Author: FX

Late yesterday it appeared that US-Iran negotiations were headed for catastrophe after Vice President JD Vance left Pakistan without a deal but not all hope is yet lost if you read between the lines from the latest statements.The most-recent one is from Trump, who said the US will clear mines in the Strait of Hormuz and blockade Iran from shipping through it, much like Iran has done to the rest of the world.He wrote:So, there you have it, the meeting went well, most points were agreed to, but the only point that really mattered, NUCLEAR, was not. Effective immediately, the…

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Sat: US/Iran TalksSun: Hungary ElectionMon: OPEC MOMR (Apr), Chinese M2 Money Supply (Mar), US Existing Home Sales (Mar), US Monthly Budget Statement (Mar)Tue: IEA OMR (Apr), IMF World Economic Outlook Press Briefing (Apr), Chinese Balance of Trade (Mar), Japanese Industrial Production Final (Feb), German Wholesale Prices (Mar), Spanish HICP Final (Mar), US NFIB Business Optimism Index (Mar), US ADP Weekly Change, US PPI (Mar), South Korean Export/Import Prices (Mar), South Korean Unemployment Rate (Mar)Wed: Indian WPI & Inflation (Mar), French HICP Final (Mar), EZ Industrial Production (Feb), US Export/Import Prices (Mar), Fed Beige Book (Apr), Japanese Machinery Orders (Feb), Indian…

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The Sniper Entry Indicator MT5 addresses this timing challenge by filtering out premature signals and highlighting high-probability entry zones. Instead of jumping into trades during minor pullbacks or false breakouts, this indicator waits for confirmation that the move is genuine. Think of it as adding a quality filter to your existing analysis. When price action aligns with the indicator’s signal, traders get what the name suggests: a sniper-like entry rather than a shotgun approach. This article breaks down how the indicator actually works, when it performs best, and the situations where it might lead you astray. How the Sniper Entry…

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The Trend Meter is a multi-timeframe trend analysis tool designed for MetaTrader 5 that displays the current trend direction across eight different timeframes in a single panel. Unlike standard indicators that plot lines on your chart, this creates a dashboard showing whether each timeframe is bullish, bearish, or neutral. The visual representation typically uses color coding—green for uptrends, red for downtrends, and gray or yellow for ranging markets. The indicator calculates trend direction using a combination of moving average slopes and price position relative to these averages. Most versions use the relationship between fast and slow moving averages on each…

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The talks in Islamabad have beguin, according to reports from all sides.Notably, Iran has said it can’t open Hormuz because of mines in the water. The US seems to be calling that bluff as ‘several’ US navy ships passed through. Trump said “We’re now starting the process of clearing out Hormuz”.I wonder if Iran will see that as an escalation as it evidently wasn’t coordinated with them.One thing that worries me a bit is that Trump is highlighting that many tankers are headed to the US to pick up oil cargoes. He seems to be excited about that but the…

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