Fallacies, Part 1: Money Management is Secondary and Not Very Important In this article we will discuss very simple things that can very often be deceptive - the graphs of an account balance in the testing report. In reports of strategy testing by beginners we can often see exponential balance/equity graphs and multibillion results by the end of the testing period. Such results usually invoke skeptical comments of experienced EA writers ...
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GBP/USD extended its falls amid Brexit uncertainty and unimpressive economic data. Will it head below 1.30? The upcoming week features industrial output, the trade balance and more. Here are the key events for GBP/USD. BRC Retail Sales Monitor: Monday, 23:00. The British Retail Consortium has shown a rise in sales in the past three months, a positive sign after some worries beforehand. After an advance of 1.3% in August, perhaps we will ...
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. more...
EUR/USD was under pressure once again, dropping for the second week in a row. The upcoming week’s highlight is a speech by Mario Draghi. Here is an outlook for the highlights of this week. German Industrial Production: Monday, 6:00.Sentix Investor Confidence: Monday, 8:30. This 2800 strong survey has stabilized on high ground in recent months. Back in September, it reached 28.2 points. Another small rise to 28.6 is on the cards for ...
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