Light data docket sets up mixed picture ahead of European trading

There isn’t much on the data docket to kick things off in the new week in European trading later. The dollar is trading more mixed on the day, with USD/JPY having earlier touched a low of 148.90 before holding around 149.15 currently – still down 0.2%. But commodity currencies are marginally lower against the greenback,

Kickstart your FX trading with a technical look at the EURUSD, USDJPY and GBPUSD

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

US stock indices opening little changed in early US trading

The holiday-shortened week is off and away in the US with the major indices opening trading above and below unchanged. A snapshot of the market currently shows: Dow is up 50 points or 0.15% at 35329 S&P index -1 point or -0.03% at 4555 .30 Nasdaq index -24 points or -0.17% at 14241 The US

Evaluating Trading Strategy Performance Metrics: A Comprehensive Overview – Analytics & Forecasts – 25 November 2023

Evaluating Trading Strategy Performance Metrics: A Comprehensive Overview When assessing the effectiveness of trading strategies, a set of key performance metrics provides valuable insights into their profitability, risk management, and overall robustness. The Profit Factor is a fundamental metric that compares the gross profits to gross losses. For instance, if a strategy has a Profit

PROP FIRM TRADING. PART 2 – My Trading – 24 November 2023

In my first blog post, I provided an overview of Prop Firm Trading. I address fundamental questions, such as what it entails, why it is attractive to beginner traders, and how these proprietary companies operate. I explored in detail the tests and requirements that traders must pass to participate in trading with a proprietary firm.

Ultra Scalp FX – Trading Systems – 24 November 2023

Introduction: Ultra Scalp FX is a high-performance Expert Advisor developed under a unique high-probability algorithm. The calculation formula of Ultra Scalp FX seeks and identifies high-probability breakout zones of Support and Resistance levels in the price. Once the entry zones are detected, it implements intelligent risk management, exposure time, dynamic safety Stop Loss, as well