List and brief explanation of the inputs of version 7 of NEXUS for MT5 Symbol Selection: Regardless of Prefix or Suffix. Often, some brokers add additional suffixes to symbols, such as “EURUSD.p”. However, there’s no need to worry about this. In the following input, you can simply select “EURUSD” or other similar symbols, without considering
Introduction: In the ever-evolving landscape of predictive analytics and decision-making systems, the Gladiator Advisor stands as a groundbreaking fictional creation, combining the power of ARIMA (AutoRegressive Integrated Moving Average) with a neural network (NN) bolstered by reinforcement learning. This innovative fusion of technologies has led to unprecedented results in forecasting, prediction, and decision-making, revolutionizing the
Today I present you an overview of trades made using the Owl strategy – smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from July 31 to August 4, 2023. There were opened in total 5 trades on two out of three currency pairs. For convenience and timely receipt of signals
Inflation in the US is declining. It is a fact. But it still remains above the Fed’s 2% target. If at a meeting in July the Fed leaders, even in the face of declining inflation and approaching its target level, nevertheless raised the interest rate and expressed their readiness to continue the cycle of tightening
The harami price action pattern is a two candle pattern which represents indecision in the market and is used primarily for breakout trading. It can also be called an ‘inside candle formation’ as one candle forms inside the previous candle’s range, from high to low. Here is an example of what a bearish and bullish harami candle
Good morning, afternoon and evening all. It is a holiday in Australia, but the markets never sleep (they might take a nap from time to time). Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow traders? Let’s get started. PS Eamonn is off this week. Sorry
UPCOMING EVENTS: Monday: Canada Holiday, Swiss Unemployment Rate, BoJ’s Summary of Opinions. Tuesday: NFIB Small Business Optimism Index. Wednesday: China CPI. Thursday: US CPI, US Jobless Claims. Friday: Japan Holiday, UK GDP, US PPI, University of Michigan Consumer Sentiment. Monday: The BoJ’s Summary of Opinions will be scrutinised by market participants for details and clues
Monday: Fed’s Kashkari (hawk – voter) kept the door open for a rate hike in September as the FOMC remains data dependent: Not sure when the Fed will be done raising interest rates, making good progress. Will let the data guide the Fed, may or may not raise rates in September. US Economy has remained
Advantages of Using RSI in Forex The popularity of RSI as a forex indicator is a product of its distinct advantages as a research and evaluation tool. Top benefits of using RSI include: It utilizes a simple mathematical formula. Unlike other technical indicators, the math behind RSI is simple enough that traders could do it by
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