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- Birt's - the home of tick data backtesting
- HarmonicsTrader EA - Harmonic Patterns Expert Advisor for MT4
WHEN they happen at the same time, it&rsquo s a &ldquo slam-dunk&rdquo combination and a reason to release a robot that exploits this combination .
Trade Navigator - Trading Platform | Stocks | Options
We managed to find quite a few trading strategies to fit the bill. BUT, never to the point of being able to ignore the unpredictabilities the FX market&rsquo s so famous for.
Birt's - the home of tick data backtesting
As time has moved on, so Asian session tick volume has increased (as you can see from the stats above) to the point where trading USD/CAD during the Asian session has become a VERY profitable proposition!
HarmonicsTrader EA - Harmonic Patterns Expert Advisor for MT4
In this GBP/USD example, you can clearly see the huge importance of the EU session in relation to the Asian trading session.
So calm, so predictable and price patterns so well-defined due to the almost negligible effect of news releases, etc. Again, why in the world would a trader pass over the opportunity of trading it?
Consumer Price Index (YoY) in Germany and USA hit the wires. ALL main USD-related pairs take a hit all day long. EXCEPT USD/CAD!
Either way, the result was generally detrimental due to trades not opening at all, trades being unable to close and then hitting SL as price retreated, or bad fills causing potentially profitable trades to book a loss.
Adding to all this, we discovered that the currency pair also has the LOWEST RISK level of all pairs due to the way it behaves after the Asian session . throughout the EU session.
RoboForex Ltd is an international broker, a member of RoboForex group, regulated by the IFSC, license No. IFSC/65/776/TS/67.
However, they&rsquo re never usually good enough or strong enough to justify taking the next step . developing a whole project around them (this means further research, more data gathering, building EA prototypes, testing on demo and live accounts, etc).