Technical analysis changed in time together with trading. Even though traders mostly follow robots today, some things remained the same. The Elliott Wave Principle key to market behavior is one of them. Elliott waves look at markets from a human nature point of view. As such, the Elliott Wave Principle allows traders to catch perfect […]
The price of a financial product moves continuously. However, from time to time, a “gap” occurs. Trading gaps is not a one-way street, though. Depending on the financial product, different ways of trading gaps for daily profit exist. Moreover, like this article will show, day trading gaps differs from culture to culture. Charting as a […]
Few trading concepts gained in popularity like harmonic patterns. In fact, retail traders use various harmonic patterns Forex strategies to find the perfect trade. There’s a reason why traders love them. They come with a clear setup, giving an entry and exit place. Moreover, the risk-reward ratio is one of the best. The Forex market […]
Learn EXACTLY how I traded today to add 2.5% to my REAL account.
In this tutorial I will uncover:
- The triangle pattern strikes again! *How good is this strategy?!*
- Battle of the titans EUR vs CHF
- My manual scalp-against-the-trend technique
- What NOT to do in situation like the one on GBPCAD today
I get asked this question a lot. So much that today I want to settle the scores once and for all in this monster review.
Let’s get one thing out of the way straight up. Despite obvious sequencing in names, MetaTrader 5 is not the successor of MetaTrader 4.
These are two completely separate platforms that are being developed in parallel by MetaQuotes Software Corp. It is up to you to choose one of them for your trading and that is what we will be discussing here.
Since publishing my video course on how to set up a Forex VPS I have been receiving lots of questions in regards to Amazon Web Services (AWS) and Amazon VPS for trading. Example:
“What do you think about AWS? Do you think if it has enough ram to support three instances of mt4 at the same time with 10 ea working in each platform?”
Amazon offer the first year of their subscription for FREE, and this means that if Algorithmic traders deploy their Forex Robots at Amazon they save some cash on VPS hosting.
A lot of traders out there do recommend AWS. But I’m going to take a different stance: in this blog I will give you five reasons why you should NOT use Amazon VPS for Forex Trading, and hopefully save you lots of heartache and stoplosses.
Channels (aka corridors) are, hands down, the most common formation on the Forex market. Combined with the triangle pattern, good ol’ channels cover 80% of market situations.
There are several strategies for trading channels in Forex. Today we discuss the main two: the “inner” and “breakthrough” strategies.
Have you ever come across an indicator in MetaTrader 4 which you didn’t know how to use? Or an indicator you weren’t really comfortable with the calculation of?
Today I will show you that Forex Indicators are incredibly easy!! After today’s short tutorial you will have a whole new appreciation for indicators.
By popular demand, proven strategies on how to beat every algorithmic trader’s worst nightmare – Error 130
Where does this error come from? What does it mean for your Expert Advisor? How can you find the part of your code that is causing the error? We tackle all this and more…