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Day: August 11, 2008
August 112008
Statistical Forex System Gathered Information
Earlier Ive described the statistical Forex systems and introduced the problem of choosing the right timeframe to gather the statistics for such systems. Today I will try to describe the problem of choosing the right information that is collected for the statistical trading system. Gathering the statistics over a chosen period of time for the given market instrument is the next step to create a successful statistical […]
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August 112008
Recent Dollar Gain May Mean Big Drop Soon
The recent fast growth of the U.S. dollar against the euro doesnt mean that its out of the long-term bearish trend. Slowing economy and the risk of rate cuts even with a rising inflation are still weighing down on dollar. Since the beginning of August the dollar surged 4 percent against the Eurozone currency. This was enough for many large investing banks to advice their […]
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