Technical Analysis. The Basis by Glenn Ring

Technical Analysis. The Basis by Glenn Ring

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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.

One of the nation’s most respected market analysts with 34 years of experience in the commodity industry, Glen Ring brings a broad-based perspective to his work. He has been a producer/hedger, broker, trader, technical analyst, researcher and seminar speaker, and from 1987 through 1997 he was editor of the successful Trends In Futures (previously titled Commodity Close-Up) newsletter before leaving to concentrate on his own newsletter, View On Futures.

Currently, he is president of Glen Ring Enterprises, which focuses on providing information, education, research, and support for traders, analysts, and other participants in the futures industry. STOCKS & COMMODITIES Editor Jayanthi Gopalakrishnan spoke with Glen Ring in a phone interview on June 9, 2006.

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