Search for 1 CAD in USD in 2006
30 Minutes Trend Line Tips
Monday, November 6th, 2006Last month on October i’ve wrote simple article include video drawing with trend line.
And now i would like to implement the trend line with 30 minutes chart on USD/CAD pair.
The first step to trend line construction, and most important, is the selection of the two points to create the trend line . With trend line diagonal, find the highest price that was in 1.1364,
look at the figure 1st poin was in 1.136 and 2nd poin in 1.1364. To find the 1st poin, you need to take a horizontal line and mark the point where the vertical line coming from the highest high recorded above the trend line intersect with the trend line.
Note the two values listed on the chart. In the next step i take the difference between the highest high recorded above the demand line and the point where the demand line is intersected by the vertical line.
Trends Terms:
Spreads in Marketiva forex platform
Sunday, September 17th, 2006
What are spreads in forex?
Spread is a difference between buy(long) or sell(short) for pair of currency.
How much spreads ?
And here is some spreds list for some pairs in Marketiva.
Trends Terms:
Related Terms: GBP/JPY Blog + 2006, 2006 Forex Reserve Graph,
