From your MetaTrader 4 Desktop Client Terminal, click File on the navigation bar (top right corner). From the drop down list, click Open Data Folder. Windows explorer will pop up. Click into the MQL4 folder, then click into the Indicators folder. Paste your custom indicator files in this folder. Finally, …
3
Nov
Nov
Posted ByJane G
Category Analysis Aside
Margin is the amount of deposit traders need in order to enjoy leverage and higher potential for gains. It is also used as collateral to ensure traders have the ability to cover any losses that might incur on his or her positions. How Does It Work? If a Forex broker …
3
Nov
Nov
Posted BySamuel Morton
Category Daily FX Analysis
AUDUSD As suggested in yesterday’s chart analysis, price has become indecisive and is lacking trend direction. The AUDUSD is indecisive. Price is ranging between 0.7000 and 0.7070. The moving averages are tightening and moving sideways – confirming the market indecision. Trading opportunities could exist around the support and resistance areas …
2
Nov
Nov
Posted BySamuel Morton
Category Daily FX Analysis
With the US election nearing, now is a good time to review current trading positions and potential trading opportunities. Here is a quick Forex traders guide to the US election… When is the US election? The US election is 3rd November 2020. Most polls are open from 6am local time …
1
Nov
Nov
Posted ByJane G
Category Daily FX Analysis
3rd November 2020 TIME RELEASE PREVIOUS FORECAST 0330UTC RBA Interest Rate Decision 0.25% 0.10% TIME RELEASE PREVIOUS FORECAST 0730UTC Inflation Rate YoY OCT -0.8% -0.7% TIME RELEASE PREVIOUS FORECAST 2145UTC Unemployment Rate Q3 4.0% 5.4% 4th November 2020 TIME RELEASE PREVIOUS FORECAST 1330UTC Balance of Trade SEP C$-2.45B C$-2.2B TIME RELEASE PREVIOUS …
30
Oct
Oct
Posted BySamuel Morton
Category Daily FX Analysis
AUDUSD As suggested in yesterday’s chart analysis, price has been bearish. The AUDUSD is down-trending and is currently in a retrace phase. The moving averages are bearish and widening, suggesting that the downside direction could continue. Price is also down-trending on higher time-frames. Opportunities to go short may exist around …
29
Oct
Oct
AUDUSD As suggested in yesterday’s chart analysis, AUDUSD closed below the range support area and has since been bearish. Price is below the recent consolidation area and the moving averages have crossed bearish, all signalling that AUDUSD may start down-trending. Selling opportunities could exist around the dynamic resistance of the …
28
Oct
Oct
AUDUSD As suggested in yesterday’s chart analysis, price is reversing around the range resistance area. The AUDUSD continues to be indecisive and lack trend direction. Price is ranging between 0.7100 and 0.7150. The moving averages are slightly bullish, suggesting that the AUDUSD could break higher. Trading opportunities may exist around …
27
Oct
Oct
Posted BySamuel Morton
Category Daily FX Analysis
AUDUSD As suggested in yesterday’s chart analysis, AUDUSD has been moving sideways and has been reversing around horizontal levels. Price continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they are tightening and are moving sideways. AUDUSD is ranging between 0.7105 and 0.7150. …
26
Oct
Oct
AUDUSD As suggested in Friday’s chart analysis, price has been moving sideways. The AUDUSD is indecisive and is lacking trend momentum. The moving averages are bullish and steady, signalling potential upside. Trading opportunities may exist around the moving averages and around any of the horizontal levels at 0.7030, 0.7065, 0.7090, …