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Producer price index (PPI) embraces all stages of production starting from commodities and ending with retail. To measure index, change in price for about 3450 kinds of goods at various stages of production is analyzed. The closest attention is paid to the price for final good, because it gives the most probable price for goods that are ready for sale. Wholesale prices are taken into account. Measurement does not take into account import goods and services, but accounts for the cost of import commodities and component kits.
Popular article: Tirone Levels
Tirone levels represent a sequence of several horizontal levels decreasing in succession. This method is used for determining support and resistance levels within trading range at definite moment of time. Tirone levels were elaborated by John Tirone. In practice, TL are applied to improve visual reception of price movement. Also through these method of technical analysis one can generate signals for opening positions. For example, if price reaches TL from upward – it is an alert for purchase and a signal for sale is received, when prices approaches from bottom.
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Simple Moving Average. SMA Forex
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