Forex Trading and Miscellaneous

It cannot be denied that the Commodity Channel Index Indicator is one of the most reliable oscillators. Indeed, even though it was developed roughly three decades ago, the aforementioned forex trading aid is still considered by many as among the most impressive sources of currency trend predictions. Those who are merely beginning to discover the […]

The right timing is always the key to a profitable trade. Making the right trade at the right time is what every forex trader hopes to be able to achieve that is why they go to all extent to develop technical models and market analytics to help them determine the perfect timing for their trades.

As you well know by now, the indicator Ichimoku Kinko Hyo uses 5 lines which are similarly to the use of moving averages where crossovers indicate either a buying or selling signals. Here are some observations on what the crossovers of Ichimoku lines mean: The Kijun-sen or the standard line serves as the indicator of

Ichimoku is an integrated trading system where all the five component indicator lines have to work in concert with each other to produce an overall Ichimoku snapshot of a trading opportunity. Every strategy using the Ichimoku model must take the system as a whole rather than using each component in isolation.  This is the mistake made by

Ichimoku Kinko Hyo is a technical indicator developed by (of all people) a Japanese newspaper writer and builds on the Japanese Candlestick Charting Technique. It is said that its writer Goichi Hosoda developed this indicator in 1930 but spent the next 30 years perfecting it with the help of university students before finally releasing it

The Ichimoku indicator is made up of five indicator lines and a cloud. Trading signals are generated according the position of price movements relative to the Ichimoku lines and the cloud as well as when Ichimoku lines crosses over each other. It may appear to be a bit complicated at the start but once you

When should you use a fast or slow Stochastics indicator? Before that question is answered, you have to understand the difference between the two types of Stochastics. The fast Stochastic is the original indicator developed by Dr. George Lane and is intended to compare the closing price of a security to its price range for

Although the Stochastics indicator is effective in detecting trading signals when the currency market is in a trading range, it becomes more effective when combined with a compatible indicator such as the moving average convergence divergence (MACD). The two indicators work well together because Stochastics compare the closing price of a security to its price