Saturday, June 13, 2009

Trend Direction/Strength


In a trending market, oscillators would be ineffective as there is a strong movement in one direction. FX Universal’s proprietary model incorporates technical trend indicators, significant Support/Resistance levels, Fundamental flows and other variables in forecasting development of a trending market condition and its respective strength.

Trade Example: If a pair displays a strong bullish trend, dips would be identified for an optimal entry point. If trend is relatively neutral, overbought/oversold indicators would be analyzed to determine possible range plays.

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