Author: FX

The Ichimoku Kinko Hyo and Time Forex Trading Strategy is a powerful combination that can significantly enhance your trading approach in the forex market. The Ichimoku Kinko Hyo system provides traders with a comprehensive view of market conditions by using five key indicators, allowing for a quick assessment of trends, momentum, and potential support and resistance levels. Its unique structure not only simplifies complex market data but also empowers traders to make informed decisions based on a clear visual framework. Incorporating time into this strategy is crucial. Timing your trades effectively can be the difference between a profitable outcome and…

The Trend Signal and Smoothed RSI Forex Trading Strategy is designed for traders who seek to capitalize on both trend-following and momentum signals. By integrating the Trend Signal indicator and a Smoothed Relative Strength Index (RSI), this strategy aims to filter out false signals and identify high-probability trading opportunities. The Trend Signal indicator provides clear direction by signaling potential reversals or trend continuations, while the Smoothed RSI helps gauge the momentum and strength of these trends. This combination not only refines entry and exit points but also offers a more accurate representation of price action compared to using a standard…

The world of forex trading can feel like a whirlwind of charts, indicators, and jargon. But fear not, intrepid trader! Today, we’ll be delving into a specific tool that can help you navigate those choppy waters: the Gann Hi Lo Activator SSL MT5 Indicator. Now, the name might sound like a mouthful, but don’t let that intimidate you. This article will break down everything you need to know about this indicator, from its origins to its practical applications. So, whether you’re a seasoned pro or a curious newcomer, buckle up and get ready to unlock the potential of the Gann…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

AUD/USD gains ground to around 0.6595 in Monday’s early Asian session, adding 0.54% on the day.  US NFP registered the smallest gain since December 2020.  The RBA is expected to hold the Official Cash Rate at 4.35% on Tuesday.    The AUD/USD pair gains momentum to near 0.6595 during the early Asian session on Monday. The uptick of the pair is bolstered by the softer US Dollar (USD) after the weaker-than-expected US October Nonfarm Payrolls (NFP) data. However, the uncertainty surrounding the US presidential election might boost the safe-haven flows and weigh on riskier assets like the Australian Dollar (AUD). Data…

Ramaco (NASDAQ:METC) is scheduled to announce Q3 earnings results on Monday, November 4th, after market close. The consensus EPS Estimate is $0.04 (-91.1% Y/Y) and the consensus Revenue Estimate is $156.41M (-16.4% Y/Y). Over the last 3 months, EPS estimates have seen 0 upward revisions and 1 downward. Revenue estimates have seen 0 upward revisions and 2 downward. Source link

By Tom Balmforth, Alexander Tanas CHISINAU (Reuters) -The candidate backed by Moldova’s pro-Russia Socialist Party took a slender lead in the presidential runoff late on Sunday, but the diaspora vote, which is widely seen as supporting pro-Western incumbent Maia Sandu, was yet to be counted. Two Chisinau-based political analysts, Vladislav Kulminski and Valeriu Pasha, said their assessment was the results indicated Sandu had won a second four-year term and defeated Alexandr Stoianoglo, an ex-prosecutor-general. With 90% of the vote counted, Stoianoglo was leading with 50.66% of the vote versus Sandu’s 49.44%. His lead could be seen gradually diminishing in real time…

OPEC+ announced on Sunday that it will delay the planned December voluntary output increase by one month.Last week there was a report that this was on the table so it’s not a big surprise. If anything, the oil market could be disappointed that it wasn’t extended for more than a month.I expect any market reaction to be limited with the focus on the US election and China stimulus announcements that are expected Nov 8. Brent closed Friday at $73.10.Here is the statement:The OPEC Secretariat noted that the eight OPEC+ countries Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan,…

This week our currency strategists focused on the Australia’s CPI Report and BOJ Monetary Policy Statement for potential high-quality setups. Out of the eight scenario/price outlook discussions this week, two discussions arguably saw both fundie & technical arguments triggered to become potential candidates for a trade & risk management overlay.  Check out our review on those discussions to see what happened! Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high quality discretionary trade idea before working on a risk & trade management plan. If you’d like to follow our…

Investing.com – Israel stocks were higher after the close on Sunday, as gains in the , and sectors led shares higher. At the close in Tel Aviv, the added 0.02%. The best performers of the session on the were Bank Hapoalim (TASE:), which rose 1.46% or 57.00 points to trade at 3,963.00 at the close. Meanwhile, Azrieli Group Ltd (TASE:) added 1.33% or 380.00 points to end at 29,030.00 and Israel Corp (TASE:) was up 1.25% or 1,030.00 points to 83,130.00 in late trade. The worst performers of the session were Camtek Ltd (TASE:), which fell 6.05% or 1,790.00 points…