Cannot directly set TP and SL on tradingview when in open position. Really hassle to handle and missed a lot of opportunities due to not so user friendly interfaces.
Phillip Nova responded to my initial feedback and clarified on issues regarding concurrent login & currency change limitation that is outside their control at the moment. Daily auto logout & trading history being deleted issue is unresolved
Dear fakeoutrader, the idle auto logout is a security feature that helps to prevent unauthorised logins. For quicker access, you may consider autosaving your passwords. Currently, customers can view their daily statements to view their trade history. We have noted your feedback on the trading history and will forward it to our development team for their information. Thank you once again for your valuable feedback.
The EURUSD has been consolidating in a diamond formation since a week ago after bouncing off the April bottom around 1.0602. Diamond pattern, when identified after an uptrend, suggests that prices tend to reverse to the downside. Since 8 March, the EURUSD has been on a broader downtrend and the rally since mid April could be a pullback within the broader...
On weekly chart, the USDJPY continues soaring after a bullish breakout from a long term ascending triangle formed since 2022. The bullish breakout occurred on 10th of April when the pair decisively pierced above the 152 resistance zone, and the breakout with an upside target of 176 (measured by triangles height) remains valid as the subsequent weeks continued...
From a technical standpoint, prices have consolidated into a bull flag consolidation pattern since 14 March, breaking out of the flag resistance (orange trend channel) yesterday, albeit with normal volume. This localised breakout coupled with the breakout of the long-term parabolic bowl accumulation pattern at 4,150, a pattern forming since July 2023, signalled a...
Gold surged above $2286 per ounce, marking yet another milestone in its remarkable ascent. This surge has persisted for two consecutive trading days, underscoring the enduring strength of the precious metal.
The driving force behind this meteoric rise is the mounting anticipation of an imminent interest rate cut by the US Federal Reserve in June. Such a move is...
Our View:
The SGX FTSE Taiwan Index Futures contract has been making new all-time highs, powered by the AI frenzy.
A key characteristic of the underlying index is its tech-heavy composition , where technology (61.36%) is by far the largest sector.
This is well above the S&P 500’s technology weightage of 29.83%.
Top holdings in the index include foundry giant...
From a long-term perspective, Oil, in this case, we use the Brent Last Day Financial by NYMEX CME, overall is trending downward!
It would be tempting to initiate a “sell on rise strategy” especially when a long term trend line (in blue) is challenged. The trend line majors the historical highs of Brent (BZ) as well as Crude (CL) since the second all-time-high...