technical analysis: Average Directional Movement Index | SigmaForex
- 09/18/08 04:42 PM
Average Directional Movement Index J Welles Wilder has developed the Average Directional Index (ADX) to define trend force, whether the trend will develop further or will gradually weaken. The simplest trading method based on the system of directional movement implies comparison of two direction indicators: the 14-period +DI (yellow) one and the 14-period –DI (Green). To do this, one either puts the charts of indicators one on top of the other, or +DI is subtracted from -DI. W. Wilder recommends buying when +DI is higher than -DI, and selling when +DI sinks lower than -DI. To these simple commercial rules Wells … (1 comments)
technical analysis: Technical Analysis with SigmaForex
- 09/18/08 02:36 PM
Technical Analysis Technical analysis is the study of market action, primarily through the use the movement of charts for the purpose of forecasting future price trends movement. Technicians use technical indicators, chart patterns & technical strategies to forecast the next movement of the chart & compare it with the previous the run the trade in that base of comparison. * Sigma Indicators * Types Of Charts * Charts Patterns * Trading Strategies Sigma devotes serious effort to serve the emerging retail segment of the Forex community. Its commitment to providing an excellent customer service, innovative currency trading technology, and dealing practices, … (1 comments)
technical analysis: The Basic Theories | SigmaForex
- 09/18/08 01:21 PM
* Dow Theory The oldest theory in technical analysis states that prices fully reflect all existing information. Knowledge available to participants (traders, analysts, portfolio managers, market strategists and investors) is already discounted in the price action. Movements caused by unpredictable events such as acts of god will be contained within the overall trend. Technical analysis aims at studying price action to draw conclusions on future moves. Developed primarily around stock market averages, the Dow Theory holds that prices progressed into wave patterns, which consisted of three types of magnitude—primary, secondary and minor. The time involved ranged from less than three weeks … (1 comments)
technical analysis: FX Market | Sigma Forex
- 09/18/08 01:14 PM
Forex Trading different roles in the FX Market Central Banks And Governments Policies that are implemented by governments and central banks can play a major roll in the FX market. Central banks can play an important part in controlling the country's money supply to insure financial stability. * Banks A large part of FX turnover is from banks. Large banks can literally trade billions of dollars daily. This can take the form of a service to their customers or they themselves speculate on the FX market. * Hedge Funds As we know the FX market can be extremely liquid which is … (1 comments)
technical analysis: Types Of Charts with SigmaForex
- 09/18/08 11:39 AM
Types Of Charts A chart or graph is a type of information graphic or graphic organizer that represents tabular numeric data and/or functions. Charts are often used to make it easier to understand large quantities of data and the relationship between different parts of the data. Certain types of charts are more useful for presenting a given data set than others. The charts are one of the main interests at Sigma. Charts are a statistically noticeably technical analysis tool for a trader that wants to carry out successful trading. Currency charts bring clearly a single period of time and that period … (1 comments)
Average Directional Movement Index J Welles Wilder has developed the Average Directional Index (ADX) to define trend force, whether the trend will develop further or will gradually weaken. The simplest trading method based on the system of directional movement implies comparison of two direction indicators: the 14-period +DI (yellow) one and the 14-period –DI (Green). To do this, one either puts the charts of indicators one on top of the other, or +DI is subtracted from -DI. W. Wilder recommends buying when +DI is higher than -DI, and selling when +DI sinks lower than -DI. To these simple commercial rules Wells … (1 comments)
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