USD/JPY 21-5-2013

USD/JPY 21-5-2013

Current level is 102.73

My outlook here is negative, for a break through 102.45 minor support,  to 101.80 crucial low. A clear break below the latter will signal a broad consolidation pattern for 101.24 and probably 100.00 sentiment area.

good luck

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EUR / USD 21-5-2013

EUR / USD 21-5-2013

Current level is among 1.2876

The bias here is positive above 1.2840-50 support area 

and I favor a rise towards 1.2940 and 1.3020. 

Crucial on the downside is 1.2840 and initial minor resistance is projected at 1.2900.

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Relationship of time and price on the Forex market

Relationship of time and price on the Forex market

The price is the primary goal of all Forex traders but you must examine the relationship between price and time .

What is the change in value of the currency during the period.

The question that arises now is. ...

You can determine the expected value of the change in the currency rate at the previous time period?

Yes certainly can be done but this needs to be studied to different market variables

And follow news affecting the price

Several indicators can be used to help predict the direction of the currency during future periods

These indicators.

-moving average ..... And how you can determine the average price value during the period of time you specify

-Bollinger bands ... ... And is an important indicator determines the range of currency transaction over a period of time determined in advance

There are many indicators that help determine the relationship between time and price that can help us a lot in expectation of the next market movement. and dont forget that The key factor for success in the Forex market is risk management, not risk so that capital market fluctuations.

good luck

by Aladdin H

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Bollinger Bands Indicator Measure The trend Forex

Bollinger bands include the development of courses within an envelope used to both support and resistance, an indicator of trend and volatility.
The standard deviation Bollinger bands is calculated based on market volatility. More courses vary, faster bands differ.

According to John Bollinger, the only use of this system does not generate strong position and should be used with other technical indicators.

Defaults

- A simple moving average 20 days

- High Band = moving average 20 days + 2 standard deviations to 20 days of average

- Low Band = moving average 20 days - 2 standard deviations to 20 days of average
Use of Bollinger Bands

- Identify a change in trend

The price changes tend to occur after a narrowing of the bands.


Bollinger Bands

- Measure the Force of a trend

The greater the gap between the lower band and upper band, the greater the tendency is strong. Lessons emerging bands give a strong signal of continued trend.


Bollinger Bands

- Playing round trips between bands

Tapes can be used as support and resistance. After touching a band, classes tend to want to go touch the opposite band. This technique may be useful in a market without trend and when the bands are parallel.
 

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