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Market Update – September 1 – New Month Same Story – Dollar Bid
Thu, 01 Sep 2022USDIndex – holds at 109.00 highs from a test of 108.50 support. Yields rallied again, Dollar on the frontfoot ahead of NFP & Labor Day Holiday, ADP (following revisions to... Read more
Golden Ratio Pullback Forex Trading Strategy
Thu, 01 Sep 2022Different traders have different approaches when it comes to trading the forex market. Many view forex trading as a fixed science. They would look for recurring scenarios in the forex... Read more
Reversal Bar Indicator for MT5
Wed, 31 Aug 2022Introduction to the Reversal Bar Indicator Many traders are often faked-out by candlestick patterns whenever they try to anticipate short-term momentum reversals using candlestick patterns alone. This is because patterns... Read more
AUDUSD Ends August with 1.8% Loss
Wed, 31 Aug 2022The Australian Dollar is often used as a proxy for China’s economic growth. The AUD briefly rose 0.7% against the USD in Wednesday’s Asian trading to 0.6903 as the relief... Read more
RSI with BB MT5 Indicator
Wed, 31 Aug 2022The indicator consists of an RSI and Bollinger bands calculated on it, it also plots arrows when RSI value was out of Bands and came again in Bands. ... Read more
London Breakout Forex Trading Strategy
Wed, 31 Aug 2022Trading the forex markets is partly getting the right trade direction. The remaining part is all about timing. Getting the trade direction right is easy. Timing the trade right is... Read more
Mod ATR Trailing Stop Loss Indicator for MT5
Wed, 31 Aug 2022Introduction to the Mod ATR Trailing Stop Loss Indicator One method traders use to identify trend direction and trend reversals is with the use of a multiple of the Average... Read more
Market Update – August 31 – Stocks & Oil tank, Yields rally
Wed, 31 Aug 2022USDIndex – remains capped at 109.00 with support at 108.20 today. Tight JOLTS report adds to pressure for a 75 bp next month; Fed Fund Futures now sit at 68.5%. ... Read more
EURCHF : ECB Member Hawkish Comment Lifts EUR
Tue, 30 Aug 2022EURCHF has extended its 0.9551 rebound this week to 0.9775. The gains follow the release of German Consumer Price Index data showing that annual consumer price inflation hit 7.9% for... Read more
Demark Trendlines MT5 Indicator
Tue, 30 Aug 2022... Read more