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Protected: Forex Graduate Call 5-20-14: Which Time Period to Use
May 20, 2014 in FOREX Graduate Session
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Forex Graduate Call Notes 5-20-14: Forex Market Hours
May 20, 2014 in FOREX Graduate Session
Forex Market Hours When discussing market hours for the Forex market, there tends to be some confusion. Most investors are first attracted to trading currencies due to the fact that the market is open for 24 hours. Then why are references still made to market hours? When we trade currencies, trading begins on Sunday for a couple hours Greenwich Time and continues 24 hours a day through all but the last few hours of Friday Greenwich Time. At this point on Friday, trading is halted until Sunday. We can trade […]
Forex Graduate Call Notes 5-13-14: ADX
May 13, 2014 in FOREX Graduate Session
This indicator was created by Welles Wilder to help determine the strength of trend, whether the trend was positive or negative. He originally developed this indicator with commodities and daily prices in mind. There are three parts to this indicator: The Average Directional Index (measuring the trend strength), the Plus Directional Indicator (+DI) and the Minus Directional Indicator (-DI) which interpret the trend direction. When using this indicator, we suggest making sure you add two levels to the properties of this indicator. The levels would be 20 and 40. The […]