US DOLLAR TECHNICAL ANALYSIS - Prices continues to tread water after sliding to a three-week low last week. A daily close below the 11834-9 area (May 20 close, 50% Fibonacci retracement) exposes the 61.8% level at 11790...
Why Is This Event Important: BoE Governor Mark Carney may sound increasingly hawkish over the coming months as the central bank head anticipates stronger price growth in the second-half of 2015, and we may see a growing number of Monetary Policy Committee (MPC) officials prepare U.K...
For today R4 - 0.7863 R3 - 0.7846 R2 - 0.7819 R1 - 0.7793...
How to subscribe Trading Signals MQL5 your Trading Platform 1. Register account MQL5 >>https://www.mql5.com/en/signals/112694 2. Connect your MQL5 account with MetaTrader 4 / MetaTrader 5 terminal...
Why Is This Event Important: Signs of a stronger recovery may encourage the Federal Open Market Committee (FOMC) to adopt a more hawkish tone at the June 17 interest rate decision, and expectations for higher borrowing-costs may spur a resumption of the long-term bullish USD trend as the central...
Good Afternoon (East Indonesia Time...
Technics "Magnetism OF FIBONACCI ARCS" This mapping technique I observed pattern still accurate and to analyze the next 1-2 months .. the objective determine the movement and rally or candle chart pattern that will come: Step 1 = sliding chart shifts to the middle of full stuck...
fibo telescope that use Fibonacci retrechmen in motion or pattern formation chart pattern that will run, in this case we are able to map and detect movement chart .. very simple and very easy is to divide your windows with fibo mt4 archs, Fibo fan, oblique line, line horizontal and vertical line...
Let's make a simple and quick introduction to one of the most interesting fields today - Data Mining. There is a wide range of Data Mining applications. We should integrate Data Mining in our FX trading. FX, FOREX or the Foreign Exchange FX is the biggest market in terms of daily traded volume...
Click on my name for further discussion... These are the famous words spoken by Keynes the great economist. When I see 15 year optimizations on an EA, I wonder. How useful is that. I guess mathematically if an EA s performance over 15 years can average a profit probably means it is resilient...
For experienced traders in the forex market, Abandoned Baby candlestick patterns is amarker of reversal trend...
1. Be different. If you think that making money is about doing exactly as everyone else is, then you have got it all wrong according to Buffett. 2. Be a planner. Buffet calls it “thumb sucking” when you sit around and act like a kid that doesn’t know what to do...
Bonds. These are generally regarded as among the safest income investments, as they are essentially a loan made with the promise of more being repaid than what is loaned. Dividend Stocks...
Michael Lewis on Dick Thaler, the Economist Who Realized How Crazy We Are (BV) 11% of hedge funds manage 92% of total industry capital (CIO) see also The Billion Dollar Club (TRB) Lehman Brothers ex-CEO blames everyone else for financial crisis (Politico) Why Do Former High-School Athletes Make M...
Phase I "Following the ECB QE announcement on Jan. 22, EUR/USD settled around 1.14 for 5 weeks. On Feb. 26, higher-than-expected core CPI (for Jan.) caused EUR/$ to fall two big figures to 1.12...
1. Financial freedom Being a successful trader not only means that you can make a lot of money, but much more importantly, it means you have freedom. You have freedom to essentially do what you want when you want, and you really can’t put a price on that. 2...
An upward revision in the U.K. 1Q Gross Domestic Product (GDP) print may heighten the appeal of the British Pound and spur a near-term rebound in GBP/USD as signs of a stronger recovery raises the Bank of England’s (BoE) scope to normalize monetary policy sooner rather than later...
The basic elements of the strategy are as follows: 1. Identify a market that is in a bear trend on the 5 minute chart 2. Wait for a retracement in which the low of latest candle is above the 20 EMA 3. Go short, targeting the low of the day...
Interview with Al Brooks, price Action day trader and the author of 'Trading Price Action Reversals'
1. Brooks is a price action trader with 27+ years of experience. 2. He is an active day trader, trading off the 5 minute chart. He trades the entire day. 3. He has a purely technical approach, relying totally on price action with just a few moving averages. 4...
