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Currencies are revalued without a change of name or revalued with a change of name or change name without being revalued. Countries may adopt the currency of another country or stop using the currency of another country and create their own currency. In some countries other currencies, besides the official currency, circulate and are accepted. Some countries mainly colonies and dependencies of other countries have currencies which are theoretically different from their parent country but which are actually pegged at a 1: All that really changes is the wording and pictures on the banknotes.

In these pages, currencies are listed against a particular country where they circulate, whether those currencies are the official currency of a country or whether they are unofficially acceptable. Because of transitions from one currency to another, currencies are also listed against a particular country if they have circulated in that country in the recent past. The following European Union countries adopted the Euro at the start of Other countries which were previously using one of the superseded currencies also adopted the Euro.

Thus here you can find the list of currency names , the ISO alphabetc and numeric codes, the symbol and the subdivision for most countries and territories. The list is not official, and the fact that a currency is listed as being used in a certain region does not mean that the currency is an official currency for that country although it usually is.

Some currencies circulate and are acceptable in some countries even though they are not the official currencies of those countries. Using of Currency Abbreviations Depending upon whether you are using e-mail, news or the web, some currency symbols may be used but many others should not be used.

JPY - Japanese Yen? Changing Countries and Currencies The world is in constant flux. Token required New user. Submit Already have a token? Login with a token or Recover token. Already have a token? Your message will be reviewed by our moderator and will be published within 24h. We can have an uptrend and Red OsMA bars, but this would be a no-trade scenario in a conservative approach. We can have a downtrend and Green OsMA bars, but this would be a no-trade scenario in a conservative approach.

The OsMA measures momentum in the market, and when momentum fails, there is a possibility that the market can change direction. The Bright Red bars denote strong downward momentum, so when they turn to the Dark Red bars, they hint to a failure in the downward momentum. The Bright Green bars denote strong upward momentum, so when they turn to the Dark Green bars, they hint to a failure in the upward momentum. Once we take these concepts and apply them to the trend direction in the market, we get some nice trading opportunities.

The MarCo indicator is how we are going to know what direction the trend is and then what direction to trade. I want to take a moment and look at why we want to trade with the trend direction and not trade against it.

Of course, there are counter-trend trading opportunities, but those opportunities are fewer than the trend-following opportunities, and they are harder to pinpoint. The MarCo indicator does a brilliant job showing us the direction of the trend. This is the first trade setup that we will come across. The trend changes from up to down or from down to up. We will find opportunity in these trend changes. Price crosses and closes above the 50 Day Moving Average.

Stop loss goes under the lowest low of the last 3 closed candles this will include the signal candle. Take Profit is 1: Price crosses and closes below the 50 Day Moving Average. Stop loss goes above the highest high of the last 3 closed candles. Sometimes the signal is late. Here are a couple of examples of late Trend-Change trade signals.

They are harder to come by than the Aggressive signals. The MarCo turns Dark Green. The MarCo turns back to Bright Green. Stop loss goes just under the lowest low of the last 3 closed candles this will include the signal candle.

Profit target is 1: The MarCo turns Dark Red. The MarCo turns back to Bright Red. Stop loss goes just above the highest high of the last 3 closed candles this will include the signal candle. Russ, the system looks great — particularly the trades taken with the trend as opposed to Trend change.





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