Forum on trading, automated trading systems and testing trading strategies
Something Interesting in Financial Video November 2013
Sergey Golubev, 2013.11.19 10:01
This lesson describes the ADX with the DI+ and DI- Directional Indicators, and also shows how they are commonly use
The Wall Street Code
The Wall Street Code: a thriller about a genius algorithm builder who dared to stand up against Wall Street. Haim Bodek, aka The Algo Arms Dealer.
From the makers of the much-praised Quants: the Alchemists of Wall Street and Money & Speed: Inside the Black Box. Now the long-awaited final episode of a trilogy in search of the winners and losers of the tech revolution on Wall Street. Could mankind lose control of this increasingly complex system?
Something Interesting in Financial Video July 2013
Sergey Golubev, 2013.07.01 12:56
Warren Buffet once said, Price is what you pay, but Value is what you get. Professional traders understand that we can find great value on our trades by understanding support and resistance. There are multiple ways to identify support and resistance price levels. Many traders turn to pivot points to identify safe price levels to enter and exit our traders. You will be able to find multiple forms of pivot points; however, we believe that camarilla pivots are the best.
Just to remind - we are having few related indicators in Metatrader 5 CodeBase:
Something Interesting in Financial Video August 2014
Sergey Golubev, 2014.07.31 20:29
How high frequency trading works
High frequency trading has roiled the stock and bond markets. The
machines have taken over, and they can do far more business than a human
can. But HFT has plenty of risk attached, as this short video explains.
Sergey Golubev, 2015.09.28 17:37
Bullish intra-day reversal based on negative data for Pending Home Sales news event (adapted from realtor.org article)
The price for EUR/USD M5 timeframe broke 100-SMA and 200-SMA from below to above together with symmetric triangle pattern and stopped below 1.1234 resistance level. The price was reversed from the bearish to the bullish market condition because of negative data for Pending Home Sales news event. If this level is broken so the bullish trend will be continuing on this timeframe.
"Pending home sales retreated in August but remained at a healthy
level of activity and have now risen year–over–year for 12 consecutive
months, according to the National Association of Realtors®. A modest increase in the West was offset by declines in all other regions."
"The Pending Home Sales Index,
a forward–looking indicator based on contract signings, decreased 1.4
percent to 109.4 in August from 110.9 in July but is still 6.1 percent
above August 2014 (103.1)."
NAR chief economist, says even with the modest decline in contract
signings, demand continues to outpace housing supply and elevate price
growth in numerous markets. "Pending sales have leveled off since
mid–summer, with buyers being bounded by rising prices and few available
and affordable properties within their budget," he said. "Even with
existing–housing supply barely budging all summer and no relief coming
from new construction, contract activity is still higher than earlier
this year and a year ago."
As to the GOLD (XAU/USD) so M5 price was on bear market rally within the primary bearish market condition for trying to break 100-SMA to come to the ranging area of the chart. The key 'reversal' resistance for this timeframe is 1135.28, and if the price breaks this level so we may see the ranging condition with the good possibility to the bullish reversal in the near future.
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