Forex

Morgan Stanley welcomed the potential of the euro until the end of the year

How to find Morgan Stanley, the fair value of U.S. dollar against the euro may rise to 1.18 dollars per euro, which reinforces the belief of analysts is that a pair of Euro / dollar has found new historical highs. The bank, however, continue to positively assess the prospects for the euro until the end of 2009. At this time, a pair of Euro / dollar traded at 1.4115.

By some estimates, more than 40% of professionals in one way or another using the system. Moreover, it is the most simple and well-known from the public system, and we recommend that beginners start with it.

TC was created by Alexander Elder in 1985 and since then, it actually has not changed, indicating that its reliability and wide applicability, as the stock market and Forex market.

It's no secret that the main problem of trading is that the same indicator may give conflicting signals in different time scales. For example, it may indicate a rising trend in the afternoon schedule and descending trend in the time schedule. In other words, the testimony of the indicators are contradictory, and trading signals depending on the time period schedule.
And the problem is only one solution: Split decisions in several stages by analyzing the various taymfreymy using different instruments.
Without a doubt, the best way to approach such a clear division provides a method of three screens. You build the 3 graphics and consistently analyze them.
First, select "Medium" screen - it is time scale, which best match the duration of conservation open positions (usually four or time schedule).

Next, selected long-term and short-term scale, which is an order of magnitude different from the average, for the average screen dnevok is, respectively, a day (four hours) and time (15 - or 5 - minute) charts.

Analysis of the "triple screen" starts with a long-term schedule. The system refers to the trend, and the first task, which is worth - the definition of the basic long-term trend in the direction of which is to play, and his condition - a beginning, middle or end.

Accordingly, this schedule should be applied trend indicators, the main of which is the MACD-Histogram. The direction of the trend determined by the ratio of two recent strokes or points of histograms: the histogram rising, when the last point above the previous one, points to the upward trend, downward histogram indicates the need to play to sell.

Please note that:
rotate or decline histogram refers to the end and spread trends.
turns up, taking place below the zero line, give a strong signal to buy, what turns above the line.
turns down, occurring above the zero line, give a strong signal to sell, what turns below the zero line.
We recommend that you use multiple indicators of trends to avoid false alarms. Basic rule: play only in the direction of the trends identified in the first long-term "view."