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Always identify market conditions prior to tradingYour strategy and entries should reflect the marketPlan your risk and write your trades down to stay accountable Traders should have a checklist to consult prior to making any major trading decisions. These steps are critical for Forex scalpers as they often have to make these choices on a moment’s notice. To help with the process it can be helpful to keep a checklist and determine your options prior to approaching the market. Today ...
Election of Pro-business Government in India Sparks Market rally Friday’s election results showing Modi win sparked a rally in the Indian Rupee and the Mumbai Sensex. Mumbai’s Sensex stock index is up over 7% this week and 14% since the start of the year over the prospects of the Pro-business Modi taking office.Markets are hopeful that the new Prime Minister will be able to revitalize a stagnating Indian economy which has seen GDP growth slow to a mere 4.7% and a currency ...
USD/CAD Fundamental Analysis May 15, 2014 Forecast The USD/CAD eased by 4 points to trade at 1.0901 after the US dollar made healthy gains throughout the early part of the week. The loonie rose 0.08 of a cent to 91.74 cents US amid general U.S. dollar weakness. Analysts point to low expectations for first quarter U.S. gross domestic product growth, owing to the impact of severe winter weather and suggestions that the economy may actually ...
Can You Trade Forex Well with a Small Balance? The Desire to Trade FX with a Small BalanceThe Limits of a Small BalanceThe Better Path Regardless of Risk “Ninety-five percent of the trading errors you are likely to make—causing the money to just evaporate before your eyes—will stem from your attitudes about being wrong, losing money, missing out, and leaving money on the table. What I call the four primary trading fears.” “Attitude produces better ...
There are 2 interesting indicators which can be good trading system : Blau Signal System AddSignal_v1 indicator (which is using two other indicators: MACDofHA_v1 and MAofHA_v1), andBlau eco-jurik indicator All indicators are attached to this post (inside zip archives) ========== 1. If your MT4 is having 509 build (or any below 600) so use mql4 files attached. I mean - place mql4 files in indicators filder,compile in MetaEditor,open chart ...
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