Using Bollinger Bands

by | January 22, 2010 1:46 pm
One of the more popular technical indicators in use today is Bollinger Bands. Created by John Bollinger in the early 1980s, this tool is essentially a Moving Average with a volatility filter.

The Use of Moving Averages

by | November 10, 2009 7:44 am
Moving Averages may be the most popular technical indicator because they are easy to understand. After all, a 10-day Simple Moving Average is calculated by just taking the closing prices of the last 10 days, adding them...

Secondary Data

by | November 6, 2009 8:52 am
Retail Sales Measures total receipts of retail stores from samples representing all sizes and kinds of business in retail trade throughout the nation. It is the timeliest indicator of broad consumer spending patterns and is adjusted for...

Prime Data

by | November 6, 2009 8:45 am
Purchasing Managers Index (PMI) The National Association of Purchasing Managers (NAPM), now called the Institute for Supply Management, releases a monthly composite index of national manufacturing conditions. The index includes data on new orders, production, supplier delivery...

Relative Strength Index Explained

by | February 24, 2009 5:00 am
Relative Strength Index (RSI) is used to quantify the strength of the entire set of ascending movements in opposition to all descending movements within a given period of time. The following is the Relative Strength Index equation:

Average True Range

by | January 24, 2009 12:04 pm
The task of the Average True Range (ATR) indicator is to gauge volatility over a certain period of time. Keltner Channels and Starc Bands are examples of other systems for trading in which ATR is also used.

How to use Bollinger Bands for Forex trading?

by | January 20, 2009 6:54 am
Discovered by John Bollinger, the Bollinger Bands is a simple moving average based tool that allows people in Forex trading to estimate the instabilities and trend in the Forex market. Let us have a brief look at...

Using Moving Averages

by | January 18, 2009 3:17 pm
The purpose of moving averages is purely to determine the mean exchange rate or price of currency pair in a given period of time. The simple moving average (SMA) and the exponential moving average (EMA) are the...