Ahmad Hassam / Blog
Do you know about London Gold Fix that takes place twice daily? Twice daily the benchmark price of gold is fixed with the collusion of a few banks in London. I have written this post in which I have posted videos and explained in detail how London Gold Fix Benchmark is manipulated...
Bollinger Bands are popular with many traders. Bollinger Bands is a volatility indicator similar to the Keltner Channel. When the bands widen, it is an indication of high volatility in the market. When the bands narrow down, it is an indication of low volatility in the market...
Why multiple timeframe analysis is important in currency trading? If you want to develop a big picture, first take a look at the higher timeframe. This gives you the picture of the main trend. On lower timeframe you will find price moving against the main trend...
Binary options give you the chance to bet on the direction of the market. Basically you bet that price will be above or below a certain price level at the end of a certain time period. If you think that price will be above a certain level, you buy a call option...
Trend is your friend until it bends. This is the motto for most trend traders. But you can use the trend for scalping as well. When price retraces, you enter a trade in the direction of the trend. This method has some advantages. The most important is your chances of winning are higher...
High Frequency Trading data is hard to get free. Most of the people subscribe to price feeds and pay $50-$100 per month. In this post I give you the python code to download High Frequency Trading Data from Google Finance. The lowest time interval is 1 minute...
Forex scalping is a good strategy that is practiced by many traders. If you have a high winrate something like 70% and you take care of Reward/Risk you can make your account grow. Just keep your Reward/Risk per trade on average to 1:1 and just make sure you don't enter into silly trades...
Renko charts have also been invented by Japanese traders just like candlestick charts. However renko charts are different than candlestick charts. Renko charts eliminate time altogether and instead focus on a minimum price movement defined by the trader...
Preliminary UoM Consumer Sentiment Report is released on 15th of each month. UoM stands for University of Michigan. UoM Consumer Sentiment is a telephone survey comprising 500 people. The survey participants are asked questions on their expectations regarding the US economy...
Forex scalping is a strategy pursued by many traders. I personally don't believe in scalping. For me scalping is tiring. You need a lot of focus when you are scalping. Daily scalping the market can fatigue you and tire you quickly...