EES releases FXDF Forex Strategy Documentation Framework

http://eesfx.com/wiki/docs:framework
A framework for writing strategy manuals & documentation is needed. Having a standard for documentation of FX strategies will help document writers, by providing an easy to use template, which will increase organization. It will help users understand documents as they will become familiar with the standard and will understand how to use the document and where they can find specific information. FIX provides a standard for trading APIs, and most liquidity providers and FX trading banks have relatively few differences between FIX versions. However, the difference between strategies and their documentation is huge. A developer's work in many cases is only as good as his documentation. If something happens to him (such as "FX Burn Out") and others are forced to re-create his work, this can be difficult without clear, structured documentation.

The billionaire brothers who are waging a war against Obama.

http://www.newyorker.com/reporting/2010/08/30/100830fa_fact_mayer
On May 17th, a black-tie audience at the Metropolitan Opera House applauded as a tall, jovial-looking billionaire took the stage. It was the seventieth annual spring gala of American Ballet Theatre, and David H. Koch was being celebrated for his generosity as a member of the board of trustees; he had recently donated $2.5 million toward the company's upcoming season, and had given many millions before that. Koch received an award while flanked by two of the gala's co-chairs, Blaine Trump, in a peach-colored gown, and Caroline Kennedy Schlossberg, in emerald green. Kennedy's mother, Jacqueline Kennedy Onassis, had been a patron of the ballet and, coincidentally, the previous owner of a Fifth Avenue apartment that Koch had bought, in 1995, and then sold, eleven years later, for thirty-two million dollars, having found it too small.

Read more http://www.newyorker.com/reporting/2010/08/30/100830fa_fact_mayer#ixzz0y2qhGwd4

EES FX Forum Question: Adaptive Trading Systems

http://eesfx.com/portal/14-fx-systems/164-adaptive-trading-systems.html#164 What is the best methodology to develop adaptive trading systems?

Banks back switch to renminbi for trade

http://www.ft.com/cms/s/0/182a2b70-b130-11df-b899-00144feabdc0.html

Banks back switch to renminbi for trade

By Robert Cookson in Hong Kong

Published: August 26 2010 17:55 | Last updated: August 26 2010 17:55

A number of the world's biggest banks have launched international roadshows promoting the use of the renminbi to corporate customers instead of the dollar for trade deals with China.

HSBC, which recently moved its chief executive from London to Hong Kong, andStandard Chartered, are offering discounted transaction fees and other financial incentives to companies that choose to settle trade in the Chinese currency.

EES Strategies Update – 8.24.2010

EES Strategies Update

EES has completed a modification of the DRS system, and has coded a new system, Tick Monster, soon to be officially released.

All referenced strategies are now available for customers who have access to Elite Meta Sync. Please sync up to get the latest strategies.

For questions about these updates, please use the EES FX forums at:

http://eesfx.com/portal/list-forums/

DRS – TM updates Changelog

Drs R 3.5

1. Modified lot multiplier for double orders to accept 0.1. Please take note that if set too low calculated lot size will be less than minimum allowed by broker in which case the minimum lot size allowed will be used.

2. added option to use autogrid value for takeprofit, autogrid must be on for setting to take effect

3. added "check spread" function which will check if spread is within limits before sending orders

4. added options to trade again after global profit or stop

5. added use_PercentAccountStart feature for calculating starting lot

!EES-DRS_T_v2.1

1. Added pivot indicator filter - If ON EA will buy only above specified resistance line and will sell below support line

2. Added SMA indicator filter - If ON EA will only buy above SMA and only sell below. MA default type is simple moving average, 200 period but this can be changed at user input

3. Added "MovingAveragePlus" input parameter where user can define additional pips above/below MA to allow buy/sell orders. Set value to 0 to turn this feature off

Tick Monster V1.4

1. Fixed bug in pivots indicator filter

ShoreBank of Chicago Said to Be Closed Today by FDIC

http://www.bloomberg.com/news/2010-08-20/shorebank-of-chicago-said-to-be-closed-today-by-fdic.html
ShoreBank Corp., the Chicago lender operating under a Federal Deposit Insurance Corp. cease-and- desist order for 13 months, will be shut and most of its assets will be bought by Urban Partnership Bank, two people with direct knowledge of the matter said.

Urban Partnership, created to make the acquisition, will keep branches in Chicago, Cleveland and Detroit and continue to focus on low-income communities, the people said, speaking anonymously because the matter is private. Urban Partnership will have Tier 1 capital of at least 8 percent and its chief executive officer will be William Farrow, a former executive at the Chicago Board of Trade and Bank One Corp., they said.

"The good news is that the bank, under this new management, will still be there and serving the South Side community," said Dory Rand, president of the Chicago-based Woodstock Institute, a non-profit that studies community lending. "They have made the South Side a decent place to live and work and do business."

CIA forms new center to combat nukes, WMDs

http://apnews.myway.com/article/20100819/D9HM8F100.html

WASHINGTON (AP) - The CIA is opening a counterproliferation center to combat the spread of dangerous weapons and technology, a move that comes as Iran is on the verge of fueling up a new nuclear power plant.

CIA Director Leon Panetta said Wednesday that the new unit would place CIA operators side by side with the agency's analysts to brainstorm plans to "confront the threat of weapons of mass destruction - nuclear, chemical and biological."

The center would formalize the collaboration between the agency's analysts and operators, a close working relationship that CIA spokesman George Little said already has yielded intelligence successes.

Little cited their work in last year's revelation of the "discovery of the Syrian covert nuclear reactor and Iran's undeclared uranium enrichment facility near Qom." That Iranian city is the ideological center of Iran's Shiite rulers.

Paul Brannan, a senior analyst at the Institute for Science and International Security, said another CIA success was the slowing down of Iran's nuclear centrifuge operations at Natanz. The agency, he said, sneaked "faulty parts into Iran's nuclear supply chain."

That operation, Brannan said, "is an example of where you'd need both analysts to tell you what type of parts would Iran need that you could inject, and the operations side to work with trading companies to try to get the parts in there."

Active ISO Burner Freeware

http://download.cnet.com/Active-ISO-Burner/3000-2646_4-10602452.html
Active ISO Burner will allow you to burn an ISO image file to CD-R, CD-RW, DVD-R, DVD+R, DVD+R DL(Dual Layer), DVD-RW and DVD+RW (including double layer, DL). Active@ ISO Burner software accepts command line parameters to automate ISO images burning process.

MT4 on the decline? Crashing build 226 unresolved

http://eesfx.com/portal/17-ees-customer-support-requests/163-mt4-crashing-8192010.html#163 Posted support ticket on eesfx.com customer support forums

http://forum.mql4.com/34560

Last week, the number of first-time filers for unemployment insurance rose for the third time in a row, to 500,000

http://money.cnn.com/2010/08/19/news/economy/initial_claims/index.htm
NEW YORK (CNNMoney.com) -- A government report Thursday brought bad news for workers and the economy: The number of unemployed Americans seeking a financial lifeline has reached its highest level in nine months.

Last week, the number of first-time filers for unemployment insurance rose for the third time in a row, to 500,000, according to a Labor Department report released Thursday.