AlgoTradingNight EA – Trading Strategies – 4 September 2023

[ad_1] 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

Weekly Market Recap (28-01 September)

[ad_1] 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

Weekly Market Outlook (04-08 September)

[ad_1] 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

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

[ad_1] 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