Alligator and Gator oscillators are one of many indicators developed by trader Bill Williams who tried to capture investors’ psychology and to identify periods of most intense activity. Observing price histories, he noted that the market is mostly stationary,...
The Economic and Monetary Union (EMU) was set up in 1992 when twelve countries signed the Maastricht Treaty (The Treaty on European Union). It was one of the main steps in further integration of EU countries aiming to provide...
After World War II as part of the framework of the Marshall Plan to rebuild Western Europe the Organization for European Economic Co-operation (OEEC) was established in 1948. Headquartered in the Chateau de la Muette in Paris, it aimed...
Bank of England
Eight-oldest bank in the world as founded in 1694, the Bank of England (BoE) began as a private bank that would act as a banker to the Government. The Bank was nationalized in 1946 which gave the...
Currency exchange dates back from ancient times when traders exchanged coins originating from different countries. Silver and gold coins were used and valued based on their weights and their size. In the Roman empire, the government held a monopoly...
A market order represents the most basic type of trade order and implies buying or selling a security at the current price. Securities are bought at the ASK price and sold at the BID price. If the trader needs...
Bollinger bands are one of the tools in the technical analysis used by traders to closely look at price movements. It was introduced by technician John Bollinger in the early 1980s. He took one moving average with two more...
Fractals are one of the indicators used in identifying trend reversals. Namely, fractals represent one of the simplest trade patterns, repeating over time. At least five bars in a bar chart are needed to form a pattern. Fractal can...
Purchasing Managers Index (PMI) is the leading indicator of the economic growth and directions of economic trends. It is derived from the survey of private businesses in specific sectors. The index is published monthly and observed by various market...
Momentum is the phenomenon that was empirically proved to exist in price movements. Momentum explains that stocks that have been recently performing well (winners) will continue to outperform and the stock that has been underperforming (losers) will continue to...
