A new exchange trader's guide to a technical analysis



HOME		 - Description of Technical Analysis -
A technical analysis is divided into a Trend following indicator, an Oscillator system indicator, and a piece rate indicator.
The fundamental view of each technical-analysis index and usage are carried. He buys a technical analysis and it shows an analysis person a sign, a sale sign, a profit-taking target value, a loss cut level, etc. However, many cheat also exists in an analysis result. It is necessary to discern whether it is the high sign of the establishment which reduces a cheat and leads to profits. It is very important work "to analyze" validity of a technical analysis by the combination of a technical analysis, the back test in each currency pair, etc.
Trend following indicator Oscillator system indicator Piece rate indicator
Moving average line Bollinger band Momentum Stochastics Volume ratio(VR)
Parabolic time price Envelope psychological line Directional Movment Index(DMI) Wako volume ratio(WVR)
Key leg New price leg % Ｒ oscillator separate line On balance volume(OBV)
Renkouasi P&F RSI RCI
ROC MACD Pivot
Technical analysis index-Trend following indicator-Bollinger band(Bollinger band)

Bollinger Band(Bollinger Band)

About Bollinger Band
Bollinger band is the technical analysis indicator which John Bollinger developed.
Bollinger band is the index which judges the range (range of prices) of a future market price, and reversal.
It pulls a band one [ at a time ] up and down, and vertical width is decided by standard deviation on the basis of a moving average line.

The view of Bollinger Band, and usage
Generally the view of this indicator is a view that price fluctuation is carried out between the vertical bands of Bollinger band.
上下のバンドに価格が接近、又は到達した場合、そこで反転すると判断してUPバンドに価格が
到達した場合は売り、Lowバンドに価格が到達した場合はその逆で買いという見方です。

又、価格が上下バンドを抜けた場合は抜けた方向への力が強いと判断するという見方もあります。
・価格がBollinger bandのUPバンドを上抜けた時点で上昇圧力が強いと判断
・価格がBollinger bandのLowバンドを下抜けた時点で下降圧力が強いと判断


Bollinger band


The calculation method of Bollinger Band

Upper Band =Moving average+Standard deviation
LOWバンド＝Moving average-Standard deviation
Standard deviation=√(period*期間内の終値の2乗の合計−期間内の終値の合計の2乗）÷（期間×（期間−1））

関連ページ　　Bollinger bandの活用
About a technical analysis My back test method
 -Back test vol.II-Back test vol.III-Back test vol.IV
A risk is mitigated by the distributed entry.
- Timing (time)
- Distribute an entry price.
- Distribute a dealings currency pair.(Diversified investment)		 The view of a candlestick
- candlestick
- The pattern of a candlestick
- candlestick and moving average line		 Practical use of a trend line
- Trend line (Trend line)
- How to pull a trend line
- The view of a trend line
- Outline 		Trend
- Trend (trend)?
- The present trend judgment
- The guess of trend conversion
Technical index practical use
Stochastics
- Stochastics
- Proper use of a dealing sign		 It sells and buys by the retrogression phenomenon.
- Retrogression phenomenon
 Practical use of a moving average line
- Support/resistance
- Buying on reaction/selling on price recovery to former levels		 Bollinger band
- Dealing sign
- Proper use of a dealing sign
The chart of a past rate（Candlestick chart/line chart）
USD/JPY chart EUR/JPY chart GBP/JPY chart
GBP/USD chart EUR/USD chart
Range-of-fluctuation data of each currency pair
USD/JPY EUR/JPY GBP/JPY
AUD/JPY EUR/USD GBP/USD
Forex or Technical analysis Books-
Foreign exchange rate real-time rate-Foreign exchange real-time chart-Forex treder's BBS-exchange-transactions company list
Copyright (C) Foreign exchange life.All Rights Reserved.
(A new exchange trader's guide to a technical analysis)