Automated Forex Trading Robot

I've signed up for a second account. This one is at a broker that uses a dealing desk and an MT4 based trading platform.Why?Because I write software for a living. Because I sometimes have a decided lack of discipline. Because my life is stressful and I don't need to be glued to my screen worrying about charts, margins and limits.No, really, it's because I'd like to think that I can create...

AUD and NZD range trading at best

The AUD and NZD are likely to range trade for the next month, as the focus is on the EUR trade. There is still some play in the Yen, as it falls to the Y83-85 on weaker economic news out of the USA. We are going to see a weaker USD, and that I don't see adding either weakness or strength to the AUD or NZD. I would nevertheless expect a volatile AUD trading between 58c and 70c.The NZD is likely to...

The USD set to plummet!

The USD is set to plummet against a number of currencies. You might be thus wondering where to place your money. Against the gain currencies I would suggest the EURO offers the better opportunity. Some months ago I forecast the Yen falling to Y85. As you can see that move is almost complete, with the USD currently trading around Y90. At the time I attracted considerable criticism for this forecast....