Author: FX
The Indicator Arrows MT4 Indicator is a helpful tool that shows buy and sell signals directly on your chart. Instead of digging through complicated indicators or interpreting patterns manually, traders can rely on colored arrows to guide them. A green arrow usually means it’s time to buy, while a red arrow points to a selling opportunity. It works with most currency pairs and timeframes, making it great for both beginners and experienced traders. How Does It Work? This indicator doesn’t guess—it uses built-in rules based on price movements and technical indicators. When certain conditions are met, the software draws an…
China's July consumer prices flat, factory-gate prices miss forecast Source link
These small data issues may not seem like a big deal, but they can throw off your testing results. An expert advisor (EA) might look like it’s making money, but it’s just reacting to fake or flawed data. On the flip side, a good strategy might look bad and get tossed aside. Traders end up confused, discouraged, and stuck in a cycle of testing, tweaking, and testing again—without real progress. Here’s the Solution: Strategy Tester Equalizer MT4 Indicator The Strategy Tester Equalizer MT4 Indicator is built to fix this exact issue. When added during strategy testing, it smooths out the…
XAG/USD up 0.24% on Friday, on track to end week over 3.5% higher.Price surged more than 6% since July 31 low at 50-day SMA of $36.20.Bullish harami pattern confirmed after breaching July 31 high of $37.26.Silver Price advances for the fourth time in the week, poised to end above $38.00 a troy ounce and close to weekly highs of $38.50 as traders prepare for the weekend. Broad US Dollar weakness across the board and increasing bets that the Federal Reserve might reduce rates at the September meeting, supported the grey metal advance.XAG/USD trades with daily gains of 0.24%, set to…
Well, well, well. If you thought markets would quietly digest last week’s jobs report disaster and move on, you clearly haven’t been paying attention to how 2025 rolls. This week was all about picking up the pieces from that brutal 73,000 jobs shocker while Trump kept the tariff drama cranked up to eleven. Monday brought the classic “bad news is good news” rebound as traders pivoted to “hey, at least the Fed will definitely cut rates now” optimism. But the entertainment kept coming. Trump escalated his tariff threats on India while keeping Switzerland’s 39% levy firmly in place…
Nasdaq posts record closing high with tech gains, rate cut optimism Source link
The US dollar is closing the day mostly higher. The one exception is a modest decline versus the GBP (which was the strongest currency this week). The Feds Musalem was more hawkish compared to other Fed members post the US jobs report. He is still concerned about the impact from tariffs on inflation good where they are.Other news today, Canada was weaker than expectations with a decline of -40.8 job vs expectations of 13.5K. The USDCAD moved higher on the news but the gains found some selling near the 100 hour MA at 1.3757For the trading day the markets were…
The Wall Street Journal is reporting that Putin told US envoy Witkoff he would agree to a cease-fire if Ukraine withdrew forces from all of Ukraine’s Eastern Donestk region.How bad do Ukraine and Russia want peace? This article was written by Greg Michalowski at investinglive.com. Source link
The NASDAQ index led the market higher today and this week, closing at yet another record high and extending to a new intraday high, surpassing the high price from July 31 at 21457.48. The high price today reached 21464.53.The S&P also moved higher but closed just below its prior record high at 6389.77. The closing level today came in at 6389.45, just $0.32 from that record high.A snapshot of the closing levels shows:Dow Industrial Average rose 206.97 points or 0.47% at 44175.61.S&P index rose 49.45 points or 0.78% at 6389.45. NASDAQ index rose 207.32 points or 0.98% at 21450.02.Russell 2000…
The Wall Street Journal is reporting that the Pres. team is expanding the search for the new Fed chair. According to the article:The search is being led by Treasury Secretary Scott Bessent will lead the vetting process, conduct initial interviews, and present a final shortlist to President Trump.The inclusion of former St. Louis Fed Pres. James Bullard seems a bit out of character in some ways, but in other ways not so “Trump-like”. If Trump wants someone who is more anticipatory whether it is dovish or hawkish, Bullard would be the man. However, if Trump wants someone who will support…