Next week (Wednesday) the next meeting of the Bank of Canada will take place, and economists fear that in the context of accelerated inflation, the leaders of the Canadian Central Bank will be forced to go for a new increase in interest rates, even despite the risks of plunging the national economy into recession. All
Hello traders, Today I spotted two trading setups. My first setup was in USDCAD H1. Price was deeper inside the Supply Zone. The Supply Zone was well formed and also was formed inside Daily Supply Zone. For all those reasons i decided to click the zone label and create two Sell Market orders. The RR
1. The Theory – How to Use Indicator Developed by Marc Chaikin This an oscillator Indicator, it measure the Accumulation/distribution of money that is flowing into and out of a currency pair. The indicator is based on the fact that the nearer the closing price is to the high of the price, the more the
Treasuries and Wall Street rallied to kick off the last week of the month for what’s been a pretty bearish August. The same stands so far today. Rate hike fears amid a “higher for longer” policy stance, supply concerns, worries over spillover from slowing growth from China, mixed earnings, and fading AI enthusiasm helped knock
It has been a poor month for gold but the technical picture shows that it could’ve been a whole lot worse. Gold is now trading back to around $1,923 but was close to around $1,885 at the lows this month – its lowest levels since March. Gold (XAU/USD) daily chart So, what does the technicals
In a world where borders are becoming increasingly blurred, there’s one marketplace that epitomizes the very essence of globalization – the foreign exchange, or forex, market. With an average daily trading volume surpassing $6 trillion, forex stands as the world’s largest financial market. But what drives its pulsating rhythm, and why are so many traders
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
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
**Gold Majesty EA – Ultimate Trading Guide** **Settings and Optimization Blueprint** **Currency Pairs:** XAUUSD **Account Type:** Classic, ECN, PRO **Leverage:** Any Leverage **Minimal/Recommended Deposit:** $3000 Welcome to the world of Gold Majesty, a cutting-edge Expert Advisor meticulously designed to unlock the potential of XAUUSD trading. This comprehensive guide will empower professional traders like you to
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” Open MT4 🡢 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 MT4 Right click the Indicators section in Navigator 🡢 Refresh
