Orbex - Forex Trading Library

For traders looking for a trend following strategy, there is nothing better and simpler than using the moving average. One of the commonly used indicator, the moving averages form the basis for many different trend following strategies. In…
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Bollinger Bands® is an indicator that is widely used for measuring volatility. It was developed by John Bollinger in the 1980’s, a long time market technician and well respected in the industry. Bollinger Bands® are based upon a moving…
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Heikin Ashi, is the Japanese name for a type of Candlestick pattern which slightly differs from how price is calculated and represented. The main difference between the Heikin-Ashi Candlesticks and the traditional candlesticks is that…
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Stochastics oscillator is one of the standard and default indicators that are widely available with most trading and charting platforms, including MT4. It is one of the most popular oscillators for measuring momentum of the closing prices…
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While the traditional moving average cross over method offers a fairly decent trade set up, in times of ranging markets, the crossovers of the moving averages can get choppy resulting in quite a few losing trades. Instead of buying and…
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The Bank of England meets today at 12GMT to review its monthly monetary policy. Expectations are rife that the BoE will leave the policy unchanged, keeping interest rates low at 0.5%. Just a few quarters ago earlier this year, there was…
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Technical Preview of Crude Oil: As global crude oil prices continue to drop, OPEC countries cut pricing to maintain their market share Crude Oil prices hit a multi-year low as both the technical and fundamental outlook for WTI Crude…
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Daily Forex Preview for 6th November 2014 The US dollar gained since the start of yesterday’s European trading session as investors across the Atlantic digested news of the mid-term elections which saw the Republicans gain seats, taking a…
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Key Notes for November 5th • Dollar gaining strength on results of the US mid-term elections as Republicans seen gaining seats • Germany services PMI falls to 7 month low at 54.1 • UK Services PMI weak at 56.2 • Eurozone retail sales…
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EURUSD Monthly Technical Analysis From the monthly charts, EURUSD has been forming a major long term descending triangle pattern since early 2008. The major support level for this pair comes in at 1.23 – 1.22 levels, which will be a bit…
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