Are you an avid trader looking to enhance your technical analysis arsenal? If so, you’re in the right place! Candlestick patterns are a powerful tool that can provide valuable insights into market trends and potential price movements. In this article, we’ll delve into the world of Candle Patterns MT4 Indicator, exploring its significance, functionality, and
This snippet from ANZ on oil demand in China, some better news: signs of strength in China’s jet fuel market are likely to boost sentiment. China weekly flights have surged 13% above pre-COVID levels in the week ending 20 August. International travel is picking up, with bookings for overseas group tours during the National Day
Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices extend recent push higher to trendline Retail traders are becoming slowly more bearish Will XAU/USD push higher in the coming sessions? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices have been aiming higher in recent weeks. In response retail traders have
Overview: The language is designed for trade management with a focus on automating the movement of stop-loss levels based on specific price conditions. With this formula language, you can automatically move your trade to break-even at a particular Risk-Reward (RR) ratio or trail your stop loss at multiple RR levels. Whether you want to compensate
Share: US inflation expectations can be held responsible for the market’s latest dislike for the US Dollar, after fueling the Greenback to the multi-day high in the last week. That said, the inflation expectations, as per the 10-year and 5-year breakeven inflation rates from the St. Louis Federal Reserve (FRED) data, reverse Friday’s
The news out of China from the weekend was of supportive policy moves: A snippet from UBS, analysts there are optimistic on the developments. On more broader moves from Chinese policy makers: China’s broader package of response measures is starting to take shape. This latest round of measures adds to a growing list of steps
Australian Dollar, AUD/USD, China, HSI, CSI 300, BoJ, Ueda, USD/JPY, Euro – Talking Points The Australian Dollar nudged north on Monday on improving risk appetite China cut the cost of transacting on stocks but then put the brakes on its IPO market With Jackson Hole out of the way, markets might look to the data
Get this Free Trial Version of Backtest Assistant Indicator and test it out! How to use: Download “IoTraders_Backtest_Assistant_Free_Trial_2023_only.ex4” Run MetaTrader4 🡢 File 🡢 Open Data Folder 🡢 MQL4 🡢 Indicators Copy and paste the downloaded “IoTraders Backtest Assistant Free Trial 2023 only.ex4” file to the Indicators folder Back to MetaTrader4 Right click the Indicators section in Navigator 🡢 Refresh Double left click Indicators section in Navigator to
Share: The British Pound (GBP) stopped its free-fall on Monday against the US Dollar (USD) amidst a UK Summer Bank Holiday, which spurred choppy trading amongst most FX pairs during the overlap of the London-New York session. At the time of writing, the GBP/USD is trading at 1.2601, gaining 0.19%. Read More… The Pound Sterling
GBP/USD ANALYSIS The British pound gained ground against the U.S. dollar, but its advance was limited, as traders embraced a cautious position and avoided taking large directional bets ahead of the August U.S. payrolls report due for release on Friday. Given the Fed’s data-dependent approach, labor market incoming information will play a crucial role in
