[ad_1] EUR/USD: Mr. Powell and Mrs. Lagarde – Much Talk, Little Substance ● Last week’s business activity data from both sides of the Atlantic proved to be exceptionally weak. The euro came under selling pressure due to a decline in Germany’s Services PMI from 52.3 to 47.3, which in turn pulled down the Composite Business
[ad_1] A popular trading expression is “the trend is your friend.” This expression has stood the test of time because trends are critically important to any trading plan. Forex trendlines can be seen in almost any charting analysis due to its usefulness and simplicity. This article provides traders with an in-depth guide on what trendlines are, how to
[ad_1] 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, NZDCHF, EURAUD, GBPAUD, GBPCAD. Settings: The default settings are already configured for the trading currency
[ad_1] NAVIGATING SUCCESS: COVARIANCE, DIVERSIFICATION, AND RISK-RETURN MANAGEMENT IN MULTI-INVESTMENT FOREX PORTFOLIOS In the realm of foreign exchange (FOREX) trading, where currencies ebb and flow like tides, skilled traders seek not only to ride the waves of opportunity but also to mitigate the risks that come with market volatility. Enter covariance, a fundamental concept that
[ad_1] Good evening. Today I traded according to the signals of my indicator. Trading the NZDUSD pair on the M5 timeframe. Great result, today I earned $ 31. Buy signal: up arrow. If there are open sell positions, they need to be closed. Sell signal: downward arrow. If there are open buy positions, they need to be closed. There are situations when
[ad_1] Most forex traders, irrespective of their trading skill levels, prefer using SMA because of its simplicity and ease of understanding. Using the indicator tool involves dividing the accumulated total of data points over a set period with the number of periods basing everything on the current currency prices. Furthermore, the indicator tool creates signals
[ad_1] Hello traders, Today I spotted three trading setups and i placed four positions in total. My first setup was in EURJPY M30. It was a well-formed Supply Zone that was formed in within higher timeframe Supply Zone. I clicked on the Zone Label and i created two Short Positions. My first TP Target was
[ad_1] EUR/USD: What Strengthens the Dollar and What Can Weaken It ● The US currency maintained its ascent last week. The minutes from the Federal Open Market Committee (FOMC)’s July meeting of the US Federal Reserve were published on Wednesday, August 16, suggesting the possibility of further monetary policy tightening. Before the minutes were unveiled,




