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Scalping on the M1 timeframe is a popular trading strategy among traders. It involves opening and closing trades within a short period, typically a few seconds to a few minutes...
EUR/USD: USA Labor Market Stops USD ● Jerome Powell played on the dollar side last week. Of course, the Fed Chairman knew that markets expected an interest rate increase of 25 basis points (bps) from the next FOMC (Federal Open Market Committee) meeting...
Pivot point trading system is one of the popular trading techniques used by traders. This technique is based on the calculation of pivot points, which are points where price movements tend to reverse or continue...
Hello Traders, we had a trade on AUDUSD H1 timeframe that today 10 March 23 the market already moved +2300 points of profit after the red candle and the volume confirmations appeared...
The Martingale strategy is one of the most popular betting systems among gamblers. It is a simple and easy-to-understand system that has been used for centuries. The Martingale system is designed to help players recover losses and win big in the long run...
The Moving Average Convergence Divergence (MACD) indicator is a popular technical analysis tool used by traders to identify trends and momentum in price movements...
MQL4 is a programming language designed specifically for creating automated trading systems on the MetaTrader 4 platform. It is widely used by traders and developers to create custom indicators, expert advisors (EAs), and scripts that can be used to automate various trading strategies...
How to save a product ex file In this article, I will teach you how to save a ex4 or ex5 file. The purpose of this work is to keep the product file before updating that product so that you can have both the previous version and the new version through the update...
Hello Traders, we had a trade on USDCAD H1 timeframe that today 09 March 23 the market already moved +2800 points of profit after the green candle and the volume confirmations appeared...
Different financial instruments do not move in isolation. Instead, the markets are intertwined, and the prices of different assets are related. This concept is known as “correlation...
1. Risk Percentage - here you can set Percentage of you potential Loss from your Deposit. For a example, if your Deposit 500$ and you set 5%, so EA will calculate the volume of the deal so, your loss was no more than 25$. 2...
Hello , Many traders believe that they can be in profit only if they place a lot of trades. That is a completely wrong midset. My experience has shown me that overtrading leads us to mostly red days. You don't have to place a lot of trades in order o be profitable...
Hello traders, One more day that markets were not moving much.I managed to spot 3 quality setups. A short setup on EURJPY H4, a long setup on GBPJPY M15, and a long setpup on US30 H1. I closed the short setup on EURJPY with a small profit and the other two i closed them in total profit...
Trading strategy for MetaTrader 4 based on the SFT Normalized ATR indicator The strategy is suitable for any currency pairs, as well as for trading metals, indices, options and cryptocurrencies (Bitcoin, Litecoin, Ethereum, etc...
As I read through chat forums full of Forex traders describing their trading methods, it strikes me that it is extremely common to attempt to gain control over the trading process by adopting targets for just about every variable...
GBP/USD is correcting losses and trading above the 1.2000 zone. USD/CAD is struggling to clear the 1.3650 resistance zone. Important Takeaways for GBP/USD and USD/CAD · The British Pound started a decent recovery wave above the 1.2000 resistance zone...
EUR/USD: Pause in the 1.0600 Zone ● On Thursday, March 02, the DXY dollar index broke again through the bar at 105.00 points but could not stay there. As usual, the dollar was supported by an increase in US government bond yields...
Day trading is all about watching chart all the day and sometimes on night too, A day trader executes multiple trades in a day and tries to make profit using leverage provided by broker. In Crypto broker provides upto 200x leverage while in Forex, broker allows unlimited leverage...