Forex encyclopedia

Random article: Accumulation Swing Index
In his book “New concepts in technical trading systems” Wilder says: “If ASI lays on the same day chart, comparison with chart's lines can be made along the tendency shown by the indicator. For someone, who knows how to draw meaning trend's line, this indicator can serve as a nice tool confirming lines breaking the trend. Wrong break ups will not be confirmed by relevant lines in the indicator's area. Since to a greater extent ASI uses Close prices, intraday up and down movements do not influence indicator's index value heavily.”
Popular article: Existing Home Sales Index
Sales of existing homes is the indicator helping to trace the number of sold houses per year on the existing home market. Also it can assist in forecasting about current confidence of buyers (consumer optimism) and their sentiment to buy precious assets. Index value is subject to great season fluctuations characterizing real estate market. Increase in volume of construction is closely related with the growth of income of population and is favorable towards economic growth. The data on the amount of sol houses is published on the fourth week of every month at 10:00 EST (New York). Market respond to this index is weak. Index growth is a positive factor for consolidation of national currency.
New in Encyclopedia
Picture of the day
Fibonacci Time Zones
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
Login