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Point [1] is the lowest low for 2016, while Point [2] is the Highest High until now. The pair is moving inside a Rising Wedge formation. Divergence with momentum oscillators like MACD show weakness in current up-trend...
Daily price is on ranging around the lower bound of the Ichimoku cloud on the border between the ranging bullish and the primary bearish market condition within the following key support/resistance levels: 1...
EA - HEATER I was cleaning up some piles of old trading related papers sitting around and I came across this system. I'm currently testing the EA in the very early stages. What interested me was the exit (and the entry is not bad either...
EURUSD: The pair continues to face consolidation risk though looking to recover higher. Support lies at the 1.1150 level. Further down, support lies at the 1.1100 level where a violation will aim at the 1.1050 level. A break of here will aim at the 1.1000 level...
Weekly price is breaking 1.3280 resistance level to above for the reversal of the price movement from the bearish to the ranging bullish market condition to be located inside Ichimoku cloud...
First, a review of last week’s forecast: – as a reminder, predicting the future of EUR/USD most experts pointed to the south. NFP print (US Non-Farm Payrolls) was expected to increase from 151К to 170К–176К...
USDCHF: The pair retains its upside bias closing higher the past week. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more weakness towards the 0.9650 level and then the 0.9600 level. On the upside, resistance resides at the 0...
When you first come to Forex community, you will hear the terms “Forex Trading” and “Forex Investing” used interchangeably by so many mentors and gurus. In fact, they are two very different activities...
Weekly Fundamental Forecast: Are Dollar, Pound, Yen Moves Signaling a Tide Change? Top fundamental themes - risk trends, monetary policy influence, etc - have passed another week without the resolve and conviction of a true trend...
FX Technical Weekly: Next Cycle Low for GBP/USD is Early 2017 EUR/USD – 20 day range is insanely small GBP/USD relationship at 1.0970 USD/JPY – watch 105.45 (May low) EUR/USD Daily -I’m running out of things to say about EUR/USD...
Promotion conditions Open a $50 Bonus account Verify your Personal area, confirm your e-mail and phone number Bonus in the amount of 50 USD will be credited to your account once the verification process and contact details confirmation are successfully completed Trade and multiply your profit wit...
CRUDE OIL: The pair continues to strengthen as it closes in on its key resistance located at the 51.64 zone. On the downside, support resides at the 50.00 level where a break will expose the 49.00 level. A cut through here will set the stage for a run at the 48.00 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, October 7th GBP/USD Current price: 1.2453 (-1.3%) Session range: Open 1.2615 High 1.2625 Low 1.1991...
The Trailing Stop expert advisor has been created to help traders manage winning trades and baskets of trades, by trailing the price once it goes in the trader’s favor. The main idea that led to this trailing stop EA was that many traders are not so good at managing winning trades...
The RobotFX MACD expert advisor ideology is meant for the traders that are familiar and use the moving average convergence divergence (MACD) indicator in their trading decisions. The MACD EA is easy to set up and use, as it can be seen from its settings below...
Trading recommendations Sell on the market. Stop-Loss 7040.0. Take-Profit 6965.0, 6870.0, 6815.0, 6575.0, 6525.0 Buy Stop 7070.0. Stop-Loss 7030.0. Take-Profit 7100.0, 7180.0, 7200.0 Technical analysis...
GBPAUD SHORT M15 setup with Currency Strength Markets showing most consolidations today. We see clearly on currency strength lines, the lines do not break out of MFib 100 and Market Momentum holds below Market Fibonacci 50 which means market is weak...
Hello traders, On event NFP this week, I thought we need to prepare a swing trade at major S/R. Following the philosophy "Plan your trades, and trade your plans", here I share a planning for EUR/USD based on A2SR. I hope EUR/USD moves fast and out from current sideways range...
GBPUSD: With the pair taking back its Wednesday gains to weaken further on Thursday, further move lower is expected. On the downside, support lies at the 1.2600 level where a break will turn attention to the 1.2550 level. Further down, support lies at the 1.2500 level...
As the title says this time we'll try to implement a simple object-oriented framework for trading. It's surely simple as a framework, but is probably most complex thing among all that we've discussed so far in the MQL's OOP notes...