Forex encyclopedia

Consumer confidence index (CCI) is the figure showing respond of consumers to current economic situation as well as their expectations or doubts in the future. This figure is used to monitor general conditions of the economy and forecasting employment tendencies. It is calculated since 1967. Monthly the New York-based Conference Board – non-profit research organization under the US Department of Trade and Commerce – surveys 5000 American families to find confidence level of citizens.
Popular article: Wolfe Waves Indicator
Wolfe Waves – one of the numerous methods for market analysis. The method based on Wolfe Waves does not imply indicator, it uses wave analysis. An author of strategy is a professional trader and analyst Bill Wolfe. The difference of analysis based on Wolfe Waves from Elliot Wave Theory is that analysis is made on the spot, because marking is not required on high or low time-frames.
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