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Employment Importance: 4/5 Release: Monthly Employment reports are viewed as a central measure to the strength and weakness of an economy. Although the US NFP (link) data is unique in its ability to move the market, employment and unemployment reports are a clear guide as to whether an economy is in a healthy state or [...]

The Percent Range (%R) technical indicator was developed by well-known futures author and trader Larry Williams. This system attempts to measure overbought and oversold market conditions. The %R always falls between a value of 100 and 0. There are two horizontal lines in the study that represent the 20% and 80% overbought and oversold levels. [...]

What Are Forex Indicators? Indicators are used for identifying, or even creating patterns from the chaos of the currency market. In all cases, they receive the raw market data as the basic input, and manipulate it in differing ways to create (as opposed to discover) actionable trading scenarios. The natural consequence of this description is [...]

MACD Indicator One of the most popular and common indicators used by forex traders today, the MACD is a trend indicator used to gauge the strength and direction of an ongoing trend. Developed in the 60s by Gerald Appel, MACD is a simple, and straightforward tool easy to grasp and use. The MACD is only [...]

Average True Range: the ATR indicator The ATR is an attempt at finding out about trader sentiment by comparing price ranges over a period of time. To do this in an easily understood and observed manner, the range values are presented in the form of an exponential moving average. Calculation of the ATR The average [...]

One of the more common technical tools used by traders, the Bollinger Bands were created by John Bollinger in the early 80s. The tool was not intended as a technical analysis item for trading decisions, but its perceived utility for that purpose has made it widely popular in the ensuing decades. It is likely to [...]

Demarker Indicators The Demarker indicator is named after Tom Demarker who claims to have developed this indicator to overcome the shortcomings of other overbought/oversold oscillators. There are different versions of it in the market; in some cases the indicator uses 0 and 1 as the maximum and minimum of oscillation, while in others the typical [...]

Fibonacci Series and Forex: The Power of Nature The Fibonacci series is the infinite sequence of numbers (0, 1, 1, 2, 3, 5, 8, 13 ..) in which each item is the sum of the preceding two. For example, 2= 1+1, 5 = 3+2, and so on. This sequence has been recognized and examined in [...]

Parabolic SAR Indicator Parabolic SAR (Stop and Reverse) is an indicator developed by J. Willes Wilder to discover and exploit profitable trends in all kinds of markets. It is a popular tool among technical traders, and a straightforward and as a simple mechanism for analyzing the markets, it offers some unique advantages over other tools. [...]