Serving Traders Since 2005
I’ve converted my first histogram MetaTrader indicator from MQL4 to MQL5. It’s a Fisher indicator. I was asked by one of the site visitor to make it my next conversion. As this indicator looks quite popular (5th place with more about 500 downloads monthly), I’ve gave it a try. …
EUR/USD trend: hold.
GBP/USD trend: sell.
USD/JPY trend: hold.
EUR/JPY trend: hold.
GBP/JPY trend: sell.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.4200 | 1.4441 | 1.4580 | 1.4821 | 1.4959 | 1.5201 | 1.5339 |
The dollar is rising against the euro today, almost snapping the yesterday gain on EUR/USD, as the personal income and spending statistics worsened in September. The macroeconomic reports that were released today sent the stock markets down after a yesterday rally and the euro continued it’s weekly slump, showing a biggest 5-day drop since …
The latest broker on my site today is Forex Systems. It’s a U.S. Forex broker, registered with NFA and is currently only doing business as an IB (though, with a lower minimum entry conditions) through another broker — FX Solutions. Forex Systems is a rather strange name for a broker …
EUR/USD gained for the firs day in a week today after the U.S. GDP report for the third quarter came out and positively surprised the investors. Accompanied by the growth of the stock markets, the euro rose against the U.S. dollar on better prospects for the world’s biggest economy. EUR/USD is now trading near 1.4780.
Advance estimate …
Higher oil inventories combined with the decrease of new home sales in the United States helped the U.S. dollar move forward against the European currency for the fourth day in a row today. EUR/USD is currently trading near 1.4752.
Durable goods orders was the only positive report today that showed a growth …
I converted my second MT4 indicator MT5 today. It’s Price Alert. I’ve created and published its MT4 version on April 27th this year. This time it was much easier to convert from MQL4 to MQL5 language (compared to my first experience). There were two main …
EUR/USD went down for a third day in a row today after the fundamental reports from U.S. showed decline of the confidence in both consumer and manufacturer sectors of the economy. Only housing price index showed a moderate monthly growth today. EUR/USD is currently trading near 1.4810.
Two weeks have passed since the MetaTrader 5 public Beta version has been released. In MT5 a completely new order/position system is introduced; it doesn’t allow hedging and allows only one open position per currency pair per trading account. It simplifies the trading by removing …
I’d like to share my today’s early trade with you. Slightly more than a month ago I’ve written about a symmetrical triangle pattern on CHF/JPY W1 chart. Last week the price have closed above the upper limit of the triangle, which signals a bullish breakout from the pattern. I entered …