Trading For Beginners

The Euro was slightly lower in Asia on Friday ahead of the unemployment report due in the United States later on today. Investors were also awaiting the outcome of talks between Greece and its private creditors on a debt swap deal. Greek officials insist that a deal is on the cards, and many analysts agree [...]

The Euro dipped against the Yen and the Dollar touched a 3 month low. However, during the Asian session we saw the Euro rise, supported by hopes for a Greek debt restructuring deal that would help the country avoid a disorderly default. There is a lot of talk about another Japanese ‘Yentervention’ especially as the [...]

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Average True Range Introduction The Average True Range (ATR) is an indicator that was developed by J. Welles Wilder, Jr. who introduced it along with a few other indicators (Parabolic SAR, RSI and the Directional Movement Concept) in his book, “New Concepts in Technical Trading Systems” in 1978. The ATR was originally designed by Wilder [...]