Euro area's economic growth has picked up in the first quarter, outpacing the United States and the United Kingdom for the first time in four years...
In financial markets, jargon often plays a key role. Jargon helps show familiarity and comfort with a particular subject matter, and nowhere is this jargon more apparent than when discussing the ‘position,’ of a trade...
Yesterday world financial markets closed mixed. In particular, European stock markets slumped following the interim meeting of the Eurogroup and the Greek government. According to media reports, both parties still couldn’t reach an agreement on key issues. In this light, the FTSE 100 fell 1...
Swing trading is very popular for Forex traders for two main reasons. Firstly, Forex swing trading strategies usually contain entry and exit techniques that require checking the chart perhaps only once or twice each day, or at most every few hours...
From my last post in BTCUSD where I highlighted a rally pattern, the time expired but there is a NEW signal emerged...
Chart H1 : https://www.mql5.com/en/charts/3431694/eurusd-h1-forexprivate The alternative hasp variant of purchases was realized with the achievement of the supposed aims...
Good way to use moving averages is to use them as dynamic support and resistance levels. We like to call it dynamic because it’s not like your traditional horizontal support and resistance lines. They are constantly changing depending on recent price action...
CHF/JPY: Long Position has been opened on May 6. The pair is having a rank of 3 being at the top of the Ranking and Rating list. The CHF has a currency score of 7 and the JPY a score of 1. The Weekly chart is looking strong but the Daily and 4 Hour chart are showing some consolidation...
Accumulation Distribution uses volume to confirm price trends or warn of weak movements that could result in a price reversal. Accumulation: Volume is considered to be accumulated when the day's close is higher than the previous day's closing price...
In a new research conducted by economists of the International Monetary Fund it was investigated that the role of the financial sector in the US, Japan and other advanced economies has grown too big...
A very good article to learn how to use this site. For a general overview of changements and improvements in MT5 platform, read MetaTrader 5 - More Than You Can Imagine...
For today R4 - 0.8136 R3 - 0.8076 R2 - 0.8031 R1 - 0.7972...
Trading Classic Chart Patterns by Thomas Bulkowski Use popular chart patterns profitably In his follow-up to the well-received Encyclopedia of Chart Patterns, Thomas Bulkowski gives traders a practical game plan to capitalize on established chart patterns...
For traders MT5 user interface If you can't view the calendar tab, probably it's a choice a your broker : New Video : How to delete Calendar Events from charts ? New Video : How to disable Calendar Events from charts...
Tenkan-sen line is located above Kijun-sen line of Ichimoku indicator with 1.2834 resistance level on monthly timeframe chart for the bullish market condition to be continuing...
Moving average crossovers are a common way traders use Moving Averages. A crossover occurs when a faster Moving Average crosses either above a slower Moving Average (i.e. a longer period Moving Average) which is considered a bullish crossover or below which is considered a bearish crossover...
EURUSD Common description of technical picture Calculated values of daily horizonts: resistances R1=1,1194; R2=1,1212: R3= 1,1241; supports S1=1,1136; S2=1,1118: S3= 1,1089...
