WHY FOREXGEN ?
Showing posts with label MACD. Show all posts
Showing posts with label MACD. Show all posts
Monday, June 9, 2008
Pivot Calculator
The pivot calculator is defined as a technical indicator that is produced by calculating the numerical average of a particular currency pairs high, low and closing prices.
To calculate pivot points, the pivot point itself will be considered as the primary support/resistance level.
Meaning that the largest price movement will occur at this level.
The other support ad resistance levels have less important, but still can generate significant price movements.
Pivot points can be used in two ways.
The first way is to determine the expected overall market trend.
If the pivot point level broke in an upward price movement, then the next large move in the market is expected to be bullish move, and if the pivot point level broke in a downward price movement, then the next large move in the market is expected to be bearish move.
for more information > > >
The Foreign Exchange Market (FOREX)
The Foreign Exchange Market (FOREX)
What is FOREX?
The Foreign Exchange Market, better Known as FOREX, was established in 1971 when fixed currency exchanges were abolished.
Currencies became valued at ‘floating’ rates determined by supply and demand. The FOREX grew steadily throughout the 1970’s, but with the technological advances of the 80’s FOREX expanded from trading levels of $70 billion a day to the current level of $2.6 trillion.
What Drives the forex market?
Different countries use different currencies, however cross-border has to take place. The FOREX is therefore a vehicle driven by the need to move monetary payments across border and transfer funds and value from one currency to another.
If the whole world used one currency there would be no need for the FOREX market .
for more information > > >
What is FOREX?
The Foreign Exchange Market, better Known as FOREX, was established in 1971 when fixed currency exchanges were abolished.
Currencies became valued at ‘floating’ rates determined by supply and demand. The FOREX grew steadily throughout the 1970’s, but with the technological advances of the 80’s FOREX expanded from trading levels of $70 billion a day to the current level of $2.6 trillion.
What Drives the forex market?
Different countries use different currencies, however cross-border has to take place. The FOREX is therefore a vehicle driven by the need to move monetary payments across border and transfer funds and value from one currency to another.
If the whole world used one currency there would be no need for the FOREX market .
for more information > > >
MACD
MACD
Moving Average Convergence Divergence (MACD)A trend indicator used to show the relation between two moving averages of prices .
with the MACD chart ,You will see three numbers .
1- the number of periods used to calculate the faster moving average.
2-the number of periods used to calculate the slower moving average .
3- the number of bars used to differentiate between the fast and slow moving averages .
for more information > > >
Moving Average Convergence Divergence (MACD)A trend indicator used to show the relation between two moving averages of prices .
with the MACD chart ,You will see three numbers .
1- the number of periods used to calculate the faster moving average.
2-the number of periods used to calculate the slower moving average .
3- the number of bars used to differentiate between the fast and slow moving averages .
for more information > > >
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