Explaining the output of Heidi trading system

Source: forexautomaton.com

This document explains typical output of Heidi -- an experimental free (payless but closed-source) ForexAutomaton hour-scale forex forecasting system or predictive model.


Read more...

  • Dollar continues to weaken across the board

    The Dollar is continuing to weaken across the board as markets dismiss the idea of early US rate hikes and get back to doing what they like best which is sell Dollars. Eur/Usd has moved past offers at 1.4070 with ease and is now closing in on 1.4100. Cable is in the same boat with the move above...

  • Update on my LMT Forex Formula trade

    Greetings fellow traders. A few days back I made a post (over here) announcing with joy that the LMT forex formula system has finally signaled an entry. The entry was a buy EUR/USD at 1.3873 on the H4 chart. Well, I’m glad to report that my position has hit take profit for a total of 251...

  • EURJPY tops out above 137.60

    Not much interest in EURJPY today with sellers sighted between 137.60 - 137.80 and buyers lining up at 137.00. Intraday technical traders are looking at the 100 hr MA which comes in at 137.15 to contain the downside. EURUSD is trading in tandem with the up move from earlier this morning mirroring...

  • China May Industrial Output +8.9%, Retail Sales on year +15.2%

    As Leaked to the press the other day, China’s May Industrial Output came in at +8.9%. Forecast was +7.5%. The data provides further confirmation that the governments spending and partial recovery in exports are proving supportive for manufacturers. Retail Sales +15.2% yr/yr. Market...

  • Nikkei flat, Kospi slightly lower on the open

    The Nikkei is sitting just below 10,000 and the Kospi has opened down...