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Four Important Trading Skills You May Not Learn From. Even though there are many important things that you will learn from a forex school, there are still many important skills that you may not learn from your forex education...
The breakdown of the resistance levels 69.50, 70.20 will be another confirming signal in favor of the resumption of long positions with targets at resistance levels 73.80, 76.43 (local multi-year highs and a maximum in a wave of growth from absolute lows near 3...
The basis of classical technical analysis is the search for patterns for trend continuation and reversal. There are many different variations of patterns. What if we can make it easier to find some of them? What pattern do you see in the picture above...
Today I am publishing about the positive results obtained by combining the indicators: WPR STANDARD DEVIATION CCI ENVELOPES Starting Balance: 300.00 USD Leverage: 1/500 Lot: 0.01 Spread 2 Backtest output Average HPR 0.18 % Average position length 7 bars Backtest quality 100...
At the start of today's European session, the AUD / USD pair is trading near 0.7340, at yesterday's high, maintaining positive momentum (see also "Fundamental Analysis and Recommendations" ) In the event of a breakdown of the resistance level 0...
Loading Events from External resources need to allow EAs to access the resources. This post demonstrates simple steps to allow EAs to access these resources. 1. open Tools/Options on your terminal. 2.On the Expert Advisors tab Click and enable Allow Webrequest option and add https://ec...
RSI INDICATOR EXPLAINED – WHAT IS THE RSI INDICATOR? The “Relative Strength Index”, or “RSI”, indicator is a popular member of the “Oscillator” family of technical indicators. J...
A breakdown of the local resistance level of 0.7105 (July highs) may provoke further growth in NZD / USD to resistance levels of 0.7240 (38.2% Fibonacci retracement in the global wave of the pair's decline from 0.8820), 0.7300. More distant growth targets are located at resistance levels 0...
The USD is little changed in broad terms as markets consolidate after Friday’s USD losses made around Fed Chairman Powell’s comments—which teed up a late year taper but which also stressed that higher rates would not necessarily quickly follow the taper...
Central Bank Interest Rates On a macro level, there is no larger influence in exchange rate values than central banks and the interest-rate decisions they make...
In case of breakdown of the important resistance level 1.1825, further growth towards the key resistance levels 1.1885, 1.1905 can be expected. Breakdown of the long-term resistance level of 1...
Since the beginning of the year, IOTA has been growing and falling along with other popular cryptocurrencies and the cryptocurrency market in general. The IOTA coin, which is known as one of the most efficient projects in the cryptocurrency market, traded at $ 2...
Choosing the right currency pair to trade without using a currency strength indicator is one of the most difficult tasks for a forex trader. Trying to determine from the price chart which currency is strong and which is weak can be quite difficult and tedious...
One of the best forex day trading systems that a beginner should consider is to sign up for a signal service. For those who don't know, forex signals are offered by experienced currency traders who conduct technical and fundamental analysis throughout the day...
Dogecoin burst onto the scene in early 2021, bringing in huge returns to investors who have bet on the digital currency...
The Pound Dollar GBP/USD currency pair ends the trading week near the 1.3705 area. The pair continues to move within the framework of the correction and formation of the “Wedge” pattern...
The Euro Dollar EUR/USD currency pair completes the trading week near the 1.1758 area. The pair continues to move within the framework of the correction and the beginning of the development of the large “Head and Shoulders” reversal pattern...
2015, 368 pages, by Fred Tam For a book that is from 2015 we expect some “NEW” information, new trading techniques, new “Whatever”… Well, this is NOT the case. It is a very well-written and structured book but lacks at the very minimum, backtesting...
EUR/USD: Three Hawks and a Dove in Jackson Hole ● The return of the EUR/USD pair to 1.1700-1.1900 was predicted by 35% of experts supported by 25% of oscillators that showed it was oversold. After renewing the annual low of 1.1665 on August 20, the pair did go into a correction, reaching 1...
