Comparing data from two forex brokers shows differences in data feeds can have a significant impact on testing and trading — especially short-term time frames. A common experience for many FX traders is trading a system through different forex brokerages. Because the spot FX market lacks a centralized exchange and is traded “over-the-counter,” forex brokerages can construct their data feeds using any liquidity providers (typically banks) they want. As a result, the exact price ...
US Dollar Rally Will Stall Without a Spark Fundamental Forecast for Dollar: Neutral Though US Treasury yields were in retreat this past week, the move does not likely reflect fading Fed expectations There is limited impetus from the docket for a big ‘risk’ breakout this week, but a surge in sentiment doesn’t require data The US Dollar managed to turn a close call test of 14-month lows into an impressive rebound ...
Please check out the updated BBands_Stop and BBands_Stop Histo indicators for the new MT4.
Identifying the bias of the Forex market at the beginning of each trading week is an important thing for every Forex trader to do. It is really important to simply sit down on Sunday at some point and take 30 minutes or so to figure out in your mind what you think the market has the greatest potential to do during the upcoming week. As you do this you should make some notes; record in your Forex trading journal what you see on the charts and use that information to explain your bias. Now, obviously ...
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 ...
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