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Random article: Average True Range
Average True Range (ATR) is an indicator of technical analysis measuring volatility of financial asset. Originally, this indicator was purposed for trading with commodity futures. ATR indicator is not dedicated to forecasting direction of asset's movement and moreover does not have a goal to make any kind of forecasting. Average True Range is only meant to describe volatility (present variability) of instrument (asset) and is developed as a supplementary indicator of technical analysis, which must be combined with other indicators. In other words, Average True Range assists in analysis of one or another asset.
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Popular article: Financial Services Authority (FSA)
Functionally FSA does not depend on the British Government and is fully financed by the companies, which it supervises. While making management decisions, the board is guided by six main principles. 1. First of all, it is a common principle of legitimacy, which means that management of each separate firm is responsible for compliance of firm's business with all legislative requirements. It is management who must take care of internal control and risk management in organization. In this case participation of state authority in internal business of the company is minimized. 2. Principle of efficiency is in operation in every organization and declares that all resources must be utilized effectively.
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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!
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