Sergey Golubev / Blog
Developed by Adam White and published in August 1991 in Futures Magazine Used for determining whether a market is trending or congested, or about to change from one to the other Useful within a technical trading system to determine which indicators are best-calibrated to the current market...
Tenkan-sen line is located below Kijun-sen line of Ichimoku indicator with 1.4565 support level on monthly timeframe chart for the bearish market condition to be continuing...
There are 4 types of MA: Simple moving average Exponential moving average Smoothed moving average Linear weighted moving average...
What is a False Breakout? A false breakout takes place when price appears to be making a renewed move in the direction of the trend only to be retraced...
Technical vs. Fundamental Technical analysis is the art of studying past price behavior and attempting to anticipate price moves in the future. These are traders that focus solely on price charts and often times incorporate indicators and tools to assist them...
The Definitive Guide to Point and Figure: A Comprehensive Guide to the Theory and Practical Use of the Point and Figure Charting Method by Jeremy du Plessis Point and Figure charts are one of the great secrets of the Technical Analysis world...
ADX indicator is used to determine the strength of the trend: +DI- Positive Directional indicator –DI - Negative Directional Indicator You do need to know that: The +DI Line is representative of how strong or weak the uptrend in the market is...
Fundamental Forex fundamental centers mostly around the currency’s interest rate. Other fundamental factors are included such as Gross Domestic Product, inflation, manufacturing, economic growth activity...
There is no one person or the author credited for creating Point & Figure chart. Point & Figures were adapted from a method used by floor traders in the 19th and pre-computer 20th century...
Spreads are based off the Buy and Sell price of a currency pair. Costs are based off of spreads and lot size. Spreads are variable and can change during news. Every market has a spread and so does Forex...