All-cash purchases accounted for 40% of all sales of residential property in July 2013, according to a new study. But experts caution that this increase may not be a good sign for the health of the housing market. MarketWatch’s Jim Jelter reports (Photo: Getty Images)
By CountingPips.com
We are excited to announce that we have released our latest indicator for the Metatrader 4 platform: Automatic Fibonacci Retracements
The standard Fibonacci Retracement indicator in the Metatrader 4 platform is great but it is static. Traders have to determine the trend, draw the indicator and update the chart when trends change.
This indicator was designed to do all that for you automatically – Automatic trend determination, plotted Fibonacci levels and updated retracements as price action changes.
There are user inputs for the number of periods to consider in drawing the fibonacci retracements as well as coloring and styling options. The indicator will update upon the completion of the latest bar or candle and a new retracement will be drawn when a new high or low is made over the chosen time-frame.
This is our fourth forex indicator for the MT4 platform and you can find our Automatic Fibonacci Indicator here. Our previous indicators include Pivot Point Levels, Linear Regression Channels and the High Low Support Resistance Indicator which all can be found in our Forex Apps section.
As always, we love to hear your feedback or suggestions for new indicators or apps that you may have (email us).
According to Emergency Manager Kevin Orr, Detroit, which has filed for the largest Chapter 9 bankruptcy in U.S. history, will issue a request for proposals to borrow $350 million that will be used to terminate a complicated swaps deal and give funding for “quality of life” improvements in the city.
Indian Finance Minister P. Chidambaram asked state-run banks to ensure flow of credit to every sector of industry, indicating the need for funding projects amid an economic slowdown.
Until recently, it looked like a sure bet that the U.S. Federal Reserve would announce the beginning of the end of its massive bond buying program in September. Now, investors are less certain. The prospect of Western military action against Syria has sent stock markets worldwide reeling. And another potential showdown over the federal debt ceiling limit is looming this fall.
This morning, Ship Finance International (SFL) declared its quarterly dividend of 39 cents per share, maintaining the amount paid to shareholders the last quarter. Based on the current stock price, investors can expect a yield of about 9.7% going forward.
Chadwick Boseman is to play James Brown; Michael Buble becomes a father; Selena Gomez won’t comment on (Aug. 28)
German Finance Minister Wolfgang Schaeuble said an estimate by the International Monetary Fund that Greece will need an additional 11 billion euros to see it through to 2015 was “not completely unrealistic.”
Lance Bass says he enjoyed the ‘N Sync performance at this year’s MTV VMAs but admits that ‘it ain’t no lie, it’s still bye bye bye’ for the group, on getting back together at the moment. He also talks about Miley Cyrus’ appearance. (August 27)
Lance Bass nixes ‘N Sync reunion; Kate Gosselin sues ex over book and accuses him of hacking; Matt Damon and Hayden Panettiere to get Environmental Media Awards. (Aug. 27)
