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(08 NOVEMBER 2017)DAILY MARKET BRIEF 2:China in focus on a slow news day

November 8, 2017 MQL5: Traders' Blogs 0

Perhaps the timing might be questionable but China trade surplus with the US dropped to $26.2 in Oct from $28.08. Interestingly US president trump will be traveling to Beijing today to meet Xi Jinping. Overall while exports dragged increasing 6.9% y/y …

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(08 NOVEMBER 2017)DAILY MARKET BRIEF 1:NZD: RBNZ to keep OCR unchanged

November 8, 2017 MQL5: Traders' Blogs 0

Since the beginning of the week, G10 currencies were range bound. The lack of major news, both on the political and monetary policy sides, has caused a collapsed of volatility levels. The CVIX (Currency Volatility Index) eased to 6.87%, the lowest leve…

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EURGBP: Weakens On Price Follow Through

November 6, 2017 MQL5: Traders' Blogs 0

EURGBP- The cross saw a follow through lower on Monday. This is coming on the of its Friday weakness. Support lies at the 0.8800 Level where a violation will turn focus to the 0.8750 level. A break will expose the 0.8700 level. Its daily RSI is bearish…

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Scalping Strategy

November 6, 2017 MQL5: Traders' Blogs 0

This strategy is based on Parabolic Sar and Commodities Channel Index indicators. That’s an impulse scalping strategy founded on the current price trend.
Tools: EURUSD, AUDUSD, GBPUSD.
?ime-frames: M1, M5.
Indicators:
EMA50  on M1 time-frame

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