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Hello, dear readers! At the end of this post you'll be able to create your own EAs based on basically any system and indicator using this brand-new tool. So please bear with me for a few minutes and start building high quality EA portfolio right after...
Forex scalping strategies help forex traders to make profits very quickly in forex market. Most beginners use the scalping strategy to earn quick profits, as it is associated with short term trends...
For every two Forex traders, there are four opinions of the best method for Forex trading. Furthermore, for every Forex expert that swears by the Forex scalping method, there is another one that will tell never to scalp. What is Forex scalping...
Forex trading comes with inherent risks. To enjoy the rewards, you have to absorb a certain amount of risk. Thus, it is important to find a way to profit from forex trading on a consistent basis, while minimizing the risk...
GBPUSD: The pair followed through higher on Friday on the back of Thursday gains. Support lies at the 1.3150 level where a break will turn attention to the 1.3100 level. Further down, support lies at the 1.3050 level. Below here will set the stage for more weakness towards the 1.3000 level...
Great article in Bloomberg highlighting the disappearance of volatility in FI due to central bank’s interventionist policy. To reiterate a well-understood fact, central banks are suppressing the true price of risk in rates, which in turn are distorting all other market risk measures...
In spite of huge market expectations, Mario Draghi gave little information about the future of the QE and played for time once again. As broadly anticipated the European Central Bank did not change the level of any of its three key interest rates...
Description of the EA settings Settings: SmartStopTrading - Stop trading without closing the already open orders. MagicNumber - The magic number. AutoLot - The percentage of the balance. The lot size is calculated automatically...
The dollar continues to decline. Concerns about geopolitical risks and natural disasters in the US, weak economic data and doubts about the prospects for raising the Federal Reserve's interest rates helped the dollar to fall to its lowest level for more than two and a half years...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, September 8th The EUR/USD pair trades on the positive territory at the end of this week, having refreshed its tops at 1.2092, last seen on December 2014...
Hello traders, I saw an opportunity on USDJPY. At this situation, I prefer to prepare a trade plan at major Support level that we expected the price will soon rebound after hit the level...
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EURUSD: With the pair seen rallying strongly on Thursday, further bullishness is likely in the days ahead. Resistance comes in at 1.2069 level with a cut through here opening the door for more upside towards the 1.2100 level. Further up, resistance lies at the 1...
USD/CAD Yesterday the pair tested the level of 1.2135 (minimum since June 2015), although till the end of the day the pair reached about 100 pips and finished the day above 1.22. Now USD/CAD is consolidating in the range and may continue to fall...
Finally, Wall Street is celebrating the removal of the immediate threat of the debt ceiling. However, the real news was Trump working with Democrats with a clear success. In rare bipartisan deal Trump, republicans with democrats extended the U.S...
Investors are bracing for an event heavy day. The highlight will clearly be the European central banks. However, the substantives information on monetary policy strategy path from this meeting is unlikely. We had originally penciled in a comments outlining the path towards normalization...
According to the data published on Thursday, the growth of the Eurozone economy in the second quarter (in annual terms) was 2.3% (the forecast was + 2.2%). The data show that the economy of the Eurozone grew faster than in early 2017...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, September 7th The EUR/USD pair came out of its overnight phase of consolidation to the upside, having refreshed its daily tops at 1...
EURUSD: With the pair continuing to retain its downside pressure on correction, more weakness is likely despite present price hesitation. Resistance comes in at 1.1950 level with a cut through here opening the door for more upside towards the 1.2000 level. Further up, resistance lies at the 1...
