In the dynamic realm of Forex trading, successful navigation through market fluctuations relies heavily on the ability to interpret price movements correctly. As traders seek to enhance their decision-making capabilities, the selection of reliable indicators becomes paramount. Among the multitude of trend indicators available in MetaTrader 4 (MT4), some of the most esteemed are the […]
Today I present you an overview of trades made using the Owl strategy – smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from December 2 to 6, 2024. For convenience and timely receipt of signals I use the Owl Smart Levels Indicator. The main trading timeframe is M15, while the H1 and […]
UPCOMING EVENTS: Monday: China CPI. Tuesday: RBA Policy Decision, US NFIB Small Business Optimism Index. Wednesday: Japan Tankan Index, Japan PPI, US CPI, BoC Policy Decision. Thursday: Australia Labour Market report, SNB Policy Decision, ECB Policy Decision, US PPI, US Jobless Claims, New Zealand Manufacturing PMI. Friday: BoJ Tankan Index, UK GDP. Monday The Chinese […]
FiboPivotCandleBar is a sophisticated trading tool designed to provide trading signals by combining several technical indicators, including Fibonacci levels, Pivot Points, ZigZag, MACD, and Moving Averages indicators. Below is a breakdown of the main components and their functions: Fibonacci Levels: Function: Identify potential support and resistance levels based on the Fibonacci retracement levels. These levels […]
Data released Saturday by the People’s Bank of China revealed that it has resumed buying gold. It was the largest official buyer in the world in 2023 as it looked to be headed on a multi-year effort to diversify out of US dollars. That changed this year as officials seemingly became price sensitive as buying […]
