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Bill M. Williams (1932–2019) [1] was an American trader and author of books on trading psychology, technical analysis, and chaos theory [2] in trading the stock, commodity, and foreign exchange (Forex) markets. His study of stock market data led him to develop a number of technical analyses that identify trends in the financial markets.
Money management: Another decisive factor of trend following is not the timing of the trade or the indicator, but rather the decision of how much to trade over the course of the trend. Risk control: Cut losses is the rule. This means that during periods of higher market volatility, the trading size is reduced.
Currensee Social Indicators provided real-time, aggregate trade information by currency pair along with volume, percentage short/long, and winning/losing across the community. Members could see which of their “trading friends” were trading a particular pair and could use that information to make more informed trading decisions. [ 15 ]
Algorithmic trading is a method of executing orders using automated pre-programmed trading instructions accounting for variables such as time, price, and volume. [1] This type of trading attempts to leverage the speed and computational resources of computers relative to human traders.
The absolute currency strength (ACS) is a technical indicator used in the technical analysis of foreign exchange markets.. It is intended to chart the current and historical gain or loss of a currency based on the closing prices of a recent trading period.
Currency strength index expresses the index value of currency. For economists, it is often calculated as purchasing power, [1] while for financial traders, it can be described as an indicator, reflecting many factors related to the currency; for example, fundamental data, overall economic performance or interest rates. [2]
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