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Written by Administrator
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Thursday, 16 October 2008 |
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Here is one very nice trading system that can be worth your attention.
When a trader chooses to use small time frames (like 10 min, 15 min,
30 min even 1 hour) risks to be wrong are always higher than with
larger time frames.
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Read more...
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Technical Indicators II: Moving Averages |
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Written by Administrator
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Friday, 03 October 2008 |
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What is moving average?
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).
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Read more...
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Technical Indicators I: Introduction |
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Written by Administrator
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Friday, 03 October 2008 |
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Technical indicators are statistics of past market data base on
different mathematical calculations.
Traders use technical indicators
extensively in technical analysis to predict the continuance and the
reversals in currency trends.
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Read more...
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Technical Indicators III: Bollinger Bands |
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Written by Administrator
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Friday, 03 October 2008 |
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Bollinger bands were created by John Bollinger in the early 1980s. The
bands have similar theory and application with the Moving Average
Envelopes.
It has a set of three curves, the typical parameters are:
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Read more...
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