How to detect forex trends Detecting a trend is an important part of predicting direction in a currency pair. Tomorrow’s prices usually follow or continue today’s trend. There will, of course, be reversals and ranging behavior within the trend but it is easier to trade with a known trend than to predict when it changes. The task of the forex trader is to detect variations or waves of sentiment. The trader needs to ask: is there a shape to changes in sentiment and can it be detected? ...
Swami Volatility ---------- SwamiVolty_v2 indicator was created for Premium Trading Forum. This is Swami Volatility indicator with UniEMA used for smoothing of raw data. ---------- You need to subscribe to Premium Trading Forum to read and to download.
Multi-Dimensional Fractal Stochastic ---------- FractalStochasticMD_v3.1 indicator was program for Premium Trading Forum. This indicator gives you the multi-dimensional view for the OverBought/OverSold conditions where the UniEMA is used for the smoothing. ---------- You need to subscribe to Premium Trading Forum to read and to download.[/QUOTE]
The Australian dollar weakened against the other major currencies in the Asian session Friday and held steady thereafter, after the Reserve Bank of Australia said it would continue to keep its accommodative monetary policy some more time and as China's consumer price inflation slowed in April. In its monetary policy statement, the RBA reiterated its commitment to hold interest rate unchanged for the foreseeable future. The board's outlook on inflation suggests that ...
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