Forex encyclopedia

Random article: Dow Jones Index
Dow Jones Index (abbreviated as DJI) was introduced by Charles Henry Dow in the end of the 19th century. Charles Dow was an editor of Wall Street Journal newspaper and a founder of Dow Jones & Company. This index was purposed to trace development of industry branch of the US stock markets, therefore it was named “industrial”. Originally it represented an arithmetic average of 12 largest stocks of American industrial companies. Over the years the number of constituent companies grew, and by this moment Dow Jones industrial includes indices of 30 largest companies of the USA representing a scaled average of their stock prices.
Popular article: Chaikin Oscillator
It is commonly known that the concept of Accumulation /Distribution indicator is contained in the theory stating that force of pressure of purchasers or vendors can be calculated in relation to Close price to High and Low of a respective time period. In other words, it can be stated that when price closes in the upper half of trade range (distance between High and Low), purchasers dominate on the market, or when price closes in the bottom half of trade range, there is a pressure from the side of vendors.
New in Encyclopedia
Picture of the day
Detailed statistics of a trading signal
Forex encyclopedia
Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus