Author: FX

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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The Multi Timeframe Trend Indicator MT4 aims to fix that blind spot. It shows trend direction from higher timeframes directly on the active chart, helping traders stay aligned with broader market flow. Instead of guessing whether a pullback is a reversal, they can see it. Here’s how this tool actually works in real trading conditions. What the Multi Timeframe Trend Indicator MT4 Really Is At its core, the Multi Timeframe Trend Indicator MT4 is a trend confirmation tool. It pulls trend data from higher timeframes—such as H1, H4, or D1—and displays it on a lower chart like M15 or M5.…

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The Trend Meter Indicator MT4 calculates individual currency strength by analyzing price movements across all major pairs containing that currency. When you see the meter showing USD strength at +80, it means the dollar is gaining value against most other currencies in your basket. Conversely, a reading of -80 indicates broad weakness. The calculation process runs through 28 major pairs every time it updates. For each currency, the indicator measures its performance against seven other counterparts, then averages those results into a single strength value. This happens simultaneously across multiple timeframes—typically M15, H1, H4, and D1—giving traders a complete picture…

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ING’s Chief Economist for Greater China, Lynn Song, notes that China’s CPI inflation eased to 1.0% year-on-year after Lunar New Year, while PPI turned positive for the first time since 2022. The report highlights rising energy and transportation fuel costs, suggesting further upside for inflation and a gradual shift away from entrenched deflationary expectations in China.Energy-driven price pressures support reflation”The substantive price drops are in line with China’s typical seasonality around the Lunar New Year holiday. More importantly for the months ahead, we are starting to see the impact of higher energy prices in the data. The subcategory for transportation…

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