Day: August 7, 2011

August 7
2011

Future of the US Dollar with AA+ Rating

Following the Friday’s US credit rating downgrade by Standard & Poor’s the Forex traders are wondering how will the currencies react tomorrow and where will the dollar head during the next few weeks. Standard & Poor’s rating agency reduced the long-term sovereign credit rating of the United States from “AAA” to “AA+” (which is somewhere between very strong and extremely strong capacity to meet the financial commitments) on August 5. […]

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August 7
2011

RTATC2011 — Day 7 — Reboot Safety & Trading Conditions

Last time, I’ve modified (with the help of a fellow Japanese MQL coder) the standard Trade.mqh library to use the order and position size limits set in the ATC 2011 rules. I’ve also promised to discuss the process of dealing with the harsh trading conditions of the championship in the next journal issue. But, since it required some forward-testing, and, in its turn, forward-testing required some way to save and load the state of the expert advisor, I will […]

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