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Day: February 6, 2018
February 62018
Display Market Profile for Intraday Sessions in MetaTrader
Two years ago, I have added the capability for a Market Profile indicator to work with weekly and monthly trading sessions. One of the members of our Forum suggested adding customizable intraday sessions to Market Profile. Considering the fact that quite a few Forex traders use Market Profile for analysis, I decided to implement the support for the intraday sessions, doing some other code tweaks on the way. Up to four intraday sessions can now be […]
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February 62018
EUR/USD Trades Lower Amid Resurgence in US Dollar Demand
The EUR/USD currency pair today traded lower following a resurgence in US dollar demand during the European and early American sessions. The currency pair rallied higher during the Asian session as investors bought the low-yielding euro after European stocks joined the global equities sell-off. The EUR/USD currency pair lost over 120 points to decline from an intra-day high of 1.2435 to a low of 1.2312 at the time of writing. The main driver behind the currency pair’s […]
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February 62018
AUD Falls After Economic Data & RBA, Moves Away from Day’s Lows
The Australian dollar dropped today following the release of unfavorable macroeconomic reports and continued to move down after the Reserve Bank of Australia made its monetary policy decision. The currency has come off the day’s lows by now, though it is still trading below the opening level. Seasonally adjusted retail sales fell 0.5% in December from November, exceeding the median forecast of a 0.2% drop. The seasonally adjusted trade balance logged […]
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