Review: There was some unexpected momentum; it could not go to 1678, and the highest was 1670. but the pattern was correct. This is trading; when you see the higher high fail to form, you need to change your mind as soon as possible. Finally, Up first and down after and It's on the way to lower and lower. We are going to keep this daily analysis in Inrexea Pass. Our affiliate program is going to be done this week. Our Apps will be done DEC.

What is FOMC? There are eight planned meetings each year of the FOMC. During these gatherings, the Committee discusses the state of the economy and the financial markets, settles on the stance of monetary policy, and evaluates the threats to its long-term objectives of price stability and sustained economic development. Simple explanation: FOMC decides on the interest rate of the USD. How to trade during FOMC on Gold? The price of gold and interest rates are linked. Gold and interest rates usually go together severely. Gold prices typically go up when interest rates go down and down when they go up. This is not always the case, though. This is because interest rates increase when stocks, government bonds, and other investments become more appealing to investors. Lower interest rates make these other assets less attractive, which leads investors to put their money into gold, which drives up demand and the price. Because of this, gold is seen as a way to save money when money is tight. What happens when the rates of interest go up? As economic confidence grows, consumers and businesses that have more money to spend tend to borrow more. When this happens, the interest rates tend to go up. When borrowing costs go up, central banks and other financial institutions can expect to get more money back from their loans. When things are going well, people are less likely to want to invest in a haven. Interest rates also help the domestic currency, so the short-term gold price should decrease. Increasing inflation can also be stopped by raising interest rates. If prices are going up quickly, central banks raise interest rates to get people to save money and spend less. This should stop inflation from getting out of hand. When rates go down, what happens? Rates go down or stay at the base rate of 0% when people lose faith in the economy and growth stops. During an economic slowdown, things like living costs, wage growth, and employment tend to go down, and the country's currency loses value. During these times, investors look to gold as a "haven" to protect their money, and the gold price will go up because of trades in gold futures. Since gold doesn't produce an annual yield, a low-interest rate means other investments don't. This makes gold even more attractive. Does the Fed rate increase affect gold? Interest rates are different in every country, and those differences affect their economies and the price of gold there. Rates in the US have a more significant effect than in most other places, and since most gold is traded in US Dollars, its rates significantly impact the price of gold. So, when the US Federal Reserve, also known as the Fed, raises interest rates, it can significantly impact the price of gold. When prices go up, gold tends to go down, while prices stay high when prices go down. The momentum during FOMC and good brokers is a must: Same as the Non-farm Play Role: What is the best broker ever for FOMC / NFPR / CPI? What is the Fed rate now? updated at: https://www.bankrate.com/rates/interest-rates/federal-funds-rate/

Inrexea Pass members please read the post in the "Group" section via the website or apps. >> Here My last analysis seems correct, there was a support level of 1640 something. And there will be an FOMC announcement for today. We have to take care of the risk. . . . . Join Inrexea Pass for the full article. If you don't have ICMarkets , I suggest that you have one.

In real life, many trading strategies based on things in the market don't work (or no longer work). This could be because they were taken away by arbitrage. At least as likely, though, it was a false discovery from the beginning. Recently I have been asked the most question: Why did my signal get an excellent record in the past year during the war in 2021-2022, but in the backtesting, all of my products should have been completely lost? The answer is simple: Do you know when you will wake up precisely every day next year? The answer is always: No one could and no one can. I also pointed out a few ways the backtesting tool was unreliable in 2017( Why I don't believe in Backtesting 2017 wrote ). Let's stay on the same topic and talk more about our experiences. Before that, let's talk about why most traders had been educated to believe in backtesting results. What is the best broker to run EA and manual trades? I have got many questions about backtesting recently: How traders have been educated to believe in backtesting results? Most new traders are attracted by a beautiful profit curve result from backtesting at the beginning, even I did so from a youtube video from 500USD to 130000USD. That's why I have been working for the past eight years. However, I lost much in the first year because of those beautiful profit curve backtesting results. When I kept learning to code, I understood more about the structure of the whole eco-systems, and I stopped tracing a beautiful backtest result to promote my products. At the beginning of this article, no one knew what would happen. Although I am one of the sellers on MQL, I understand how those sellers intend to promote their products. The only way to promote their product is by a backtesting result with a low-drawdown and high-profit return curve. That usually would be a nightmare for their clients. Face the fact: No one knows if the product works or not in the future. Either backtesting or forward testing. Do not be mis-edutcated. All is about trading structure: Even if two accounts run simultaneously in the same trading environment (same funds, same server, same time start, same computer) running for a long time will have different results. I tried this five years ago. So how can we judge that we can have the same results in the future based on a single backtest record? Furthermore, if all users simultaneously have orders and prices in the same direction, will this be a good or bad thing? It must be a big fish. I'm sure a good author could have insight into the answer to this question and deal with this significant issue. The following will discuss why the backtest results cannot be trusted. I believe that many developers will not pay attention to the details. If all users simultaneously have orders and prices in the same direction, will this be a good or bad thing? What factors might affect the different results from backtesting and live? The answer is Cycle. A video to explain a little bit about cycle and drawdown. (start from 07:12 to 09:00 ) Market depth: As I mentioned in my 2020 article. Market depth is always an inseparable part of the transaction, and the start and end of each transaction must involve > Sequence. For example, if a person has only one mouth, he cannot eat ten apples at once. No matter how fast he eats, he can only take one bite at a time. This is the meaning of market depth. When many buyers or sellers buy and sell simultaneously, their final transaction prices will not be the same. This situation is named Slippage. Some factors that cannot be easily observed, such as network delays, broker's server disconnection, etc., are also severe problems, resulting in different rhythms of the entire cycle. Some traders think the delay problem can be solved using a VPS closer to the broker's server. This is a big miseducation because the broker's internal server's quality is a critical factor affecting order execution. It means that you say a word in front of me, but my brain may not react immediately, so my distance from you is not very important. The situation is the same as the distance between the VPS and the dealer. This is called Latency. The above examples are only part of it. The full article will be posted in the Inrexea Pass member area. Conclusion: The above factors: Sequence, Slippage, and Latency, will exist in the trading environment of Live trading, then even the real account cannot be synchronized, so the backtest record is even more unrealistic.

80% from database analysis, 20% use brokers' data, always do not rely on brokers' data all the time.This is one of the concept to create our database products. What is the best broker to run I am blue? Concept of I am Blue EA: I am Blue EA is a fully auto EA; no parameters need to be set; the trading strategy is simple, and it is a martingale strategy; however, when/why/how is the most important part we are concerned with when creating the I am Blue. In the past years, we faced different brokers with different prices OHLC, which makes the same strategy do different positions or mislead the robot itself. I am Blue is created to solve this trap, so we only believe in live results, and all brokers work with I am Blue EA. Why do several brokers obtain different results? It fits the norm. If broker A persuaded more buyers on EURUSD, but broker B has more sellers, broker A would have a higher ask price. Then it will alter the logic that stops all users from opening the same pair independently. The question is whether or not to be a fish. Main features : No Parameter to be set; we do not suggest any .set file, just as we do not judge an EA with backtest result Users only set up adding URLs into Web requests on MT4 and put EA on the chart. Fully dynamic on controlling risk to every different capital user Fully dynamic Takeprofit level, Steps control Suitable for all prefix and suffix symbols Can manage any capital of more than 1K USD Account currency calculated into Auto lot size: JPY; GBP; CAD; AUD; HKD; EUR; SGD The best pair to trade is: XAUUSD/GOLD Not one chart setup users need to put on all signal pairs (We have reason to do with signal way) 1:500 Leverage M5 Special features : Obtain the trend of pairs from the database. (Do not rely solely on info from brokers) News filtration Invisible Dynamic Trailing TP All pairings maintain communication to determine the actual trend. To capitalise on a genuine trend and breakthrough via scalping. Auto period detector for controlling a Scalping Special Spread and Slippage Monitor system as well as Hopping Spread protection systems (Upgraded new function) No parameters to configure, and it is straightforward to operate. Next dynamic grid level with order maximums Live Monitoring: The record has been trading for seven months. Profit Trades: 86 (67.71%) Loss Trades: 41 (32.28%) Profit Factor: 6.18 Expected Payoff: 6.98 USD To use all our products with one Inrexea pass : >> What is the best broker to run I am blue? DISCLAIMER: Never forget that past performance is no guarantee for the future. Please run on Demo before going to live. Always start from lower risk and learn how to control a robot.

80% from database analysis, 20% use brokers' data, always do not rely on brokers' data all the time.This is one of the concept to create our database products. Concept of Sup 9 Grid EA: S9G is an innovative, fully automatic forex trading program that incorporates the latest advancements in Machine Learning and dynamic grid strategy. It operates on 28 forex pairs, analyzing trends and broker quotes to make informed decisions about future price movements. To maximize the system's efficiency, users must input the correct settings, which will be continuously updated with the most current information. S9G processes and analyzes extensive historical data using machine learning technology, quickly and efficiently identifying market patterns. Its low-risk approach is achieved through a dynamic grid strategy, ensuring optimal trading opportunities while minimizing potential losses. With over 84 weeks of consistent performance records, S9G has proven itself as a reliable tool in the forex trading market. It also leverages advanced AI models, such as GPT-4, to analyze unstructured data like news, sentiments, and language, further enhancing its predictive capabilities. The system has the ability to execute trades on behalf of the user, automatically making trades based on its analysis and predictions. Instruction: For instructions on how to use S9G and the installation process, please get in touch with us. Our Commitment to S9G Users: We firmly believe in the concept of quality over quantity when it comes to forex trading products. Market saturation due to too many users employing the same strategy can lead to reduced performance and accuracy. To maintain the effectiveness of S9G, we reserve the right to cease selling new licenses at any time. This ensures that the product remains efficient and beneficial for traders, even as the number of users grows. By prioritizing quality over quantity, we guarantee that S9G continues to be a reliable and powerful tool for traders as the market evolves and changes. Why do several brokers obtain different results? It fits the norm. If broker A persuaded more buyers on EURUSD, but broker B has more sellers, broker A would have a higher ask price. Then it will alter the logic that stops all users from opening the same pair independently. The question is whether or not to be a fish. Main features : No Parameter to be set; we do not suggest any .set file, just as we do not judge an EA with backtest result Users only set up adding URLs into Web requests on MT4 and put EA on the chart. Fully dynamic on controlling risk to every different capital user Fully dynamic Takeprofit level, Steps control Suitable for all prefix and suffix symbols Can manage any capital of more than 1K USD Account currency calculated into Auto lot size: JPY; GBP; CAD; AUD; HKD; EUR; SGD The best pair on the main pairs related to USD; GBP; EUR; AUD; CAD; JPY; CHF; NZD AUDCAD,AUDCHF,AUDJPY,AUDNZD,AUDUSD,EURAUD,EURCAD,EURCHF,EURGBP,EURJPY,EURNZD,EURUSD,GBPAUD,GBPCAD,GBPCHF,GBPJPY,GBPNZD,GBPUSD,NZDUSD,NZDJPY,NZDCAD,NZDCHF,USDJPY,USDCAD,USDCHF,CADCHF,CADJPY,CHFJPY; Not one chart setup users need to put on all signal pairs (We have reason to do with signal way) 1:500 Leverage M5 Special features : Obtain the trend of pairs from the database. (Do not rely solely on info from brokers) News filtration Invisible Dynamic Trailing TP All pairings maintain communication to determine the actual trend. To capitalise on a genuine trend and breakthrough via scalping. Auto period detector for controlling a Scalping Special Spread and Slippage Monitor system as well as Hopping Spread protection systems (Upgraded new function) No parameters to configure, straightforward to operate. Next dynamic grid level with order maximums Live Monitoring: What is the best broker to run Sup 9 Grid DISCLAIMER: Never forget that past performance is no guarantee for the future. Please run on Demo before going to live. Always start from lower risk and learn how to control a robot.

80% from database analysis, 20% use brokers' data, always do not rely on brokers' data all the time.This is one of the concept to create our database products. Concept of Metaverse EA: Metaverse EA is a fully auto EA; no parameters need to be set; the trading strategy is simple, and it is a martingale strategy; however, when/why/how is the most important part we are concerned with when creating the Metaverse. Meta means beyond the level, just like in the past many years, we faced different brokers with different prices OHLC, it makes the same strategy do different positions or mislead the robot itself. Metaverse is created to solve this trap, so we only believe in live results, and all brokers work with Metaverse EA. Why do several brokers obtain different results? It fits the norm. If broker A persuaded more buyers on EURUSD, but broker B has more sellers, broker A would have a higher ask price. Then it will alter the logic that stops all users from opening the same pair independently. The question is whether or not to be a fish. Main features : No Parameter to be set; we do not suggest any .set file, just as we do not judge an EA with backtest result Users only set up adding URLs into Web requests on MT4 and put EA on the chart. Fully dynamic on controlling risk to every different capital user Fully dynamic Takeprofit level, Steps control Suitable for all prefix and suffix symbols Can manage any capital of more than 1K USD The best pair on GOLD/XAUUSD 1:500 Leverage M5 Special features : Get the trend of pairs from DB ( Not rely on data only from brokers ) News filters Live Monitoring: To use all our products with one Inrexea pass : >> What is the best broker to run Metaverse? DISCLAIMER: Never forget that past performance is no guarantee for the future. Please run on Demo before going to live. Always start from lower risk and learn how to control a robot.

Hello users, I'd want to thank everyone who has consistently supported my analysis here. We have some changes to our service : About Inrexea Memberships Pass: Inrexea Memberships Pass can use all database features and market analysis articles. In the future, we intend to provide a more functional service to all our supporters. etc., as well as a trading school and a coding course. All services are under one membership. In Oct, we will receive payment via Patreon and will update here when Inrexea Website 2.0 is ready. Patreon : In November 2022, I intend to launch the InrexEA Website 2.0 subscription to continue building a complete service and attract a more significant number of organic clients. Furthermore, the Tier $16/month Patreon will be removed on October 1st; all other levels will stay constant. New Patreon subscribers will be limited to the £100 tier. (((Patreon + Discord)) When the InrexEA Website 2.0 is ready, we will move to our website instead of Patreon. What happens if you sign up for a yearly membership on Patreon with a 16-USD tier? No, we will not offer a refund service. Hopefully, our analysis has helped you make a profit in trading to cover your yearly costs. Inrex EA Products : On the other hand, due to the current Blackswan issue, most of the popular signals on MQL are blowing up these days, proving what I previously stated: quantity controls quality. Our records show that the database function has blocked many invalid accesses in the past year. We aim to implement extra copyright protection and ban license sharing for a better experience with all database version products. We may charge for database service in the future; the beta version will be enhanced shortly on the MQL market. TripleH and Yolo will contribute to the database to maintain high-quality performance in NOV. Can I still use the products if I do not pay for the database service? As previously said, the database function protects all items and maintains their excellent quality. The version without the database function will be removed from your trade if you have not paid for the database service. I hope all of you can join our Inrexea Pass, you might get all our excellent services. How much will it be for the database, and what if I have a few database version products? You can use all database features and market analysis articles once you purchase an Inrexea subscription. In the future, we intend to provide more active service to all our supporters. etc., as well as a trading school and a coding course. All-in-one membership. What is Inrexea Pass and how to join? Please check here >>> Inrexea Pass. Please join our Telegram channel for further information. https://t.me/Inrexea or email us: support@inrexea.com Best regards Inrexea Team

New users of the MetaTrader 4 (MT4) platform may feel overwhelmed while attempting to use an EA for the first time. Therefore, you may use this tutorial as a step-by-step guide. What is the best broker in the industry? What kind of tools you should use for your MT4/ MT5 journal? Contents： Click topic to read Website Purchased : How to download EA? Installation for DLL allowed? How to set up our Database function? MQL Market::>>>> How to search products in the MT terminal (MT4/MT5)? How to upgrade EA from the MQL market? How to search brokers and log in to a trading account? How to read posts and join groups from apps? How to download EA? Step 1:After purchased any products here, you are allowed to access the "My URL & Download". Step 2: Put the ex4 or ex5 file in the correct path In MT4 / MT5 , File >> Open Data Folder >> MQL4 or MQL5 >> Experts . Refresh the terminal and then you will see the EA is in the Navigator table. Installation for DLL allowed? Step 1: In the MT4 or MT5 terminal ,Click the Tools > Options > Expert Advisors Allow DLL imports. When you drage the EA on the chart, you can also see the option and make sure DLL is allowed . How to search products in the MT terminal (MT4/MT5)? Step 1: You must log in to your MQL account in MT4/MT5 by "Tools > Options > Community". MT4: MT5: Step 2: Search the EA's name in the top right corner of the MT terminal; Example: Draw a bow. Step 3: click the icon to show the "Terminal"; it shows the result from what you searched and redirects to the product page. Step 4: You can download it or purchase it now. Step 5: Install on the chart by clicking "Navigator" all downloaded ea will show in this section. And drag ea on the chart. What is the best broker in the industry? How to upgrade EA from the MQL market? Step 1:click the icon to show the "Terminal"; At the bottom choose "Market > Purchased". Here you can see all products and upgrade. If you can not see the update button, you may need to re-download the ea again by deleting the existing one. What is the best broker in the industry? How to search brokers and log in to a trading account? File > Open an Account, search server and log in MT4: MT5: How to make your trading to be profitable? How to set up our Database function? Step 1: Allow and add URL as WebRequest by clicking "Tools > Options > Expert Advisors". The URL will be shown in your profile of inrexea.com > My URL and login ID section. Please log in to your account. The URL will be shown in your "My URL and login ID". Step 2: Please type your Unique ID here How to read posts and join groups from apps?

How can you become a member of our affiliate program? >>>>> If you have a youtube channel or You are using our products and take a review video to us How to start? >>>>> Register here >> Register as an affiliate Who can join? >>>>> Once we have checked your youtube channel or videos taken from existing clients, You will allow accessing the affiliate area . Set a redirect link: You will get your affiliate link, it will automatically attach to the user's browser, no matter when they join our service. You will see your commission in your portal. Your clients will always stay under your affiliate. Even after they stopped for a few months and rejoined. Your coupon code will usually be generated a few hours after registration. You can also set up the link you want the user to see at the beginning after clicking it: Payout: Step 1: In the affiliate portal, fill in your payout information for the first time. Step 2: Send us an Email to submit your payout >> support@inrexea.com Step 3: Your payout will usually be sent in 14 working days. To be reminded that here are some rules : >>>>> If an affiliate buys through a referral link/coupon of other affiliates, they will not be given a commission for that sale. >>>>> Minimum affiliate earnings are 100USD for each payout. >>>>> We have the final decision on the approval payout.

25OCT2022 >>> Inrexea Pass members may access all articles via PC or temporary apps. Our apps will be launching at the end of November. I need time to get approved by both the IOS and Google stores. I promise to give daily articles and analyses after the whole ecosystem has been done.

We will be moving to my website next month. And I hope to see you there. On the other hand, gold prices have recently relied on the news of the war, and Putin gave up on levelling up the fight, making the price of gold break down to a lower level. Let's try to analyze it. Chart H1: If there is no more breaking news in the future, the price should keep a downtrend pattern, and it seems to be making the same pattern as the last one, which I will show on the D1 chart. I want to sell when the price reaches the 1655-1660 area, and the target will be 1620 or lower. Which is the best prop firm? Chart D1: The best broker I have been using for 8 years? It seems to be following the same pattern as the last one. We will be observing whether it is going to Make a double bottom at 1620 something area. Recently, I built a telegram channel for global breaking news, which might help our trading. https://t.me/BreakingNewsFX Join our live update daily analysis for your trading.