Forex

Sunday, October 23, 2005

Financial Modelling

Some phenomena..


Technical Analysis - Indicators


Math

Tuesday, October 18, 2005

Foreign Exchange Market

Online Currency Trading

Real time financial market information
Other ...

Encyclopedias

Sunday, October 16, 2005

Econometrics, Matlab & Financial Tools


General References on Econometrics


Journals and Resources


Matlab Financial Tools



Other Software tools

Wednesday, October 12, 2005

FXStreet.com



What do Candlesticks Look Like?

Candlestick charts are much more visually appealing than a standard two-dimensional bar chart. As in a standard bar chart, there are four elements necessary to construct a candlestick chart, the OPEN, HIGH, LOW and CLOSING price for a given time period. Below are examples of candlesticks and a definition for each candlestick component:

The body of the candlestick is called the real body, and represents the range between the open and closing prices.
A black or filled-in body represents that the close during that time period was lower than the open, (normally considered bearish) and when the body is open or white, that means the close was higher than the open (normally bullish).
The thin vertical line above and/or below the real body is called the upper/lower shadow, representing the high/low price extremes for the period (one period of time measures the duration of selling or buying within the market). As a trader, you can use any time period you want, time intervals may be a tick chart, 1 min, 5min, 10 min, 1 hour, 4 hour, 1 day,…





Glossary of Forex Terms