Ahmad Hassam / Blog
If you want a mechanical trading system, you can download this ForexProfit Nexus System. Go through the 13 page PDF that explains the ForexProfit Next Trading System. Then use the installer to install the indicators and template. Test the ForexProfit Nexus system on your practice account...
Federal Reserve Bank is a very powerful central bank. Federal Reserve Bank has tremendous influence over financial markets. Surprisingly many traders have no idea how this bank works and sets its policy. FOMC (Federal Open Market Committee) is the most important decision making body in the bank...
Technical Traders disregard fundamental analysis. According to them price reflects all available information. We should only look at the charts and make decision accordingly. After watching your patterns fail repeatedly you will start thinking what's wrong...
Currency market is a social system like all financial markets. Currency market has a central role in the financial system. Many of us fail to realize this that currency market comprises thousands of thousands of people...
MT4 as well MT5 have become popular trading platforms over the years. But both MT4 and MT5 have severe limitations when you develop EAs you realize it. MQL4 and MQL5 are basic languages that copy C++ syntax but lack good libraries...
In algorithmic trading, you need solid quantitative models. State space is a approach that has been very successful in control theory. In the last few decades state space models have also become popular in finance. Kalman Filter is a popular state space recursive algorithm...
Is Triple Exponential Moving Average a good indicator? I have written a blog post in which I have discussed how to trade with TEMA. Before you use an indicator in your trading strategy, it is always a good thing to study it. Study it means you should know how the indicator is calculated...
Candlestick patterns are leading signals for trend reversal and trend continuation. However interpreting these candlestick patterns is an art that requires years of experience. Candlestick patterns are most of the time vague and imprecise...
Everyone is going crazy for Bitcoins while few know about Ripple. Last year Ripple made a tremendous gain of 22,000% making it the best cryptocurrency. Ripple (XRP) ended last year as the second cryptocurrencysurpassing Ethereum. In January last year XRP was trading around $0...
Bitcoin crashed 50% this Friday just before the start of the Christmas Holiday. From around $19K, BTCUSD fell to around $10K then made a recovery to around $13K. When the market opens after Christmas holidays BTCUSD can fall futher and can go below $8K...