Trading or investing in Forex, requires sufficient understanding of the laws of supply and demand. Supply is the measure of how much a particular currency is.
The Benefits And Risks Inherent To Forex Trading And Investing ...
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Distribution of GBP/USD daily high and low during a day
I continue documenting the distribuions of the moments of time daily high and low for the popular forex pairs are achived. Some of the motivations for such type of analysis have been outlined in the first post on the topic. Availability of temporal distributions of volatility during a day (see the...
Canadian Unemployment numbers disappoint
Canadian Payroll data came in worse than expected at -41.8 k worse than the forecast of -33k. The Unemployment rate was also higher than expectations at 8.4%, the highest level in 11 years, rather than the 8.2% forecast.Usd/Cad bounced sharply on the news moving up to 1.1035 from 1.1010 before the...
Cable trader of the year is…….
The Bank for International Settlements, better known as the BIS. Having scooped up cable below 1.6400 yesterday around 1.6375, they apparently sold into the earlier rally around the highs. At least a 2 big figure profit. Nice work if you can get...
Cogent Communications Bested Estimates For Q4, Rose 13.8% Year Over Year
Cogent Communications (NASDAQ:CCOI) reported Q4 EPS of $0.12, topping analyst estimates of $0.04 per share. Revenues for the quarter rose...
USDCHF is forming a cycle bottom at 1.0923
USDCHF is forming a cycle bottom at 1.0923 level on 4-hour chart. Sideways movement in a range between 1.0923 and 1.1245 is expected in a couple...