The Quasimodo (QM) is a institutional way of trading that has a high strike rate. There are many variations of the QM. Hence, mentees need to know all variations as presented in this tutorial. Mentees are expected to make as many flashcards as they can, in order to understand the strategy. Join our Telegram Channel
Andrew Lockwood is here to teach you his simple stochastic indicator forex strategy step-by-step. A stochastic oscillator is a technical indicator that measures the relationship between a forex pair’s closing price and the pair’s price range over a set period of time. When using the stochastic trading strategy, the lines of the stochastic indicator can
Crypto lending platform Celsius has reportedly filed for Chapter 11 bankruptcy, having notified individual U.S. state regulators on Wednesday, July 13. The news was reported by CNBC and referred to an unnamed source, who asked not to be named as the proceedings were private. The source noted that Celsius plans to file the paperwork “imminently.”
AUDUSD holding the 0.6762 but has 200H MA above to breach The AUDUSD has not been spared from the downside seen in the forex market today. Just prior to the CPI report, the pair moved up to test its 200 hour moving average (green line in the chart above). The subsequent tumble to the downside
Markets: Gold up $7 to $1732 US 10-year yields down 5 bps, US 2-year yields up 9 bps S&P 500 down 17 points to 3801 WTI crude oil flat at $95.76 CAD leads, JPY lags This was a wild day of surprises and unexpected market moves but when you stand back and inspect the overall
Gold prices declined by Rs 85 to Rs 50,487 per 10 grams in the local market here on Wednesday, according to securities. In the previous trade, the precious metal closed at Rs 50,572 per 10 grams. Silver prices rose by Rs 161 to Rs 56,179 per kg from Rs 56,018 per kg in the previous
Dollar rises in early US session after data shows that headline consumer inflation accelerated once again in June, to the highest level since 1981. Yen is currently the worst performing one on rise in US and European benchmark yields. But there is prospect for recovery in Yen, except versus Dollar, if risk off sentiment intensifies.
In this article DAL An Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | Reuters Delta Air Lines on Wednesday reported a quarterly profit thanks to travelers willing to pay up to fly, more than making up for higher costs. The carrier also vowed to improve reliability after an increase in delays and
Silver Price shows signs of bottoming as the US 2s-10s yield curve inversion deepens further towards negative territory. Gold and Silver prices stage a recovery after reaching YTD lows in the last couple of days. Richmond’s Fed Thomas Barkin commented that the high CPI print makes the case to fight inflation even harder. Silver (XAGUSD)
Image: https://unsplash.com/photos/bA5ZJ9JVrb8 Blockchain-based games using nonfungible tokens (NFT) and metaverse platforms have remained immensely popular throughout 2022. Although the crypto market has been bearish, users across those games have remained consistent with at least 1 million users per day, according to tracker DappRadar. A new report from Kraken Intelligence and CoinGecko’s May 2022 market report
EURGBP retested the 0.8432 level for the 3rd straight low The EURGBP reached to the lowest level since May 18 and May 23rd lows which came in at at 0.8432. The low price today reached the same level. The low today did also see the price move below the 100 and 200 day MAs at
Strong policy intervention needed on energy use Or else the world economic recovery will be at risk High fuel prices has dented oil consumption in OECD but developing countries saw rebound Higher prices, deteriorating economic environment have started to take a toll on demand Just a bit of elaboration on both sides of the story
Malaysian palm oil futures plunged more than 6% on Wednesday due to weak July exports and as fears of renewed COVID-19 curbs in China sparked a selloff in rival Dalian oils. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange slid 276 ringgit, or 6.71%, to 3,840 ringgit ($866.62) a
Sterling is in recovery today, and it’s supported by better than expected monthly GDP data. Yen is currently the softer one. But overall trading is quiet in the currency markets. RBNZ’s rate hike doesn’t give any lift to Kiwi. Canadian Dollar is range bound, awaiting BoC rate decision. Meanwhile, Dollar is consolidating recent gains, awaiting
A signage for Temasek Holdings is displayed during a news conference following the company’s annual review in Singapore on July 9, 2019. Bryan van der Beek | Bloomberg | Getty Images SINGAPORE — Temasek Holdings reported Tuesday that the net value of its portfolio grew to $286.48 billion (403 billion Singapore dollars) at the end
EUR/USD has lots its traction following Tuesday’s recovery attempt. AS FXStreet’s Eren Sengezer notes, parity comes back in play following correction. Investors await June inflation data from the US “Later in the session, the US Bureau of Labor Statistics will release the Consumer Price Index (CPI) data for June. Markets expect annual CPI to climb
There were some bugs that I’ve fixed, but very high fitness was achieved on this run.
Welcome to Technical FX Youtube Channel. In this video James the Founder of Technical FX shares how he tracks the market structure across multiple timeframes to find the trading direction. Request an online consultation with James: www.technicalfx.co.uk If you would like to purchase a trading journal you can here: https://shop.technicalfx.co.uk You can join our learning