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Market participants headed into the weekend with mixed news. From the US labor report, NFP data came in slightly weaker than expected consistent with recent slowdown...
ARBITRAGE THIEF INDEX MT4 | AVAILABLE HERE : https://www.mql5.com/en/market/product/37026 ARBITRAGE THIEF INDEX MT5 | AVAILABLE HERE : https://www.mql5.com/en/market/product/40696...
The EA is attached at the end of the post. The purpose: monitor and record the spread. The log file is in MQL4\Files folder. ( Menu -- File--->Data folder--->MQL4\Files) The log format as below...
Pivot (invalidation): 56.40 Our preference Long positions above 56.40 with targets at 57.75 & 58.10 in extension. Alternative scenario...
Pivot (invalidation): 18.3100 Our preference Short positions below 18.3100 with targets at 17.7100 & 17.5200 in extension. Alternative scenario...
Pivot (invalidation): 1513.00 Our preference Short positions below 1513.00 with targets at 1502.00 & 1493.00 in extension. Alternative scenario...
Pivot (invalidation): 2943.00 Our preference Long positions above 2943.00 with targets at 3000.00 & 3029.00 in extension. Alternative scenario...
Pivot (invalidation): 12130.00 Our preference Long positions above 12130.00 with targets at 12253.00 & 12300.00 in extension. Alternative scenario...
Pivot (invalidation): 5.6990 Our preference Long positions above 5.6990 with targets at 5.7280 & 5.7500 in extension. Alternative scenario...
The EA is attached at the end of the post. The purpose: monitor and log when the connection is off line and when is on line. The key to run EA is the stable connection. Unstable connection could reult in missing the chance to open/close orders,EA would not work as what it is built for...
Pivot (invalidation): 0.6835 Our preference Long positions above 0.6835 with targets at 0.6860 & 0.6880 in extension. Alternative scenario...
Pivot (invalidation): 1.3190 Our preference Short positions below 1.3190 with targets at 1.3155 & 1.3130 in extension. Alternative scenario...
Pivot (invalidation): 0.9870 Our preference Long positions above 0.9870 with targets at 0.9900 & 0.9920 in extension. Alternative scenario...
Pivot (invalidation): 106.75 Our preference Long positions above 106.75 with targets at 107.10 & 107.25 in extension. Alternative scenario...
Pivot (invalidation): 1.2305 Our preference Short positions below 1.2305 with targets at 1.2260 & 1.2230 in extension. Alternative scenario...
Pivot (invalidation): 1.1035 Our preference Short positions below 1.1035 with targets at 1.1015 & 1.1000 in extension. Alternative scenario...
GOLD targets further weakness with eyes on 1,479.89 level following its two-day declines. On the downside, support sits at the 1,490.00 level where a break will turn focus to the 1,480.00 level. Further down, a cut through here will open the door for a move decline towards the 1,470.00 level...
EURUSD continues to retain its broader downside pressure as it holds on ti its broader medium term weakness. Support comes in at the 1.1000 where a break will turn risk to the 1.0950 level. A breach below here will target the 1.0900 level. Further down, support stands at the 1.0850...
Creating a trading plan If you’re serious about becoming a trader, a trading plan will be vital. Here we discuss some important assets your trading plan should contain. Assessing your skill Have you tested your strategy? Are you confident that it would work...
USDCHF looks to extend its short term recovery pressure. Resistance comes in at the 0.9950 level. Above here, resistance lies at the 1.0000 level and then the 1.0050 level. Further out, resistance stands at the 1.0100 level...
