Price Bars and Market Types In SigmaForex

• Price Bars

Price bars are a linear representation of a period of time. This enables the viewer to see a graphic representation summarizing the activity of a specific time frame.

As an example, we use one minute and five-minute bars for our system. Each bar has similar characteristics and tells the viewer several important pieces of information.

First, the highest point of the bar represents the highest price that was achieved during that timer period. The lowest point of the bar represents the lowest price during the same period. Regular bars display a small dot on the left side of the bar which represents the opening price of the period and the small dot on the right side represent s the closing price of the period.

• Market Types

The market often display's some very familiar patterns of price movement. Once a pattern is established, it becomes the most probable course of future price action until the market changes. There are two types of markets which become important for the beginning trader to identify; trending and trend-less. Each market type has two specific patterns which you will also notice over time.

These market types and patterns can be defined as follows:

Trending - Steady elongated price movements with less than a 45-degree angel with occasional pauses, profit taking, or resting periods.

Uptrends - A pattern of higher highs and higher lows.

Downtrends - A pattern of lower lows and lower highs.

Trend-less - Erratic price movements which are often steep ( greater than 45 -degree angle ) and cannot sustain and therefore must reverse. Although the movements can move many points in a short period of time, they often result in very little net price movement over time.

Choppy - An erratic pattern of higher highs and lower lows.

Sideways - A narrow pattern of lower highs and higher lows.

While up-trend and down-trend days can offer excellent trading results, choppy markets often create stop outs, while sideways markets produce for little in either direction. Our trading objective is to get into a trending market and ride until we make our target objective.

Senior Marketing Analyst

We are seeking an experienced marketing professional with proven analytical skills. The individual selected to fill this newly created position will help our marketing team better understand its user base and assist in defining strategies and tactics to drive acquisition, retention and growth.

The successful candidate will provide end-to-end analytic support and leverage key insights from analyses to develop, communicate and champion strategic recommendations to drive improved customer relationships, increased value and increased market share.

Required Qualifications:

• Strong understanding of Relational Database systems with ability to easily understand and extract important data using Structured Query Language (SQL).
  
• Good statistical analysis and interpretation skills.
• Strong working knowledge of MS Excel using both complicated formulas, and VBA.
• Strong project management skills
• Excellent verbal and written communication skills.

Education/Experience:

• Bachelor's Degree in Math, Statistics or relevant field.
• Minimum of four (4) years of relevant work experience.

To join our Benefits of working at SigmaForex.com and get your Vacancy Kindly send your resume referencing job ID "SMA" by e-mail to our Human Resources Department at