Forex Blog

The commodity channel index belongs to the category of market indicators: this is the most powerful weapon for traders for many years. The true effectiveness and significance of this indicator is demonstrated by the fact that CCI is included in most trading terminals and platforms: developers with hunting implement it in classical analytics tools.

The developer of the Range Bar corrected the system of creating candles. If in a classical, traditional model they are created in time (for example, for 5 minutes or the hour: after the price passes a fixed time interval, a new candle is formed), then in the updated solution, the candle is created through a spread of prices.

Most of the players just do not understand how to use pyramiding better, so it's afraid of it. But we will reveal the secrets and share practical approaches.

Andrews' pitchfork is used to build the main price channel on the trend market, and also to divide it into two parts. The lines that are created based on pitchforks demonstrate nothing less than support and resistance, showing the degree of probability that the price will depart from the line and go beyond the price corridor.

Do not be naive to believe that the huge amount of money you spend on super courses will turn you into a millionaire trader, a market genius and a professional. Success includes not only the knowledge gained but also their correct application. And this means you can not do without practice. Practical training is above all.

Historical levels are those that can be determined by carrying out a technical analysis of the market, exploring past time intervals.

Some of the newcomers are blinded, they are confident that to achieve the goal it is enough to open a trading account, install a terminal and quickly become successful, concluding a profitable deal.

The most powerful influence is exerted on rates of 10-year and 5-year securities, and the bond market itself is characterized by a high level of volatility.

But a stable green dollar colour appeared already in 1929. In addition to the cheapness of such green colours, the colour was stable and liked the inhabitants of the United States, causing good emotions.

Evaluation of current events, news and events, as well as assessing the economic situation in the country is the leading economic forex indicator, which is successfully applied by participants in the foreign exchange market, analyzing and making forecasts.