By Karin Strohecker LONDON (Reuters) -Mexico’s peso tumbled more than 3% against the dollar on Monday after the ruling party scored a surprisingly strong election showing and looked poised for a super-majority that markets fear might bring constitutional change and diminish checks and balances. Claudia Sheinbaum won a landslide victory in Sunday’s presidential election, which […]
During this week EA made 6 trades on the account of Prop Firm FTMO, and all 6 were profitable. The total profit of the EA was $3,469, which is 3.4% to the deposit for the week. To complete the Prop Firm Challenge, your profitability must be 10%. To do this, you need to have 2.5% […]
USD/JPY hourly chart 10-year yields in the US are down 5 bps to 4.461% currently and that is weighing on USD/JPY mostly in European trading. The dollar is now trading more mixed again versus the rest of the major currencies, keeping little changed. But in the case of USD/JPY, the pair is nudging to the […]
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar fell to a three-week low on Monday after data showed the U.S. economy is gradually slowing down with weaker-than-expected readings on manufacturing and construction spending, suggesting that the Federal Reserve is on track to start cutting interest rates later this year. The , a measure of the […]
Oil steadies near $77.00, looking for direction after Sunday’s OPEC+ meeting. OPEC+ meeting sets the tone for more downside after the summer season despite the decision to extend production cuts. The US Dollar Index trades at mid-104.00 levels and is facing a heavy week full of economic data. Oil prices trade broadly steady on Monday, […]
Listen to the audio episode: Get The Complete Price Action Strategy Checklist! Trading Advice From A Full-Time Profitable Master In episode 457 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Casey Stubbs sharing trading advice you need to be profitable. Why is it crucial to set […]
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 […]
AI GEN XII EA Settings
AI GEN XII EA SET UP After purchase the EA, please follow the steps below to set up the EA correctly. First, before adding the EA to the Chart, please open your Metatrader, navigate to “Tools” -> “Options” and click to “Expert Advisors“. Please activate “Allow WebRequest for listed URL” and add following URLs: https://api.openai.com/ https://ec.forexprostools.com/ https://smartfx.com/ https://www.dailyfx.com/ https://www.economies.com https://www.investing.com/ […]
Markets Week Ahead: ECB Rate Decision, US NFPs – USD, Gold, Euro, Nasdaq ECB to cut interest rates by 25 basis points on Thursday. US jobs week culminates with NFPs on Friday. Gold eyes early-May lows. Navigating Volatile Markets: Strategies and Tools for Traders A week full of potential volatility with the ECB policy meeting […]
DON’T DO THIS MISTAKE IN BACKTESTING!
When you backtest an expert advisor in strategy testing, the broker calls the data from its servers. This part is a little bit tricky. What most people are not aware of is that brokers store sort of ‘shaved data’. That is, brokers do not store 100% of live tick data flow in their servers. As […]
Most Read: British Pound Weekly Forecast: Ranges Likely To Hold As Focus Moves To ECB In a recent article, I explored a compelling trading idea, discussing the possibility of gold‘s recent softness persisting in the near term. I pointed out that a breach of support located around $2,335 could serve as a technical signal for […]
MOSCOW (Reuters) – The Russian government has softened requirements for mandatory sales of foreign currency for exporters if more than half of the value of their contracts is paid in roubles, according to changes to a government decree. President Vladimir Putin signed the decree in October mandating the reintroduction of capital controls, affecting dozens of […]