Automated Trading Championship 2008: Reporting the Third Week (13-19 October)
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On the website of the Automated Trading Championship 2008, an article Reporting the Third Week (13-19 October) has been published. The previous week was relatively calm in the Forex market as compared to the two previous ones. But the previous two weeks had a strong trend that was very favorable to many Participants, while the third one had a negative impact and many EAs met losses. This influenced the equity of the top Participants. The total equity of the Championship Participants is now $389 thousand US dollars, which is by 15% less than the previous week value (more than $460 thousands).
The article was published on the website of Automated Trading Championship 2008 in the News section.
Sponsors of the Automated Trading Championship 2008 are FXCM (Forex Capital Markets LLC), Interbank FX LLC (IBFX), FXDD and the TRADERS’ magazine. The organizer of the Championship is MetaQuotes Software Corp.