Showing posts with label research. Show all posts
Showing posts with label research. Show all posts

Thursday, June 12, 2008

Pivot Calculator

Pivot Calculator

There are many ways to find support and resistance price levels, but one good and fairly easy to use "Pivot Points". You find them using a "Pivot Calculator"

Why use IT? They are a long proven, reliable, widely used predictive tool that helps take a lot of the guesswork out of determining exactly where and when to enter or reverse a market position. When entering a basic simple entry, Pivot levels help to you determine in what direction you should go. And they will go a long way to calm fears when trading in real cash.

Pivot points, a technique developed by floor traders, help us see where the price is relative to previous market action.

Pivot Points: Pivot point is a level in which the sentiment of the market changes from “bull” to “bear” or vice versa.

Pip Calculator

Sigma Forex provide Pip value calculator in order to make it easy for clients to calculate the value of spreads also clients can use it if they want to know a price of a single pip for any Forex traded currency.


Fill in the required pair and the traded lot size to get the pip value of the pair.

Please enter the following fields in order to calculate Pip Value.

For more info …

Advantages of Forex

Advantages of Forex


• 24-hour trading, 5 days a week with non-stop access to global FOREX dealers.

• An enormous liquid market making it easy to trade most currencies.

• Volatile markets offering profit opportunities.

• Standard instruments for controlling risk exposure.

• The ability to profit in rising or falling markets.

Leveraged trading with low margin requirements.

• Many options for zero commission trading.

• Easily accessible and attractive for the investors of different levels.

• Protect your revenues from foreign currency transactions by hedging against exposure to adverse rate movements.

Trading Forex has much lower transaction costs than other investment products, a very important point for active traders.

Pricing

Pricing

Price reflects the perception and action taken by the market participants. It is the urgency between buyers and sellers in the trading pit that creates price movement.

Thus, all fundamental factors are quickly discounted in price. Therefore, by studying the price charts, you are indirectly seeing the fundamental and market psychology all at once - after all the market is feed by two emotions - Greed and Fear and once you understand that, then you begin to understand the psychology of the market and how it relates to the chart patterns.
Data Window.

Most computer programs will display a small box of data usually called a display window which will contain the following items:

O = Opening Price
H = Highest Price
L = Lowest Price
C = Close or Last Price
Tr = Volume or number of trades (not contracts) in that time period.

Profit Potential in both Rising and Falling Markets

Profit Potential in both Rising and Falling Markets

In every open FX position, an investor is long in one currency and shorts the other. A short position is one in which the trader sells a currency in anticipation that it will depreciate. This means that potential exists in a rising as well as a falling market. The ability to sell currencies without any limitations is another distinct advantage over equity trading. In the US equity markets, it is much more difficult to establish a short position due to the Zero Uptick rule, which prevents investors from shorting a stock unless the immediately preceding trade was equal to or lower than the price of the short sale.