Forex Strategies for High and Low Volatility Markets 7 docx

... more demand there is for stocks and other investments denominated in that currency, the more pressure there is for higher interest rates, and the stronger the currency is. Conversely, the slower ... is room for higher interest rates created by demand for more money and thus a stronger currency. If busi- ness activity is contracting, higher interest rates are a threat to commerce...

Ngày tải lên: 20/06/2014, 23:20

... close was lower than the low of the preceding candle or candles. Similarly, if the previous candles had developed a pattern of lower lows, lower highs, or lower closes, a change-of-direction candle ... price bars or candles exhibiting lower highs, lower lows, and lower closes; Support and Resistance 83 Figure 5-2 Importance of Waiting for a Close above Resistance Individual Candles C...

Ngày tải lên: 20/06/2014, 23:20

... after a higher low, it is particularly significant. The market agrees, as we see USDCHF accelerate higher the next day. Higher high and intermediate-term trendline violation. The higher high coming ... support and resistance levels created by isolated lows and highs, the RSI’s isolated lows and highs become significant support and resistance levels and are well worth reviewing....

Ngày tải lên: 20/06/2014, 23:20

... shooting star candle tells us the market is indecisive, and the candle that closes below that low would be a change-of-direction candle by definition because it closes below the low of the doji. ... pattern of highs and lows and gauging the momentum before making the decision to go with a trending strategy in which once she is in the trade, she may use a lagging indicator and plan...

Ngày tải lên: 20/06/2014, 23:20

... as they have been forced to risk higher percentages of their account balances. In forex the margins are even higher, and that makes it more treacherous for novice traders. Margin in forex can range ... change- of-direction candle until the stochastic already had turned down, and the market remained below our stop. For #3 Buy we exited the short and entered a long position and...

Ngày tải lên: 20/06/2014, 23:20

... 73 75 benchmark candle, 75 77 body size, 57 58 bullish candle formations, 60 bullish engulfing pattern, 73 , 74 change-of-direction candles, 69 70 color, 55 daily, 62 doji, 59, 69 hammer, 71 , 72 higher ... Candlestick charts, 55–80 bar charts, contrasted, 56– 57 bearish candle formations, 61 bearish change-of-direction candles, 77 78 followed by lower highs and lows, 79 –80...

Ngày tải lên: 20/06/2014, 23:20

... Patterns Double top and double bottom formations Triple top and triple bottom formations Head and shoulders top and bottom formations Rising and falling wedge formations A quick word on patterns before we ... markets and traders. We see support and resistance in the form of previous daily highs and lows and the trendlines created by them, pivot points on all time frames,...

Ngày tải lên: 22/06/2014, 12:20

... after a higher low, it is particularly significant. The market agrees, as we see USDCHF accelerate higher the next day. Higher high and intermediate-term trendline violation. The higher high coming ... support and resistance levels created by isolated lows and highs, the RSI’s isolated lows and highs become significant support and resistance levels and are well worth reviewing....

Ngày tải lên: 22/06/2014, 12:20

... as they have been forced to risk higher percentages of their account balances. In forex the margins are even higher, and that makes it more treacherous for novice traders. Margin in forex can range ... they formed their base. In this case, the base was created while moving north to south, or higher to lower, and the market was exhibiting a pattern of lower highs. However, we still w...

Ngày tải lên: 22/06/2014, 12:20

... price bars or candles exhibiting lower highs, lower lows, and lower closes; Support and Resistance 83 Figure 5-2 Importance of Waiting for a Close above Resistance change-of-direction candles or bearish ... developed a pattern of lower lows, lower highs, or lower closes, a change-of-direction candle would be a candle that closed above the high of the previous candle or candles. Figur...

Ngày tải lên: 22/06/2014, 17:20