This is also fiat money.  When you need an agreement to call it money then it probably is not money.  If there is no intrinsic value then it is not money.

I copied this from a webpage, as I would not explain it as well as this does.

According to Aristotle, for something to be considered money, is has to fulfill four characteristics:

1) It must be durable. It can’t fade, corrode.

2) It must be portable. It has to be ‘dense’ so that you can take it with you when you travel to the market.

3) It…[Read more]

The FX market is currency exchange.  Currencies are not money.  They are issued by government by fiat. Hence the term fiat money, which is what a currency is.  Gold is money.

Yes it is.  Do you know of any brokers that would let you see those orders?  Dukascopy gives limited information but it moves too fast to make any use of.

Yes it is.  Do you know of any brokers that would let you see those orders?  Dukascopy gives limited information but it moves too fast to make any use of.

flx23,

As you mentioned the total system’s capital is not constant.  With every country in the world debasing their currencies by printing money (QE) the total amount is constantly increasing, by a lot (trillions of dollars worth!!) every year.

I’m not clear on what the volume is that the brokers have.  Is it just for the one broker, or do the…[Read more]

flx23,

As you mentioned the total system’s capital is not constant.  With every country in the world debasing their currencies by printing money (QE) the total amount is constantly increasing, by a lot (trillions of dollars worth!!) every year.

I’m not clear on what the volume is that the brokers have.  Is it just for the one broker, or do the…[Read more]

Momentum is not Force, rather Force is a part of momentum:

Force = mass x  acceleration

Momentum = mass x velocity

Therefore:

Force x Time  = Momentum

Applying a force for 1 hour to an object will give it more momentum than the same force for 1 minute.

What is the force for forex then?  Volume could be a force.  However, there is bull volu…[Read more]

The two charts are not exactly lined up over each other.  Compare by using the candles where they cross.

SaverO,

I wonder if you add standard deviation to the price it would help to indicate when it is too far from price.

If you cannot change the file extension then you are probably not an administrator on windows 7.

Watch this video, it will tell you how to make yourself an administrator:

https://www.youtube.com/watch?v=TUYkCd-nkbU

If you cannot change the file extension then you are probably not an administrator on windows 7.

Watch this video, it will tell you have to make yourself an administrator:

https://www.youtube.com/watch?v=TUYkCd-nkbU

You should right click the link and save as.  When downloaded then change the htm extension to mq4.

How to measure currency strength?  Probably not with data from metatrader.

Measure currency strength from: economic strength, GDP, inflation rate, balance of payments, interest rates, consumer confidence, Producer price index, business cycle, government deficits, stock market performance,population growth, etc.

Hi Kiads,

If you are looking for someone to test on the daily time frame then I am your man.

Hi Kiads
Was that D1 that you switch to or H1?  I don’t see the relationship with M1 MA 60 and the daily chart.

Hi Kiads
Was that D1 that you switch to or H1?  I don’t see the relationship with M1 MA 60 and the daily chart.

Hi Kiads

Was that D1 that you switch to or H1?  I don’t see the relationship with M1 MA 60 and the daily chart.

Hi Kiads,

Was that D1 that you switch to or H1?  I don’t see the relationship with M1 MA 60 and the daily chart.