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Automated Forex Trading: The smart technology and efficient ...
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EUR/JPY grinding higher
The EUR is modestly outperforming both the AUD and the GBP so far today which is not so much of a surprise given Asia’s propensity to consolidate overnight moves rather than break new ground. EUR/JPY is up at 138.00 and with the Nikkei looking to close the week above 10,000, risk aversion is...
Optimizing the forex trading system parameters: GBP/USD revisited
After important changes to the trading system optimization methodology, I am revisiting the case of GBP/USD on the day scale. In this study, the extended range of the entry threshold parameter, same as in the previous EUR/USD and USD/JPY studies, is used. The extended, more conservative threshold...
EUR/USD extends losses as S&P;downgrades Republic of Ireland
EUR/USD is down at 1.3815, seeing accelerated losses in the wake of the news that S&P rating agency have moved to lower Ireland’s long-term sovereign credit rating to AA from +AA, outlook negative. S&P said “We have lowered the long-term rating on Ireland because we believe that...
My favorite indicator of inflation and it’s not gold!
By Adam Hewison - There is an indicator which has been around since 1957. It has accurately forecasted every inflationary and deflationary...
Lockhart sees second-half recovery; Fed will meet inflation objective no matter the environment
Atlanta Fed President Lockhart, a relative hawk, frets that some of the bond rate back up in recent weeks is tied to the fear that the Fed will monetize the debt. He warns that fiscal imbalances will make the Fed’s pursuit of stable growth and prices more difficult. US equities are firmer and...