Day: December 9, 2009

December 9
2009

Yen Advances Despite GDP Growth Slowdown

The Japanese yen continued to grow against the other major currencies for a third day today even after the worse than expected GDP data was released in Japan, as the risk-aversion still remains popular in the markets. The euro weakened to the late November levels against the yen as the global stock markets demonstrated a drop. The markets are still under a strong influence of the Dubai’s debt problems and the new fiscal problems in Greece. Despite the optimistic statistics coming […]

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December 9
2009

EUR/USD Stops Falling Higher Oil

The dollar stopped growing against the euro today as the Forex market reacted on the growth of the oil price with the decrease of the inventories. The rising U.S. stock markets also helped EUR/USD to recover. The currency pair is now trading near 1.4747 after falling as low as 1.4667 intraday. Wholesale inventories increased by 0.3% in October, following 0.8% drop a month earlier (revised from 0.9% drop). The indicator was expected to decrease by 0.5%. U.S. […]

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December 9
2009

Forex Expert Advisor on Customizable Moving Average Cross

Today I’ve finished the tests of both versions of my new MetaTrader expert advisor and uploaded it to the site. It’s called Adjustable MA and is available for MT4 and MT5. It allows a rather deep customization of the moving averages and other parameters of the EA. It’s a rather basic expert advisor that trades on a cross between two moving averages. The interesting part is that you can modify many parameters, making it quite […]

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