AlgoTradingNight EA – Trading Strategies – 4 September 2023

A fully automatic Expert Advisor designed for trading on  USDCHF/EURUSD/GBPUSD/EURCHF/USDCAD/GBPAUD/CADCHF/EURAUD/AUDCHF/GBPCHF currency pairs. The Expert Advisor is already configured and ready to work – For testing, you only need to enable the Full Auto Trade parameter – For real trading, you also need to enable this parameter and I also recommend enabling the news filter, its description is

Weekly Market Recap (28-01 September)

Monday: BoJ Governor Ueda spoke on the weekend at the Jackson Hole Symposium and leant again on the dovish side: We think that underlying inflation is still a bit below our target. This is why we are sticking with our current monetary easing framework. BoJ Governor Ueda China halved the stamp duty on stock trading

Weekly Market Outlook (04-08 September)

UPCOMING EVENTS: Monday: US and Canada Holiday. Tuesday: China Caixin Services PMI, RBA Policy Decision. Wednesday: Eurozone Retail Sales, US ISM Services PMI, BoC Policy Decision. Thursday: China Imports/Exports data, Switzerland Unemployment Rate, US Jobless Claims. Friday: Japan Wage data, Canada Jobs Report. Tuesday The RBA is expected to keep the cash rate unchanged at

Why we don’t use Martingale/Grid – Trading Systems – 3 September 2023

Many traders like to use Martingale/Grid strategy, when the price drop , they increase position, sometimes double lost positions, so the floating negative P/L will be immediately reduced.  They hope the price will go up soon, but is Martingale/Grid good to use ? I afraid not.  you  will get very good P/L curve  using Martingale/Grid strategy