This week 4 of the “Magnificent 7” (Microsoft, Amazon, Alphabet and Meta reported) reported their earnings and their results really didn’t matter. The markets were intent on moving to the downside spurred on by higher yields, concerns about global growth, concerns about the Fed, and concerns about Israeli/Hamas war. The wall of worry is high.
Osmosis is an advanced data driven automated trading robot which uses dynamic price differential algorithm and market volume to trade retracement on Gold (XAUUSD) . The price differential algorithm identifies various possible prices of execution, simultaneously pends and modifies orders until it gets the best possible price of execution. This makes the EA to use a
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Are you tired of feeling lost in the world of forex trading, trying one indicator after another, and not getting the results you want? You’re not alone. Many traders like you face a common problem – they rely on indicators that just don’t work well. Imagine using indicators that promise to help you but instead
Config Sets for TRENDBEAST v0.79 (MT4/MT5) These Config Set Files are based on optimization conducted on the symbol with the following settings parameteres: TimeFrame: H1 Data Model: Every Tick Based on real Ticks (NOT OHLC, with this we strive to make the data quality as close to real therefore we dont use OHLC) Symbols: XAUUSD Deposit: $100,000.00 USD Leverage: 1:100 Optimization: Fast Genetic Based
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 prices
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Share: Christine Lagarde, President of the European Central Bank (ECB), explains the ECB’s decision to leave the key interest rates unchanged in October and responds to questions from the press. ECB press conference key quotes “The economy is likely to remain weak for the rest of the year.” “The economy should strengthen over
That’s a poor reading for the monthly retail sales balance as UK retailers suffer the joint-worst October on record, according to CBI. Retailers are seen cutting orders to suppliers and are expected to do so again in November and that does not bode well heading into the winter months. High interest rates and cost-of-living concerns