Ahmad Hassam / Blog
If you remember on 15h January 2015, Swiss National Bank suddenly un-pegged Swiss Franc from Euro. In just a few minutes USD/CHF fell more than 1800 pips. Traders who were trading Swiss Franc CHF pairs suffered catastrophic losses. Forex brokers lost millions of dollar...
Facebook released its Prophet Forecasting Algorithm to the public in March of this year. Facebook Prophet Algorithm is a robust algorithm that is being internally used by Facebook team. This algorithm is available to the public as an API in both R as well as Python...
Infinity Scalper is a new forex scalping indicator that has hit the market. You can check this Infinity Scalper and see it it gives good performance or not. The problem with most indicators is that they simply don't work...
Trend Profiteer Trade Management Software has been developed by Michael Nurok. Michael Nurok has been running his forex signals service with the name Traders Elite for many years now. He has a proven track record as a successful trader with above 80% average winrate...
EURNZD is a good pair for trend trading. This is how the trend can develop on EURNZD. EUR/USD is falling and NZD/USD is rising. So EUR/NZD will fall strongly But we don't need to look at EUR/USD and NZD/USD charts...
AUDUSD pair is correlated with EURUSD. But I never use correlation in my trading. This correlation stuff is too hyped. Currency pairs move according to their own requirements. So it is always a good idea to ignore correlation altogether and focus on risk management more...
USD/CAD is correlated with crude oil price in the market. But you cannot use this information in your trading. Now you should use candlestick patterns when making entry and exit decisions. Read this blog post in which I analyze in detail a recent USD/CAD short trade...
GBP/USD has fallen more than 300 pips on UK Election results. Neither the Conservative Party nor the Labor Party could win the majority. GBP/USD started falling when the exit poll results showed that Conservative Party wont win a majority. Thursday was difficult day for the currency traders...
USD/JPY is a great pair that I love to trade a lot. USD/JPY is controlled tightly by Bank of Japan (BOJ). A strong Yen hurts Japanese economy. BOJ always takes drastic action when USD/JPY falls to low. This is the time when BOJ entervens and USD/JPY shoots up...
NZD/USD is a great currency pair that I love to trade often. NZD/USD is tightly managed by Reserve Bank of New Zealand. What this means is that it gives few surprises unlike other pairs like GBP/USD, USD/CAD. Most of the time we can find very low risk trades on NZD/USD...