We have been calling this level on USDJPY for several days now, as 109.110 also corresponds to 100% extension. However topping tails on 1H chart and resistance ahead are slowing down USDJPY rally...
We are currently Long on a very good price at USD/JPY in yesterday’s support, however we took the risk of holding this position overnight. Enter long in case price breaks 108.4 and put stop loss slightly below 108.250. Initial target for this long is 108...
Reversal candles in H1 chart, suggesting that EUR/USD may retrace as in previous days when we have seen such strong reversal signs. It is being traded in overbought level and has consolidated these last days with few new highs which have been sold immediately... Read More...
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Quantum Financial, Inc. announced Best-In-Class Trading System with Ultra High-Speed and Algorithmic Trading Strategy Based on Big Data Analysis. Transactions of stocks or derivatives have been currently implemented by computers instead of humans...
At testing high-frequency advisers it is necessary to pay attention to a method of generation of tics. Results of tests can differ depending on what you use data - the generated tics or real tics. Examples look below: Example 1 Example 2 Example 3...
One of the most important concepts a scalper needs to master is how to find levels of support and resistance. These levels will act as price ceilings and floors which will ultimately help us determine our scalping strategy...
Traders should have a checklist to consult prior to making any major trading decisions. These steps are critical for Forex scalpers as they often have to make these choices on a moment’s notice...
Micro Lot A micro lot is the term used for a 1,000 unit trade, which on most major pairs come out to about $0.10 of risk per pip. This is the smallest trade size available and is a great size for traders that don’t have much capital to trade...