Currency Strength Meter - Post a Comment

LiveCharts.co.uk Currency Strength Meter

The currency strength meter gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency. Please see notes below for further details.

How Does The Currency Strength Meter Work?

The meter takes readings from every forex pair over the last 24 hours, and applies calculations to each. It then bundles together each the associated pairs to an individual currency (eg, EUR/USD, EUR/JPY, EUR/GBP etc) and finds the current strength.

How Can This Help Me?

It is useful as a quick guide to which currencies you might want to trade, and which might be worth staying away from. For instance, if a certain currency is very strong, and another suddenly turns weaker, you may find a trading opportunity. Such deviation between pairs usually indicates momentum. Conversely, if two currencies are weak, strong or average strength, there is often a range or sideways movement happening. You might want to stay away from trading those pairs.

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Economic Impact Analyzer - Post a Comment

Economic Impact Analyzer

The Razor Economic Impact Analyzer displays price charts relative to economic events and features a large database of historical economic release data. Choose your currency and economic event and then click the title of any historical event in the Event History section to render dynamic price charts plus a list of any simultaneous economic releases.

ForexTicket - Post a Comment

ForexTicket - Currency Index

The currency index represents the evolution of a currency relative to the entire forex. The index is the average of one currency compared to others. The chart representation makes it easy to view trends by currency.

Trading Economics - Post a Comment

Trading Economics - Charts and historical data

Trading Economics provides its users with accurate information for 196 countries including historical data for more than 300.000 economic indicators, exchange rates, stock market indexes, government bond yields and commodity prices. Our data is based on official sources, not third party data providers, and our facts are regularly checked for inconsistencies. Trading Economics has received more than 100 million page views from more than 200 countries.

Wall Street Survivor - Post a Comment

Wall Street Survivor - Where great traders begin

•Free-to-play Fantasy Stock Market Online Challenges
•$100,000 in Daily, Weekly & Monthly Prizes with our stocks market game
•TRUE Real-Time Trading Engine For Online Trading
•Trade Real Stocks with Virtual Dollars!

TradingView - Post a Comment

TradingView - Network Where Active Traders Exchange Ideas to Maximize Profit

The best on the web stock charts and a community of investors who are passionate about sharing trading ideas.

Our completely free charts are online, which means no installations or setups. They work in any modern browser, anywhere in the world, and they are better than most old-fashion PC programs. But TradingView is not just an awesome tool, it’s also home to a global community of investors and traders who discuss their ideas. Make your name in the trading community and get discovered by trading firms, or find other career opportunities in the financial sector through your new friends.

Express Trading Ideas. Simply Best Financial Charts

Forex open orders - Post a Comment

Forex open orders module

The module below shows snapshots of Saxo Bank clients’ open orders for major currency pairs. Select one pair from the “Aggregate Open Orders” chart to drill down into position information for a single pair.


For more information on what the charts show and how to use them, please refer to the notes below the chart


Members get access to 15-minute resolution data Join for free.

Commitments of Traders Data (COT) - Post a Comment

Commitments of Traders Data (COT)

The chart can be used to view the CFTC (Commodity Futures Trading Commission) commitments of traders data (or COT in short) in an easily readable format. The data is published by the CFTC every week on Thursday and contains an aggregated report of the different holdings of market participants in the US futures market (where you can trade currencies, commodities and metals such as gold and silver).

The COT report provides the data broken down to 4 different types of traders:

• Dealer/Intermediary - typically "sell-side" and include large banks (both US and non US) and dealers in swaps, securities and other derivatives.

• Asset Manager/Institutional - typically "buy-side" and include pension funds, insurance companies etc'.

• Leveraged Funds - typically "buy-side" and include hedge funds and money managers such as CTAs (registered commodity trading advisors) and CPOs (registered commodity pool operators) or unregistered funds as identified by the CFTC.

• Other Reportables - typically "buy-side" and include reportable traders that that do not fit into none of the first three categories.

Open interest is the total of all futures and/or option contracts entered into and not yet offset by a transaction. The aggregate of all long open interest is equal to the aggregate of all short open interest.

• Net Commercials position = Commercial long - Commercial short

• Net Large Speculator position = Non-commercial long - Non-commercial short

• Net Small Speculator position = Non-reportable long - Non-reportable short

FreeStockCharts.com - Post a Comment

Best Free Stock Charts - FreeStockCharts.com

Web's Best Streaming Real-time Stock Charts - Free. Live, streaming, Real-time charts for over 7,000 stocks; Look at minute, hourly, daily, 68 indicators, trendline alerts, drawing tools, scans, Free!

OlsenScale - Post a Comment

The Scale of Market Quakes (SMQ)

The Scale of Market Quakes (SMQ) objectively measures the impact of political and economic events on the currency markets and is a decision support tool for traders, retail and institutional investors, government officials and commentators. The development of the SMQ was inspired by the Richter Scale which measures the intensity of earthquakes. Financial markets are subject to seismic shocks caused by political, economic and other events.

Calculated Risk - Post a Comment

Calculated Risk - Finance and Economics

“If you only follow one economics blog, it has to be Calculated Risk, run by Bill McBride. The site provides concise and very accessible summaries of all the key economic data and developments. One of the reasons McBride is able to do this so well is that he has an almost uncanny knack of recognizing which facts really matter. He began the blog in 2005 because he saw a disaster brewing in the form of the housing bubble, and tried his best to warn the rest of us of what was coming. I've followed him closely ever since, and I don't know if he's ever been wrong. My advice is, if you've come up with a different conclusion from McBride on how economic developments are going to unfold, you'd be wise to think it over again!”Professor James Hamilton, Economics, University of California, San Diego

Forex Order Book - Post a Comment

A 24-hour summary of open orders and positions

Compare OANDA’s Open Orders and Open Positions for any major currency pair.

Open Orders: A snapshot of the trigger points for all open orders held by OANDA clients (meaning limit orders and Stop/Loss or Take/Profit orders on open trades). This information could be interpreted as an indicator of the client price expectations that are contributing to natural resistance and support levels.

The graph is divided into quadrants showing whether orders are Buy vs. Sell and also whether trigger price points are below or above the market price at the time the snapshot was taken. Number of orders at each price level is shown as a percentage of the maximum number of all open orders (both buy and sell) during the past 24 hours.

Open Positions: A snapshot of the entry prices for all open positions currently held by OANDA’s clients. This information could be interpreted as an indicator of market reaction to price changes and the pressure on prices due to unrealized profit and loss.

The graph is divided into quadrants showing whether positions are long or short and also whether entry price points are below or above the market price at the time the snapshot was taken. Number of positions at each price level is shown as a percentage of the maximum number of all open positions during the past 24 hours.The graph is divided into quadrants showing whether positions are long or short and also whether entry price points are below or above the market price at the time the snapshot was taken. Number of positions at each price level is shown as a percentage of the maximum number of all open positions during the past 24 hours.

Forex Power Indicator - Post a Comment

The Forex Power Indicator

The Forex Power Indicator is designed to help forex traders save time and boost profits by instantly identifying current trends and potential trade opportunities.

It identifies the relative strength of the major currencies based on daily, 4-hour, 1-hour, and 15 minute timeframes. This relative currency strength is determined based on a highly-developed formula that weights the historical relationships that exist between the various currencies. These relative currency strengths are then used to identify the Top 5 currency pairs that are showing the highest potential for trade.

Just click the required timeframe at the top of the Indicator - either Daily, 4-hour, 1-hour, or 15 minute – and you'll instantly receive two updated graphs that form the basis of this tool.The graph on the left shows the current strength or weakness of each of the 8 main currencies - based on the detailed assessment formula we have developed. The graph on the right shows you the top 5 pairs, from all the combinations of pairs that involve the major currencies, that have been identified as having the most potential for trade.

The identified pair, and whether it's a potential buy or sell, is indicated along the bottom of the graph. The actual graphs show the direction and relative strength of each currency in the recommended pair.

The numbers on the Y-axis of each chart represent average pips movement. For instance, if you're looking at the 15 minute chart and the 'USD' bar is at level '5' on the 'Forex Power' chart, it means it has moved a weighted-average of 5 pips against the other 7 major currencies. Similarly, if the 'EUR' bar is at level -4.5, then it means the Euro has moved down a weighted-average of 4.5 pips against the other 7 major currencies. If the USD has moved up, and the EUR has moved down, then entering a Sell position on the EUR/USD will most likely be recommended in the 'Top 5 pairs' graph on the right.

This tool is not intended to be a complete solution for identifying trades. However it is valuable as a way of identifying currency movements and determining potential trades for further analysis.

Used the right way, it will save you a lot of time and should work as a great addition to your current trade assessment processes.

Currency Strength Meter - Post a Comment

Currency Strength Meter Indicator

Momentum and Trend Trading:

Buy an Underlying Currency that is   Strengthening with Space to Continue Up

Sell an Underlying Currency that is   Weakening with Space to Continue Down

Daily and Weekly Mean Reversion Trading:

Buy an Underlying Currency that is   Oversold + Consolidating

Sell an Underlying Currency that is   Overbought + Consolidating

Strength Meter Chart represents the price movement for major currencies measured against other majors. Results shows strength and weakness against a customizable basket of currencies. Useful to detect then identify which crosses have been trending. Gives trend length perspective + OB or OS relativity. Overextended data on higher TFs serve as possible indication for Mean Reversion strategies or to hedge risks.

Fear & Greed Index - Post a Comment

What is the Fear & Greed Index?

Investors are driven by two emotions: fear and greed. Too much fear can sink stocks well below where they should be. When investors get greedy, they can bid up stock prices way too far.So what emotion is driving the market now? CNNMoney's Fear & Greed index makes it clear.

We look at 7 indicators:

•Stock Price Momentum: The S&P 500 (SPX) versus its 125-day moving average

•Stock Price Strength: The number of stocks hitting 52-week highs and lows on the New York Stock Exchange

•Stock Price Breadth: The volume of shares trading in stocks on the rise versus those declining.

•Put and Call Options: The put/call ratio, which compares the trading volume of bullish call options relative to the trading volume of bearish put options

•Junk Bond Demand: The spread between yields on investment grade bonds and junk bonds

•Market Volatility: The VIX (VIX), which measures volatility

•Safe Haven Demand: The difference in returns for stocks versus Treasuries

For each indicator, we look at how far they've veered from their average relative to how far they normally veer. We look at each on a scale from 0 - 100. The higher the reading, the greedier investors are being, and 50 is neutral.

Then we put all the indicators together - equally weighted - for a final index reading.

When the S&P 500 (SPX) plummeted to a three-year low on Sept. 17, 2008 - the height of the financial crisis -- the Fear and Greed index sank to 12. The index gained some ground to 28 before stocks finally bottomed out on March 9, 2009 and the latest bull market began.

Most recently, in the first quarter of 2012, stocks staged their best run in decades, and the index showed pure greed.