The “4 quadrants” strategy uses technical price analysis and standard MT4 indicators.
Precise settings of indicators, combined on three time frames (1 min, 5 min, 15 min), provide high accuracy in identifying the price direction and levels for Stop Loss (SL) and Take Profit (TP).
SelfWealth Ltd, a leading Australian online broker, announced Thursday that it had received a non-binding indicative proposal from AxiCorp Financial Services Pty Ltd to acquire the company for AUD $0.23 cash per share. The latest development comes after SelfWealth received a similar offer from Bell Financial Group Limited for a lower price of $0.22 per…
Introduction In the ever-evolving world of forex trading, tools and expert advisors (EAs) that promise high returns with low drawdowns are constantly introduced to the market. One such tool is the “Momentum Volume EA” designed to capitalize on market momentum during the New York trading session. Below, we provide a detailed analysis of this trading…
The January NFP report delivered a significant upside surprise with 130,000 jobs added versus 40,000 expected, yet the dollar’s initial surge proved short-lived as massive benchmark revisions and hawkish Fed commentary created conflicting signals for traders navigating pre-CPI positioning. Which USD strategies moved beyond the watchlist stage, and how did the better-than-expected headline translate to…
The Better Bollinger Band and Hull Levels Forex Trading Strategy combines the strengths of two powerful trading indicators to create a comprehensive approach for navigating the forex market. Bollinger Bands, developed by John Bollinger, are well-known for their ability to gauge volatility and identify potential price reversals through the use of upper and lower bands…
Short Term Elliott Wave in Nasdaq 100 ETF (QQQ) suggests it shows a bullish sequence from 4.20.2024 low favoring more upside. Up from 4.20.2024 low, wave 1 ended at 461.5 and pullback in wave 2 ended at 443.06. The ETF has extended higher in wave 3. Internal subdivision of wave 3 is unfolding as a…
Mon: UK Market Holiday (Bank Holiday), German Ifo (Aug) Tue: CBRT Minutes, Chinese Industrial Profit (Jul), German GfK Consumer Sentiment (Sep) Wed: Australian CPI (Jul), Nvidia (NVDA) Earnings (Q2) Thu: Spanish Flash CPI (Aug), German State CPIs (Aug), EZ Sentiment Survey (Aug), US GDP (2nd) and PCE (Q2) Fri: Japanese Tokyo CPI (Aug), French Prelim…