Over the years, top financial institutions and hedge funds have developed various trading tools to get an edge in the markets. With specific indicators, expert advisors, and similar doses, it is now possible to achieve consistency quickly. Strategies that utilize these options are easy to understand and are a top choice for beginners looking to step into their industry. The … [Read more...] about Free Trading Tools by FX Blue for Beginners
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Cairo Review
Cairo is a new Forex expert advisor that was published on the MQL5 on January 19, 2021. This EA has a fast and dynamic algorithm that promises a win rate of 99% in a historical backtest. The robot trades weekly and closes deals the same day. It can run on MT4 or MT5 platforms. Although the developer promises a high win rate and fast execution, we can’t trust him blindly. … [Read more...] about Cairo Review
The US Dollar Underperforms the Majors, the Russian Ruble Already Feeling the Impact of Sanctions From Washington
The United States has formally accused the SVR, a Russian foreign intelligence service, of the SolarWinds hack carried out early this year. Consequently, the US government is initiating a range of sanctions against targeted Russian businesses and individuals. Now, certain companies and debt with Russian ties are blacklisted from the US-led global financial ecosystem.As soon as … [Read more...] about The US Dollar Underperforms the Majors, the Russian Ruble Already Feeling the Impact of Sanctions From Washington
Happy MartiGrid Review
Happy MartiGrid is a system that works with a Grid of orders enchanted with Martingale Lot Sizes. The robot is a part of a big Happy Forex family. Detailed Happy MartiGrid Review The advisor has many features which we are going to describe: The system executes deals fully automatically on the MT4 platform.The robot places Take Profit and Stop Loss levels for each … [Read more...] about Happy MartiGrid Review
GBP/JPY: Japanese Yen Retracts With Extended Restrictions
Japan is likely to ease restrictions on May 5, 2021, as it struggles with the Olympics question. The UK is likely to increase exports to Japan in 2021. The GBP/JPY is below the 20-day EMA at 151.159. The GBP/JPY pair closed at a +0.05% change on April 13, 2021, from previous day trading. The pound was basking in positive industrial production data showing … [Read more...] about GBP/JPY: Japanese Yen Retracts With Extended Restrictions
5 Forex Jargons Popular Among Advanced Traders
The forex trading industry, like all other industries, has its important terminologies. Some of these terms are relatively easy to use and understand. For example, any forex trader knows what a pip and a currency pair are. However, there are other terminologies used mostly by advanced forex traders. In this article, we look at some of those terms, what they mean, and how you … [Read more...] about 5 Forex Jargons Popular Among Advanced Traders
ADX in Trading Strategy
Average Directional Movement Index (ADX) is a widely-used indicator that is often employed to measure how strong a market trend is. However, ADX is not used to determine whether a market has assumed a bullish or a bearish trend. It is used to assess the strength of a trend using the average expansion in price range values. How does ADX work? ADX determines the strength of … [Read more...] about ADX in Trading Strategy
Leprechaun Review
There’s a Leprechaun robot published on MQL5 in September 2020. The developer is Aleksei Zaitsev. The last V3.6 was uploaded on September 23, 2020. Detailed Leprechaun Review There’s an extended list of available features: Leprechaun is a system that executes a Grid strategy. The main direction is trading in the trend direction. If the direction of the … [Read more...] about Leprechaun Review
FX Scalper X Review
Instead of a great promo, we see these negative statements about why people usually lose the account and are disappointed in being a trader. Frankly, it’s awkward. Detailed FX Scalper X Review These two lines of icons with a bit of explanation are everything we have about the system. It’s unprofessional to pitch the robot that way. The robot is a fully … [Read more...] about FX Scalper X Review
Bretton Woods Agreement: The Watershed Agreement That Shaped Global Finance Industry
Decisions by world powers decades ago continue to shape the modern finance and economics industry. Some of the accords' impacts are being felt and should be felt for many years to come. The Bretton Wood Agreement is one such momentous agreement that has shaped the two industries a great deal. Before World War 1 gold was the preferred standard of exchange for international … [Read more...] about Bretton Woods Agreement: The Watershed Agreement That Shaped Global Finance Industry