The Why and How of Machine Learning in Trading

Dr. Ernest P. Chan explains the pros and cons of machine learning as a technique for creating trading strategies, and why its time has finally arrived. Also, a few tips on how to get started learning this technique. Dr. Chan is an expert in the application of statistical models and software for trading currencies, futures, … Read more

EUR/USD Sits on Trendline Support Ahead of NFP

EUR/USD has drifted lower ahead of the US Employment Report, set to be released by¬†the Bureau of Labor Statistics on Friday at 8:30AM ET. Looking at the weekly chart above we can see that price has fallen to a well defined long term uptrend line. Wednesday’s data from ADP and Moody’s Analytics showed that companies¬†added … Read more