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Day: February 18, 2008
February 182008
Recession in Japan May Reduce Gains in Yen
According to, Toyoo Gyohten, the president of the Tokyo based Institute of International Monetary Affairs, the Japanese economy may enter a short period of recession soon and that will slow down or even reverse the yen?s appreciation trend. As the result of this possible recession, Japanese yen will be traded inside the 105-110 range against the U.S. dollar, while earlier analysis predicted that the 100 rate […]
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February 182008
Pivot Points Indicator for MetaTrader
A new indicator is available for download now â it’s TzPivots. It shows the daily pivot points directly on the MetaTrader chart. It’s easy to use â you only need to set two input parameters for it to work properly: LocalTimeZone â should be set to your MetaTrader server’s time zone shift in hours relative to the GMT. E.g. if your charts in MT4 are for GMT-5, then you should enter “-5” […]
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February 182008
Hedging Strategies in Forex
There are two new Forex articles that I have uploaded on my site today. They are written by Mary McArthur and they both are about hedging in Forex. Hedging is a simultaneous buying and selling of the same trading instrument. It has a great potential on the volatile and less trendy markets. One articles describes the Forex hedging in general, while another is about a grid hedging system, which exploits the fast swings in both direction on such […]
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