Hello traders, Today I spotted two trading setups. My first setup was in CADJPY M5. It was a well-formed Supply Zone that was formed in compliance with Bearish Trendline. I decided to place two positions on this setup. So i clicked on the Zone Label and i created two Sell Market Orders. The first TP
Inflation in the UK is slowing down. However, it remains the highest among all developed countries. Thus, from the report of the Office for National Statistics, published on July 19, it follows that annual inflation in the UK in June fell to 7.9% (stronger than the forecast of 8.2% and significantly lower than the May
RSI INDICATOR EXPLAINED – WHAT IS THE RSI INDICATOR? The “Relative Strength Index”, or “RSI”, indicator is a popular member of the “Oscillator” family of technical indicators. J. Welles Wilder created the RSI in order to measure the relative changes that occur between higher and lower closing prices. Traders use the index to determine overbought
Harvesta is an Expert Advisor that makes use of “Probabilistic approach” to trade the congestion zones using the demand and supply principles. It is smart, robust, not adversely affected by any broker, leverage, and slippage. Recommendations Timeframe: M15 Balance: 3000 Pairs: NZDCAD, GBPNZD, AUDCAD, AUDNZD, NZDUSD, EURGBP, USDJPY, NZDCHF, EURAUD, GBPAUD, GBPCAD. Settings: The default settings are already configured for the trading currency
Looking for the best way to Invest in forex or recover your losses? The XAUUSD OpenEA TradeGPT EA Pro will make profits for you on Auto. Think About +80% profit trades in matter of months. Gold is one of the best out of all forex trading pairs, you know why? It generally performs well during global crises. Gold
EUR/USD: Not hawks anymore, not doves yet ● The past week was filled with both events and the release of macroeconomic data. Regarding the Federal Reserve meeting on July 26 and the European Central Bank meeting on July 27, there were no surprises in terms of key interest rate hikes. In both cases, they were
The Hammer The hammer price action pattern is a bullish signal that signifies a higher probability of the market moving higher than lower and is used primarily in up-trending markets. Here is an example of what a hammer candle looks like:
It is expected, with a probability of almost 100%, according to the CME Group, that the Fed will raise interest rates by 25 bp to 5.5%, and this decision is already priced in. But here’s how the Fed leaders will act further in relation to the parameters of monetary policy, here the intrigue remains. Many
Most traders will agree that there are few things more enjoyable than riding a steady up trend all the way to the top. Unfortunately, as the old adage goes, “all good things must come to an end”. This is particularly true in trading which is why it is essential to understand when a move to the downside
Hello traders, Today I spotted two trading setups. My first setup was in USDCHF M15. It was a well-formed demand zone that was formed inside larger demand zone of the same timeframe. I decided to place two positions on this setup. Price touched this demand zone and went through it. As you can see from
