Both the Kospi and the Australian All Ords were up almost 1% but have now fallen into negative territory. The Nikkei is down 0.25% and Taiwan is down almost 6% in 2 days. Add in to the mix some selling flows out of Tokyo in EUR/JPY and the market has been caught a bit by surprise. As I said earlier in my EUR/JPY technical analysis, there is a mild uptrend and technical stops are now to be expected below 135.95.
Equity markets turn south, selling flows in EUR/JPY
Source: www.forexlive.com
Read more...
Forex News and Rumors | OANDA Forex Blog
UK Plans for 5 Billion Pound Bond Sale The British government plans to sell up to 5 billion pounds ($8.2 billion) worth of bonds this week to provide funding. OANDA Forex Blog -...
Mathematic Proof of a VPS being cheaper than a home computer
There has been many questions about how much it costs to run a home computer 24/7 and if a VPS would be cheaper or more expensive. There is a lot of people giving their opinion, however there is nothing compared to scientific proof of the fact that a VPS is cheaper. I will prove this logically and...
Incorporating seasonality into Heidi. A concept of a better forecasting component for an intraday trading system.
Hourly time scale in forex provides roughly 24 times more statistics, than the daily scale. Therefore, if a single adjustable parameter for all currency pairs is justifiable in the daily system optimization (Danica), 24 parameters can be adjusted for Heidi without jeopardizing significance of the...
Forex contest - win 100$
Predict EUR/USD closing price on july 3rd and you could win 100$. -...
ZuluTrade Adds French Language Support
Well, what do you know, looks like the folks at ZuluTrade added French language support as well. When I made my previous post I missed the little French flag at the top so I ended up posting only about Spanish & Russian language support - my bad. Anyways, just thought I’d let you know in...