Review of trades of the Owl Smart Levels strategy for the week from January 30 to February 3, 2023 – Statistics – 6 February 2023
Today I present you an overview of deals made using the Owl strategy – smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from January 30 to February 3, 2023. Now it is not an easy period for trend strategies because the market has been stuck in a small channel for […]
Trade Statistics of Weekly Market Dominator (5 – 10th. Jan. 2023) – Statistics – 7 February 2023
//////////////////////////////GBPJPY///////////////////////////////////////////////////////// GBPJPY SELLERS‘ ENTRY LEVELS GBPJPY BUYERS‘ ENTRY LEVELS Open Position to be held till Friday of the entry week RECOMMENDED STOP LOSS FOR EACH TRADE – 50 PIPS RECOMMENDED PROFIT TARGET FOR EACH TRADE – 200 PIPS //////////////////////////////GBPUSD///////////////////////////////////////////////////////// GBPUSD SELLERS‘ ENTRY LEVELS GBPUSD BUYERS‘ ENTRY LEVELS 1.1966 – Active trade Open Position to be held till Friday of the entry week […]
Live Trading Session Using “Supply Demand EA Pro” (7/2/2023) – Analytics & Forecasts – 7 February 2023
Hello traders, Many traders believe that they need to spend much time in front of their screens in order to spot trades and be profitable. That is a wrong mindset. Today i spent 40 minutes in front of my charts and i placed 3 trades in total. I got about ten alerts and i traded […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (7 February 2023)
2023.02.07 2023.02.07 Short-term analysis for oil, gold, and EURUSD for 07.02.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. EURUSD reached the […]
In a trading system, which is more important? Entry VS Exit – Trading Systems – 7 February 2023
In a trading system, both the entry and exit are important. A well-planned entry can set a trader up for success, but it is ultimately the exit strategy that determines whether a trade will be profitable or not. A good entry strategy should take into account the trader’s risk tolerance, the current market conditions, and […]
Most effective Forex robot for EUR/USD pairs – Trading Strategies – 6 February 2023
Forex robots have become an important element of the forex market nowadays. The main aim of a forex trading robot is to remove the psychological element from trading, as often it can prove to be detrimental, especially when traders are still beginners and not so used to making objective and reasonable trading decisions. With our […]
Market Update – February 7 – USD Holds on to Gains, Stocks Flat, Oil Rallies
Trading Leveraged Products is risky RBA raised rates as expected by 25bp & signaled more to come – AUD rallied, USD holds at recent 1-mth highs & Yields remain elevated too. US Stocks closed lower but Asian markets & European FUTS are higher. Google announced “Bard”, Baidu “Ernie Bot” and […]
Trailing the price automatcally – Trading Strategies – 6 February 2023
Metatrader trailing stop expert advisor that can trail the price of the winning trade(s) by pips, candles, ATR, PSAR, moving average, fractals indicator or percentage. Trailing Stop main functions Trail the price of an opened trade or more by using a multitude of options, such as trail by ATR, PSAR or fractals indicators, trail by […]
Trading within the price channel automatically – Trading Strategies – 6 February 2023
The MetaTrader Price Channel expert advisor draws the support and resistance levels, then trades when the price bounces back from the channel’s levels. The price Channel pattern is made of two trend lines positioned above (resistance) and below (support) the price. The price action is contained between these two parallel trend lines. The separation between […]
Trading MACD automatically – Trading Strategies – 6 February 2023
Metatrader MACD EA is an expert advisor that can trade with the trend defined by the MACD indicator and also trade based on the Moving Average Convergence Divergence by using Stochastic to confirm the best entries. MACD main functions Trade following the MACD trend and open trades at MACD crossover (trend can be disabled) Use […]