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 Useful tool.

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Cody Django



Posts : 22
Join date : 2017-04-23

PostSubject: Useful tool.   Sun Apr 30, 2017 11:54 pm

The COT report is a very useful tool which can be substituted for the volume indicators of stocks analysis. Absolute long and short positioning and historical comparisons can be useful for identifying market extremes. Percentage changes in open interest can be valuable in nothing position flips and predicting market reversals in the medium term. To predict the market a trader need many accessories which are providing by ECNCAPITAL.
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Jp Duminy



Posts : 63
Join date : 2017-03-19

PostSubject: Re: Useful tool.   Wed Jul 05, 2017 11:02 pm

Actually in case of trading support and resistance can be an useful tool to the traders. The concept of support and resistance forms the basic of technical analysis. Forex traders look to buy at a near areas of significant levels of an potential support in an uptrend. Forex traders look to sell at a near areas of significant levels of potential resistance in a downtrend. To the technical analyzers some accessories are needed and all these I have from Trade12 broker.
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