<p>Setup : 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Story: We have hit Support and went up Retraced to Fib Area and hit the fib several times Last before going out from that range a nice Plutus Reversal pattern with SI ratio 17.4/4.8 [&hel
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AUDCHF- High SIs at Top of Range -TRADING WITH WEIS WAVE WITH SPEED INDEX
<p>Setup : 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Story: After a large down wave we start ranging and we notice that the High SIs are the Top. So what do we do ? Do we enter short as soon as we have […]
NZDCHF- 3 Plutus reversals -TRADING WITH WEIS WAVE WITH SPEED INDEX
<p>Setup : 4Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Story: Not much to say Plutus Reversals pattern with SI ratios higher than 2 – Story on Chart More info on Plutus patterns please refer to: https://www.tradethevolumewaves
Key Points from the June Fed Meeting. Decisive “no” to NIRP
<p>Let’s start from the brief recap of the Fed meeting:</p> <ul> <li>Key rates remain unchanged, monthly purchases of Treasuries and MBS (i.e. QE) will be carried out “at least at the current pace”;</li> <li>Federal funds rate will be kept in the range of 0-0.25% for an extended period of time, until the Fed R
Dow plunges 1,300+ points on grim Fed outlook! Another 10,000 to go?
<p> One day after the US Federal Reserve warned of a long economic recovery from the impact of Covid-19, the Dow plunged more than 1,300+ points – its worst day since March. The gloomy outlook from the Fed comes even after the central bank has pumped nearly $3 trillion into the financial market since February […]
JPMorgan Chase: a safe haven in the banking sector? Part 1
JPM: Analysis of the company’s reliability based on fundamental and historical factors. In this article I continue analysing US blue chip companies. Last time, I analysed General Electric Company (the analysis can be found here). Today, I’m analysing the global banking conglomerate JPMorgan Chase which became the basis of the world’s bank system.
Quantitative Trading
How to use quantitative trading strategies Classic trading uses fundamental and technical analysis. Quantitative trading strategies are a radically different approach that has much in common with algorithmic trading and neural networks, some of them have direct correlation to high-frequency trading. Quant trading strategies rely on mathematical mod
NeoWave. Part 26. Missing Waves and Emulations
Missing Waves and Emulations. Definition. Variations. Properties. Dear friends! In the previous training articles, I covered the application of channeling and Fibonacci relationships. This article will deal with the last section in the NeoWave series, I will describe missing waves. I will also write about patterns, which, in many ways, can imitate
Yens comes back home
Repatriation of capital into Japan and the weakness of the greenback send the USD/JPY down The time when the US dollar was a more popular safe haven than the Japanese yen is over. The yen has now a good chance to stabilize without being concerned that geopolitics and different shocks will strengthen it. It turns […]
CFTC Charges Owners of FX Auto-Trading App with Fraud
Defendants sold the software for $199 and then $145 a month to provide users with access to the auto trading bot.