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The 20 pips strategy is used for H1 and M15 timeframes. We use 100 SMA and 200 SMA indicators to determine the direction of the trend. H1 timeframe chart checks long term direction of the trend. Trades are opened only when the price is within 20 pips range of the 200 simple MA...
Many of the most popular indicators can be helpful when designing a trend strategy. And to take technical analysis a step further when designing a trend-trading approach, many traders will look to utilize multiple time frame analysis in order to get multiple looks at a trending market...
CHF/JPY: Long Position has been opened on May 6. The pair is having a rank of 21 and is consolidating. The CHF has a currency score of 6 and the JPY a score of 1. The Weekly chart is looking strong but the Daily and 4 Hour chart are showing some consolidation...
Stochastics gives its strongest sell signal when the two moving averages that comprise it have first been above 80 and then close below the 80 level. The strongest buying signal is given when the two moving averages have first been below 20 and then close above 20...
This time, I I've improved a "TimerTrapOCO". When the EA becomes time setting, OCO order is order. It is effective when used before the announcement of market events, such as employment statistics and policy interest rates...
Pacific Investment Management Co. manages one of the biggest funds dedicated to purchasing a new type of high-yield hybrid securities - contingent convertible bonds, or Cocos - and has been buying from European lenders but not from lenders in developing countries, says the Wall Street Journal...
According to SNL Metals & Mining, a mining-focused research firm, production of gold dropped in the first quarter of 2015, compared to data from the same period of 2014...
On Tuesday gold futures lost ground, pulling back from a three-month peak as the greenback edged higher against a soft euro. Data earlier showed that housing starts jumped 20.2% in April, the largest jump in more than 24 years...
Now that the S&P 500 has touched yet another record high, the stock market indicator may have nowhere else to go for the next 12 months, says Goldman Sachs...
NZDUSD monthly price is on primary bearish market condition with secondary ranging: the price was reversed from correction within the bullish to the primary bearish market condition in October last years, and it is now located below Senkou Span A line of Ichimoku indicator and within Ichimoku clo...
On Tuesday the dollar strengthened broadly against its peers, as soft data from the euro zone and the U.K. undermined market sentiment and as market players awaited the Federal Reserve's upcoming policy statement...
German investor confidence fell below analysts' estimates after growth in Europe’s largest economy slowed in the first quarter of 2015...
At the end of the last year, we informed you about the first MetaTrader 5 launched in Thailand. One of the leading Thailand brokers Apple Wealth started offering the terminal in demo mode...
On Tuesday Chinese stocks recorded their biggest surge in nearly four months, after the government delivered its blueprint on reforming its economic system in 2015, which includes further opening up capital markets...
Suri Duddella, 19+ years full-time Futures/Equities/Options Trader. Patterns based Algorithmic Trading. Author -- "Trade Chart Patterns Like The Pros" book. ====== Identifying chart patterns is simply a system for predicting stock market trends and turns...
Annual consumer price inflation in the U.K. dropped below zero for the first time since the 1960s. The Bank of England had predicted the inflation would fall, however, it also said it should pick up soon. Meanwhile, the local currency was lower...
Analysts at Triland Metals sound quite upbeat about gold, saying that it has enough momentum to push higher in the near-term, though it might not be able to hold long-term gains. Meanwhile, commodity strategists at Morgan Stanley consider the latest rally to be short-lived...
China has delivered its plan to upgrade manufacturing by inspiring innovation and raising efficiency in an attempt to boost economic growth. "The key to creating a new driver of economic growth...lies in the manufacturing sector," said the State Council...
Chinese smartphone giant, Xiaomi, will soon start offering its goods in the U.S., U.K., France and Germany, seducing Western consumers with its low prices and putting Western manufacturers under pressure for the same reason...
Japan's benchmark rose above 20,000 for the first time in three years, as markets awaited Japan's GDP data due on Wednesday "wish some optimism" and as U.S. stocks saw a rise overnight...
