Fuzzy Hammer Candlestick Pattern MQL5 Indicator

Candlestick patterns are imprecise and vague. So are most of the indicators like MACD, RSI and Stochastic that give a lot of false signals. Moving averages are of no help as they always lag behind price action. What to do then? This is the dilemma that faces every trader how to find the buy/sell signal…

Continue Reading →

Trend Profiteer Trade Management Software

Michael Nurok has been successfully running his Traders Elite signals service for the last few years. Now he has developed a software Trend Profiteer based on his trading strategies. In the next few days he will start the prelaunch of his Trend Profiteer Premium Trade Management Software. You should not miss taking a look at…

Continue Reading →

GBPCAD Buy Trade 30 Pips SL And 1000 Pips TP

GBPCAD is a pair that often gets little attention by currency traders. If you have been reading my Day Trader Blog then you must be aware that I look for trades that catch the big moves in the market with a small stop loss. I use H4 chart for entry and exit while I look…

Continue Reading →

Can We Predict GBPUSD Flash Crash With GRU & LSTM Model?

In this post we are going to construct first a Gated Recurrent Unit (GRU) neural network using Python. Then we will construct a Long Short Term Memory (LSTM) neural network and try to make predictions. We will use GBPUSD daily data. The last observation is the GBPUSD Flash Crash in which GBPUSD fell more than…

Continue Reading →

How To Download Intraday Stock Data From Google Finance?

In this post we discuss how we are going to download intraday High Frequency Trading data using Python. Python is a powerful scripting language. Python is now extensively being used by the big banks, hedge funds and other big institutions for machine learning, artificial intelligence, statistical analysis and algorithmic trading. Did you check our Million…

Continue Reading →

EURUSD Showing A Long Legged Doji On Weekly Chart

Long Legged Doji is an important candlestick pattern. In our experience when we found a long legged doji on any timeframe there was a trend reversal and big move. Did you read the post on how to make 1000 pips in a month with a small 20 pips stop loss? Candlestick patterns are important trend…

Continue Reading →

Hidden Scalping Code Indicator For M1 And M5 Timeframes

Scalping is tedious, tiring and difficult. The chances of you losing often is there with scalping. The only advantage is that you can make 40-50 pips in 30-60 minutes. We don’t believe in scalping. But if you still want to be a scalper you can take a look at this Hidden Scalping Code indicator that…

Continue Reading →

Can We Use MARS Multivariate Adaptive Regression Splines In Day Trading?

In a previous post, we talked about how to use neural networks in predicting the weekly candles. We used an Elman Recurrent Neural Network. The problem that we encountered was with the neural network getting stuck up with a local minima. R took 20 minutes to do the calculations.  20 minutes is a pretty long…

Continue Reading →

$9500 Simple Price Action Trade 16 Minute Video

Price action is the best indicator. Pro traders love to trade only price action. Yes only price action. What this means is they don’t use any other indicator like the Stochastic or MACD.  Most of these indicators are based on moving averages. Moving averages just average the past price over a time period. For example…

Continue Reading →

A Day In The Life Of A Professional Currency Trader Documentary

Currency trading is a business. It is not a place for amateurs. If you are new to currency trading, you should watch the video below that shows a documentary on how a professional currency trading Andrew Barnett starts the day. In this documentary, Andrew Barnett shows how he make the trades during the day. As…

Continue Reading →

Page 1 of 6