We wrapped the week with a textbook case of FOMO chasing right into a Fibonacci target — and then, as expected, the sellers showed up. The measured moves we’ve been tracking continue to act like magnets for both panic and greed, and today was no exception. more...
In our previous article (Part 35), we developed a Breaker Block Trading System in MetaQuotes Language 5 (MQL5) that identified consolidation ranges, validated breaker blocks with swing points, and traded retests with customizable risk parameters and visual feedback. In Part 36, we develop a Supply and Demand Trading System utilizing a retest and impulse model. This model detects supply and demand zones through consolidation, validates them with impulsive moves, and executes trades on retests ...