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Crude Oil Inventories February 24, 2021

DOE Crude Forecast is -5190 DOE Gasoline is -3062 API Actual Crude is 1026 API Actual Gasoline is 0066 Will therefor use a forecast of =... MoreDOE Crude Forecast is -5190 DOE Gasoline is -3062 API Actual Crude is 1026 API Actual Gasoline is 0066 Will therefor use a forecast of = -2500 for Crude oil Will therefor use a forecast of = -1500 for Gasoline Remember that OIL is a commodity, so more oil is bad for the market price and vice versa. A positive deviation means a SELL on OIL and a negative deviation means a BUY on oil! So we must reverse the triggers!! Check out the great move that API private report created last night here! Nice spike and continuation! See charts here.... https://calendar.galaxysoftwareinc.com/#/calendar;i=30120;t=2021-02-23;r=M1 Last weeks DOE report didn't trigger for us but was very close! See charts here.... https://calendar.galaxysoftwareinc.com/#/calendar;i=29285;t=2021-02-18;r=M1 Trade plan.. For non-slip platforms will use a timeout of 100ms For platforms with slippage will use a timeout of 500msT1 = 3900 dev, with max conflict of 1500 on Gasoline T2 = 4900 dev, with max conflict of 2500 on Gasoline T3 = 6000 dev, with max conflict of 3500 on Gasoline Additionally, I can set up another T1 trigger of +-5000 on Gasoline if Oil deviates by at least +-1750 On platforms that allow slippage control, I can run the same setup but allow GAS conflicts up to 5000 on all triggers.

Forex SignalsNews TradingTrading Strategies

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THIS INFORMATION WORTHS YOUR TIME ONLY TAKES 5 MINUTES AND WILL SHORT YOUR WAY ON TRADING

Hello guys, this is my second post in the forum, thanks for letting me contribute, now there's one serious thing i've been noting since the ... MoreHello guys, this is my second post in the forum, thanks for letting me contribute, now there's one serious thing i've been noting since the first day i started with trading and that thing is that i've been noticing that is not good to trade with market maker brokers and the reason is because they can MANIPULATE the prices, trust me, the first day i traded i was using XM.com and guess what, i anotated my entrances, i only had 1 open position and then guess what... well at the other day i was stumbed upon they changed my entrances they modified the TAKE PROFIT, the STOP LOSS and the original entrance, the thing is that i lost the trade because they modified everything but FORTUNATELY i took a screenshot of it and told the technical support department they were doing fraud, by that point they told me they weren't doing anything of that and to keep it short they told me that was the original position (WHICH I KNOW IS NOT TRUE BECAUSE LIKE I SAID I TOOK SCREENSHOT), after that i wanted to give another try to FOREX this time i tried with a broker whose name is ICMARKETS https://www.icmarkets.com/?camp=15222 that is an ECN broker that means that your profits are not their losses and their losses are not your profits you are trading with someone real on the market, and i highly suggest you always do this cause otherwise what happened to me could happen to you if you use a market maker broker like XM, to describe everything above in short words my best opinion for novice traders is to always trade with an ECN broker because there's always an interest lying up in the middle betwen market makers and you :)

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German Composite PMI - February 19th 2021

This PMI is important to the market as its a forward-looking indicator that helps predict the direction of Europes largest economy! Check o... MoreThis PMI is important to the market as its a forward-looking indicator that helps predict the direction of Europes largest economy! Check out how well EURUSD moved last month, on very small conflicting deviations... See charts here --> https://calendar.galaxysoftwareinc.com/#/calendar;i=26486;t=2021-01-22;r=M1 We must concentrate on the Manufacturing line, as this is the most important part of the German economy! Trade Plan.. German Manufacturing PMI - Primary triggers of 2/3/4 German Composite PMI - must deviate by 1.0+- German Services PMI - must deviate by 1.0+-

Forex SignalsTechnical Analysis

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Crude Oil Inventories - February 18th 2021

DOE Crude Forecast is -2426 DOE Gasoline is +1397 API Actual Crude is -5800 API Actual Gasoline is +3900 Will therefor use a forecast of... MoreDOE Crude Forecast is -2426 DOE Gasoline is +1397 API Actual Crude is -5800 API Actual Gasoline is +3900 Will therefor use a forecast of = -4000 for Crude oil Will therefor use a forecast of = +2500 for Gasoline Remember that OIL is a commodity, so more oil is bad for the market price and vice versa. A positive deviation means a SELL on OIL and a negative deviation means a BUY on oil! So we must reverse the triggers!! Check out the great move that API private report created last night here! Nice spike and continuation! See charts here.... https://calendar.galaxysoftwareinc.com/#/calendar;i=29263;t=2021-02-17;r=M1 Last weeks DOE report didn't trigger for us but was very close! See charts here.... https://calendar.galaxysoftwareinc.com/#/calendar;i=28647;t=2021-02-10;r=M1 Trade plan.. For non-slip platforms will use a timeout of 100ms For platforms with slippage will use a timeout of 500ms T1 = 3900 dev, with max conflict of 1500 on Gasoline T2 = 4900 dev, with max conflict of 2500 on Gasoline T3 = 6000 dev, with max conflict of 3500 on Gasoline Additionally, we can set up another T1 trigger of +-5000 on Gasoline if Oil deviates by at least +-1750 On platforms that allow slippage control, we can run the same setup but allow GAS conflicts up to 5000 on all triggers.

Forex SignalsNews Trading

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Australian Employment report - Feb 18th 2021

Australian data is showing more signs of pushing the Aussie dollar around when we get a good surprise. Employment is a key metric for the Au... MoreAustralian data is showing more signs of pushing the Aussie dollar around when we get a good surprise. Employment is a key metric for the Aussy as the RBA is watching it! Last time we really didn't get that much of a deviation, with just -0.1 in Unemployment creating a small 4 pip move. Not enough to trade, but does show that the Aussie is sensitive to a deviation. Check out the move here... https://calendar.galaxysoftwareinc.com/#/calendar;i=26434;t=2021-01-21;r=M1 It is important that we consider the 3 main lines in any trading decision, Employment = The headline number of how many jobs are gained or lost. Full Time = How many of those jobs are Full-time positions, as opposed to Part-Time. This is important as a big positive surprise in Employment number may look good initially, but if it's made up of many Part-time positions, well that's not good at all! Unemployment= This line is important! the RBA is watching this line specifically, and will be key to any trade's success! This month the forecast ranges are tighter than normal, so that helps if our triggers are hit! Trade Plan...No Slippage control... Trade on AUDNZD T1 TEST = EC=50K & UE= 0.2 & FT=38K all must dev T2 VERY SMALL= EC=50K & UE= 0.4 & FT=38K all must dev or T2 VERY SMALL= EC=100K & UE= 0.3 & FT=38K all must dev T3 SMALL =EC= 50K & UE=0.8 & FT=38K all must dev With Slippage control.. Trade on GBPAUD Slippage of = 5/7/8 pips of slippage EURAUD Slippage of = 5/7/8 pips of slippage T1 TEST = EC=40K & UE= 0.2 & FT=38K all must dev T2 VERY SMALL= EC=40K & UE= 0.4 & FT=38K all must dev or T2 VERY SMALL= EC=100K & UE= 0.3 & FT=38K all must dev T3 SMALL =EC= 40K & UE=0.8 & FT=38K all must dev

Forex SignalsNews TradingTrading Strategies

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UK CPI 2021-02-17 07:00 GMT

This data has not produced any good moves for some time, mainly due to Brexit negotiations. However now CPI may be a little more in focus! ... MoreThis data has not produced any good moves for some time, mainly due to Brexit negotiations. However now CPI may be a little more in focus! Recent History.. Dec 2020 before the Brexit deal was done, a -0.3 produced no move at all. See Charts here --> https://calendar.galaxysoftwareinc.com/#/calendar;i=25441;t=2020-12-16 Jan 2021 after the Brexit deal, a +0.1 deviation did manage to get a small market reaction. See Charts here --> https://calendar.galaxysoftwareinc.com/#/calendar;i=26398;t=2021-01-20 Trade Plan .. I think that its worth trading with slippage control of 3 pips on GBPUSD, in the event of a +-0.3 deviation on CPI (YoY), as long as the other CPI lines don't conflict! If I trigger would hope to see at least 10 pips within the first 1 min.

News TradingTechnical Analysis

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What are the best books to read before starting trading

Because i don't want to lose money so much.

Xtrade

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THIS THREAD WILL SAVE YOU 3 YEARS AT LEAST OF YOUR LIFE IN THE MARKET

Hello, guys, first of all i'm new in this forum, so thank you very much por accepting me :), now let's get straight ahead to the secrets i'v... MoreHello, guys, first of all i'm new in this forum, so thank you very much por accepting me :), now let's get straight ahead to the secrets i've learned so far in my career as a trader i want to share with you because like the thread's title says it will save 3 years at least of your life. 1)MOST OF THE TRADING IN 2021 IS BEING DONE BY TRADING ROBOTS First of all sorry for getting really straight to the point but there are so many secrets i've learned as a trader that i'll just share with you just some few important ones i have many secrets but i'll post it in later threads, like you saw on the first section, most of the trading in 2021 is done by algorithm robots let me tell you that if you're a manual trader you can still do money but the process will be slower, now winning lots of money at every market is possible in my experience i got many strategies that have made me lots of money which of course i'm not going to share because if i'll give to you the formula everyone would be doing that and therefore the strategy will no longer work cause there are so many interests playing on the role (banks, individuals, hedge funds, etc...) BUT I'M GOING TO GIVE YOU THE SECRETS SO YOU CAN START DEVELOPING THE FORMULA AND GETTING TO THE POINT I GOT, it needs to be said that those formulas i'm going to talk about will be able to help you to build many robots that makes you lots of money once that said let's get down to the point #2 2)THIS FORMULA CAN BE APPLIABLE TO PREDICT MARKETS LIKE FOREX, CFD'S, STOCK MARKETS AND FUTURES Now once you read point number one let's move forward to the point number two, i don't know if you have ever heard about terms like expected value, Black Scholes formula, Baum-Welch algoritm but i have made huge profits on the market by applying that formula to my trading robots', and to be precise most of my algoritms are designed to do high frequency trading i apply those formulas to detect some patterns on the market that offen appear on the graph and they trade really quickly they buy or sell according to the pattern really quickly and yes just like you figure this can not be done by humans since this are patterns that show up and just last seconds that's the reason that when we have less time robots are the best option to fix the issue, now to be honest i got the code and everything else which is sacred because right now i got a good cheese in my pocket and to be honest when i retire i'm going to enjoy life more than i'm enjoying it now, those formulas that i just mention bounded with the Brownian motion formula needs to get studied perfectly if you want to get profitable trading systems which i really encourage you to do because once you automate everything you don't need to worry about anything else, you just wake up and see that the bots did what they were suppose to do, which is satisfying, now you need to code this in specific languages remember if you are trading forex with those formulas make sure you code it with mql5 if you do metatrader make sure to take your time to learn that language and develop the profitable bot 3) ONCE I CODED MY BOT HOW DO I KNOW IT'S SAFE TO TRADE WITH IT AND GET LOTS OF MONEY FROM IT ON THE MARKET There are lots of answers to that, but one of the things that is really important to clarify is that based on my experience trading with multiple hedge funds, having met a lot of colleagues that studied at the most important universities and harvard we all have many points in common and one of them is that first your robot needs to contain something that in mathematics is called the "fair game" example someone dares you to bet all the money you got in your pocket which let's say is 500 USD and if the 6 dices are 6 then that person will give you 5000USD meaning that you'll get 10 times your money returned however if we turned that out into mathematical terms that wouldn't be considered as a fair game cause 5000USD * (1/46656)= .1071... meaning that in terms of mathematics that'll be not fair, now mathematically he needs to offer you at least more than 1 so you can take the bet meaning that if he offers you 46657USD to play the game then that value will be a great one so you can take the chance to risk your 500USD, now that in terms of math will be (46657)(1/46656) = 1.000021433 which is fair because is more than one but come on is just one more dollar fair translated to words so just for you to take in mind that one at the time you implement that on your robots and take the decisition of what would be a fair game for you, now second is that the drawback doesn't need to go back more than 25% that's another keypoint and third is that make sure every operation on your robot has some good odds let's say imagine you are dared to play a game in which is heads or tails then the heads' side has more weight then making heads to be 70% probability to fall that side then you win 1 USD if it's heads every time or 1 USD if it is tails? which one would you take... make the math again and that would be 1USD * .70 - 1USD* .30= .40 cents of profit which if you ask me i'll be betting for that without thinking it twice and as much as that pattern shows in the chart just to give you an idea so you can start catching all the concepts that need to be put in practice once you start coding your robots 4) BASED ON MY EXPERIENCE BECOME AN ALGO TRADER Just like i have shared above my experience with you i encourage you to be an algorithmic trader since it's based on probabilities i've been one of those few mathematicians and programmers who have beaten the futures' market, the forex market and the stocks market i encourage you to study a lot focusing your time on something that is going to become real and get some profits on the future, by the way i have those bots currently running on two brokers which both are ECN brokers (don't do market makers they're scammers which is one point i talk with you in the future but for now take all this information and digest it since it's been a lot i can talk about markets all day but i'll leave it for another topic) i use tradersway https://www.tradersway.com/?ib=1348769 and icmarkets https://www.icmarkets.com/?camp=15222 now the reason i use two brokers is because one allows me to withdraw in bitcoin and the other one allows me to withdraw in dollars it's important to diversify in case anything happens but that's another thing you understand if you're like me a simple expat that travels from place to place hehe. 5. I WISH YOU ALL THE LUCK , AND KEEP TRACK OF MORE OF MY FUTURE POSTS SINCE I'LL SHARE SOME MORE MATHEMATICAL TIPS For now i just wish you all the luck remember to study Black Scholes Formula as well as the Baum-Welch algorithm the markets' brownian motion and if you can read something about the famous economist Mr Edward Thorp that will be the first points that will help you to develop your path to financial freedom wish you all the luck and remember study all what i just said and i'll keep posting in the future :)

Forex RobotsMetaTrader 4

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Forex Trading is Regulated from India?

I have So many times doubt about this topics is it Regulated or Non Regulated from india?

Forex SignalsMetaTrader 4

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I am new to Forex trading. While I live in US, can my broker be in Hong Kong or SG? And use MT4?

I am new to Forex trading. While I live in US, can my broker be in Hong Kong or SG? And use MT4?

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Who is the best forex broker in SG?

Would like to know if anyone can advise which is the best broker in SG, considering if one wants to trade in forex, commodities, futures, in... MoreWould like to know if anyone can advise which is the best broker in SG, considering if one wants to trade in forex, commodities, futures, indices, etc? Please advise.

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Future of Gold in 2020?

In the first week of 2020, we have seen much increment in gold prices and do you think it would increase more? Do you think I should conside... MoreIn the first week of 2020, we have seen much increment in gold prices and do you think it would increase more? Do you think I should consider buying more gold? Would it be a good investment? Or if the prices are going to decrease this year then should I sell gold here because according to technology experts, cryptocurrency is going to take over the world and gold wouldn't be a precious metal anymore. Waiting for your suggestions.

Beginner

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Who worked with the Terminal?

Who worked with the Terminal ( https://stocksharp.com/products/terminal ) program? Please tell me how much different from MT4? Thank you in ... MoreWho worked with the Terminal ( https://stocksharp.com/products/terminal ) program? Please tell me how much different from MT4? Thank you in advance.

Forex Signals

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Which broker has KWD as base currency?

Meaning I want brokers that have accounts that can be funded in KWD instead of USD, ZAR, GBP or EURO.

Account Funding

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What's the latest promotion for Forex beginners?

I am a Forex beginner, is there any ways to start my Forex career with the lowest risk?

Beginner

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Can I trade Forex from India?

Let me know if deposit and withdrawal process is difficult for Indian customers.

Account FundingBeginner

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I'm still pretty much a rookie... What's up with US Tech stocks?

Buy or sell... What to do?rnrnAnd also some Info on Brent crude oil

Beginner

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Can I trade from the Philippines?

Are you Philippines traders?

Beginner

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Can I fund my FxPro account with Nigerian Naira?

I had a real account with fxPro since about 11 years ago. Can I fund the account with Nigerian Naira? My account ID is XXXXX. Thanks.

Account FundingFxPro

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What does an NCT:Deposit mean? What form of deposit is this?

How do you do it? Its shows on the balance NCT deposit by the balance and with the amount written by it.

Account Funding

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