Advanced Forex Education

Introduction In this analysis, we will analyze endogenous factors that influence both the UK and New Zealand economies. The analysis will also include exogenous factors...

The EURUSD eased the last trading week, losing 1.18%, leaving away from the yearly high at 1.23495 reached on last January 06th. The common currency accumulates losses by 1.14% (YTD), which, added to other market conditions commented in our current analysis, carries us to expect further declines in the following trading sessions.  

The GBPJPY cross declined on Friday trading session dragged 0.70% after the price surpassed the psychological barrier of 142, being the highest level reached since early September 2020.

One of the best-known indicators in the Forex market is the Parabolic SAR indicator. This is because it tells us when the momentum is...

This article outlines the steps needed to find, create, test, and verify a trading system. We have to bear in mind that there is no way to create a forex trading system with an equity curve straight upward. Well, yes, it can be made. I've made it, but only optimizing it so much that expecting it to continue performing like this under real trading would be silly. Most trading bots advertise curves like this. If you believe them, your money will be in jeopardy.

Trend lines are simply lines that are drawn on a chart that when analyzed will give you as a trader an idea of the...

GBP/CHF Exogenous Analysis The UK and Switzerland Current Account Differential A country's current account shows the sum of its net exports, net secondary income,...

Introduction The global macro analysis of the GBP/CHF currency pair will involve analysing endogenous and exogenous factors. Endogenous factors drive the domestic GDP growth in...

In previous articles, we explained the importance of a plan to succeed in Forex and described its general features. In this article, we will describe the concepts that need to be considered when designing a trading system.

The EURAUD cross is advancing in its incomplete third wave from a mid-term downward sequence that remains in play. Follow with us on what the Elliott wave theory tells about its next movement.

GBP/JPY Exogenous Analysis The United Kingdom and Japan Current Account Differential The current account data is the most comprehensive measure of a country's participation...

Now that we know the importance of having a plan, let's discuss the necessary components of a trading plan.

JPY Endogenous Analysis Summary An overall score of -13 implies that this currency (JPY) has depreciated since the beginning of this year. Indicator Score Total State Comment Japan Employment Rate -4 10 60.4% in October...

Introduction

The vast majority of agents involved in the financial markets know the term accounting. We also know the different categories within the generic concept: financial accounting, corporate accounting, analytical, management, banking, etc. However, what do we know about Mental Accounting? Have you ever wondered about the internal processes that our minds follow when we open or close a position? Why isn’t it easy for us to close a loss-making operation? Why do we rush to sell the winning trades, even knowing that they can have a favorable path to our position?

The necessity of a trading system has been discussed many times. Still,  new traders don't consider it important when, in fact, it is a crucial element.  Could you conceive building a bridge without a project, playing tennis, or chess, with no strategy?

The US Dollar Index reveals exhaustion signals of its bearish trend. A trend that remains in progress since the currency basket topped at 102.992 pm mid-March 2020. Follow with us what signs show the Greenback to expect a rally during the first quarter of the year.

EUR/CHF Exogenous Analysis The EU and Switzerland Current Account to GDP differential The ratio of the current account to GDP helps us determine the...

Introduction

Today we will examine the Market Profile Singles Indicator (we could also call it a single print indicator or gap indicator), which is available on the mql5.com market in metatrader4 and metatrader5 versions.

The big picture of the USDCAD pair shows a bullish divergence suggesting the exhaustion of the current bearish trend that remains active since past March 2020 when the price topped at 1.46674 and began to decline in a complex corrective pattern. Follow with us what's next for Lonnie.

Obsession with control is an exceptional feature in the animal world. Humans develop more or less complex systems to direct each and every facet...

Quantifying risk when trading has become one of the biggest concerns (or at least should be) as traders. The volatility, volatility of exchange rates,...

We spend our entire childhood and adolescence learning to control and develop appropriate responses to our emotions. We learn from our teachers, from our...

Far from being something that will help you operate profitably, the usual use of Forex indicators really causes more losses than gains among inexperienced...

Today’s article is about definitions. Maybe for those who read us regularly, it is not necessary, but every day new readers approach for whom...

EUR/JPY Exogenous Analysis

Introduction

EUR/CAD Exogenous Analysis

Introduction

Margin call and Stop Out are some of the trading conditions that are infallibly indicated in the trading account conditions. Margin call is a...

EUR/AUD Exogenous Analysis

Introduction

EUR/NZD Exogenous Analysis

Introduction

The GBPCAD cross shows the completion of an Elliott wave triangle developed in its wave ((b)) of Minute degree, which moves inside the incomplete wave 2 of Minor degree. 

Technical Overview

Traders make decisions about when and what to trade based on several different factors. Fundamental and technical analysis are two different methods that one...

EUR/GBP Exogenous Analysis

GBP Endogenous Analysis - Summary

Introduction

NZD/USD Exogenous Analysis

Introduction

Technical Overview

If you are reading this article, you must be serious about trading. Did you know that curiosity and eagerness to learn are the two...

The EURUSD pair continues extending its gains after surpass its psychological resistance of $1.22 for the first time since late April 2018. The common currency gained over 9.20% (YTD), encouraged by the US Dollar weakness.

USD/CHF Exogenous Analysis

Introduction

The US Dollar Index (DXY) reached a new yearly low of 90.128, expecting the last FOMC interest rate decision meeting of the year. The analysts' consensus anticipates the rate unchanged at 0.25% by the FED.