Forex Alte Karten

Your Destination for Free Forex Charts. Welcome to the premier resource for all of your forex chart needs. No matter what your experience level, we will keep you in tune with the market and help you on your way to becoming a successful trader. If you are an experienced trader already, here you will have the opportunity to rediscover some of the fascinating properties of forex trading charts, refreshing your grasp of the subject, and perhaps even acquiring some new insights along the way. EURUSD: Where the action is All Currency Pair Charts Our extensive forex charts section covers the nine most popular currency pairs. Every symbol page contains a real time live chart with historical data on all the most useful frequencies. We also analyze the pair and tell you about the characteristics and how to trade it. AUDCAD AUDCHF USDZAR What is a Forex Chart Forex trading involves the sale of a currency, and the simultaneous purchase of another with the purpose of closing the position at a later time with a profit. Unlike in the stock or commodities markets where prices are routinely quoted in USD, the price of a currency can be quoted in any other currency due to the essentially bartering nature of currency transactions where live, as well as historical forex charts are used to identify trends and entryexit points for trades. The forex market is the most liquid and active market in the world. At every single second an enormous amount of transactions gets executed, with the total daily turnover being regularly estimated to reach trillions of dollars. If we did not make use of an analytical tool such as a forex chart to place the data into a more compact form where it can be visually examined and analyzed, we would be in possession of a vast sea of difficult to interpret numbers. The forex trading chart, then, is a visual aid that makes the recognition of trends, and patterns in general easier, and makes the application of technical tools of analysis at all possible. Charts are categorized according to the way price action is depicted as well as the time frame of the period being examined. Imagine that we have a 4-hourly candlestick chart of the EURUSD pair. This means that each candlestick on the graph presents the price data of a four-hour long period in a compact form. What happens inside that time period is irrelevant. If we had chosen an hourly chart, each candlestick on the chart above would be replaced by four different candlesticks. There are many ways of depicting the price action on a forex trading chart. Bar charts, candlestick charts, line forex trading charts are a few of the many options available, with each offering its own advantages in some aspect of analysis and utility. But they all do the same thing: they plot the prices of a day (or some mathematical manipulation of the price data) to the time series on the horizontal axis which is then used by traders to evaluate and understand the market action for the purpose of making a profit. Since currencies are traded in pairs, itrsquos impractical and not very useful to draw a pure USD forex chart. Instead we have the option of drawing (or rather having the software plot for us) a chart of the USDJPY pair, or the AUDUSD pair, since it is only possible to quote a currency in terms of another. On the other hand, there are some forex charts that take weighted average of such currency pairs to derive an overall index for a currency. The famous USD index, is a good example. Charts are the keys that allow us to unlock the secrets of forex trading. The subject covers a vast ground, and only by continuous practice can we expect to acquire the necessity fluency and expertise in evaluating them. The language of forex charts is really the language of currency trading. It will take some time to learn it, but when you are a native speaker, so to speak, your imagination and creativity are the only limits to your potential. We provide updated forex charts on the most popular currency pairs as well as more information on technical analyses with the help of forex charts in our forex charts area . Brokers for Chartists Selecting a broker can be tedious, that is why we have spent the time in comparing and examining the most popular and reputable brokers. Combined with the research and variable platforms that are important in selecting a broker that best fits you. We have compiled a list of recommended currency brokers. Technical Analysis Gold Price versus US Dollar Likely to Continue Lower Gold ndash Heavily one-sided retail forex trader sentiment warns that Gold prices may continue to decline through near-term trading. Our trading sample shows that total open long positions outnumber those short by nearly 3 to 1, and until we see a meaningful shift in sentiment we will maintain our contrarian calls for further XAUUSD weakness. --- Written by David Rodriguez, Quantitative Strategist for DailyFX To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link. Contact David via EURUSD - The ratio of long to short positions in the EURUSD stands at 1.16 as 54 of traders are long. Yesterday the ratio was 1.24 55 of open positions were long. Long positions are 6.9 lower than yesterday and 3.1 below levels seen last week. Short positions are 0.4 lower than yesterday and 16.0 above levels seen last week. We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the EURUSD may continue lower. The trading crowd has grown less net-long from yesterday and last week. The combination of current sentiment and recent changes gives a further mixed trading bias. USDJPY Last Wk: -1.6 USDJPY - The ratio of long to short positions in the USDJPY stands at -1.13 as 47 of traders are long. Yesterday the ratio was -1.26 44 of open positions were long. Long positions are 3.8 higher than yesterday and 25.5 above levels seen last week. Short positions are 6.4 lower than yesterday and 11.0 below levels seen last week. We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are short gives signal that the USDJPY may continue higher. The trading crowd has grown less net-short from yesterday and last week. The combination of current sentiment and recent changes gives a further mixed trading bias. GBPUSD Last Wk: 1.58 GBPUSD - The ratio of long to short positions in the GBPUSD stands at 2.37 as 70 of traders are long. Yesterday the ratio was 2.48 71 of open positions were long. Long positions are 4.6 lower than yesterday and 24.8 above levels seen last week. Short positions are 0.1 lower than yesterday and 16.8 below levels seen last week. We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the GBPUSD may continue lower. The trading crowd has grown less net-long from yesterday but further long since last week. The combination of current sentiment and recent changes gives a further mixed trading bias. AUDUSD Last Wk: 2.0 XAUUSD - The ratio of long to short positions in the XAUUSD stands at 4.02 as 80 of traders are long. Yesterday the ratio was 3.62 78 of open positions were long. Long positions are 1.3 lower than yesterday and 4.0 above levels seen last week. Short positions are 11.1 lower than yesterday and 0.3 below levels seen last week. We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the XAUUSD may continue lower. The trading crowd has grown further net-long from yesterday and last week. The combination of current sentiment and recent changes gives a further bearish trading bias. XAUUSD Last Wk: 3.86 Gold ndash Heavily one-sided retail forex trader sentiment warns that Gold prices may continue to decline through near-term trading. Our trading sample shows that total open long positions outnumber those short by nearly 3 to 1, and until we see a meaningful shift in sentiment we will maintain our contrarian calls for further XAUUSD weakness. --- Written by David Rodriguez, Quantitative Strategist for DailyFX To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link. Contact David via SPX500 Last Wk: -5.51 SPX500 - The ratio of long to short positions in the SPX500 stands at -5.11 as 16 of traders are long. Yesterday the ratio was -4.26 19 of open positions were long. Long positions are 15.7 lower than yesterday and 7.7 above levels seen last week. Short positions are 1.1 higher than yesterday and 0.1 below levels seen last week. We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are short gives signal that the SPX500 may continue higher. The trading crowd has grown further net-short from yesterday but moderated since last week. The combination of current sentiment and recent changes gives a further mixed trading bias. Chg. Open Interest A: Actual F: Forecast P: Previous DAILYFX PLUS RATES CHARTS RSS Past performance is no indication of future results. DailyFX is the news and education website of IG Group.