S&P Global flash Manufacturing PMI for November 49.4 vs 49.8 estimate

S&P Flash manufacturing PMI remains below 50.0 Prior PM Mfg 50.0 Flash Manufacturing PMI 49.4 vs 49.8 estimate Flash services PMI 50.8 vs 50.4 estimate ant 50.6 last month Composite 50.7 unchanged from last month 50.7. From S&P Global: In November, US businesses experienced a marginal expansion in output, similar to the growth rate seen

Skyrocket Neural Network + Price Action EA – Neural Networks – 26 November 2023

import tensorflow as tf from tensorflow.keras.models import Sequential from tensorflow.keras.layers import Dense, Dropout, LSTM from sklearn.preprocessing import MinMaxScaler import numpy as np # Load and preprocess data # … # Build the neural network model = Sequential() model.add(LSTM(50, return_sequences=True, input_shape=(X_train.shape[1], 1))) model.add(LSTM(50, return_sequences=False)) model.add(Dense(25)) model.add(Dense(1)) # Compile the model model.compile(optimizer=”adam”, loss=”mean_squared_error”) # Train the model

Symbol Changer MT5 Indicator – ForexMT4Indicators.com

In the fast-paced world of financial markets, traders rely on various tools and indicators to make informed decisions. One such tool that has gained significant popularity among MetaTrader 5 (MT5) users is the Symbol Changer MT5 Indicator. This indicator, often overlooked by beginners, can be a game-changer for experienced traders looking to gain an edge

Newsquawk Week Ahead: highlights include US PCE, ISM; OPEC; EZ inflation

TUE: EZ M3 (Oct), US Richmond Fed (Nov). WED: RBNZ Policy Announcement; German Prelim. CPI (Nov), UK Mortgage Approvals/Lending (Oct), EZ Economic Sentiment (Nov), US GDP 2nd (Q3). THU: Chinese NBS PMIs (Nov), German Retail Sales & Import Prices (Oct), Swiss KOF (Nov), German Unemployment (Nov), EZ HICP Flash (Nov), US PCE Price Index &

NZD/JPY bulls command and approach cycle-highs for a retest

Share: NZD/JPY rallies 0.70% to stand at 91.00 as buyers take control. The cross seems to be on its way to retest last Friday’s highs around  91.15. Daily chart: RSI is approaching overbought territory, and MACD exhibits increased buying momentum. Despite the overbought status in the four-hour chart, the overall trend remains bullish above

Strong auto sales hide slowing Canadian disretionary spending

Canada retail sales Friday’s Canadian retail sales report for September far-surpassed expectations at +0.6% compared to a flat reading expected. In addition, the advance reading for October was +0.8% in a sign of even-more strength. CIBC highlights a contrast in consumer spending patterns in the report. While auto sales surged, there was a noticeable dip

Evaluating Trading Strategy Performance Metrics: A Comprehensive Overview – Analytics & Forecasts – 25 November 2023

Evaluating Trading Strategy Performance Metrics: A Comprehensive Overview When assessing the effectiveness of trading strategies, a set of key performance metrics provides valuable insights into their profitability, risk management, and overall robustness. The Profit Factor is a fundamental metric that compares the gross profits to gross losses. For instance, if a strategy has a Profit

AMD advances for fourth week in a row

Share: AMD price action scored its fourth straight week of gains. S&P Global PMIs show Services overperforming, while Manufacturing underperforms. AMD gains at Friday open, while NASDAQ Composite fades. The $127 to $133 supply zone from May and June becomes primary bull target. Advanced Micro Devices (AMD) stock ended its fourth week in