In this article we will talk about trading based on the publication of economic indicators in the news calendar. News trading is of particular interest to short-term traders, as price movements caused by news publications occur rapidly.
In the present article, we estimate the effectiveness of the “Profitunity” trading system by Bill Williams. We will assess the effectiveness of the trading system both as a whole and its separate signals.
The article discusses the figures of graphical analysis "Hanged man" and the reverse to it – "Inverted hammer". What are these patterns? How often do they occur? How effective is trading on them? In this study you will find answers to these and other questions.
In our study, we suggest examining the last of the listed types of oscillator signals: «overbought and oversold». And we explore this signal with a complex approach by using several popular oscillators in our analysis at once.
This indicator reflects changes in the number of employed workers in the U.S. non-agricultural sector. In the trader’s environment, its publication is viewed as one of the most significant events that causes great volatility in financial markets.