Forex Rocket - All you have to know about Forex

The meaning of such calculations becomes evident on the chart: the OsMA turns a bit faster than the MACD, not to mention the classic signal for trades on all types of oscillators which crosses the zero line much earlier. Technical analysts have appreciated the idea of averaging the MACD differences by including the Moving Average of Oscillator in the standard indicator package of most standard trading platforms. However, traders rarely use this derivative, preferring to include the "classic MACD" in their strategies. The article will help the reader to grasp the idea of the tool calculation and understand the advantages and disadvantages of OsMA. Description of the indicator One of the most widespread up to now strategies to work on the trend is the technique of entering on the crossing (crossover) of "fast" and "slow" moving average lines. It was just one trading signal, until Gerald Appel created the MACD, supplementing the signals of the curves with a h

 Bar (candlestick); Closing price to determine the direction of the candlestick; Volume; Relative changes in trading volumes and spread for the previous period. Bill Williams has reflected all of the above points in one concise formula, the "market simplification index" BW MFI: The results of the calculations were displayed on the chart as a four-color histogram, depending on the change in the numerator and denominator indicators compared to their previous values, to account for the fourth postulate of the VSA:  The bar graph is colored green when the numerator (High low) and denominator (Volumes) increase simultaneously;  Brown occurs when the numerator and denominator decrease simultaneously; A rising trading range on falling volume yields blue;  Pink neutral occurs when the numerator falls when volumes in the denominator rise sharply.  The formula covers only three of the four rules described above. The closing price of the candle and the trend direction are determined by

Fibonacci levels in Forex Let us presume that the Fibonacci levels (UV) today is if not every second, every third or fifth successful trader. Themselves UV are not a trend indicator, but allow you to more clearly see the big picture from what level the price will jump back to what level will go etc. First, let's find out the origin of this tool. Fibonacci levels - the origins In the XIII century, the famous Italian mathematician Leonardo Fibonacci was discovered a simple sequence of numbers: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144. Each number in the sequence is the sum of two previous ones (except for 1 and 1, of course). For example, 2 is 1+1, 13 = 5+8 etc. Mathematician discovered that when dividing two adjacent numbers (smaller to larger) the result is always the same (rounded). For example, 21/34 = 0,618, 55/89 = 0,618 etc. The last pattern - if we divide any of the numbers on the number following after him +1, we obtain the relation, close to 0,382. For exampl

Wave analysis Elliott Analyzing the price movement at different time intervals, the Creator wave analysis determined that even the psychology of the market, i.e. players bidders, there are certain regularities. The behavior of the masses (the crowd), which is important for any financial market, from the point of view of psychology goes 6 - stage expansion, enthusiasm, euphoria, sedation, decline and depression. Basic postulates of wave theory Elliott said, that the price movement in any market there are waves that allows one to predict the further development of the situation. According to Elliott, there are 2 models of the market is “bullish” and “bearish”. In a bear market there are no sharp price movement rates. In General, for such a market is characterized by calm during all processes. On the contrary, a bullish market is aggressive and dynamic price constantly jumps up or down, volatility remains high. In wave analysis Forex , as well as in any other market, there

Pin Bars - Price Action setups The tops of the bars on each side "nose" are the "eyes". Please note that Open and Close PB, ie nose should be in the redistribution of the left eye. Pin-bar can be traded as a single figure, and in combination with others. These include Fibonacci levels, important pivot levels (reversals), moving averages, peaks and main swing, fusion (the MA or Fib levels), rollbacks of current movements (not less than 23% Fib). For greatest reliability worth trade PB occurring at the maximum or minimum swing, or repelled from the merger. Figure 2 PinBar - a very reliable pattern Price Action. Trading on the pin-bars For beginners we recommend to put a stop order (or limit) directly under the base of the PB, about 10 points lower. Foot and input orders should be placed in 10 locations from the extrema, as the price may be a bit to go beyond the maximum or minimum. Figure 3 If current orders we receive profits, trail the

Forex Technical Analysis using a trend line One of the simplest, and therefore - popular tools of technical analysis is the trend line. It would seem that it is easier? Couple the two price minimum or maximum on the chart with one line and all. However, this simple action helps a lot in real trading. With the help of the trendline trader always sees the trend in the market. Therefore, it gives him the opportunity to take a position on pullbacks from the graphs of small formations in the direction of the trend older period, and vice versa, to make the decision to close the deal when the price crosses the current trend line. (Pic.1) With the trend lines are very convenient to denote known graphic shapes, ie those price patterns, without which the Forex technical analysis is simply impossible. (Pic.2) For example, you can set the rectangle flag or pennant, which will show us the flat, ie, the state of the market when the price fluctuates within a certain range. In thi