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 indicator-Trend following indicator-Moving Avegrage line

Moving Average line(MA)

Moving averages are average prices for the past few days or months
Moving Average-The kind of Moving Average
- Simple Moving Average(SMA) - Exponential Moving Average line(EMA)
- Relative Moving Average(RMA) - Weighted Moving Average(WMA)

Moving Average is a technical indicator Trend following indicator type for seeing the directivity of a market price etc.
Moving Average is the technical-analysis indicator which can be used as a support line and a resistance line.

The directivity of a forex market price is judged by the crossing of Moving Average.
Short-term Moving Average line and long-term Moving Average line are pulled.

When short-term Moving Average exceeds long-term Moving Average upwards from the down, it can also be judged as a bull market.
When a short-term moving average line is less than a long-term moving average line, it can also be judged as a bear market.



Simple Moving Average(SMA)

About a Golden cross/Death cross

IIt is called a
Golden cross when a short-term moving average line exceeded a long-term moving average line.
The fundamental view of a Golden cross judges it as a bull market.
It is called a
Death cross when a short-term moving average line lowered than a long-term moving average line.
The fundamental view of a Death cross judges it as a bearish market.
-Golden Cross - Death Cross
Moving Average Golden Cross Moving Average Death Cross

The calculation method of Moving Average. All the calculation period is five days.
Day closing price=E
Day before closing price=E1
2Days before closing price=E2
3Days before closing price=E3
4Days before closing price=E4
Simple Moving Average(SMA) (E+E1+E2+E3+E4)/5
Exponential Moving Average(EMA) EMA the previous day+a(E-EMA the previous)
a=2/(N+1) (5 is substituted to N.)
-Calculation of the first day
SMA is used when there is no EMA the previous day.
Relative Moving Average(RMA) ((5-1)*RMA the previous day+Day closing price)/5
-Calculation of the first day
SMA is used when there is no RMA the previous day.
Weighted Moving Average(WMA) (5*E+4*E1+3*E2+2*E3+1*E4)(5+4+3+2+1)

About Resistance
- Beyond the Level is Point (Level of Price) Considered to be Hard to Go Up.
About Support
- Below the Level is Point (Level of Price) Considered to be Hard to Go down.

Relation page of a moving averageThe practical use method of a moving average

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)