Legacy Trade Indicator Here are specific trading tools referred to as "Legacy Trade Indicators." Here's an overview of some notable ones: Legacy Indicator Features: Hybrid trend indicator combining signals from basic indicators with a proprietary...
I observe that the four-hour time interval reveals the instrument is being squeezed in the northern direction, forming an ascending cone pattern. I believe this chart structure often signals consolidation and a narrow accumulation phase within a...
The recent trading week for USDJPY ended rather uneventfully, as was widely expected due to the holiday season. The overall market mood remains quite bearish, indicating a tendency for the currency pair to stay on the downside, at least in the near...
EUR/USD The EUR/USD currency pair is one of the most traded and significant pairs in the forex market. It represents the exchange rate between the Euro (EUR) and the United States Dollar (USD). When traders buy EUR/USD, they are essentially...
GBP/USD The rise in the US dollar reflects growing concerns about a potential recession, and with recession fears rising, it is an odd combination of low growth and high economic growth. The US dollar’s volatility is helping its rivals to gain...
