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Free forecast and daily analysis
2008-06-03 17:38:00
Forex Calendar
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A useful directional oscillator
2008-06-03 17:35:00
Have you ever looked for an indicator that could provide you with a broad indication of price direction? Well, here?s a nifty little indicator that could help.It?s very similar to MACD but tends to suffer fewer whipsaws in flatter corrections. The basic concept behind the MACD indicator is instead of using the crossover signals of two moving averages to base signals, it assigns one (exponential) moving average to represent price and a second, longer (exponential) moving average to represent the underlying direction of price.The problem with just using the crossovers of two moving averages is that the signals can come very late and much of the directional move can be complete when the signal is finally generated. The MACD, by measuring the width between the averages, is more sensitive to how fast the averages are moving apart (divergence) and also how quickly they are moving together (convergence.)The drawback of MACD is that it can be so responsive to changes in direction that it ca...

Forex forecast and daily analysis
2007-06-11 16:46:00
Forex Calendar
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Golden nuggets of forex trading
2007-05-24 13:45:00
Bollinger bands are very useful in determining price direction. You will notice that whenever the bands tighten, price explode out in a direction that is pretty much determined by the attitude of the 200 EMA
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Sponsor banner
2007-05-05 18:00:00
Expire on 5 July 2007 (5$/week) contact marketivaster@gmail.com
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Using Multiple Time Frames in Your Analysis
2007-03-09 09:32:00
A technique to improve your trading decisions Have you ever seen RSI overbought and wonder whether it was the right time to sell? Let?s face it, an overbought reading in a momentum oscillator can merely mean that price is strong and may even turn into an uptrend. Is it a valid overbought signal? Do you sell? Where do you sell? Where should you place your stop? Quite often using two charts of different time frames can help. For instance, let us suggest you have seen an overbought reading in the daily chart but there is no bearish divergence. What you can do is look at a shorter time frame chart, a 4-hour or 2-hour chart to see what is happening there an whether a more accurate sell signal can be identified. Let us look at recent example in EURUSD:Above is the daily chart of EURUSD as it approached 1.3258. Daily Rapid RSI was showing an overbought reading but there was no bearish divergence. From this chart...
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Avoiding the pitfalls of using MACD in your trading
2006-10-24 10:01:00
MACD is used quite widely among traders mainly, it would seem, because the basis for the indicator is something they can visualize ? effectively measuring the degree of convergence or divergence of two exponential moving averages. Commonly traders will consider buying or selling on crossover of the MACD lines. However, there can be problems and it is worth understanding when these may occur.Let us take a look at the MACD plot on a weekly chart of USDJPY:Broadly we would be pleased with the general signals being generated from MACD in this chart. While the crossover of the MACD across the signal line never really occur at market extremes, in this case they are pretty close and one cannot expect a lagging indicator to provide signals at price extremes. It can be seen that before the moving averages cross the MACD is signaling a reversal earlier and allowing an early entry into a potential trade. Perfect. We can begin to trade on this indicator then? Or can we..?Take a look at the seco...
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My essential trading system
2006-06-04 20:13:00
If you want to get to the top of the forex market ?food chain? you have come to the right place. The strategy that we are about to reveal to you is a completely new, efficient and reliable trading strategy that comes as the result of years of forex market research using sophisticated mathematical methods and is based on a fundamental property of financial markets.Regardless of how strong a long-term market trend is, the market never moves only in the direction of the long-term trend - there are always minor movements against the longterm market trend. These deviations usually don?t last very long and after them the market moves again in the direction of the long-term trend.The picture above shows a snapshot of a E/U candlestick chart. Although the market shows both upward and downward market movements it can be easily recognized that the long-term market trend is clearly bearish.Frequent relationships are 25%, 38%, 50%, 61% and 75% (Fibonacci ratios).Suppose we entered the market sh...
More About: System , Trading , Esse , Stem , Essential