We have overlaid the below chart of daily price action in spot Gold with our favorite Bollinger Band (”BB”) settings. Within an [...]
Long Term Chart - Gold at Important Level
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Central Bank of Peru Holds Interest Rate at 4.25%
The Central Reserve Bank of Peru kept its monetary policy reference rate steady at 4.25%. The Bank said: “This decision...
Central Reserve Bank of Peru Holds Rate at 4.25%
The Central Reserve Bank of Peru held its key monetary policy reference rate unchanged at 4.25%. The Bank said: “Some...
Investing in Secondary Markets
As Facebook joins the roughly 5,100 public companies trading on major exchanges in the United States, only a week ago shares were swapping hands on...
EUR/USD 1 hour chart head and shoulders
A text book head and shoulders formation has set up on the 1 hour chart in eur/usd. The neckline stands at 1.4110. A breakdown there would target 1.3850 zone. The move could happen on a dovish commentary from Trichet who might insist on strong euro being bad for the euro...
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...