Useful forex strategies resources - ForexbinaryoptionCz

Useful forex strategies resources


The Currency Strength Index shows how major currencies perform against each other in real-time. You can see at a glance which currency is on the rise and which one is useful forex strategies resources, thus giving you valuable information about buying and selling pressure.

To avoid volatility bias, Currency Strength Index is using sophisticated calculation algorithm, which makes it a reliable tool in the decision making process of every trader. The Currency Strength Index is calculated in real-time, on every tick. The calculations are based on the 1 minute time frame. The colored indicator bars and percentage values for each currency are updated automatically every 5 seconds. It is relatively easy to find articles about trading systems that achieve positive long term historical results on highly liquid Forex pairs. However this becomes more difficult as we move to more exotic pairs since trading costs generally make the development of profitable trading systems for these symbols harder.

The entry and exit rules are shown below. Having evolved from the concept of trading bands, Bollinger Bands can be used to measure the highness or lowness of the price relative to previous trades. The default choice for the average is a simple moving average, but other types of averages can be employed as needed. Usually the same period is used for both the middle band and the calculation of standard deviation. By definition, prices are high at the upper band and low at the lower band.

This definition can aid in rigorous pattern recognition and is useful in comparing price action to the action of indicators to arrive at systematic trading decisions. Other traders buy when price breaks above the upper Bollinger Band or sell when price falls below the lower Bollinger Band. When they are far apart a period of high volatility in price is indicated. Traders are often inclined to use Bollinger Bands with other indicators to see if there is confirmation.

Tag: Bollinger Bands Trading, Bollinger Bands Strategies, Ma Bollinger, Bollinger Band trading trend, Bollinger Bands scalping. NY Fed: Nowcast GDP growth expectation eases to 2. With some of these forex sites, I have different kinds of collaboration which I’m happy with, and it’s also an opportunity to thank them. Forex Factory: The largest forex forum has an excellent calendar and a wonderful news section I’m proud to be a member of. FXStreet: My collaboration with this multi-lingual forex giant is with daily outlooks as well as aggregated weekly forecasts and previews of big events. Forex Live: Based on a blogging platform and publishing content like a Twitter feed, Forex Live is there for you all the time.

They include interbank moves that affect forex, constant news updates and lots more. It’s a great resource which I use daily. Alphaville: A blog of the Financial Times, Alphaville provides great analysis into macro analysis, helping understand the news behind the news. Trading NRG: In a world with everything connected to everything, it’s important to keep up with oil, gas, gold silver.

I’m happy to collaborate with Julie Sinha and provide commentary on a weekly basis. They are fine tuning the software all the time. I use their graphs on a daily basis. Currensee: The first forex social network has made huge steps forward in 2010. I truly believe in what they’re doing, and happy to work with them closely.