Technical Analysis

The Chaikin Money Flow indicator, developed by Mark Chaikin, was an improved version of his previous discovered indicator ‘Accumulation / Distribution’. Given this fact, Chaikin Money Flow indicator is much similar to its kin ‘Accumulation / Distribution’. Still it differs from the latter as it does not taken in consideration the opening price, but the […]

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On-Balance Volume is a popular volume based technical indicator developed by Joseph Granville in 1963. This indicator lies onus on tracking the momentum by correlating the volume of the trades to the change in price of the underlying currency / stock. This indicator aims to look out for trends where higher number of buyers / […]

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With the increasing timely improvements in Forex technical analysis tools, the year 1978 saw a new oscillating indicator “Relative Strength Index (RSI)” introduced by J. Welles Wilder. The Relative Strength Index (RSI) is a very famous momentum indicator. This indicator is often confused with other common names “Relative Strength” rankings or “Relative Strength” charts. Unlike […]

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One of the most simple and popular technical analysis indicators is the moving averages method. This method is known for its flexibility and user-friendliness. This method calculates the average price of the currency or stock over a period of time. The term “moving average” means that the average moves or follows a certain trend. The […]

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The moving averages method is believed to be simple and flexible method of calculating the average currency price over a certain time period. However, a Forex trader may be confused on the selection of the time period for moving averages. If the trader wishes to compare two moving averages with two different time periods, the […]

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Speculation, hedging and arbitrage are the three key factors that dominate and influence Forex trading. While every trader may have one of these reasons to play with currencies, the technical analysis helps to forecast the price movements of these currencies. Many technical analysis tools are used to arrive at judgmental trading decisions. Forex market is […]

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There are many technical analysis tools which a trader can refer to. Technical analysis is one part of the trio. The other two are of course fundamental analysis and news trading. Now, a trader looks to use all these technical tools for predicting the movement of stock, its price reversals, rally and correction, support and […]

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Forex trading was never easy..it required a lot of professional acumen. Even today, it is not an easy road to travel but many technical tools have made the task easier. One such tool every trader should have is FX charting software for technical analysis. They use the candlestick patterns, they spread the fib grids for […]

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The financial market is consistently inconsistent by nature and in predictions. Since people can never be away from the financial arena of stock market and trends, forecasting the financial trend and nature turned out to be a necessity. Elliot wave principle essentially concentrates in forecasting or predicting the most common fluctuations in the financial sector. […]

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