Ahmad Hassam / Profil

Weekly candle take five days to form and closes on Friday. It holds a lot of information about the coming week. If the weekly candle is bullish you should assume the next weekly candle to be bullish also. Daily candle forms daily...

Pivot Points are very popular with professional traders. Pivot Point formula is based on previous day's high, low and close which makes it a leading indicator. There are 5 different pivot point formulas...

Candlestick patterns are important trend reversal and trend continuation signals. There are only a few important candlestick patterns that you need to know. These patterns need to be seen in the context of the trend...

USD/CHF is a mirror of EURUSD most of the time. If EURUSD moves up, you will find USD/CHF moving down. Why? Both are negatively correlated. Reason is simple. Investors run towards CHF when there is political uncertainty. When CHF appreciates, this forces USD/CHF pair to go down...

Candlesticks are powerful charting tool that a trader must master. I mostly use candlesticks in my trading. Using candlesticks I have been able to lower risk down to 10 pips. I only use stop loss between 10-20 pips based on candlestick pattern high or low...

Naked trading means trading without using any indicators solely based on price action. All indicators use formulas that are based on price action. This makes them lagging. Price always leads. You plug in price and get the indicator value...

GBPUSD is a highly lucrative pair only if you know how to trade it correctly. GBPUSD is a roller coaster and you suffer huge losses if you don't take risk management seriosuly. Read this new blog post in which I analyze a recent GBPUSD swing trade that made 250 pips with a 10 pips stop loss...

FOMC is an important meeting that decides each month the Federal Fund Rate and the money supply. FOMC stands for Federal Open Market Committee of the Federal Reserve Bank of USA (FED). Fund Rate is the short term overnight interest rate that banks charge each other for making the deposit with FED...

NFP Report is released once a month. All USD pairs violently react when NFP Report is released. Sometimes the market moves big time in one direction. Most of the time it whipsaws. Always use pending orders when trading NFP Report...

R is a powerful open source software for machine learning and data science. There are many things that you cannot do on MT4 or for that matter MT5. That includes machine learning artificial intelligence algorithms to predict price...

Mondays not always but sometimes give you very good trades. This Monday, EURUSD opened up with a huge gap down. Whenever there is political uncertainty in Europe, EUR/USD will start showing nervousness...

Candlestick patterns are vague and imprecise. You never know which candlestick pattern is significant. You see an inside bar and open a sell trade later to find price hitting the stop loss and going up...

USDJPY pair is heavily controlled by the Japanese Central Bank (JCB). JCB constantly intervenes in the market to weaken or strengthen Yen (JPY) according to their requirements. Whenever there is a monetary policy statement scheduled by JCB, just assume that USDJPY will move big time...

Trading trends can be very profitable if you can do it right. Pips Wizard PRO is a new trend indicator. Test this Pips Wizard Pro indicator on a demo account. Testing means making something like 50-100 trades. Make these trades on different timeframes and different pairs...

If we can predict the weekly high, low and close, we can make our trading system more accurate. In this blog post I have used the NeuralNet R package to train a model that predicts the weekly candle high, low and close...

NFP Report is an important economic report that is released by US Bureau Of Labor Statistics. NFP Report is released at exact 8:30 AM first Friday of each month. This report gives the number of jobs that were created last month. Read the blog post where I explain how to trade NFP Report...

This has been reported on the Wall Street Journal. I have reproduced the Wall Street Journal report that details how traders were defrauded by Saxo Bank. This happened in January 2015 when Swiss National Bank surprised the global markers with its decision to unpeg Swiss Franc...

Binary options trading is very popular now a days. Binary options trades are set and forget. There is no stop loss involved. You just need to predict the market direction correctly...

Neural Networks is a fascinating subject. But I don't believe these Neural Networks can compete with the biological neural networks like those in our brain. I have written a post on my blog where I explain how you can predict the weekly candle using Elman Neural Network...

NNET is an R package that helps you make a single hidden layer feed forward perceptron Neural Network model. You select the inputs that you want to have. I have posted 2 videos in the blog post that explain in detail what is this NNET Neural Network Model. NNET is fast in calculating the model...