The Currency Strength Index shows how major currencies perform against each other in real-time. You can see at a glance which currency is on the rise and which one is declining, thus giving you valuable information trader forex buying and selling pressure. To avoid volatility bias, Currency Strength Index is using sophisticated calculation algorithm, which makes it a reliable tool in the decision making process of every trader.
The Currency Strength Index is calculated in real-time, on every tick. The calculations are based on the 1 minute time frame. The colored indicator bars and percentage values for each currency are updated automatically every 5 seconds. It is relatively easy to find articles about trading systems that achieve positive long term historical results on highly liquid Forex pairs. However this becomes more difficult as we move to more exotic pairs since trading costs generally make the development of profitable trading systems for these symbols harder. The entry and exit rules are shown below.
This article needs additional citations for verification. United States, Regulation T permits an initial maximum leverage of 2:1, but many brokers will permit 4:1 leverage as long as the leverage is reduced to 2:1 or less by the end of the trading day. Day trading was once an activity that was exclusive to financial firms and professional speculators. Many day traders are bank or investment firm employees working as specialists in equity investment and fund management. Some day traders use an intra-day technique known as scalping that usually has the trader holding a position for a few minutes or even seconds. Because of the nature of financial leverage and the rapid returns that are possible, day trading results can range from extremely profitable to extremely unprofitable, and high-risk profile traders can generate either huge percentage returns or huge percentage losses.