In this post we are going to discuss in detail how we are going to predict the gold price for the next week with Kernel Ridge Regression. Did you read the post on how we made 600 pips in 2 days with a 10 pips stop loss? Trading is all about catching the big moves… Continue reading How To Predict Weekly Gold Price With Kernel Ridge Regression?
What Are Interdealer Brokers & What Is ICAP And EBS?
In the next few posts we are going to discuss in detail how the exchange rates are determined from the highest to the lowest possible transaction level. Since we are in the business of trading these exchange rates, we should have the macro as well as the micro picture about the currency market. Currency market… Continue reading What Are Interdealer Brokers & What Is ICAP And EBS?
Download Camarilla Pivot Point MT4 Indicator FREE
Camarilla Pivot Points are frequently used by professional traders in their trading. If you don’t know how to trade with pivot points, you can watch these video tutorials that explain how to trade with pivot points. Pivot point is simply the average of the High, Low and Close of the last period. If you are… Continue reading Download Camarilla Pivot Point MT4 Indicator FREE
How To Trade With Camarilla Pivot Points Important Video
In this post we show you how to trade with Camarilla pivot points. In the last post we showed you how to trade with pivot points. At the end of the post we forgot to give you our pivot point trading strategy. You see pivot points act as a magnet to the price. You will… Continue reading How To Trade With Camarilla Pivot Points Important Video
How To Trade With Pivot Points Video Tutorials
Pivot Points has been used by professional trader for over hundred years now. Even after being in use for the last 100 years Pivot Points are still very popular with professional traders which is an indication of their robustness. Before you continue did you read the post on how to make 600 pips with a… Continue reading How To Trade With Pivot Points Video Tutorials
EURGBP Double Inside Day Breakout Trade That Made $10K
Inside day candlestick pattern is pretty good when it comes to catching big breakouts. But not always. There are many false inside day patterns. You need to learn how to filter the false inside day patterns from the true ones. In the video below Dale Woods shows how he traded a double inside day pattern… Continue reading EURGBP Double Inside Day Breakout Trade That Made $10K
How To Make 600 Pips In 2 Days With A 10 Pips Stop Loss?
As a swing trader, you should always check the daily economic news calander. Whenever there is a monetary policy statement announced by the central bank, expect big action. Now sometimes the market reacts big time and sometimes the market doesn’t react at all. So you should be prepared for both eventualities. This is what we… Continue reading How To Make 600 Pips In 2 Days With A 10 Pips Stop Loss?
EURUSD Went Crazy Today On ECB President Mario Draghi’s Bazooka
In the last post, we talked about why it is very difficult to predict currency prices or for that matter stock prices using machine learning algorithms. Artificial intelligence and machine learning are new games that are being played by quants. But when it comes to mathematically predicting market prices everything falls haywire. Now take a… Continue reading EURUSD Went Crazy Today On ECB President Mario Draghi’s Bazooka
Why It is Difficult To Predict Exchange Rates Using Statistical Models?
Exchange rates are very important for business, banks, investors and of course small traders like us who want to profit from their volatility. If you are dealing with EURUSD, you will want to know whether to buy or dump EURUSD this week? One method used by us traders is to look at the charts and… Continue reading Why It is Difficult To Predict Exchange Rates Using Statistical Models?
Forex Enigma A Brand New Scalper That Makes 200 Pips Daily
Forex Enigma is a brand new scalper software that the developers are claiming can make 200+ pips daily. You can download Forex Enigma and test it on the demo account. Check yourself whether this claim being made by the developers is true or not. As you can see from the above screenshot, Forex Enigma made… Continue reading Forex Enigma A Brand New Scalper That Makes 200 Pips Daily