How to use the charts
The forex charts implies more information than the ordinary graphs. This section shows you the basic how to use the charts and how to draw the trend line and the channel line, in addition to the support line and the resistance line which the forex market aims to build up the box range.
The directional movement
Once the direction in the forex market is decided, it has the power to keep the status in the same way as previous. This is called as trend. The stronger the trend, the longer it would keep powerful. Without forming trend, the forex market stays in a box range. The forex market is generated by these two phases. The trend follower benefits from the market sentiment. This section will show you the moving average which is necessary to trend analysis, and the Parabolic(SAR) and Bollinger bands.
Technical analysis for the excess to buy or sell
The forex market is going on with some excess to build up the mountain and to curve the canyon. The excessive movement in the forex market needs some correction with generating the current trend. The Oscillator analysis will show you the approaching the top or the bottom when those collapse. There are some famous tools, for example, RSI and Stochastics. In others, Williums %R is useful for the short term trading and the MACD is prepared for the trend analysis as well.
This web site has more than 300 pages. We put the Google window in the upper right on each page to surf in our sites for finding out easily what you want to look into. As you switch the button to www, you can search things from all over the internet. You can use it on your demand.