Forex encyclopedia

Within the framework of regulations of the USA financial markets, NFA primarily implements the function of control over proper compliance of organization members with the Federal laws as well as standards set CFTC. To cope with fraud and various abuse against stock and Forex brokers, NFA takes a number of measures first of all including supervision over implementation of clear-cut rules regarding advertising, public notification about risk, satisfying requirements to capital of company and competence of employees. Speaking about specific measures, we can distinguish the following...
Popular article: Square 4 (box)
Putting price and time zones on chart under W.D. Gann method is called “squaring”. The box can be built through squaring of both price and time. The best performing square is the square built according to Gann's arithmetic patterns. As per Gann methodology, box is a pattern chart. Those charts are called pattern charts, because for building them Gann takes a certain size along X and Y, size of charts is closely connected with Gann cycles. The most popular pattern charts are “Square 4”, “Square 144” and “Square 360” a full cycle. The number in name of chart means the number of periods as per price and time. There are a few ways of building those charts.
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