All Blogs
Due to the tensions in the Middle East affecting surrounding countries most notably the Euro and Yen, the Dollar appreciated big time. With that in mind, U.S. economic data in general were pretty positive, which further drove up the prices over the last few weeks...
USDJPY is trading near the top end of its multi-month consolidation Our broader bias is positive on the exchange rate A close over the 61.8% retracement of the April/May decline near 102...
Sunday morning train reads: • Europe’s Greater Depression is worse than the 1930s (WonkBlog) see also Markets Are Making a Sucker’s Bet on Europe (Bloomberg View) • 8 Money Mistakes to Avoid on Your Way to Being Wealthy (Yahoo Finance) • How One “Sack of Shit” Mortgage-Backed Security Came to Def...
EURUSD is in consolidation mode above the 200% extension of the June/July advance near 1.3325 Our broader bias is negative in the euro while under 1.3560 A close under 1.3300 is needed to confirm that a new leg lower is underway A turn window is eyed early next week A weekly close back over 1...
Dear Fellow Traders, I have a dream. A dream of becoming rich, a dream of having a better lifestyle, such as many other members here at mql5. The Forex Market is so huge, with 5000 billions revenue per day. Everybody should be able to get a piece of this cake...
Friday marked a very strong sell-off after a supposedly very quiet week. The electronic auction-based trading replaced the silver fixing...
We had a video about iPhone application for Metatrader 5 so for now it is MetaTrader 5 Android Tablet App Review. This is similar video of about 3 minutes but it may be good to watch in case you are having this device for example...
XAUUSD remains in a choppy range above key a key Gann confluence near 1280 Our broader bias is positive on the metal while over 1280 The 1320 area need to be overc oem on a closing basis to signal that a more important advance is unfolding A move under 1280 will turn us negative on Gold Weekly XA...
Global currencies don't ride the trends in isolation. The apparent technical movement between two currencies in a pair may cause an effect in the behaviour of each separate currency...
Overview The Renko charting method is thought to have acquired its name from "renga" which is the Japanese word for bricks...
Consumer Price Index (CPI) is the change in the price of goods and services purchased by consumers. We will have this high impacted news event on Monday, August 19 so this smallarticle is related about how to use and to trade this CPI...
Most traders have a limited knowledge of trading’s fundamental rules, either from a psychological or a methodological point of view. This can lead to increasing loss probabilities on the markets, as well as deep and constant psychological damage...
Gold has been consolidating in a descending triangle this week after it found resistance at about 1322. Note the bullish bias in the 1H chart. Price was bullish at the end of last week, so the prevailing trend in the 1H chart is bullish before it consolidated this week...
As an old business saying goes, "Fail to plan and you plan to fail." It might not sound serious, but those who are serious about being successful, including traders, should follow these eight words as if they were engraved in stone...
NZD/USD Technical Strategy: Flat Support: 0.8470, 0.8401, 0.8350 Resistance:0.8509, 0.8571, 0.8621 The New Zealand Dollar edged higher against its US counterpart after putting in a bullish Piercing Line candlestick pattern, hinting a double bottom may be forming. Initial resistance is at 0...
My trades taken during the week will be posted in my journal of forex factory http://www.forexfactory.com/showthread.php?p=7678815#post7678815 To follow my trades subscribe at https://www.mql5.com/en/signals/52499...
How to use the currency pairs correlation to predict the direction of the market? When I have a signal with a pair, but I need confirmation to take the position, I refer to the correlated currency pairs or cross currency pairs and look for the confirmation...
The Financial Times reported yesterday that high-frequency traders are leaving investment banks for hedge funds, prop trading houses, and their own startups. Oh, you didn't realize that regular, Too Big to Fail investment banks had high-frequency trading desks? Surprise, surprise, surprise...
The world's top banks have backed the bulk of recommendations from regulators to reform the setting of the leading global currency benchmark following allegations of market rigging, making changes inevitable. The $5...
