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Day: March 19, 2008
March 192008
6 Digit Forex Quotes and MetaTrader Expert Advisors
Many Forex brokers have started to offer 6 digit Forex quotes to via the MetaTrader 4 terminal recently. It has a lot of benefits for the scalping traders and opens up many new trading possibilities for others. But there seems to be a problem with almost all expert advisors that are applied to the MetaTrader 4 platform, which uses 6 digit Forex quotes instead of the more conventional 5 digit format. […]
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March 192008
Was It the Last Rate Cut in Cycle?
Yesterday the Federal Reserve lowered the benchmark interest rate from 3.00% to 2.25% to help the banking institutions during the times of global financial turmoil, but will the investors expectations for the further cuts be satisfied? The markets reacted very positively on the interest rate cut yesterday with a record breaking 4.2% growth on S&P 500 Index. Even the U.S. dollar, which usually suffers […]
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