Gold is regarded by pundits, financial advisors and mainstream commentators as a commodity, and evaluated as such. However, in the humble opinion of Yours Truly, Gold is an asset with intrinsic value, constant marginal utility and no counterparty risk, making it money and not a commodity. And this begs the question, how should we value and trade Gold if we consider it to be a currency?
Continue reading Six different approaches to measure the price of Gold
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One of the most difficult problems we traders face is choosing what symbols to trade at any given time, because not all symbols offer the same probability of price movement measured against their intrinsic volatility. As traders, our available funds and free margin are limited, which means that we need to allocate them properly if we are to thrive.
Continue reading How to find forex pairs likely to make strong reversals
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The Harmonacci Patterns Indicator displays suitable stop-loss and take-profit levels for each pattern, and these levels can and should also be used to discard exhausted price patterns upon breakout.
Continue reading How to filter out unprofitable Harmonacci Patterns
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This is the official blog of PZ Trading and in it you’ll find interesting information about trading, economy and markets, trading ideas and technical information about my Metatrader Indicators and EAs, as well as useful user guides pertaining the usage of Metatrader.
There are available user guides for these products:
Frequently Asked Questions
Stop Reverse EA is a Metatrader Expert Advisor that provides an aggressive framework for your trading activity. It provides proper risk calculations and a martingale trade recovery strategy which consists on taking alternative trades in opposite directions until the initial trade is recovered and a profit is realized.
Continue reading User guide – Stop and Reverse EA
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Hedging EA is a Metatrader Expert Advisor that provides a correct framework for your trading activity. It provides proper risk calculations and a very smart position management strategy that will manage your trades automatically and recover your trading losses.
Continue reading User Guide – Hedging EA
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Averaging EA is a Metatrader Expert Advisor that provides a suitable framework for your trading activity and recovers trades using averaging. It provides proper risk calculations and a very smart position management strategy that will manage your trades automatically and recover your trading losses.
Continue reading User Guide – Averaging EA
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Grid trading is an efficient mechanical trading strategy which has no reliance on direction, profits from volatility and uses the intrinsic wavy nature of the market. It uses fixed price levels to enter and exit trades in one or both directions. Such trades, generally spaced at 20-200 pip intervals, create a trading grid.
Continue reading User Guide – Grid Trading EA
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