R is a powerful open source software for machine learning and data science. There are many things that you cannot do on MT4 or for that matter MT5. That includes machine learning artificial intelligence algorithms to predict price...
Analytics & Forecasts
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7 December 2016, 06:40
Mondays not always but sometimes give you very good trades. This Monday, EURUSD opened up with a huge gap down. Whenever there is political uncertainty in Europe, EUR/USD will start showing nervousness...
Trading Strategies
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6 December 2016, 07:46
Candlestick patterns are vague and imprecise. You never know which candlestick pattern is significant. You see an inside bar and open a sell trade later to find price hitting the stop loss and going up...
Analytics & Forecasts
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6 December 2016, 06:20 #chart patterns
Support Vector Machines are an important tool when it comes to Statistical Learning also known as Machine Learning. Support Vector Machines and Neural Networks are two of the most cutting edge tools in machine learning. The problem with Neural Networks is that they can get stuck in a local minima...
Neural Networks
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6 December 2016, 06:20
USDJPY pair is heavily controlled by the Japanese Central Bank (JCB). JCB constantly intervenes in the market to weaken or strengthen Yen (JPY) according to their requirements. Whenever there is a monetary policy statement scheduled by JCB, just assume that USDJPY will move big time...
Analytics & Forecasts
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5 December 2016, 09:03 #usd/jpy
Trading trends can be very profitable if you can do it right. Pips Wizard PRO is a new trend indicator. Test this Pips Wizard Pro indicator on a demo account. Testing means making something like 50-100 trades. Make these trades on different timeframes and different pairs...
Trading Systems
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5 December 2016, 06:35
If we can predict the weekly high, low and close, we can make our trading system more accurate. In this blog post I have used the NeuralNet R package to train a model that predicts the weekly candle high, low and close...
Neural Networks
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4 December 2016, 16:58
NFP Report is an important economic report that is released by US Bureau Of Labor Statistics. NFP Report is released at exact 8:30 AM first Friday of each month. This report gives the number of jobs that were created last month. Read the blog post where I explain how to trade NFP Report...
Trading Strategies
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4 December 2016, 11:58 #EUR/USD
This has been reported on the Wall Street Journal. I have reproduced the Wall Street Journal report that details how traders were defrauded by Saxo Bank. This happened in January 2015 when Swiss National Bank surprised the global markers with its decision to unpeg Swiss Franc...
Brokers
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4 December 2016, 06:28
Binary options trading is very popular now a days. Binary options trades are set and forget. There is no stop loss involved. You just need to predict the market direction correctly...
Neural Networks
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3 December 2016, 12:08