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Recent Entries

Scalping the forex market

by ForeCastle on 07-26-2021 at 04:57 PM
[U][B]Scalping the forex market[/B][/U]

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[QUOTE]All the ins and outs on scalping the Forex market. May Chris dives into the world of Scalping where he explains in great detail how this style of trading can be accomplished in the Forex market. This live webinar not only clarifies how a trader can scalp but also provides every Forex trader with a great guidance and extra tips.[/QUOTE]

[CENTER][video=youtube_share;UbfFQ0zam-g]http://youtu.be/UbfFQ0zam-g[/video][/CENTER]

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QQE of Velocity

by ForeCastle on 08-20-2020 at 11:16 AM
[B][URL="https://www.mql5.com/en/code/21805"]QQE of Velocity[/URL] - indicator for MetaTrader 5[/B]

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[QUOTE]QQE (Quantitative Qualitative Estimation) is normally made using RSI (Relative Strength Index) as a "basic" indicator.
This version is using Velocity (smoother momentum) and it can help in determining trend. Adjust the calculating period to your trading style: longer - to trend traders, shorter - for scalping.

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5Mins Envelopes Scalping

by ForeCastle on 08-19-2020 at 11:14 AM
[B][URL="https://www.mql5.com/en/code/30561"]5Mins Envelopes Scalping[/URL] - expert for MetaTrader 4 [/B]

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[QUOTE]If the price above upper envelopes signal direction is open Down, if high price prev - upper envelopes prev and bid - uper envelopes current bigger than distance filter, expert advisor will open trades SELL. If the price below lower envelopes signal direction is Up, if lower envelopes prev - low price prev and lower

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Using Price Action As Your First Indicator

by ForeCastle on 08-27-2019 at 11:16 AM
[B]What is Price Action?[/B]

Price action is the study or analysis of price movement in the market. Traders use price action to form opinions and base decisions on trends, key price levels and suitable risk management. Trend identification is frequently utilized as the initial step in price action trading. All other facets to price action indicators require a trend basis to begin price action analysis.

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[B]Price Action as

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Weekly Trading Forecast: Trade Wars and Growth Replace Event

by ForeCastle on 05-06-2019 at 09:56 AM
[B][URL="https://www.dailyfx.com/forex/fundamental/forecast/weekly/aud/2019/05/03/Australian-Dollar-Could-Face-First-RBA-Rate-Cut-Since-August-2016.html"]Australian Forecast: Australian Dollar Could Face First RBA Rate Cut Since August 2016[/URL][/B]
The Australian Dollar heads into a new week battered by more feeble data and with more to play for at an RBA meeting than usual.

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[B][URL="https://www.dailyfx.com/forex/fundamental/forecast/weekly/gbp/2019/05/04/Sterling-GBP-Price-Outlook-Brexit-Anger-May-Dampen-Sterling-Strength.html"]GBP

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