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#forex market density
blogivnt · 13 days
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Forex Market: Dwell Forex Charts and Foreign Money Rates
Forex market is a fast growing global market which can be described as an over the-counter currency market. Forex is the most liquid market with high trading density; it runs five days in a week, which are from Monday and up to the end of Friday. One of the major attractions of operating in this particular market is the fact that exchange rates change almost instantly as the supply and demand forces inevitably alter over time. In the case of Forex trading, the traders decide on the probable changes in the value of a specific currency pair. This is true because if they think the currency’s value is going to be higher they go for the pair while if they think it is going to go down they sell the pair. Current movements are pioneering where the price related to the basic and digital currency, Bitcoin, has risen sharply based on other events and investors’ sentiment.
Visit: Forex market dwell forex charts and foreign money rates tradingview India
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zenithforex · 11 months
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Maximize Your Currency Exchange Potential with Zenith Forex
In today’s globalized world, foreign currency exchange is a crucial aspect of international travel, trade, and investment. Whether you’re a seasoned traveller, a business owner, or simply someone looking to buy or sell foreign currency online, Zenith Forex is your trusted partner in navigating the complex world of currency exchange. Our platform offers a seamless experience, ensuring you get the best rates and services with just a few clicks.
Buy & Sell Foreign Currency
At Zenith Forex, we understand that currency exchange is not just about rates but also about convenience. Our user-friendly online platform empowers you to buy and sell foreign currency with ease. Say goodbye to long queues and the hassle of physical currency exchange offices. With Zenith Forex, you can manage your currency needs from the comfort of your home or office.
Our streamlined process ensures a hassle-free experience. Simply log in to your account, select the currencies you need, and complete the transaction securely. Our competitive rates and transparent fees mean that you get more value for your money, whether you’re buying or selling foreign currency.
Online Foreign Currency Exchange
Zenith Forex’s online foreign currency exchange service is designed to cater to your specific needs. With a few clicks, you can access a wide range of foreign currencies, ensuring you’re always prepared for your international endeavours. Our real-time exchange rates keep you updated on the latest market developments, allowing you to make informed decisions.
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Sell Foreign Currency
When it comes to selling foreign currency, Zenith Forex offers competitive rates that maximize your returns. Whether you have leftover foreign currency from your travels or need to convert earnings from international business, our platform simplifies the process. Just log in, select the currency you want to sell, and follow our easy steps to complete the transaction.
With a 2% keyword density, Zenith Forex provides a secure and efficient way to sell foreign currency online while ensuring you get the best value for your assets.
Online Currency Exchange
Zenith Forex is not just about buying and selling foreign currency; we are your comprehensive solution for online currency exchange. Our platform is designed to meet the diverse needs of travellers, investors, and businesses. With our user-friendly interface and competitive rates, we are your go-to partner for all your currency exchange requirements.
In conclusion, Zenith Forex is your trusted partner for all things related to currency exchange. Whether you’re looking to buy or sell foreign currency online, we offer a seamless experience that combines convenience, security, and competitive rates. Join us today and experience the future of currency exchange.
Don’t miss out on the opportunity to make the most of your currency transactions. Visit Zenith Forex and start your journey towards a world of seamless and efficient online currency exchange.
Read more at https://meditestlab.co.uk/maximize-your-currency-exchange-potential-with-zenith-forex/
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tradermade · 11 months
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joshuajacksonlyblog · 6 years
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Bitcoin Price Analysis: Bulls Look to Retest $4200 Into the Monthly Close
Bitcoin price is set to end a 6-month red candle losing streak today if the bulls can maintain a price above $3420. After a sharp $150 (4%) decline and subsequent sharp reversal, we take a look at the charts to try and get the lay of the land before the close.
MONTHLY CHART
Bitcoin price 00 opened the month at $3360 and managed to reach towards $4200 last week before suffering a setback on Sunday where the bears managed to take control while the bulls were taking profits and pushed BTC price back towards $3700.
The monthly chart shows that the bulls have managed to control the price action for the month, with there being more demand than supply in the low $3000s where the 50-week moving average lies as initial support, as it did during January 2015 after the 85% decline.
The MAC-D, which is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA, is still trending down and has some way to go before crossing above the signal (9-day EMA) and baselines to indicate that there is a longer-term shift in the market.
However, there is the first sign of the MAC-D histogram printing indicating declining bearish momentum. The histogram serves to show the distance between the MAC-D and the signal line and as such, when it is in decline, it illustrates that there is some movement towards a bullish cross of the two.
Although this is a good sign, there is some way to go.
DAILY CHART
The daily chart shows a conflicting picture. The drop from $4200 has been supported, initially by the 100-day moving average and following an aggressive dump overnight to $3658, quickly reversed off the 61.8% retracement, forming a pin bar reversal candle on the daily, which is bullish.
Having said that, the MAC-d has crossed its signal line bearish (but above the baseline) and there is some minor bearish divergence on the CMF.
The combination of these two technical aspects has traders at odds more so than usual as to the direction of travel expected.
4-HOUR CHARTS
Looking at the order flow charts as provided by Tensor Charts, we are able to visualize where there may be areas of support or resistance based on volume density and size of orders for a given price range.
As illustrated by the colored blocks, we can see that at Bitstamp, there is a cluster of support below the current price of $3819, which will serve to somewhat support the bullish case.
But the darker yellow areas above price illustrate that there are large sell orders already placed around $4050, which will serve as some resistance and will require strong bullish momentum at the top of the move to break through.
We can see how this occurred last time the bulls knocked at the door of $3700 and $4000 and subsequently became a block too far for the bulls at $4200.
The chart also serves to illustrate that Bids within 10 percent of the price range, exceed those of the Asks, which at face value, would indicate that there is more buying interest than selling interest at these prices.
It is likely that there will be a bullish or bearish move as we move into the Monthly candle close and the current bulls vs. bears battle will be settled before the end of the week.
Trade Bitcoin, Litecoin and other cryptocurrencies on online Bitcoin forex broker platform evolve.markets.  
To get receive updates for the writer you can follow on Twitter (@filbfilb) and TradingView.
The views and opinions of the writer should not be misconstrued as financial advice.  For disclosure, the writer holds Bitcoin at the time of writing.
Images courtesy of Tradingview.com, Shutterstock
The post Bitcoin Price Analysis: Bulls Look to Retest $4200 Into the Monthly Close appeared first on Bitcoinist.com.
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brandonfullers · 4 years
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Market Profile Momentum Breakout Forex Trading Strategy – MT5
Trading is a type of Game Theory wherein players win whenever they pick the choice which other players would choose. The reason why price moves up is because more market participants chose to buy that certain tradeable instrument or currency pair. On the other hand, price goes down whenever more traders chose to sell that particular tradeable instrument or forex pair. So, you should profit in a buy trade whenever much of the market chose to buy and sell whenever the market chose to sell. However, there is a catch. Those who made the last move are the ones who would lose. So, even in an uptrend market, the last set of traders who bought that particular forex pair or instrument would usually lose as the market should soon reverse. The same goes with a short trade. Those who were last to make the sell trade in an otherwise downtrend market would usually lose as they are caught as the market reverses back up. So, should we trade ahead of the market. Most profitable traders do not do this. They would usually wait for specific indications when price is about to move in their assumed direction. The sweet spot usually lies at points when the trade direction is confirmed yet at the same time it is still early on the price movement.
However, there are some traders who seem to be able to anticipate where price would make a strong move. It is either as a bounce or as a breakout. These traders typically have access to the “Depth of Market”, wherein they would see the pending orders so they know where the bulk of the orders are. However, as retail traders we usually do not have access to this. Also, the information on the Depth of Market tends to move very fast and would usually mean nothing to those who are not used to it.
There are other ways to predict where price may reverse or breakout. One of the more popular tools for this is the Market Profile.
Market Profile Indicator
The Market Profile indicator, although technically still an indicator, it is somewhat different to other types of technical indicator. It does not indicate trend direction, momentum, overbought or oversold price levels, or other indications that are usually provided by common technical indicators. The Market Profile on the other hand is somewhat a horizontal volume chart.
Volume is usually presented as histogram bars at the bottom of the chart corresponding each candle, as it is representative of volume on each period. Market Profile on the other hand shows us the volume traded at each price level. This creates bars that are plotted as horizontal bars.
The light violet line is the Point of Control. This is the price point wherein much of the trading volume has occurred. This line could act as a strong support or resistance area. This is because many traders are willing to make a trade at this price point.
The area between the lime and red lines is called the Value Area. This is the area in which 70% of the volume of transactions occurred. The lime line is the upper bound of the Value Area while the red line is the lower bound. These lines can also act as support or resistance levels where price could typically breakout of when there is strong momentum. This is usually because there is usually little resistance beyond the Value Area.
Areas with relatively high volume while being distinct from the Point of Control are called High Volume Nodes. Just as with the Point of Control, these areas can also act as support or resistance levels as there also many traders willing to trade at this price point.
The information given by the Market Profile can be priceless. This is because it tells us at which point price is more likely to breakout with strong momentum even before the actual momentum pulse occurred.
When trading momentum breakouts, what we are looking for is the point wherein there is only little resistance that could push against it. These are areas wherein volume is very low. Some traders would use the lime and red lines as these areas could also act as support or resistance levels. However, we could also observe where the volume tapers down. The area after that is usually an open space where a strong momentum pulse can move through.
We should also look out for High Volume Nodes. Price might breakout with strong momentum, but if the traded will be hitting a High Volume Node, there is still a high chance that price would just bounce back.
Breakouts typically occur at a point beyond the Value Area. In a bullish breakout, it should be above the lime line. In a bearish breakout, it should be below the red line. However, since we are looking at historical charts, these lines would have already moved intraday. As such, we will just be using the density of the volume on our examples.
Bullish Market Profile Momentum Breakout
Identify the point where the volume on the Market Profile has drastically tapered off above the Value Area.
Note the resistance levels above this point.
Wait for a strong momentum breakout above this area.
Enter a buy order as price starts to breakout with strong momentum above the resistance levels.
Set the stop loss above the entry candle.
Option 1: Trail the stop loss based on the low of each candle until stopped out in profit.
Option 2: Set the take profit target below the next High Volume Node.
Bearish Market Profile Momentum Breakout
Identify the point where the volume on the Market Profile has drastically tapered off below the Value Area.
Note the support levels below this point.
Wait for a strong momentum breakout below this area.
Enter a sell order as price starts to breakout with strong momentum below the support levels.
Set the stop loss below the entry candle.
Option 1: Trail the stop loss based on the high of each candle until stopped out in profit.
Option 2: Set the take profit target above the next High Volume Node.
Conclusion
Market Profile is probably one of the few technical indicators that can be used as a standalone technical indicator for a strategy. There are many professional traders who are consistently making a lot of money from the forex market and the futures market using Market Profile breakouts.
These examples however are not a complete picture of how the Market Profile breakouts would work. It is only on a live trade setting where you would see how the Market Profile style of trading works. It is not perfect, but it sure does work as many traders have made a fortune out of using a Market Profile indicator.
Forex Trading Strategies Installation Instructions
Market Profile Momentum Breakout Forex Trading Strategy – MT5 is a combination of Metatrader 5 (MT5) indicator(s) and template.
The essence of this forex strategy is to transform the accumulated history data and trading signals.
Market Profile Momentum Breakout Forex Trading Strategy – MT5 provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust this strategy accordingly.
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How to install Market Profile Momentum Breakout Forex Trading Strategy – MT5?
Download Market Profile Momentum Breakout Forex Trading Strategy – MT5.zip
*Copy mq5 and ex5 files to your Metatrader Directory / experts / indicators /
Copy tpl file (Template) to your Metatrader Directory / templates /
Start or restart your Metatrader Client
Select Chart and Timeframe where you want to test your forex strategy
Right click on your trading chart and hover on “Template”
Move right to select Market Profile Momentum Breakout Forex Trading Strategy – MT5
You will see Market Profile Momentum Breakout Forex Trading Strategy – MT5 is available on your Chart
*Note: Not all forex strategies come with mq5/ex5 files. Some templates are already integrated with the MT5 Indicators from the MetaTrader Platform.
Click here below to download:
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La entrada Market Profile Momentum Breakout Forex Trading Strategy – MT5 se publicó primero en Forex MT4 Indicators.
Market Profile Momentum Breakout Forex Trading Strategy – MT5 published first on https://alphaex-capital.blogspot.com/
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jezzyashton-blog · 4 years
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How to be Successful in Trading Forex?
You may happen to come over some ads about how you can earn cash through forex trading. Or yet come upon traders at discussions about their trading experiences and become full-time with forex. Some individuals are doubtful about whether making forex trading a possible business or if it deserves a try. Most traders fail to know the history of the condition when inquiring about this subject. For instance, one trader might brag about their success in trading, but, they never discuss how long it took for them to be productive.
How to be successful with forex trading?
To sustain your progress in trading forex, it demands a combination of experience from trading psychologically, knowledge of what and how the forex market runs, and risk management. For regular traders, time and commitment are two important factors to remain successful. And you also must have a reliable broker. The one that offers demo accounts where you can practice for free. It is to help you grow and improve your understanding of the forex market.
Can you gain income from forex trading? Is it worth the risk? These questions are normal when you are just beginning in the trading industry. And as a starter, you might want to seek out the advantages and disadvantages of forex trading first before investing. For you to ensure if it is going to be worth spending with. And to be an excellent trader, you must be adaptable.    
Exchanging currencies is about carrying out tactics with density.  And traders that consistently do everything are going to a set point. But, it is challenging to execute quickly if you are constantly changing movement. So we can assume that Forex trading is advantageous based on how well you perform your trades. Read Forex Trading in Malaysia to learn more about its benefits.
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johnattaway · 5 years
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robertbryantblog · 5 years
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lovelyfantasticfart · 4 years
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Mike Stewart, Downtown Vancouver Real Estate Specialist
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fxcfdlabo · 4 years
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U.S. Homebuilder Confidence Unexpectedly Jumps To New Record High
Reflecting historic traffic numbers, the National Association of Home Builders released a report on Wednesday showing homebuilder confidence jumped to a record high in September.
The report said the NAHB/Wells Fargo Housing Market Index shot up to 83 in September from 78 in August. Economists had expected the index to come in unchanged.
With the unexpected increase, the index rose to its highest level in the 35-year history of the series, surpassing the previous record high of 78 that was set last month and also matched in December 1998.
"The the suburban shift for home building is keeping builders busy, supported on the demand side by low interest rates," said NAHB Chief Economist Robert Dietz.
He added, "In another sign of this growing trend, builders in other parts of the country have reported receiving calls from customers in high-density markets asking about relocating."
The unexpected jump by the headline index came as the three component indexes also reached record highs in September.
The measure charting traffic of prospective buyers spiked to 73 from 64, the component measuring sales expectations in the next six months surged up to 84 from 78 and the index gauging current sales conditions climbed to 88 from 84.
However, NAHB Chairman Chuck Fowke noted many in the housing industry are worried about rising costs and delays for building materials, especially lumber.
"More domestic lumber production or tariff relief is needed to avoid a slowdown in the market in the coming months," Fowke said.
On Thursday, the Commerce Department is scheduled to release a separate report on new residential construction in the month of August.
Housing starts are expected to dip to an annual rate of 1.478 million in August after skyrocketing to a rate of 1.496 million in July.
Meanwhile, economists expect building permits, an indicator of future housing demand, to rise to a rate of 1.520 million after spiking to a rate of 1.495 million.
The material has been provided by InstaForex Company - www.instaforex.com from www.instaforex.com https://www.instaforex.com/forex-news/2163943.html?x=JNMBS
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saleggdbshoes-blog · 6 years
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brandonfullers · 4 years
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Market Profile Momentum Breakout Forex Trading Strategy – MT5
Trading is a type of Game Theory wherein players win whenever they pick the choice which other players would choose. The reason why price moves up is because more market participants chose to buy that certain tradeable instrument or currency pair. On the other hand, price goes down whenever more traders chose to sell that particular tradeable instrument or forex pair. So, you should profit in a buy trade whenever much of the market chose to buy and sell whenever the market chose to sell. However, there is a catch. Those who made the last move are the ones who would lose. So, even in an uptrend market, the last set of traders who bought that particular forex pair or instrument would usually lose as the market should soon reverse. The same goes with a short trade. Those who were last to make the sell trade in an otherwise downtrend market would usually lose as they are caught as the market reverses back up. So, should we trade ahead of the market. Most profitable traders do not do this. They would usually wait for specific indications when price is about to move in their assumed direction. The sweet spot usually lies at points when the trade direction is confirmed yet at the same time it is still early on the price movement.
However, there are some traders who seem to be able to anticipate where price would make a strong move. It is either as a bounce or as a breakout. These traders typically have access to the “Depth of Market”, wherein they would see the pending orders so they know where the bulk of the orders are. However, as retail traders we usually do not have access to this. Also, the information on the Depth of Market tends to move very fast and would usually mean nothing to those who are not used to it.
There are other ways to predict where price may reverse or breakout. One of the more popular tools for this is the Market Profile.
Market Profile Indicator
The Market Profile indicator, although technically still an indicator, it is somewhat different to other types of technical indicator. It does not indicate trend direction, momentum, overbought or oversold price levels, or other indications that are usually provided by common technical indicators. The Market Profile on the other hand is somewhat a horizontal volume chart.
Volume is usually presented as histogram bars at the bottom of the chart corresponding each candle, as it is representative of volume on each period. Market Profile on the other hand shows us the volume traded at each price level. This creates bars that are plotted as horizontal bars.
The light violet line is the Point of Control. This is the price point wherein much of the trading volume has occurred. This line could act as a strong support or resistance area. This is because many traders are willing to make a trade at this price point.
The area between the lime and red lines is called the Value Area. This is the area in which 70% of the volume of transactions occurred. The lime line is the upper bound of the Value Area while the red line is the lower bound. These lines can also act as support or resistance levels where price could typically breakout of when there is strong momentum. This is usually because there is usually little resistance beyond the Value Area.
Areas with relatively high volume while being distinct from the Point of Control are called High Volume Nodes. Just as with the Point of Control, these areas can also act as support or resistance levels as there also many traders willing to trade at this price point.
The information given by the Market Profile can be priceless. This is because it tells us at which point price is more likely to breakout with strong momentum even before the actual momentum pulse occurred.
When trading momentum breakouts, what we are looking for is the point wherein there is only little resistance that could push against it. These are areas wherein volume is very low. Some traders would use the lime and red lines as these areas could also act as support or resistance levels. However, we could also observe where the volume tapers down. The area after that is usually an open space where a strong momentum pulse can move through.
We should also look out for High Volume Nodes. Price might breakout with strong momentum, but if the traded will be hitting a High Volume Node, there is still a high chance that price would just bounce back.
Breakouts typically occur at a point beyond the Value Area. In a bullish breakout, it should be above the lime line. In a bearish breakout, it should be below the red line. However, since we are looking at historical charts, these lines would have already moved intraday. As such, we will just be using the density of the volume on our examples.
Bullish Market Profile Momentum Breakout
Identify the point where the volume on the Market Profile has drastically tapered off above the Value Area.
Note the resistance levels above this point.
Wait for a strong momentum breakout above this area.
Enter a buy order as price starts to breakout with strong momentum above the resistance levels.
Set the stop loss above the entry candle.
Option 1: Trail the stop loss based on the low of each candle until stopped out in profit.
Option 2: Set the take profit target below the next High Volume Node.
Bearish Market Profile Momentum Breakout
Identify the point where the volume on the Market Profile has drastically tapered off below the Value Area.
Note the support levels below this point.
Wait for a strong momentum breakout below this area.
Enter a sell order as price starts to breakout with strong momentum below the support levels.
Set the stop loss below the entry candle.
Option 1: Trail the stop loss based on the high of each candle until stopped out in profit.
Option 2: Set the take profit target above the next High Volume Node.
Conclusion
Market Profile is probably one of the few technical indicators that can be used as a standalone technical indicator for a strategy. There are many professional traders who are consistently making a lot of money from the forex market and the futures market using Market Profile breakouts.
These examples however are not a complete picture of how the Market Profile breakouts would work. It is only on a live trade setting where you would see how the Market Profile style of trading works. It is not perfect, but it sure does work as many traders have made a fortune out of using a Market Profile indicator.
Forex Trading Strategies Installation Instructions
Market Profile Momentum Breakout Forex Trading Strategy – MT5 is a combination of Metatrader 5 (MT5) indicator(s) and template.
The essence of this forex strategy is to transform the accumulated history data and trading signals.
Market Profile Momentum Breakout Forex Trading Strategy – MT5 provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust this strategy accordingly.
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How to install Market Profile Momentum Breakout Forex Trading Strategy – MT5?
Download Market Profile Momentum Breakout Forex Trading Strategy – MT5.zip
*Copy mq5 and ex5 files to your Metatrader Directory / experts / indicators /
Copy tpl file (Template) to your Metatrader Directory / templates /
Start or restart your Metatrader Client
Select Chart and Timeframe where you want to test your forex strategy
Right click on your trading chart and hover on “Template”
Move right to select Market Profile Momentum Breakout Forex Trading Strategy – MT5
You will see Market Profile Momentum Breakout Forex Trading Strategy – MT5 is available on your Chart
*Note: Not all forex strategies come with mq5/ex5 files. Some templates are already integrated with the MT5 Indicators from the MetaTrader Platform.
Click here below to download:
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La entrada Market Profile Momentum Breakout Forex Trading Strategy – MT5 se publicó primero en Forex MT4 Indicators.
Market Profile Momentum Breakout Forex Trading Strategy – MT5 published first on https://alphaex-capital.blogspot.com/
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virtualfaceengineer · 6 years
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Radio online Things To Know Before You Buy
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a4bvlne598-blog · 6 years
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What's a 4K TV
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