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

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

FIBONACCI IN THE FOREX MARKET – Analytics & Forecasts – 26 November 2023

Forex traders utilize Fibonacci retracements to aid in identifying possible key levels of support and resistance. These levels are used as guidelines for traders looking to enter or exit the market along with appropriate risk management techniques. HOW TO CREATE A FIBONACCI RETRACEMENT ON A FOREX PAIR Before delving deeper into practical examples, traders need to have a

Weekly Market Recap (20-24 November)

The PBoC left its LPR rates unchanged as expected: LPR 1-year 3.45%. LPR 5-year 4.20%. PBoC ECB’s Wunsch (hawk – voter) gave a clear signal that the ECB is going to hold rates steady in the next two months, but warned that an easing in financial conditions due to rate cuts bets could prompt further