Looking for historical data of the USD/RUB currency pair? We have found a source that provides Open-High-Low-Close data for it back until 1995!Continue reading USD/RUB historical data download
Looking for historical data of the USD/INR currency pair? We have found a source that provides Open-High-Low-Close data for it back until 1973!Continue reading USD/INR historical data download
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Chartoasis.com has been started more than 10 years ago, where the major function was a chart application. The technology used for it has become obsolote, and even starting it from the browser has been a rocket science for the past years.
I am happy to announce, that Chartoasis Chili, the successor of the chart application has been released.Continue reading The new chart app, Chartoasis Chili has been released
Despite the ever growing complexity that surrounds the financial markets, a surprising number of traders still fail to recognize the subtle differences between individual platforms and products. One of the most important facts you will ever learn about financial trading is that not all markets have been created equal, with the result that each boast their own unique levels of risk, reward, liquidity and leverage. This is an extremely important consideration, as it dictates that your trading strategy and the trading charts that you use must be compatible with the market that operate within.
We have created an infographic about calendar effects: Continue reading Calendar effects infographic
Experts at the London Stock Exchange believe that a huge proportion of trading is now done using algorithms. In some markets, it’s estimated to be around 80 percent of trading volumes, which means that it’s become a huge part of financial trading. Software that can recognise patterns and make the appropriate trades is now in very high demand, with many people willing to pay large sums of money for the technology. This is prevalent across the board, with stocks, currency and commodities all involved. The question then, is how effective is this method of trading, and is it better than manual chart observation?
Good statistics is the key to calendar effects
Many investments show calendar effects like as Santa Claus Rally, January effect, Halloween indicator, October effect. Some of them may be just a coincidences but a lot of them are statistically significant.
Having checked monthly trends of many cases we must say that these calendar effects are not equally strong in the case of each investment. Some of them are very strong (check out the chart below), others may be weaker or completely missing. One can also discover important seasonal tendencies other than the effects mentioned above, regarless on talking about stock market, commodities, forex pairs, indices or mutual funds / ETFs.
Since these effects vary with investments it is better to analyze their effect for each investment separately. This analysis can be made e.g.: per month in a chart like below: