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Anyone who have ever heard about extrapolation and about financial trading was tempted to try using some of those math methods for an advantage in trading. After all, it seems quite logical to assume that the price chart curve (Forex or stock, or any other security) is a function of some sort …

Few days ago a member of our Forex forum has asked for an EA (he actually meant an indicator) that would notify him by e-mail whenever a candlestick closes with a wick (shadow) exceeding a certain length. I couldn’t find such an indicator on-line and decided to code one myself. Since it doesn’t …

EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: buy.
EUR/JPY trend: sell.
GBP/JPY trend: buy.

…

EUR/USD continued to move down today on fears of debt crisis in Europe, even though poor employment reports could have weakened the dollar. Unemployment rate showed positive change despite increasing jobless claims and lower-than-expected non-farm payrolls. EUR/USD is now trading near 1.2930.

Nonfarm payrolls increased by 103k …

Doug Schaff developed an interesting cyclical indicator for Forex trading several years ago. In 2008 he’s made it public. He presented a code of the indicator written for TradeStation EasyLanguage. Unfortunately, until now there weren’t any correctly converted versions for MetaTrader. I’ve found several variants …

The beginning of the new year looks good for the dollar as virtually all reports from the US so far showed positive results and today’s reports weren’t different. The reports showed that employment improved and services industries expanded in the US. As a result, EUR/USD dropped heavily from the opening rate of 1.3307 and trades currently near …

EUR/USD currency pair declined today on concerns that debt problems would hamper attempts of governments and banks in the European Union to raise funds. There weren’t many economic from the US today, but the ones that were released showed positive tendencies in the economy. EUR/USD trades now at about 1.3319 after …

The year 2010 has ended and it’s time to evaluate its results. One full year is an optimal period for measuring the effectiveness of your trading strategies. Even the long-term systems produce some measurable results over 365 days. Unfortunately, my own Forex trading results were rather poor — I’ve …

Nextpointhost is a hosting company that offers special Forex VPS plans to the traders. They go with both MetaTrader 4 and MetaTrader 5 preinstalled and with more than 100 various free expert advisors (mostly MT4 ones). All VPS hosting plans feature unlimited monthly bandwidth with …

EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: sell.
EUR/JPY trend: sell.
GBP/JPY trend: sell.

…