Author: FX

Updating major FX. Its still early, just 0630 in Japan and 0530 in Hong Kong and Singapore. Pretty much just New Zealand and Australia active right now. Be wary of low liquidity thin trade until markets thicken up in the hours ahead. Takaichi’s super-majority win clears the way for fiscal expansion, lifting stocks but renewing pressure on JGBs and the yen as intervention risks stay firmly in play.Summary:Sanae Takaichi’s coalition secures a historic landslide and two-thirds super-majorityResult clears legislative hurdles for tax cuts and higher fiscal spendingEquities seen benefiting, while JGB yields and the yen face renewed pressureAnalysts flag funding…

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The Spike Killer is a custom MT4 indicator that identifies and flags abnormal price spikes—those sudden, sharp movements that often reverse just as quickly as they appear. Unlike standard volatility indicators that simply measure price range, this tool examines the relationship between spike magnitude, timeframe, and subsequent price behavior. Here’s what makes it different: the indicator doesn’t just detect spikes. It categorizes them as either “kill signals” (likely to reverse) or “momentum signals” (likely to continue). This classification happens through a proprietary algorithm that compares the current spike’s characteristics against historical patterns within the same trading session. When loaded on…

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Sun: Japanese Average Cash Earnings, Japanese Snap ElectionMon: Swiss Consumer Confidence (Jan), Mexican Inflation (Jan), US Consumer Inflation Expectations (Jan), Australian Household Spending (Dec)Tue: EIA STEO; Norwegian prelim. CPI (Jan), US NFIB (Jan), Weekly ADP, ECI (Q4), Export/Import Prices (Dec)Wed: BoC Minutes (Jan), OPEC MOMR; ECB Wage Tracker (post-meeting); Chinese Inflation (Jan), Norwegian GDP (Q4), US NFP (Jan)Thu: IEA OMR, EU Informal Leaders Retreat; Japanese PPI (Jan), UK GDP Prelim. (Q4), GDP (Dec), US Weekly/Continuing Claims; Existing Home Sales (Jan), South Korean Export/Import Prices (Jan)Fri: Indian WPI (Jan), Swiss CPI (Jan), EZ Prelim. Employment (Q4), GDP 2nd (Q4), US CPI…

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A non repainting indicator commits to its signals. Once an arrow prints on a closed candle, it stays there—period. The code doesn’t look back and redraw based on future price action. Most repainting indicators use look-ahead functions or recalculate values on current bars. They might show a buy arrow at 1.0850 on EUR/USD, but when the next candle closes at 1.0840, that arrow shifts or disappears entirely. Traders who acted on the original signal find themselves in losing positions based on data that no longer exists in the indicator’s memory. Non repainting versions avoid this trap through strict coding discipline.…

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