How Do We Use It?
If you really want to ‘geek out’, you can with this breakthrough analytical tool. It enables you to plan out trades using historical Squeeze Pro stats at the top of your charts.
The goal of this unprecedented analytical power is to allow you to see the average gain and duration of a Squeeze, on whatever chart and whatever time frame you are viewing. Stocks, futures, forex, crypto – if you can trade it, you can measure it. It will also tell you how long the average squeeze lasts before it fires, and how many squeezes fired long vs. fired short. These stats are available for EACH Squeeze Pro level on any chart at a glance.
This makes it possible to anticipate the potential reward to help guide you in trade selection and management – based on actual data specific to the chart you are viewing.
Note: Options traders will absolutely LOVE these stats! Available for ThinkorSwim and TradeStation
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
More courses from the same author: SimplerTrading