The movement of USDJPY toward the support line of a Rising Wedge is yet another test of the line it has reached numerous times in the past. This test of the line could occur within the next 2 days, but it is uncertain whether it will result in a breakout through this line or simply […]
NAS100 is heading toward the resistance line of a Ascending Triangle pattern and could reach it within the next 2 days. It has tested this line numerous times before, and this time may be no different, ending in a rebound instead of a breakout. If a breakout doesn’t occur, we could see a retracement back […]
NGC/USD has broken through the support line of a Triangle pattern and suggests a possible move to 3.2426 within the next 6 hours. It has tested this line before, so it is prudent to wait for confirmation of the breakout before taking action. If the breakout is not confirmed, we could see a retracement back […]
ETHUSD is heading toward the resistance line in a Ascending Triangle pattern. If this move continues, the price of ETHUSD could test 2083.3222 within the next 15 hours. It has tested this line many times before, so the move could be short-lived and may rebound as it has before.
XAGUSD is heading toward the support line of a Channel Down pattern and could reach it within the next 6 hours. It has tested this line numerous times before, and this time may be no different, ending in a rebound instead of a breakout. If a breakout doesn’t occur, we could see a retracement back […]
It would be prudent to confirm the breakout that just occurred. Do you consider the move through support significant? Do you have indicators confirming that the price momentum will continue? If so, aim for a target of 53.6635, but consider reducing your position size as the price approaches that target.
By Ilan Azbel, with the help of Jingwei Li.I have encountered a number of stock, currency and futures broker websites
llan Azbel, CEO and Founder of Autochartist, has over 20 years experience in technology, 15 years in the financial markets and an academic background in mathematics, computer-science and engineering. Hi Ilan, thank you for joining us today. With Amazon, Tesla and Apple blowing-up the media daily, everybody would love the opportunity to purchase Stocks and I […]
Developing a proprietary trading platform can be an expensive and exhausting investment. However, we are seeing that brokers who choose this path are reaping the rewards. As the industry matures, so do the technological service providers. As a result, we see an upward trend in brokers building their own platforms or starting the process of […]
Ilan Azbel, CEO and Founder of Autochartist, has over 20 years of experience in technology, 15 years in the financial markets and an academic background in mathematics, computer science and engineering. Hi Ilan, thank you for joining us today. It has been over a year now since you officially launched your ‘Automated Social Media’ product. […]
There has been a lot written about the recent massive influx of retail traders in the financial markets. However, what hasn’t been discussed is the rise in the number of brokers operating in the space. This has created an intensely competitive and noisy space, where standing out in the crowd can be a herculean task. […]
By Hein van Eeden, Senior Dev @ Autochartist.com.In the beginning of 2010’s Autochartist decided to integrate our Technical Analysis Chart Patterns into MetaTrader 4 (and a little later into MetaTrader 5). This was in the form of indicators, one for each product Autochartist was offering at the time, using DLLs to communicate with our services […]
By Tamryn Hayne, Before migrating to Salesforce, we worked with various record keeping applications that just didn’t cut it for us. When you have many clients to store information for and in order to keep up with your business development productivity targets, you need to have a CRM that will do exactly what you need […]