In this article, we will consider constructing support and resistance lines. The technical analysis of currency symbols is an important part of trading in financial markets. The automatic construction of these lines will simplify the work of financial analysts and traders accelerating technical analysis. Besides, the indicator described here can be used to develop Expert Advisors. more...
Over the past couple of week’s we’ve been following a rather pensive test of a long-term support zone in EUR/JPY. Throughout most of last year, EUR/JPY remained in a bullish trend that kept some very clean characteristics; key of which was what happened around the October ECB rate decision. This is when the ECB extended their stimulus program, disappointing the hopes that had built for some type of announcement around taper or stimulus exit. This led ...
TickIchimoku for MT4 build 600++ ---------- TickIchimoku_v1.2 600+ indicator was created for Premium Trading Forum. This version is for the build 600 and above ---------- You need to subscribe to Premium Trading Forum to read and to download.
Institutions are known as smart money, but they often get caught crowded into popular trades that are quick to reverse. One of those is the play of selling the US Dollar. Per Bank of America Merrill Lynch, the short US Dollar trade is the second most crowded trade second to bullish US equities and the most crowded FX trade. The short-term outlook has seen focus turned to the concerns of the US fiscal expansion late into an economic cycle ...
The 1970s were a deeply confusing time. Formica countertops were everywhere, shag carpet was popular, dark wood paneling (combined with shag carpeting) conspired to make the interior of every home a place where visible light went to die, and virtually every consumer product came in either vague pastels or eye-searing colors that could drive a cat to frenzy. Evaluated by the decorating ...
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