EUR/USD: Dollar Bulls Disappointed by NFP ● Throughout the past week, leading up to Thursday, August 3, the dollar continued to strengthen its position and build on the offensive that began on July 18...
Good day! This is the first week using the updated indicator. Algo trading is 43 percent as i was trading manually until i added my trade assistant expert advisor which we will include in our portfolio in a week...
Hello traders, T oday I spotted two trading setups. My first setup was in CADJPY M5. It was a well-formed Supply Zone that was formed in compliance with Bearish Trendline. I decided to place two positions on this setup. So i clicked on the Zone Label and i created two Sell Market Orders...
As we noted in our Fundamental Analysis today, data on GDP, the labor market, and inflation are the determining factors for the Fed when planning monetary policy parameters...
Inflation in the UK is slowing down. However, it remains the highest among all developed countries. Thus, from the report of the Office for National Statistics, published on July 19, it follows that annual inflation in the UK in June fell to 7.9% (stronger than the forecast of 8...
EUR/USD: Not hawks anymore, not doves yet ● The past week was filled with both events and the release of macroeconomic data. Regarding the Federal Reserve meeting on July 26 and the European Central Bank meeting on July 27, there were no surprises in terms of key interest rate hikes...
To test Gold Explorer carryout the following steps - 1. Select a deposit of 1000; 2. Set date from 2023/01/01 to 2023/07/01; 3. Select every tick; 4, Select 5.0 as spread and 5. Click 'start' button...
If the initial deposit is $1000 on a MODERATE RISK micro account use the parameter settings below: Currency pairs: AUD/CAD Timeframe: H1 Leverage: 1:500 Swap free account (forex robot will hold floating loss for weeks or even months) Parameter settings for AUD/CAD, H1: MINIM_DAILY_PROFIT = Minimu...
As a result of the meeting ended on Wednesday, the Fed leaders raised the discount rate by 0.25%, to the level of 5.50% (range 5.25% - 5.50%). Since this decision was in line with market expectations, as we suggested in our review yesterday, it has already been priced in...
News like FOMC or NFP are known by the name "The Widow Maker". This exaggeration definetely shows the explosive character of the events. If you have open positions without a strict Stop Loss, you will likely run into a higher drawdown...
PeakBottom EA https://www.mql5.com/en/market/product/102844 It is strongly recommended to use ICMarkets, because the spread of GBPCAD, EURSGD, USDSGD, USDCHF, CHFJPY is lower than other platforms Attach to GBPCAD M1 In symbols "GBPCAD,EURSGD,USDSGD,USDCHF, CHFJPY...
It is expected, with a probability of almost 100%, according to the CME Group, that the Fed will raise interest rates by 25 bp to 5.5%, and this decision is already priced in...
Hello traders, T oday I spotted two trading setups. My first setup was in USDCHF M15. It was a well-formed demand zone that was formed inside larger demand zone of the same timeframe. I decided to place two positions on this setup. P rice touched this demand zone and went through it...
What is the price of oil? Let’s try to answer this seemingly simple question. The fact is that crude oil comes from various fields in many countries. In addition, crude oil is traded in several ways. Read in this article why the answer is not as simple as it seems. Where does the oil come from...
The perception of brokers as "enemies" in the forex market is not universal, but it can stem from a few factors that some traders may experience or believe...
Main interface button function...
Next week (July 25–26), the Federal Reserve will hold its regular meeting, and market participants expect a rate hike despite the earlier published U.S. macro statistics...
If the initial deposit is $1000 on a HIGH RISK micro account use the parameter settings below: Currency pairs: XAU/USD Timeframe: H1 Leverage: 1:500 Swap free account (forex robot will hold floating loss for weeks or even months) Parameter settings for XAU/USD, H1 MINIM_DAILY_PROFIT = Minimum dai...
