R3-R4 Momentum Method
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Forex Trading – Foreign Exchange Course
You want to learn about Forex?
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.
TradingMarkets has released the R3/R4 method, a model-driven, fully automated swing trading method that trades strong momentum stocks for moves lasting five to six days in stocks and options. The method identifies buy candidates by finding stocks in the current market whose profiles fit the historical pattern of thousands of other stocks that experienced strong reversals to the upside. These patterns are derived from a proprietary, core database. The database is a collection of short-term market behaviors that underlies all of our systems.
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