Let's make a simple and quick introduction to one of the most interesting fields today - Data Mining. There is a wide range of Data Mining applications. We should integrate Data Mining in our FX trading. FX, FOREX or the Foreign Exchange FX is the biggest market in terms of daily traded volume...
Well there was a big melange of information in the last 24 hours which has put the FletcherGoldman signal under pressure. The jump in the EURUSD is the key driver for the momentum halt. The EUR experienced its strongest 24 hour rally this year, and the move was driven by a number of factors: 1...
The euro rises followed volatile session when the single currency climbed more than 2 per cent against the dollar which was one of its biggest daily rises in more than three years...
Daily price for this pair was on bear market rally since the beginning of last week: price crossed Senkou Span B line and came to the Ichimoku cloud for ranging. For now - D1 price crossed 'reversal' Senkou Span A line and came to the primary bullish zone on close daily bar with 2...
2015-06-03 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Trade Balance] past data is -51.4B forecast data is -43.9B actual data is -40.9B according to the latest press release if actual > forecast (or previous data) = good for currency (for USD in our case...
Europe's political leaders, central bankers and Greek politicians agree on only one thing: if Greece goes down, they don't want their fingerprints on the murder weapon. Athens ran out of cash a long time ago and is technically bankrupt in all but name...
"Conviction levels that the Euro can resume its downtrend are as low as we can remember. Most see the single currency in a range near current levels, with the current account surplus, the rise in oil prices and valuation preventing another meaningful leg lower...
Although the euro was given a boost on Tuesday which continued to underpin the single currency on Wednesday, analysts predict a downward trend amid a volatile week...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, June 3rd EUR/USD pushed higher after euro zone consumer price index rose by 0.3% beating the expectations of economists...
Click on my name for further discussion... These are the famous words spoken by Keynes the great economist. When I see 15 year optimizations on an EA, I wonder. How useful is that. I guess mathematically if an EA s performance over 15 years can average a profit probably means it is resilient...
CHF/JPY: Long Position has been opened on May 6. The pair was low in the ranking list for about 2 weeks until last week and is now back high in the Top 10 with a rank of 2. The CHF has a currency score of 8 and the JPY a score of 1 most of the time lately...
FletcherGoldman reached it's weekly target nice and early on the back of the USDJPY moving to a new 2015 high, peaking at 125.05. However, the price did find resistance at this point...
The four-month negotiations between Greece and its creditors over the terms of the country’s bailout have not brought a deal, and the impasse is now hurting the country's banks...
Eurozone consumer prices rose for the first time in six months during May, a significant victory for the European Central Bank in its campaign to avert a slide into deflation that could have derailed the currency area's fragile economic recovery...
Weekly technical analysis here is based on closing market prices until the end of last week (May 29, 2015), and is intended as a reference for the medium and long termtrading. EUR/USD: Daily chart: a bullish correction is likely to occur: 1...
2015-06-02 05:30 GMT (or 07:30 MQ MT5 time) | [AUD - Cash Rate] past data is 2.00% forecast data is 2.00% actual data is 2.00% according to the latest press release if actual > forecast (or previous data) = good for currency (for AUD in our case...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, June 2nd After yesterday’s lows at 1.0886, EUR/USD was up this morning reaching 1.0944 mark. The European leaders met with Greece’s international creditors on Monday to move the debt negotiations forward...
