By eToro – Strong data in Asia, especially China and India lead investors back into riskier assets pushing the Euro above 1.28. The rally is...
Forex Daily Market Review Sep 02, 2010
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Graphical analysis of trading system's simulated track record. Step Two algorithm, GBP/USD.
This GBP/USD back-testing analysis continues the series which began with EUR/USD. Simulated track records of six best Step Two algorithmic traders are studied graphically. For a more numbers-oriented approach to performance, see the article explaining the trading system optimization process which...
IMF bonds: Less than meets the eye
The latest hysteria to hit the FX market is the fear that emerging powers like China, Russia and Brazil will pull funds out of US reserves and pump them into newly issued IMF debt. There are a couple of problems with this notion. For one, the bonds are not meant to be marketable. This will be a buy...
Watch 1.6000 barriers as reversal takes hold
The greenback is screaming higher after the Lockhart comments. If markets get disorderly, watch for the barriers at 1.6000 in cable to come under...
June 15, 2009
Hello all, More profit taking on our open orders expected this week. We also have a few new trades coming as the pullback has begun. Too soon to know if it is too soon to enter or now, we can only follow what works - our trading plan. 4 Hour: Current Drop In Criteria: EUR/USD buy EUR/JPY...
I’m reducing my long USD/CHF position
I have been in the money on this trade for a total of about 11 minutes and that is starting to grate. EUR/CHF is grinding lower and everyone I know is either long or square EUR/CHF, which is a bit of a worry. With cable and AUD/USD showing no signs of backing off, I’m reducing this position...