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Look at the market action through cold and alien eyes that know no fear or greed -- the eyes of Forex Automaton™ . Recent: {loadposition user1} {loadposition user10}


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  • All together now: Reserve status secure

    I missed this the first time around, but the IMF’s number 2, John Lipsky, says the dollar will retain its reserve currency status for “as far as we can see”. After weeks of talking down the greenback, officials from BRIC countries have begun to back-pedal as well, and the dollar...

  • Big bids around 1.4460 in EUR/USD

    My information from a usually reliable source is that the bids are substantial in nature from a Sovereign name. I know its over 100 pips lower but store the information in the cranial computer for future...

  • Bank of Ghana Hikes Rate 100bps to 13.50%

    The Bank of Ghana raised its key lending rate 100 basis points to 13.50% from 12.50% previously.  Bank of Ghana Governor,...

  • Day-range strategy is improved by removing profit target. Profit distribution may lose second moment.

    I continue developing ways of using Danica's output for profitable trading. The strategy of combining protective stop with a profit target, setting these at the extremes of the previous trading day and trading in the direction of the forecast (referred to as the Day Range strategy and reported in...

  • iShares ETFs: The Top 10 Performers

    Article by Investment U The ETF industry now accounts for over $1 trillion. And one ETF issuer in particular dominates this market…...