By De - In your trading plan, you should list a maximum dollar amount you can comfortably lose on any given trading day. Once you hit this level....
How to trade the dollar index with Forex
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China still a net importer of steel in May
China remains a net importer of steel in May, importing 53.46 million tonnes of iron ore, slightly down from April’s record 57 mio tonnes. This markes the 3rd month in a row that imports have exceeded outflows for China, a country that has been a net steel exporter since...
FOREX VIDEO - London Session Review - October 26, 2009
Here we are on the Monday right after the British Pound dove off a steep cliff. In addition, London’s time changed so that London open does not correspond with the normal London open for US traders, that goes back to normal Sunday when US times change as well. After such a massive move, we...
What’s Cooking? FOOD?!
What’s cooking in the Philippine Stock Exchange as of late? Well, Alliance Select Foods, Inc. or FOOD looks to be on a brink of...
How I know my forex forecasting engine works
The key component of my forex trading system is the prediction engine. So far I have been trying to optimize the prediction engine in the overall context of simulated trading on the historical data where besides the parameter responsible for prediction, at least three other parameters were being...
January performance review for Danica-9am algorithmic system
For the first time I am able to discuss performance of a ForexAutomaton system without the "benefit of hindsight" caveat: the results for January have been obtained in real time, hence no hindsight. Executive summary In the absense of a capital allocation and trade-idea disrimination system, the...