. Go ahead, deal with it, and get it out of the way.
Instead of putting your energy into worry, anxiety and procrastination, put your energy into handling the situation. Do yourself a favor, and quickly do what must be done, so you won’t waste your life dreading it and avoiding it.
Don’t obsess over how difficult or inconvenient it is. Instead, remind yourself how great you’ll feel to get beyond it.
Get out ahead of what you must do by going ahead and getting it done. That puts you in the enjoyable position of being able to do whatever you choose to do.
Life has its burdens and necessities, and you have what it takes to deal with them. Deal with them quickly, decisively and successfully, and free yourself to live on your own highest terms.
— Ralph Marston
Go ahead and act. Go ahead, deal with it, and get it out of the way.
Instead of putting your energy into worry, anxiety and procrastination, put your energy into handling the situation. Do yourself a favor, and quickly do what must be done, so you won’t waste your life dreading it and avoiding it.
Don’t obsess over how difficult or inconvenient it is. Instead, remind yourself how great you’ll feel to get beyond it.
Get out ahead of what you must do by going ahead and getting it done. That puts you in the enjoyable position of being able to do whatever you choose to do.
Life has its burdens and necessities, and you have what it takes to deal with them. Deal with them quickly, decisively and successfully, and free yourself to live on your own highest terms.
— Ralph Marston
· 5
Francis Dogbe
Cheap Things Are Very Expensive....... hahahahahah :)
· 9
Matthew Todorovski
2014.12.18
Often cheap things are cheap for a reason... you end up repairing it more often, buying another one to replace the original, or with EAs you suffer more losses.
But price doesn't always determine good value!
But price doesn't always determine good value!
Francis Dogbe
Global stocks were mostly lower Wednesday Dec. 17, 2014 as oil prices tumbled again while investors waited for a U.S. Federal Reserve statement on monetary policy.The U.S. stock market is closing with its biggest gain in more than a year after the Federal Reserve said it was in no rush to raise rates. The Federal Reserve indicated Wednesday it was moving closer to raising rates from record lows because the U.S. economy and job market are strengthening. The Fed said it would be “patient” in its approach to raising rates.
The Standard & Poor’s 500 gained 40 points, or 2 percent, to 2,012, the largest increase since October 2013.The Dow Jones industrial average rose 288 points, or 1.7 percent, to 17,356.The NASDAQ climbed 96 points, or 2.1 percent, to 4,644.Energy shares rose the most Wednesday as oil gained. Bond prices fell. The yield on the 10-year Treasury note rose to 2.14 percent.
The Standard & Poor’s 500 gained 40 points, or 2 percent, to 2,012, the largest increase since October 2013.The Dow Jones industrial average rose 288 points, or 1.7 percent, to 17,356.The NASDAQ climbed 96 points, or 2.1 percent, to 4,644.Energy shares rose the most Wednesday as oil gained. Bond prices fell. The yield on the 10-year Treasury note rose to 2.14 percent.
· 3
Francis Dogbe
Today's moves in the market really crippled some account, especially some good signals i have been monitoring for sometime now...:(
· 4
Matthew Todorovski
2014.12.16
Good for some always means bad for others... it is a zero-sum game - the money must come from somewhere!
Francis Dogbe
I hate Christmas.... :)
· 6
[Deleted]
2014.12.14
2
Matthew Todorovski
2014.12.14
Yes, markets are too quiet. Everyone else is happy except me. Everyone else is on holidays except me.
Francis Dogbe
After six months of Bearish move from the EURUSD and GBPUSD, i think tables are turning now. i predict Bullish for this month.
· 2
Francis Dogbe
i think Downdrawn value should also appreciate in number when performance of the trading account also improves overtime... What do you think? ;)
· 2
[Deleted]
2014.12.11
I agree
Francis Dogbe
Now.... EURUSD is up up up
· 6
Matthew Todorovski
2014.12.06
Well, it is not really anything "secret": “Crash, depression, currency wars . . . trade wars and then real wars."
Trends researcher Gerald Celente predicts war in the Middle East leading to WW3. He says, “It is out of control. What are people waiting for–an Archduke Ferdinand moment?”
Celente thinks Israel bombing Syria means World War 3 is on its way. The cycle leading to war started with the crash of 2008. Celente says, “Crash, depression, currency wars . . . trade wars and then real wars. That’s what we’re seeing again.” Celente charges, “This is a proxy war against Iran because when Syria is choked off, then Iran is left alone surrounded by enemies. So, that’s what we’re really looking at. The end game is Iran.” What would happen if Iran and Israel went to war? Would the Strait of Hormuz close, gasoline explode to $10 a gallon, markets implode? Celente says, “All of the above.” Join Greg Hunter as he goes One-on-One with Gerald Celente.
Trends researcher Gerald Celente predicts war in the Middle East leading to WW3. He says, “It is out of control. What are people waiting for–an Archduke Ferdinand moment?”
Celente thinks Israel bombing Syria means World War 3 is on its way. The cycle leading to war started with the crash of 2008. Celente says, “Crash, depression, currency wars . . . trade wars and then real wars. That’s what we’re seeing again.” Celente charges, “This is a proxy war against Iran because when Syria is choked off, then Iran is left alone surrounded by enemies. So, that’s what we’re really looking at. The end game is Iran.” What would happen if Iran and Israel went to war? Would the Strait of Hormuz close, gasoline explode to $10 a gallon, markets implode? Celente says, “All of the above.” Join Greg Hunter as he goes One-on-One with Gerald Celente.
Francis Dogbe
Swiss voters said “No” to Gold Gold‘s most awaited event has come and gone and the result is that the Swiss voters overwhelmingly rejected the “Save our Swiss gold” initiative. The referendum, which would have forced the Swiss National Bank to hold some 20% of its reserves in gold was rejected by 77% of voters. The precious metal fell as much as 3.3% after the markets were opened. Even though the market was prepared for the “No” side to dominate as shown in polls ahead of the referendum, what came as more of a surprise was the huge gulf between the two sides. This marked the gold issue in Switzerland finished and showed weak appetite among the public for gold as a reserve asset. Now that the Swiss vote is out of the way, gold could weaken further. (see technical below).
Overnight, China’s manufacturing PMI declined in November suggesting that the economy is still losing momentum. Even though the unexpected interest rate cut in late November is yet to be seen in data, in order to maintain annual growth at around 7.5%, the Chinese authorities may need to introduce further stimulus measures to boost their economy.
Today’s activity: In Europe, we get the manufacturing PMI figures for November from several European countries, including the UK, and the final figure for the Eurozone as a whole. As usual, the final forecasts for the French, the German and Eurozone’s figures are the same as the initial estimates. The UK manufacturing PMI is estimated to slightly decline to 53.0 from 53.2.UK’s mortgage approvals for October are also to be released.
From Canada, the RBC Manufacturing PMI for November is expected. This has only been published for three years and so the market doesn’t pay that much attention to it. No forecast is available.
In the US, the final Markit manufacturing PMI and the ISM manufacturing index both for November are also to be released.
We have one ECB and two Fed speakers on Monday’s agenda: ECB Governing Council member Carlos Costa, New York Fed President William Dudley and Fed Vice Chairman Stanley Fischer speak.
As for the rest of the week, the ECB policy meeting on Thursday and the Friday US employment report will be the focus. In addition, there are several other central bank meetings and data releases that will be closely watched.
On Tuesday, the Reserve Bank of Australia is universally expected to keep policy rates unchanged. Last time, the Bank stopped saying that the exchange rate “remains high by historical standards” and just said that it “remains above most estimates of its fundamental value.” The question is whether the 2% depreciation since their last meeting will cause them to tone down their comments further.
On Wednesday, the final service-sector PMIs for the countries we got the manufacturing figures on Monday are coming out. From Australia we get the Q3 GDP. In the US, we have the ADP employment report as usual two days ahead of the NFP release. The ADP report is expected to show that the number of jobs gained in November decreased a touch from October. The Bank of Canada is expected to keep its benchmark interest rate unchanged. Even though Canadian inflation is rising and the recent batch of data suggest that the economy has strong momentum, declining oil prices are likely to keep BoC on hold for longer than it would otherwise, leaving CAD vulnerable.
On Thursday is the much-awaited ECB meeting. Last week, ECB President Draghi stressed the need to bring inflation up to target without delay. But following the decline in inflation in November, the ECB is facing renewed pressure to fight the threat of deflation.
In addition to the ECB, Bank of England meets to decide on its policy rate. The BoE is unlikely to change policy and therefore the impact on the market as usual should be minimal. The minutes of the meeting however should make interesting reading when they are released on 17th of December.
Finally on Friday, the major event will be the US non-farm payrolls for November. The market consensus is for an increase in payrolls of 225k, up from the unexpectedly low increase of 214k in October. At the same time the unemployment rate is forecast to remain unchanged at 5.8%, while average hourly earnings are expected to accelerate on a yoy basis. Such figures would be consistent with the FOMC view of a gradually improving labor market and could push up Fed funds rate expectations, thereby supporting the dollar.
Canada’s unemployment rate for November is also coming out. The net change in employment is no longer following the switching pattern it did in the recent months.
Overnight, China’s manufacturing PMI declined in November suggesting that the economy is still losing momentum. Even though the unexpected interest rate cut in late November is yet to be seen in data, in order to maintain annual growth at around 7.5%, the Chinese authorities may need to introduce further stimulus measures to boost their economy.
Today’s activity: In Europe, we get the manufacturing PMI figures for November from several European countries, including the UK, and the final figure for the Eurozone as a whole. As usual, the final forecasts for the French, the German and Eurozone’s figures are the same as the initial estimates. The UK manufacturing PMI is estimated to slightly decline to 53.0 from 53.2.UK’s mortgage approvals for October are also to be released.
From Canada, the RBC Manufacturing PMI for November is expected. This has only been published for three years and so the market doesn’t pay that much attention to it. No forecast is available.
In the US, the final Markit manufacturing PMI and the ISM manufacturing index both for November are also to be released.
We have one ECB and two Fed speakers on Monday’s agenda: ECB Governing Council member Carlos Costa, New York Fed President William Dudley and Fed Vice Chairman Stanley Fischer speak.
As for the rest of the week, the ECB policy meeting on Thursday and the Friday US employment report will be the focus. In addition, there are several other central bank meetings and data releases that will be closely watched.
On Tuesday, the Reserve Bank of Australia is universally expected to keep policy rates unchanged. Last time, the Bank stopped saying that the exchange rate “remains high by historical standards” and just said that it “remains above most estimates of its fundamental value.” The question is whether the 2% depreciation since their last meeting will cause them to tone down their comments further.
On Wednesday, the final service-sector PMIs for the countries we got the manufacturing figures on Monday are coming out. From Australia we get the Q3 GDP. In the US, we have the ADP employment report as usual two days ahead of the NFP release. The ADP report is expected to show that the number of jobs gained in November decreased a touch from October. The Bank of Canada is expected to keep its benchmark interest rate unchanged. Even though Canadian inflation is rising and the recent batch of data suggest that the economy has strong momentum, declining oil prices are likely to keep BoC on hold for longer than it would otherwise, leaving CAD vulnerable.
On Thursday is the much-awaited ECB meeting. Last week, ECB President Draghi stressed the need to bring inflation up to target without delay. But following the decline in inflation in November, the ECB is facing renewed pressure to fight the threat of deflation.
In addition to the ECB, Bank of England meets to decide on its policy rate. The BoE is unlikely to change policy and therefore the impact on the market as usual should be minimal. The minutes of the meeting however should make interesting reading when they are released on 17th of December.
Finally on Friday, the major event will be the US non-farm payrolls for November. The market consensus is for an increase in payrolls of 225k, up from the unexpectedly low increase of 214k in October. At the same time the unemployment rate is forecast to remain unchanged at 5.8%, while average hourly earnings are expected to accelerate on a yoy basis. Such figures would be consistent with the FOMC view of a gradually improving labor market and could push up Fed funds rate expectations, thereby supporting the dollar.
Canada’s unemployment rate for November is also coming out. The net change in employment is no longer following the switching pattern it did in the recent months.
· 4
Francis Dogbe
I have a certificate in kissing,diploma in caring & degree in loving.Do you have a job 4 me?...:)
· 6
Francis Dogbe
I saw this on someone's comments on a post: "Just Pick a direction and you should be ok with proper Money Management" very interestting
· 6
Imtiaz Ahmed
2014.11.25
it doesn't feel bad to fail in a week or two but this type of strategy takes long time and eventually they loose....
1)look at the spread.
2)loook at the pip travel per hour at 1HR time chart.
3)All depends on our logic thinking:)