By Wayne Cole SYDNEY (Reuters) – The dollar started in a cautious mood on Monday in what is shaping up to be a critical week for the prospect of U.S. rate cuts, while the yen’s recent rebound was underpinned by wagers on rising rates at home. Over the weekend, Bank of Japan Governor Kazuo Ueda […]
The major currency pairs are off and running….well walking…. with modest changes to start the new trading week. Versus the USD: EUR +0.06% JPY -0.08% GBP+0.03% CHF Unchanged CAD -0.08% AUD-0.05% NZD +0.03% Bitcoin closed on Friday at $97,512 and the digital currency is trading at $97,522 after reaching a high of $97,880 (today) and […]
Triple Trend Trader Manual
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Detailed Installation and Usage Manual for the Triple Trend Trader EA 1. Introduction The Triple Trend Trader EA is a sophisticated trading system that uses three Supertrend indicators on multiple timeframes to identify trend changes and execute trades. Combined with a grid recovery system, the EA aims to capitalize on trend movements while managing positions […]
UPCOMING EVENTS: Monday: Australia Retail Sales, China Caixin Manufacturing PMI, Switzerland Retail Sales, Switzerland Manufacturing PMI, Eurozone Unemployment Rate, Canada Manufacturing PMI, US ISM Manufacturing PMI, Fed’s Waller. Tuesday: Switzerland CPI, US Job Openings. Wednesday: Australia Q3 GDP, China Caixin Services PMI, Eurozone PPI, US ADP, Canada Services PMI, US ISM Services PMI, Fed Chair […]
What is the Stochastic Oscillator?
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What is the Stochastic Oscillator? The Stochastic Oscillator is an indicator that compares the most recent closing price of a security to the highest and lowest prices during a specified period of time. It gives readings that move (oscillate) between zero and 100 to provide an indication of the security’s momentum. The stochastic readings […]
Here is another review of trading using the ATR Zone indicator during the week from November 25 to 29, 2024. Two trades were opened this week on the EURCHF currency pair. The first trade was closed at TakeProfit, which was set at the Fibonacci level of the next day, the second trade was closed […]
