Technical Analysis of Finacial Markets by John J.Murphy
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Forex Trading – Foreign Exchange Course
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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.
Product details
- Hardcover:576 pages
- Publisher:NYIF; 2nd Revised edition edition (Dec. 1998)
- Language:English
Synopsis
For both beginnners and experienced traders, this work describes the concepts of technical analysis and their applications. Murphy interprets the role of the technical forecasters and explains how they apply their techniques to the financial markets
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