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Read the rest of Forex Technical Analysis for 11/23—11/27 Week (14 words)

No serious drawdowns can be seen on the chart but the curve not always has the same slope, which means that sometimes EA performs better than during other periods. The EA has been tested on bars’ Open prices only (not every tick simulation) because it opens and closes positions only on bars’ openings.

You can also view the complete testing report. Go directly to AUD/JPY Wednesday 15:00 expert advisor page to download this EA or get more information about it. If you don’t like AUD/JPY Wednesday 15:00, you can check other MetaTrader expert advisors.

If you have any questions or some interesting thoughts regarding AUD/JPY Wednesday 15:00 expert advisor or any other MT4/MT5 EA, please, feel free to reply using the form below.

Initial jobless claims remained at 505k last week, equaling the previous week numbers. Forecasts suggested a slight fall to 503k.

Philadelphia Fed index reached 16.7 in November from a previous reading of 11.5. A much better level than forecasts suggested at 12.3.

Leading indicators index increased 0.3% in October, following a 1.0% gain in September, but frustrating forecasts that indicated a rise of 0.5%.
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Read the rest of EUR/USD Falls on Risk Appetite Decline (13 words)

Consumer Price Index (CPI) rose 0.3% in U.S. in October, more than in the previous month when it advanced 0.2% and higher than forecasts which also suggested a value of 0.2%.

Building permits were at seasonally adjusted annual rate of 552k in October, below the revised rate of 575k in September and frustrating forecasts that suggested a value of 590k. Housing starts had a seasonal decline to 529k in October from a revised value of 592k in the previous month, also below forecasts at 610k.

Crude oil inventories decreased by 0.9 million barrels from the previous week. Total motor gasoline inventories decreased by 1.7 million barrels for the same period.
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Read the rest of EUR/USD Up on Weak U.S. Construction Data (13 words)

Producer Price Index (PPI) advanced 0.3% in October reverting its previous month trend when it declined 0.6%. The growth was below forecasts that suggested an increase of 0.6%.

Net long-term purchases of the U.S. securities by the foreign investors reached $40.7 billion in September, jumping from $34.2 billion in the previous monthly reading. This result surprised analysts positively as they excepted the level of purchases to be at $27.3 billion.

Industrial production and capacity utilization rose in October but did not meet traders’ expectations. Production expanded 0.1% from a previous reading showing an increase of 0.6%, and below expectations that suggested a rise of 0.4%. Capacity utilization in the total industry climbed from 70.5% in the previous reading to 70.7%, below forecasts that indicated a rise of 0.4%.
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Read the rest of EUR/USD Down Despite Disappointing U.S. Data (13 words)

• Deposit via Moneybookers, Liberty Reserve and wire transfer
• Micro Forex trading
• $50 bonus for deposits starting from $100

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Read the rest of Web & MT4 Forex Broker (17 words)

U.S. retail sales increased at a seasonally adjusted rate of 1.4% in October after falling by 2.3% in September (revised from 1.5% fall). The average estimate for the October growth was near 0.9%.

N.Y. Empire State Manufacturing index unexpectedly declined from 34.5 to 23.5 in November. It was expected to decline only to 29.3. Nevertheless, the survey, upon which the index is based, showed that the business conditions continue to improve.

Business inventories continued to decline in September and fell by 0.4% after 1.6% decrease in August. They were expected to decline by 0.7%
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Read the rest of EUR/USD Approaches 1.5 on Positive Retail Sales (13 words)

I’ve checked my trading journal for the last 6 months and from 30 Forex trades (I excluded trades on metals) 17 were bearish. That’s quite a small bias towards short side (56.7% vs. 43.3%). This bias appeared because during that period I’ve had some bearish sentiment on EUR and GBP, and the majority of the currency pair have EUR and GBP on the long side of the pair. And how about you?
Note: There is a poll embedded within this post, please visit the site to participate in this post's poll.
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Read the rest of Bullish or Bearish Bias in Forex? (20 words)

Obvious from the table is that by depositing $500 you get the biggest bonus amount in relation to the size of the deposit (10%) and then it only declines (to as low as 2% for $50,000). Anyway, bonus is always good, but there are some extra conditions attached to these bonuses:

1. If you receive the bonus you’ll have to either wait 45 days before asking a withdrawal or trade at least 5 standard lots per $50 received bonus.
2. The bonus amount can’t be withdrawn, it can only be used to earn profit. When you request a withdrawal the bonus amount will be deducted from the total amount.

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Read the rest of Deposit Bonus from eForex Broker (15 words)

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Read the rest of Forex Technical Analysis for 11/16—11/20 Week (14 words)