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
Hero EA Settings Guide MT4:mql5.com/en/market/product/102997 MT5: mql5.com/en/market/product/102998 The maximum power of the expert: Enable or disable maximum trade (signal) If this setting is active, the number of signals or trades will increase.If this setting is disabled, the number of signals or trades will be reduced. Permission to trade Buy: Activation or deactivation of “buy” trades
Forex robots have become an important element of the forex market nowadays. The main aim of a forex trading robot is to remove the psychological element from trading, as often it can prove to be detrimental, especially when traders are still beginners and not so used to making objective and reasonable trading decisions. With our
NordFX, the brokerage firm, has summarized the performance of its clients’ trading transactions for July 2023. The social trading services, PAMM and CopyTrading, have also been evaluated, as well as the profits gained by the company’s IB partners. – The highest profit in July was achieved by a trader from Western Asia, with account number
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
UPCOMING EVENTS: Monday: China PMIs, EZ GDP, EZ CPI. Tuesday: RBA Policy Decision, EZ Unemployment Rate, US ISM Manufacturing PMI, US Job Openings. Wednesday: NZ Jobs Report, US ADP. Thursday: Swiss CPI, BoE Policy Decision, US Jobless Claims, US ISM Services PMI. Friday: US NFP, Canada Jobs Report. Monday: The Eurozone CPI Y/Y is expected
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
EUR/USD: The Global Economy Is in Danger Again ● So, EUR/USD broke through the key support level formed in 2016. It fixed a low at 0.9899 on Tuesday, August 23, the low the pair traded 20 years ago, in November-December 2002. The euro lost about 485 points to the dollar lover the past year alone.
EUR/USD: Back to 1:1 Parity ● EUR/USD has been moving sideways in the 1.0100-1.0270 channel for more than three weeks. All attempts to break through its upper or lower border ended in failure. This movement continued until August 10, when, after the publication of data on inflation in the US, the pair went up sharply,
EUR/USD: Weak Inflation Weakens Dollar ● EUR/USD has been moving sideways in the 1.0100-1.0270 channel for more than three weeks. Attempts to break through its upper or lower border ended in failure each time. Even very strong data on the US labor market, which came out in the first week of August, did
