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Forex Brokers Update — February 18th, 2018

February 18, 2018

During the week, we have added one new broker to the list of Forex brokers on our website:

Fullerton Markets — a Forex broker registered as a Financial Service Provider in New Zealand. They offer trading in currency pairs with up to 1:500 leverage and allow accounts starting from $200.

Some changes …

Weekly Forex Technical Analysis (Feb 19 — Feb 23)

February 17, 2018

EUR/USD

Floor pivot points

3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
1.1925 1.2080 1.2245 1.2400 1.2566 1.2721 1.2886

Woodie’s pivot points

2nd Sup 1st Sup Pivot 1st Res 2nd Res
1.2082 1.2250 1.2403 1.2571

EUR/USD Retreats from Three-Year High

February 16, 2018

EUR/USD retreated from the highest level in three years. While positive US macroeconomic data released over the Friday’s session added to the downside momentum of the currency pair, most analysts believed that the reason for today’s decline was profit-taking ahead of Monday’s holiday in the United States. That means that the decline is …

EUR/USD Extends Rally, Finds No Obstacles from Mixed US Data

February 15, 2018

EUR/USD extended its rally today after reversing losses caused by the US CPI yesterday. Today’s mixed economic reports in the United States gave the currency pair few reasons to stop its upward movement.

PPI rose 0.4% in January, matching expectations, after falling 0.1% in December. (Event A on the chart.)

NY

EUR/USD Drops After US CPI, Reverses Loss Later

February 14, 2018

EUR/USD crashed after US CPI beat forecasts but quickly reversed losses and is now trading far above the opening level. Retail sales, meanwhile, missed expectations.

CPI rose 0.5% in January, accelerating from the growth by 0.1% in December and the beating the median forecast of 0.3%. (Event A on the chart.)

Retail sales

Forex Brokers Update — February 11th, 2018

February 11, 2018

One new broker has been added during the week that ends today:

AMEGA — an unregulated Russian Forex broker with MT4 and MT5 platforms and $1 minimum account size combined with 1:1000 maximum leverage.

Other updates during the week included:

    RoboForex launches support of additional cryptocurrency

Weekly Forex Technical Analysis (Feb 12 — Feb 16)

February 10, 2018

EUR/USD

Floor pivot points

3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
1.1876 1.2041 1.2145 1.2310 1.2415 1.2580 1.2684

Woodie’s pivot points

2nd Sup 1st Sup Pivot 1st Res 2nd Res
1.2025 1.2115 1.2295 1.2385

EUR/USD Retreats After US Government Reopens

February 9, 2018

EUR/USD erased its earlier gains today after US politicians approved a deal that allowed the US government to open after a brief shutdown. Thursday and Friday were light on economic data from the United States, therefore it had limited impact on moves of the currency pair.

Wholesale sales adjusted for seasonal …

EUR/USD Declines Despite German Coalition Deal

February 7, 2018 (Last updated on February 8, 2018)

EUR/USD declined today even as German Chancellor Angela Merkel managed to secure a deal to form a coalition government. The dollar was extremely strong today even though there not many fundamental reasons for that.

US crude oil inventories rose by 1.9 million barrels last week and were in the middle of the average …

Display Market Profile for Intraday Sessions in MetaTrader

February 6, 2018

Two years ago, I have added the capability for a Market Profile indicator to work with weekly and monthly trading sessions. One of the members of our Forum suggested adding customizable intraday sessions to Market Profile. Considering the fact that quite a few Forex traders use Market Profile for analysis, …

Display Market Profile for Intraday Sessions in MetaTrader

February 6, 2018

Two years ago, I have added the capability for a Market Profile indicator to work with weekly and monthly trading sessions. One of the members of our Forum suggested adding customizable intraday sessions to Market Profile. Considering the fact that quite a few Forex traders use Market Profile for analysis, …

Profile Persistence and Pip Value Display in Position Size Calculator

August 25, 2017

Today’s update to the Position Size Calculator indicator is not as big and significant as the last one, but I am sure the version 2.08 will be interesting to many traders.

Platform profile change will no long disrupt your panel location, minimization status, and settings:

Pip value

Spread Display and Take-Profit Multiplier in Position Size Calculator

July 24, 2017

It is time to roll out a new version of the Position Size Calculator indicator. Although the new release does not implement any breakthrough changes it introduces some useful features and fixes one annoying bug.

Take-profit button multiplier (set via input parameter) can be …

Free Order Management EA with a Graphic Control Panel

February 6, 2017

I remember myself during my early Forex years, sitting on a bunch of positions across five or six currency pairs and thinking — how do I make them all close at once when their total profit reaches my target? Now, I have developed a tool that does exactly that. I am pleased to announce the launch …

PSC Panel Scaling for High-DPI Displays

December 21, 2016

MetaQuotes has spurred my development process, forcing me to release the next version of the Position Size Calculator indicator much faster than I had intended to. Their latest changes to both MT4 and MT5 platforms prevented compilation of the PSC source code due to new way the string variables must be …

New: See Swaps Info, Control Trading Script via PSC Panel

November 11, 2016 (Last updated on January 25, 2018) 1 Comment

It is time to release another version of Position Size Calculator indicator. It has some important bugs fixed and also adds new exciting features, including two new tabs. The complete list of changes is provided below.

    The Balance button on the Main tab now has a third

Major Fixing of Position Size Calculator + Symbol Leverage Display

September 20, 2016 2 Comments

I have uploaded a new version of Position Size Calculator indicator for MetaTrader today. It addresses several issues mentioned in the forums and in support messages and provides better usability. Here is the list of changes:

    Calculated symbol Leverage is now visible in the Margin tab of the panel. Fixed a bug that

MetaTrader Panel for Position Size Calculator

September 7, 2016 (Last updated on February 5, 2017) 7 Comments

In February 2008, I have launched a simple online position size calculator — a tool that helped thousands of traders to open trades based on their risk preference. In March 2012, I have published the first version of position size calculator (PSC) indicator for MetaTrader. Now, 4 …

See Currency Rate Change in Percents on Your Chart

June 13, 2016 1 Comment

Daily Percentage Change is the latest addition to the list of free MT4/MT5 indicators I share on EarnForex.com. It is loosely based on this MT4 indicator. The main advantage of such an indicator is that it can be used in price action trading to get the understanding of the current session’s direction …

MetaTrader Templates Tutorial — Copying Settings Between Charts and Platforms

May 20, 2016 (Last updated on January 29, 2017) 4 Comments

You might already know how to copy input parameters for a single indicator across different charts and platforms. You also might have mastered the power of copying the whole account profiles from one MetaTrader instance to another. However, sometimes, what you need is just to copy one chart — …