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Day: December 24, 2011
December 242011
Weekly Gains of Aussie on Good US Economy
The Australian dollar rallied this week as optimism returned to the Forex market on the positive signs from the United States. The flow of bad news from Europe paused for a time, easing concerns about the sovereign debt crisis. Worries about Europe persisted in the first half of the week, weakening commodity currencies. The attempts of the European central bank to inject capital into the European banking systems through loans didn’t helped market sentiment at first. Later, […]
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December 242011
Forex Technical Analysis for Week 12/26—12/30
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2735 1.2858 1.2950 1.3073 1.3165 1.3288 1.3380 GBP/USD 1.5135 1.5300 1.5443 1.5608 1.5751 1.5916 1.6059 USD/JPY 77.20 77.44 77.74 77.98 78.28 78.52 78.82 EUR/JPY 99.94 100.60 101.20 101.86 102.46 103.12 103.72 GBP/JPY 118.27 119.39 120.52 121.64 122.77 […]
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December 242011
RTATC2011 — Day 11 — The End
ATC2011 contest has finally ended yesterday. Now it’s time to contemplate the results. I must say, it was a big disappointment to me. I haven’t expected my expert advisor to win, but I’ve really hoped for it to end up in profit. In the end, the account balance was at $6,188.84 — down from $10,000 initial balance. I ended up on 161st place. This result is better than my 2010 and 2008 ATC finishes, but […]
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