Day: February 8, 2008

February 8
2008

Pound Recovers against Euro, Dollar, Yen

Today the Great Britain pound started to recover from the week-long losses against the other major currencies, such as the U.S. dollar, euro and the Japanese yen. That’s quite a surprise for the Forex traders, because yesterday BoE reduced the official Bank Rate by 0.25% and the pound was falling down strongly, especially against dollar. The only currency which reversed […]

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February 8
2008

Traders Dynamic Index — MetaTrader Indicator

I published a new complex MetaTrader indicator on the site today — it’s called Traders Dynamic Index. It has almost everything the Forex trader needs: trend direction indicator, trend strength indicator and the market volatility measurement tool. But despite these cool features it is very simple to use. This indicator was sent to me by one of the site’s visitors, but it most probably originates from www.compassfx.com. Here’s a quick guide to using this indicator (I recommend reading the full […]

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