Hi, this is María, today we are going to explain a little bit about the
Momentum Indicators.
These indicators are usually called momentum oscillators because the indicator line ¨oscillates¨ up and down between or around specific values-much like a wave.
Some of this indicators are:1. RSI
2. Average True Range
3. Bears Power
4. Bulls Power
5. De Markers
6. Moving Average
7. Stochastics
8. MACD
and more.…
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Added by Maria Galindo on September 30, 2010 at 8:56pm —
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ForexPros Daily Analysis September 30, 2010
Free webinar on ForexPros - Top 12 Golden Trading Tips: Start Your Day on the Right Side of the Market
Expert: Stephanie Radkay
When: Mon, Thu, Oct 7, 2010, 11:00 ET
Trading can be as risky as flying a plane. Pilots use a checklist to get off the ground and so should traders. Here… Continue
Added by forexpros on September 30, 2010 at 1:29pm —
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Strategies for trading on Forex are difficult to find. It is also not so easy to develop own forex trading stategies as good trading systems are often born after years of dedicated studying and active trading.
Every trader has unique trading individuality: trading habits, profit goals, time limits, risk comfort levels, etc. That´s why some trading set ups and rules that work for one trader may not be suitable for…
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Added by Maria Galindo on September 29, 2010 at 11:42pm —
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EUR/USD: Technical AnalysisResistance at level 1.3540/20, mentioned earlier as the growth target couldn’t hold back the pair’s movement. The pair pulled back and currently resides at 1.3580/90. Nevertheless, indicators keep forming MACD divergence, which is seen as a signal to a possible large0scale correction. The bulls still have chances to continue their upward movement and raise the price to 1.3700/1.3680, wherefrom the price will start its…
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Added by Forex4you on September 29, 2010 at 3:13pm —
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ForexPros Daily Analysis September 29, 2010
Free webinar on ForexPros - Top 12 Golden Trading Tips: Start Your Day on the Right Side of the Market
Expert: Stephanie Radkay
When: Mon, Thu, Oct 7, 2010, 11:00 ET
Trading can be as risky as flying a plane. Pilots use a checklist to get off the ground and so should traders. Here… Continue
Added by forexpros on September 29, 2010 at 1:28pm —
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Financial markets in the last two years have been absolutely nuts. Huge moves in currencies, bonds, stocks, commodities – every market went crazy as the world nearly fell into a dark age. Yes, it was very close to "guns, ammo and water" time, much closer than any of the CNBC pundits would let on.
The financial markets seem a bit calmer over the past few months. Even with people flooding into U.S. government bonds because of safety concerns, the markets aren't making the huge moves…
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Added by Justice Litle on September 28, 2010 at 6:13pm —
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EUR/USD: Technical Analysis
The pair has been residing in a narrow sideways range during the last session, but it still made an attempt for a growth, testing resistance level 1.3500/05. We currently observe the same attempt – having corrected to support 1.3380/85, the trading went back upwards and is now being carried on at level 1.3490/95. Nevertheless, MACD keeps forming divergence and indicators are rather reluctant to show an upward movement. Such state of events gives us reasons…
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Added by Forex4you on September 28, 2010 at 2:30pm —
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ForexPros Daily Analysis September 28, 2010
Free webinar on ForexPros - Top 12 Golden Trading Tips: Start Your Day on the Right Side of the Market
Expert: Stephanie Radkay
When: Mon, Thu, Oct 7, 2010, 11:00 ET
Trading can be as risky as flying a plane. Pilots use a checklist to get off the ground and so should traders. Here… Continue
Added by forexpros on September 28, 2010 at 1:21pm —
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During the previous trading week the greenback demonstrated weakness before the release of the FOMC meeting, as well, as after it. …
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Added by Forex-Metal on September 27, 2010 at 3:16pm —
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[b]EUR/USD: Technical Analysis[/b]
This pair has reached highs in the 1.3490s and is now rolling over. It is still too early to say definitively but we may have reached a significant top. We have nearly reached the Fibonacci 50% level of the decline from December ’09. I count 5 waves up in this September move, with alternation between strong 2nd wave (6th – 8th) and weak 4th (17th – 20th), making a complete Elliot cycle. There are Demark sell signals on the daily charts of 2 other…
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Added by Forex4you on September 27, 2010 at 3:14pm —
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ForexPros Daily Analysis September 27, 2010
Free webinar on ForexPros - Top 12 Golden Trading Tips: Start Your Day on the Right Side of the Market
Expert: Stephanie Radkay
When: Mon, Sep 27, 2010, 11:00 GMT
Trading can be as risky as flying a plane. Pilots use a checklist to get off the ground and so should traders. Here is… Continue
Added by forexpros on September 27, 2010 at 12:51pm —
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EUR/USD: Technical AnalysisA pullback downwards finished at level 1.3280, so the “bears” didn’t make it to level 1.3260, mentioned yesterday. The price received support and returned to growth. It currently resides at 1.3380/90, close to the upper bound of consolidation range. Indicators are reluctant in showing attempts for reversal upwards, which makes a raise to the new local maximums rather questionable. Nevertheless, if the trading fixes…
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Added by Forex4you on September 24, 2010 at 3:44pm —
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Forex (also known as FX, foreign exchange) is the market where one currency is being exchanged for another one. The volume of transactions taking
place on the foreign exchange market is mind-blowing. Some estimates,
based on the earlier surveys made by the Bank for International Settlements,
mention an average daily figure of…
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Added by Forex-Metal on September 24, 2010 at 12:47pm —
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ForexPros Daily Analysis September 23, 2010
Free webinar on ForexPros - Top 12 Golden Trading Tips: Start Your Day on the Right Side of the Market
Expert: Stephanie Radkay
When: Mon, Sep 27, 2010, 11:00 GMT
Trading can be as risky as flying a plane. Pilots use a checklist to get off the ground and so should traders. Here is… Continue
Added by forexpros on September 23, 2010 at 3:02pm —
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EUR/USD: Technical AnalysisResistance level 1.3390/1.3400 didn’t let the “bulls” continue their growth, so we currently observe a pullback downwards with the price at 1.3340/50. Assumptions about possible consolidation around levels 1.3390 – 1.3250/60, mentioned in the previous comment, seem to be correct. Indicators show a possible reverse downwards, which gives even more grounds for such scenario, so that correction, that we currently observe,…
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Added by Forex4you on September 23, 2010 at 3:00pm —
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Published first on Selftrading Consulting website
4-hour
On the 4-hour chart JPY stands around strong support area at 84.70-84.90. It includes Fibonacci Conjunction support, monthly and weekly pivot points. So, very probably, that market will bounce from this area, this is a normal price…
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Added by Andrew Widen on September 22, 2010 at 9:30pm —
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ForexPros Daily Analysis September 22, 2010
Free webinar on ForexPros - Top 12 Golden Trading Tips: Start Your Day on the Right Side of the Market
Expert: Stephanie Radkay
When: Mon, Sep 27, 2010, 11:00 GMT
Trading can be as risky as flying a plane. Pilots use a checklist to get off the ground and so should traders. Here is… Continue
Added by forexpros on September 22, 2010 at 1:19pm —
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Hi, this is María and today I want to share a question of one student.
Student’s Question:
I am quite new to fx and not sure about this however it seems as though every time BOJ intervenes (or any bank for that matter) after a time the pair continues its original trend.Would it be a good chance trade to wait until the yen hits a new low to buy.Keep your stop loss close and maybe catch a 3to 1 trade.
Instructor’s Response:
In a…
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Added by Maria Galindo on September 21, 2010 at 8:37pm —
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EUR/USD: Technical AnalysisThis pair has pulled back, consolidated and is now rising again. Whether we are in a 4th or 5th Elliot wave of the C move up is difficult to ascertain, but probably still the wave 4. There is considerable overhead resistance from the monthly pivot and an old trend-line but if prices go higher they could reach the 200 Day MA at 1.3220 before reversing. If we are still in wave 4 then there may be a pullback to 1.3040…
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Added by Forex4you on September 21, 2010 at 3:05pm —
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ForexPros Daily Analysis September 21, 2010Euro DollarStunningly, the Euro stopped exactly & down to the pip at our suggested resistance in yesterday’s report 1.3118, to confirm the… Continue
Added by forexpros on September 21, 2010 at 2:12pm —
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