Day: August 18, 2008

August 18
2008

Statistical Forex System — Complexity of a System

The final part of my introduction into statistical Forex system development is dedicated to the complexity of the resulting expert advisor (or automated program if you want to create such strategy for anything else than MetaTrader platform). When traders think about Forex system, they come to a conclusion that a simple trading system can’t be […]

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August 18
2008

Dollar Sees a Correction after 2-Week Rally

The U.S. dollar declined today during the Asian session against other major currencies as the traders realized their profit, closing out long positions, and turned down possibility of the rate increase until the end of the year. The  U. S. currency retreated from the highest level against the Japanese yen since January 2. It also dropped from the highest against the […]

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