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Fundamental Analysis – an Introduction Fundamental analysis is the study of financial, economic, social, political and crisis data; that together forms the total economic situation of a particular economy for the purpose of forecasting future price movements. As stated in the Technical analysis section, there are indeed two basic schools of thought when it comes [...]

TOKYO -(Dow Jones)- With the yen at 15-year highs to the dollar and buoyant against the euro, the blue-chip exporters propping up Japan’s fragile economic recovery are left coaxing the government into weakening the yen, while stoically, if nervously, reiterating earnings forecasts in the meantime. Sony Corp. (6758.TO), Toyota Motor Corp. (7203.TO) and other Japanese [...]

One of the best known and least understood theories of technical analysis in forex trading is the Elliott Wave Theory. Developed in the 1920s by Ralph Nelson Elliott as a method of predicting trends in the stock market, the Elliott Wave theory applies fractal mathematics to movements in the market to make predictions based on [...]

The aim of technical analysis is to forecast price trends in future basing on the historical data along with the one of the volume. Technical analysts are sure that any fundamentals and even expectations have affection to exchange rates changing being the factors of the market. Any private investor can have an access to the [...]

The goal of a market analysis is to determine the attractiveness of a market and to understand its evolving opportunities and threats as they relate to the strengths and weaknesses of the firm. David A. Aaker outlined the following dimensions of a market analysis: Market size (current and future) Market growth rate Market profitability Industry [...]

The patterns link to form five and three-wave structures which themselves underlie self-similar wave structures of increasing size or higher “degree.” Note the lower most of the three idealized cycles. In the first small five-wave sequence, waves 1, 3 and 5 are motive, while waves 2 and 4 are corrective. This signals that the movement [...]

Scalping using important news Look for the important news to be released. Choose the most influential ones that are expected to shake the market well. Once got news (last can be found in any Forex economic calendar) find out which currency pair is going to be affected. Now, 15 minutes before the data is released [...]

The Ichimoku Kinko Hyo Use Commonly used in Japanese trading rooms, Ichimoku is often applied to establish the trend for a pair and detect trend breakouts. It is decent during range bound markets and like most indicators performance often improves when used over longer time frames. History The Ichimoku Cloud was originally called the ‘Ichimoku [...]

1. Line Charts in Forex In line charts price is displayed as a point in the map. The consequent price points connect through a line called price line. This type of chart is characteristic of the trend of the price of the currency but provides little supplemental information. This type of charts is rarely used [...]