[ad_1] Towards the end of the week, the American currency managed to resume medium-term growth. Reversal combinations among commodity currencies were broken, and the pound, yen and euro went to test new lows. The sharp strengthening of the US dollar is most likely caused by the worsening geopolitical situation in the Middle East, rising oil
[ad_1] Seasonal patterns in the financial world are akin to well-guarded secrets that successful investors leverage to their advantage. These patterns are recurring price movements that occur during specific timeframes or around particular events. In this article, we delve into some of these patterns and tips for their optimal use. Additionally, we will explore how
[ad_1] Hello Traders, we had a trade on CHFJPY on H1 time-frame that today 24 October 23 the market already moved +3000 Points! In this trade we looked first at green candles from Italo Trend showing that the market is going to trend. The last confirmation of the trend trade were the neon green line
[ad_1] EUR/USD pause falling this 2 weeks, is the EUR/USD down trend ended ? don’t be too optimistic. please check this chart, the blue line is our model indicator, the model value has droped to the low of Nov 2022 (0.9824 ) , right now the EUR/USD close price is 1.0594 , there is still
[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] A type of chart, developed by the Japanese, that is only concerned with price movement; time and volume are not included. It is thought to be named for the Japanese word for bricks, “renga”. A renko chart is constructed by placing a brick in the next column once the price surpasses the top or bottom of the previous
[ad_1] EUR/USD: No Interest Rate Hikes from the Fed and ECB in the Near Future? ● Starting from the last days of September, the U.S. Dollar Index (DXY) has been trading within a sideways channel. Macroeconomic data released last week did not provide a clear advantage to either the U.S. or the European currency. On
[ad_1] To test the EA: 1: Download the setfiles here: https://www.mql5.com/en/blogs/post/753774 2: Load the setfile you want to use. 3a: In the user inputs menu, write the ticker for AUDCAD in the input called “Symbol traded”(the second input from top in the menu). On most brokers the ticker is AUDCAD, but some brokers use suffixes, for
[ad_1] Greetings, dear customers. The purpose of this post is to assist you in setting up the Raw Scalper EA, providing a brief breakdown of the input parameters and overall functionalities. It will be as straightforward as possible, so without further ado, let’s get to it. 1. How to set up the expert advisor? 1.1
[ad_1] MEASURING VOLATILITY: TALKING POINTS Volatility is the measurement of price variations over a specified period of time. To measure volatility, the Average True Range (ATR) and Volatility Pro indicators are used. Technical Analysis can bring a significant amount of value to a trader. While no indicator or set of indicators will perfectly predict the future, traders can use
