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Day: January 23, 2008
January 232008
Float New Addition to MT4 Indicators
One of my site’s visitors asked me about the MetaTrader 4 indicator called “Float“. So I’ve decided to find this one and add it to the MT4 indicators list I maintain. Now everyone can download this interesting indicator and try to use it in Forex trading. It is designed to detect big trend changes and the current trend ‘exhaustion level’. As the bonus it also shows the Fibonacci levels on the main chart window […]
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January 232008
Aussie Gains of Fed Rate Cut
The Australian dollar gained yesterday after the Federal Reserve announced an emergency rate cut from 4.25% to 3.50%. It also continued to gain today through the most of the Asian trading session, but has already went down past the daily opening price. The main idea behind the Aussie’s (AUD) growth is in the expectations by the majority of traders to see the Reserve Bank of Australia increasing the main interest rate during the February 5 meeting. […]
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