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
Article by IG Senior Market Analyst Chris Beauchamp DAX 40, S&P 500, CAC 40 Analysis and Charts Dax sees further strength After rallying to the 50-day SMA earlier in the week, the index fell back yesterday as the euro strengthened and expectations of a fresh ECB rate hike in September rose. The bounce from last
Did you know that price action trading strategies are one of the most commonly used methods in today’s financial market? Whether you are a short-term or long-term trader, analysing the price of a security is perhaps one of the simplest, yet also the most powerful, ways to gain an edge in the market. After all,
Bullish rectangle pattern example in video This video shows how I use bullish rectangle pattern for my trading technical analysis. Bullish rectangle pattern is used to mark consolidation candles and place price alert. This way trader is notified when bullish rectangle pattern is broken and price action is created. I like bullish rectangle chart pattern to get edge
Bearish rectangle pattern video and example In this post I focus to show example for bearish rectangle pattern in my trading strategy based on price action and supply demand rectangles. With this technical analysis indicator I can do a lot of trading and charting very quickly and easily. Bearish rectangle chart pattern is used to place
Boring Pips is an expert advisor that combines advanced artificial intelligence algorithms with classic trading strategies involving momentum, support, and resistance levels. Despite its advanced technology, simplicity and user-friendliness are maintained. Please find the links attached for more details about the Boring Pips EA: Unlike other trading systems, Boring Pips does not overwhelm users with
Forex trading has emerged as a popular investment avenue, allowing individuals to capitalize on the fluctuations in foreign exchange rates. One crucial tool that aids traders in making informed decisions is the Forex Trading Sessions MT4 Indicator. This indicator offers valuable insights into market activity during different trading sessions, aiding traders in maximizing their profits.
In a world where borders are becoming increasingly blurred, there’s one marketplace that epitomizes the very essence of globalization – the foreign exchange, or forex, market. With an average daily trading volume surpassing $6 trillion, forex stands as the world’s largest financial market. But what drives its pulsating rhythm, and why are so many traders
Get this Free Trial Version of Backtest Assistant Indicator and test it out! How to use: Download “IoTraders_Backtest_Assistant_Free_Trial_2023_only.ex4” Run MetaTrader4 🡢 File 🡢 Open Data Folder 🡢 MQL4 🡢 Indicators Copy and paste the downloaded “IoTraders Backtest Assistant Free Trial 2023 only.ex4” file to the Indicators folder Back to MetaTrader4 Right click the Indicators section in Navigator 🡢 Refresh Double left click Indicators section in Navigator to
Get this Free Trial Version of Backtest Assistant Indicator and test it out! How to use: Download “IoTraders Backtest Assistant Free Trial 2023 only.ex4” Open MT4 🡢 File 🡢 Open Data Folder 🡢 MQL4 🡢 Indicators Copy and paste the downloaded “IoTraders Backtest Assistant Free Trial 2023 only.ex4” file to the Indicators folder Back to MT4 Right click the Indicators section in Navigator 🡢 Refresh
