This is not zigzag channel but it is interesting channel indicator (attached). We can upload many channel indicators on one chart - for example:
The AUD/USD has been consolidating since reaching 0.9504 high of the year.After a sharp retreat, price held above the 0.9321 level and continued to consolidate sideways. This consolidation structure is turning up the bearish bias in July. It looks like traders are rounding out a price top. AUD/USD 4H Chart 7/18 Looking at the ...
Updated 07-18-2014 at 02:06 PM by BrokersMinutes
Where art thou volatility? Not here, nor there, but soon to revive, me thinks. Volatility in risk markets is simply the measurement of variation in prices which is often calculated over certain time periods and against the idea of a normal distribution. The most important markers are historical (statistical) volatility and implied volatility. Historical volatility is a retrospective measurement of actual pricing variations whereas implied volatility is the theoretical price of an asset taking into ...