ATR is Average True Rage. created to find what is the "true" range of the market in the commodities as they suffered a lot of gap up and gap down, so this formula was created, in forex there are not many gaps, and the usually the sunday candle ...

How to properly use Technical Analysis

i can say yes and no at the same time, if you are looking for prediction in volatility the easiest way to do it in forex is by market hours. Asia usually is low in volatility while Europe open and Europe/America overlap bring more pronounced swings. ...

How to properly use Technical Analysis

it is also helpful to run some statistics on the euro as far as its behavior and usual distance it travels per day, expected exhaustion points, capacity and such..........................now we are getting into ATR which i will explain my ideas and ...

How to properly use Technical Analysis

So to answer your question now directly the theory is that low volatility will bring high volatility and high volatility regresses to low volatility. using the Bollinger Bands on your platform is fine, but the problem with it is that it calculates ...

How to properly use Technical Analysis

that question in itself requires a more complex explanation, you see volatility is made by price, so expected volatility would have to do with price oscillations. now buma gave a pretty good picture on price movement and price action which are the ...

How to properly use Technical Analysis

hows the market treating you?

14 Year Old Forex Trader's Lessons

bollinger bands — since i mentioned standard deviations, a very useful tool is bollinger bands as any other tool is not the be all to end all. but it mathematically measures possibilities as far as, expected volatility is concerned and it ...

How to properly use Technical Analysis

hey goldman nice to see you too, i took a vacation to clear the mind, i had too much on my plate. sleepless nights on call seeing patients, attending deaths, and changes of conditions, all the paperwork for medicare submission to do at the office. ...

EurAnalysis

buma lol you believe in the Planets having effect in the markets? i have never heard of such thing, do you care to elaborate? being more of scientific oriented thinking i find it rather superstitious but i will keep an open mind if you offer a good ...

EurAnalysis

i hope he does too. but take into consideration statistics and volatility if you calculate standard deviations from a monthly perspective Bollinger Bands 20,2 on a daily (although offers no predictive value whatsoever as nothing can) mathematically ...

EurAnalysis

i'd be careful shorting looking at the hourly chart yo use the area of 1.3440 offering suport and you got 1.36 as a resistance for now, shorting on this one is risky. step back re assess and enter when you see the picture clearer, opportunities will ...

EurAnalysis

some one is buying euros, or selling dollars either or, this bring the possibility of the euro being in fact at a low price viz a viz fair market value and not moving down further

EurAnalysis

my views on the euro for discussion sake not as a trade strategy, i mean after all what matters is if we are position correctly when those orders hit the book. i think the Euro needs a drastic reformation, it is simply unsustainable to have a ...

EurAnalysis

pretty good day for me overall, scalping the five minute chart and using the power of price reference, and standard deviations from fair market value.

EurAnalysis

but i am an AMERICAN, it is not in my culture to submit as an eastern mentor student, like karate kid. and as a professional myself, and as an individual, i find it distasteful, but anyway, this is ftis thread and recognize i am no longer welcome ...

Technical Analysis Fallacy

i got excommunicated for mentioning the devil himself the NUBCAKE i say it here to your face. i might not agree with how you proceed sometimes you are an asshole some time you act as a troll and you argue for the sake of argument, i believe you get ...

The Confession & The Secret

hey little dude, good luck in the markets thanks for all your comments, lets see what the market brings today

14 Year Old Forex Trader's Lessons

yeah nubcake is an asshole, and a troll lol but very smart, you gotta give him that, logic=logic, a+b=c fti insulted me, and did it in a language i do not understand (i find this disappointing and maybe its the American in me but above ALL ELSE I ...

Technical Analysis Fallacy

its a fucked up expression, i suppose i can excuse fti on his stress and health problems that he is becoming a bit confused and paranoid. i have no desire to argue or post quotes from fti himself here but he has stated the direction he EXPECTS the ...

Technical Analysis Fallacy