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Developed by George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum indicator that shows the location of the current close relative to the high/low range over a certain number of periods...
Which applied types of prices do you know? I bet you can remember median, typical, linear weighted prices, and of course more trivial open, close, high, and low. All and every one of them can be useful, but they are limited in the sense, that they are based solely on the price action...
Please note that the upcoming US Memorial Day and UK Spring Bank Holiday will affect the trading schedule for Gold (XAUUSDecn) and Silver (XAGUSDecn). On Monday, May 25th, trading of Gold and Silver will cease at 17:00 GMT+0 and resume at 22:00 GMT+0...
An upturn in inventories and higher exports helped Japan log stronger-than expected growth in the first three months of 2015, but those drivers may cool in the second quarter, says the Wall Street Journal...
On Wednesday oil futures were higher after losing almost 4% Tuesday, as traders awaited a U.S. government report which may indicate a third straight weekly decline in crude inventories. Possible escalation off the coast of Yemen also impacted oil prices...
The dollar hit a two-month high just above 121 yen on Wednesday and extended gains against the euro to a three-week high, as the euro extended the previous session's sharp falls after the ECB comments...
Tenkan-sen line is located above Kijun-sen line of Ichimoku indicator with 122.02 resistance level on monthly timeframe chart for the bullish market condition to be continuing...
As all attention is attracted by the minutes from the Federal Open Market Committee due later Wednesday, Kitco Metals analyst suggests they will simply be an update for the market as he explains he's not seeing a rate hike until 2016...
On Wednesday gold extended the previous session's slide, as the dollar was stronger ahead of minutes from the Federal Reserve's latest policy meeting, which will be closely watched for clues on the U.S. rate outlook...
In a nutshell, Bank of America analysts called on their clients to be dollar bullish, reiterating their positive forecasts for dollar-yen pair, dollar-euro pair and U.S. Treasuries...
Topics include: How do pivots work with patterns Pivot Confluence Scalping: Counter-trend and with-trend, Trader vs Programmer...
Stocks in Japan finished at a 15-year high on Wednesday after data showed that in the first three months of 2015 Japan’s economy grew at its fastest pace in a year, while one of Hong Kong’s hottest stocks of 2015, Hanergy Thin Film Power Group Ltd., plunged nearly 50...
• Greek deal at the end of May? German Chancellor Angela Merkel and French President Hollande said yesterday that negotiations with Greece should be accelerated to produce an agreement by the end of May, due to the financial needs of the country...
On Wednesday crude oil prices rose recovering from sharp fall in the previous session, after strong Japanese GDP and as the consumer outlook in Australia seemed to brighten, driving producer hopes of increased demand...
SENSEX gains 206 points in early trade Asian markets funds and retail investors amid a mix trend-round buying BSE SENSEX opened with a gain of 206 points, while the NSE Nifty regained the 8,400 level. SENSEX falling 41.77 points in the previous trading session today with a gain of 206...
Oil futures can make great investments and are probably one of the most actively traded derivatives on the market. Some of the benefits of investing in oil futures include: Ability to make substantial profits. Oil futures can be extremely lucrative investments...
On Wednesday the dollar reached a two-month peak against the yen and extended its gains vs the euro in Asia trade, boosted by positive U.S. data and comments suggesting a front-loading of European Central Bank bond purchases...
The 20 pips strategy is used for H1 and M15 timeframes. We use 100 SMA and 200 SMA indicators to determine the direction of the trend. H1 timeframe chart checks long term direction of the trend. Trades are opened only when the price is within 20 pips range of the 200 simple MA...
Many of the most popular indicators can be helpful when designing a trend strategy. And to take technical analysis a step further when designing a trend-trading approach, many traders will look to utilize multiple time frame analysis in order to get multiple looks at a trending market...
CHF/JPY: Long Position has been opened on May 6. The pair is having a rank of 21 and is consolidating. The CHF has a currency score of 6 and the JPY a score of 1. The Weekly chart is looking strong but the Daily and 4 Hour chart are showing some consolidation...
