Learning To Love Stochastics

Many of you trading in the Forex markets know that the difference between success and failure lies in the probabilities.What is the probability that your speculation will be correct?The more often that your positions are correct the more profitable you will be. This is part of the reason that so many bozos are busy promoting supposedly infallible commercial signals. Seriously, if their signals...

AUD-NZD breaks previous highs

The AUD is fairly strong at the moment due to the strong export revenues from coal, iron ore and gold, and metals in general. The agricultural commodities are also providing mixed support. This is one of the reasons why the AUD is strengthening against the NZD of late. The other reasons are the interest rate differential is opening up. NZ interest rates are showing signs of peaking and growing inflation...

Choose Your Favourite Strategy

Ok, time for collecting trading systems is finished now. There are a several trading systems which seems so interesting to be programmed as EA. I list them below with the detail.1.Advanced System #1 (Midnight Setup) / Gbp/Usd Daily StrategyDetail in English : http://forex-strategies-revealed.com/advanced/midnight-setupin Indonesia : http://daily-gbpusd.blogspot.com/2.BGX strategy from Hulubalang...

The USD-JPY on a knife edge

One of my readers from Japan Forum was highlighting the fact that the USD has been strong lately - contrary to my few that it could be heading to Y85. I retain the view, and gave him the following response:I think its premature to say whether I still believe the USD-JPY is going to Y85. My reasons for weak USD are that I think US Fed will lower fed rate to 1% as before, concerns about an election,...