Remember it's year-over-year so base effects matter a lot. Month-over-month is a much better measure.

Cable Update (GBPUSD)

I don't code using MQL, but the glaring problem I see is you're trying to store a date as an int data type.

Need Help from Coders: Get Shift of Last Day of Current Month

No, it's all about interest rates. Gold will have a very hard time going up when bond yields are rising. image Bonds are also a safe haven (provided the U.S. doesn't default) so when yields rise, bonds are more appealing on a relative basis.

Gold

Simply put, I'd say fairly priced is an area where you don't see an opportunity to buy or sell. I wouldn't look at it from a valuation perspective or anything of that nature as historically valuation models have performed poorly. Is there any real ...

Let's Trade Options

Rates are still holding gold down... image We need a definitive move in rates to give gold some direction. Given the Fed is done for now, gold could be range bound for awhile.

Gold

What formula are they using for the relative strength indicator? I might have to recreate it in Python.

Gold

Interest rates need to come down for Gold to continue to rally. image

Gold

Reading between the lines, it sounds like you think SPX IV is fairly priced now?

Let's Trade Options

Really? I was under the impression they got rid of the minimum balance. When I joined originally it was only something like $25,000.

Best Broker?

I'd be very cautious trading in agricultural futures. I know a big corn trader, and trust me, the traders in Kansas, Iowa, Nebraska, etc. have very good first hand information the general public won't have. I wouldn't want to participate in this ...

Corn futures

Position size should be a function of the risk you're willing to take... Trading is difficult, even for seasoned veterans. The ones who survive in this business are the ones that prioritize risk management before everything else.

EUR/CAD took my account

Thank you all for the warm welcome, I'm honored to be a part of your community!

Price Action Trading (PAT) - Amplifying Market Insights

Interactive Brokers has been my favorite by far and I've tried quite a few. Most dedicated forex brokers are very scammy.

Best Broker?

It's a great environment for options selling! Since you asked, here's every case where there's been a 6 week range this small or less in the past 20 years. I also included forward returns, many of which resolved to the downside! image

Let's Trade Options

What traders should watch out for is a ratings downgrade. If that happens, you can count on higher bond yields and a strong risk-off environment.

EURUSD only

Hi, I'm ForexStats and I'm a professional quant. I will be sharing some of my quantitative forex insights on here going forward. USD/ZAR is up more than 3% today. Here's how it has performed in the past when it was up this much or more in a single ...

Price Action Trading (PAT) - Amplifying Market Insights