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Forex encyclopedia

Russian National Association of Securities Market Participants (NAUFOR) currently undertakes an active part in elaborating suggestions related to Forex regulation in Russia. Russian National Association of Securities Market Participants (NAUFOR) is a Russian Self-regulatory organization including companies with licenses of a professional participant of securities market or management company. History of this regulating body contains several stages. In 1994 year 15 companies having top positions on stock exchange market united within framework of Professional Association of Securities Market Participants setting its main goal in introducing unified rules of processing finance documents and supporting information openness in financial sphere. On November 30th of 1995 year Russian Self-regulatory organization was declared, whereas June, 21, 1996 is considered its official date of registration. By the moment Federal Financial Markets Service and NAUFOR represent an example of 2-level structure purposed to regulate financial market, which can be employed for the Forex market.
Parabolic SAR is the technical indicator developed by Welles Wilder for analyzing trend movements. The first time it was announced in a famous book “ New Concepts in Technical Trading Systems” published in 1976. SAR stands for as “stop and reverse”. Parabolic SAR is one of a few indicators that signalize about closing of positions. In many respects Parabolic is similar to a moving average with the only difference that SAR can change position against price. Under ascending tendency, the indicator is drawn under prices (candles, bars), under descending tendency it is put above prices. When price crosses Parabolic line, reversal of the indicator takes place.
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Forex encyclopedia
Forex encyclopedia “Clever FX” is the unique project created by “FreshForex” company to introduce fascinating world of Forex activity to traders. The point of this clever project is to share the knowledge base of experienced traders with beginners in easy and convenient form. At the same time, transliteration of the English world “clever” into Russian language (which is the origin language of this encyclopedia) gives the word “clever” in Russian which is translated as “clover”. This word means “luck” needed so much in trading! Here everyone of you will find something new. If you are an experienced trader, we invite you writing an article for “Clever FX”. In the near future we plan to embrace all crucial topics of Forex trading and rely on your help a lot. Let's write Forex history together!

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