RanaKhalid's Blog

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RanaKhalid has taken 12th place in Strategy Contest Sep 2024

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RanaKhalid has taken 5th place in Strategy Contest Aug 2024

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RanaKhalid has taken 6th place in Strategy Contest Jun 2024

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RanaKhalid has taken 7th place in Strategy Contest Jun 2024

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RanaKhalid has published strategy MgfxMartingale

Martingale based strategy, Works on a all timeframes but better for
15Min, EUR/USD, GBP/USD pair. Trading logic - if 15M candle closes
bearish - the strategy opens the short position, if the 15M candle
closes bullish - the strategy opens long position. Take-profit 25
pips, stop- loss 20 pips.
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RanaKhalid has taken 3rd place in Binary Contest May 2018

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FOMC Member Powell Speech

Jerome H. Powell took office as FOMC member on May 25, 2012, to fill an unexpired term ending January 31, 2014. His comments may affect dollar, an therefore trigger a short term movement positive or negative trend.
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;
Usual Effect 'Actual' greater than 'Forecast' is good for currency
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USD ISM Manufacturing PMI

Measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.
Frequency Released monthly, on the first business day after the month ends;Why Traders
Care It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;
Derived Via Survey of about 400 purchasing managers which asks respondents to rate the re…
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GBP Manufacturing Production m/m

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GBP Manufacturing PMI

Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry;
Usual Effect: Actual > Forecast = Good for currency;
Why Traders: Care It's a leading indicator of economic health - businesses react quickly to market conditions, and their
purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;
Derived Via: Survey of about 600 purchasing managers which asks respondents to rate the relative level of …
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