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Tag: indicators

Forex Correlation (1)

2 May, 2011 (11:08) | Technical Analysis | By: Dave

Many years ago I was introduced to the concept of correlation and its use on Forex. I tried it and frankly had some success with it. Basically I picked a pair whose price actions correlated well with each other and trade them simultaneously as if they were one entity. Most of the time the prices [...]

Momentum Oscillators (2): Examination of Some Common Uses

16 August, 2010 (17:58) | Technical Analysis | By: Dave

In this article we are going to look at some common uses of momentum oscillator, specifically the Rate-of-Change (ROC) oscillator. The use of Relative Strength Index (RSI) is similar and will not be disccused here. As in the case for moving average, we will try to examine each case by “translating” the statement into English [...]

Momentum Oscillators (1): Basic Definition

13 August, 2010 (14:28) | Technical Analysis | By: Dave

In order to succeed in any investment or trading, be it buying a security or opening a restaurant or having a share in a local ice-cream store, you have to know exactly what you are doing instead of simply relying in a number of a set of numbers. In this article we are going to [...]