Major economic events and fundamental developments are monitored by currency traders as it reflects the strength of a country's economy. Trading the News is often difficult as it producers sharp movements in the exchange rate, but can be used to generate trading opportunities. David Song will go through a basic strategy that will provide tools to help manage the risk of loss, along with a few trading tips that can assist currency traders ...
Fallacies, Part 2. Statistics Is a Pseudo-Science, or a Chronicle of Nosediving Bread And Butter The first part of the article heading is a quotation from the post by SergNF dated April 17, 2008 14:04, https://www.mql5.com/ru/forum/108164. Well, even the most strict mathematics turns into a pseudo-science when used by a "researcher" that decides to play with attractive formulas without any practical application. The skepticism ...
Reflecting the impact of Hurricanes Harvey and Irma, the Labor Department released a report on Friday showing an unexpected decrease in employment in the U.S. in the month of September. The report said non-farm payroll employment fell by 33,000 jobs. more...
US 500: Retail trader data shows 16.1% of traders are net-long with the ratio of traders short to long at 5.22 to 1. The number of traders net-long is 0.3% lower than yesterday and 10.5% lower from last week, while the number of traders net-short is 2.9% lower than yesterday and 0.5% lower from last week. We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests US 500 prices may continue to rise. ...
Recent Comments