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Relative Strength Index (RSI) measures the strength of all upward movement against the strength of all downward movement in a specified time frame. For mathematical formula of RSI is as follow: RSI = 100 - [100/(1+RS)] RS = average of n day's up closes / average of n day's down closes 1...
Trading Systems
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BlondieNews, 6 August 2014, 15:29
Moving Average Convergence Divergence (MACD) shows the difference of two moving averages - EMA12 and EMA26, and a 9-day EMA of the difference is plotted against it to trigger buy or sell signal...
Trading Systems
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Lonny Strike, 6 August 2014, 13:23
The moving average envelope is a variant application to the moving average. It is a trading band composed of two moving averages, which attempts to determine the range of market should be trading in...
Forecasts
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Damiano Fabiański, 6 August 2014, 11:11
Stock markets have their own mythology. You often hear a TV host say that the bears are in charge or that the bulls have taken over. Analysts like to say they are "bullish" or "bearish" on the market or on a particular stock...
Weekly Trends
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Alice F, 6 August 2014, 09:01
Moving average is the average rate of a currency pair over a set period. For example, if you conduct a 20-day moving average (20 day MA), you simply add the close price of the past 20 days and divide it by 20. This is called a simple moving average (SMA...
Trading Systems
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Patti, 6 August 2014, 07:11
Make a million dollars in about half a year in forex is quite real, it needs a bit of math, and most importantly - no zhadnosti.Kak and many other traders at first I tried to take on each transaction to the maximum, which often resulted in subsidence, loss and slivam...
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Roman Smirnov, 5 August 2014, 21:58
The basis for all indicators The moving average is probably the most simple to use and understand of all the major technical indicators. It’s simply the past x periods divided by x. This has a smoothing effect, as near-term price movements are registered in scope of the period of activity (x...
Trading Systems
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Sergey Golubev, 5 August 2014, 21:25 #resistance, support
What are Trend lines? Trend lines are lines drawn on the historical price levels that depict general direction of where the marking is heading, and provide indications of support or resistance. Drawing trend lines is a highly subjective matter...
Weekly Trends
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[Deleted], 5 August 2014, 16:11
Many novice forex traders start their careers by jumping into the markets head first and attempting to learn by trial and error. However, in many cases this is not the best thing to do...
Trading Systems
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Natasya Saad, 5 August 2014, 13:56 #Trading Strategies
The existence of a trend in any market depends on a series of relative highs and lows. Two consecutive relative highs, each above the previous relative high, and two relative lows above the previous low would be constitute a tentative up-trend. A third relative high would confirm the trend...
Trading Systems
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Patti, 5 August 2014, 13:13
Surprising, but traders are also human beings, and as all humans, they have their own superstitions, omens, symbols of fortune and bad luck, etc...
Weekly Trends
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Angeliqi N, 5 August 2014, 12:49 #Wall Street
From daily chart, this pair are still in channel down, and major target for bearish at major fibonacci support at 1.3220 level. If we look inside smaller timeframe, new resistance level perform at fibonacci 61.8 at 1.3440 with target at 1.3322...
Weekly Trends
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Dian Kemala, 5 August 2014, 11:46
What are support and resistance? Support levels are prices where buyers have shown or are likely to show strength. Resistance levels are prices where sellers are likely to be strong. Support Support levels essentially give the market a 'floor', since they are areas where buyers tend to be strong...
Trading Systems
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Damiano Fabiański, 5 August 2014, 09:15 #breakout, resistance, support
Three major types of charts 1. Bar Charts Bar charts provide traders with four key pieces of information for a given time frame: the opening price during that time frame; the closing price; the high price; and the low price. 2...
Weekly Trends
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Lonny Strike, 5 August 2014, 07:18
Do you want to know why the market is selling? It’s really very simple. Too many people thought they could predict with certainty it would continue going up. This isn’t rocket science. How many of these programmers we’ve discussed anticipated the market going down...
Forecasts
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Mike Dennis, 4 August 2014, 22:22 #Nasdaq
Dark Cloud Cover Offered Warning Near Range-Top Harami Pattern May Find Limited Follow-Through The Australian Dollar may struggle to recover further ground despite the emergence of a Harami pattern on the daily, given sellers remain nearby at 0.9320...
Trading Systems
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Peter Gervas, 4 August 2014, 19:07
Fundamental Forecast for Australian Dollar: Neutral Australian Dollar May Rebound as Markets Retool Fed Policy Outlook Jobs Report May Overshadow RBA Rate Decision as Aussie Catalyst The Australian Dollar faced heavy selling pressure last week, with prices dropping through the bottom of a range t...
Weekly Trends
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Mike Dennis, 4 August 2014, 17:01
Fundamental Forecast for Yen: Neutral USDJPY Rallies as US GDP Rebounds Strongly in the Second-Quarter USDJPY Attempting to Breakout The USDJPY broke out of the bearish trend from earlier this year as the Federal Open Market Committee (FOMC) scaled back its dovish tone for monetary policy, but th...
Weekly Trends
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Lonny Strike, 4 August 2014, 13:13
Fundamental Forecast for Pound: Bearish British Pound breakdown looks like the real deal, further losses ahead Disappointing UK Manufacturing data sends the GBP to fresh lows Traders sent the Sterling lower for the fourth-consecutive trading week, and whether it can recover into the new month may...
Weekly Trends
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Damiano Fabiański, 4 August 2014, 11:11
USDCAD has finally turned bullish now after recent decisive break out of a downward channel. A break indicates a completed corrective decline from the high so we suspect that pair will stay bullish now and attach 1.1270 highs of the year. We are bullish now on USDCAD as long as 1...
Forecasts
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Abdolreza Basirizadeh, 4 August 2014, 10:51 #Elliott Waves