Channel Analysis. The Key to Improved Timing of Trades by Brian J.Millard
Get Channel Analysis. The Key to Improved Timing of Trades by Brian J.Millard at Salaedu.com
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.
It is shown that share prices consist of a proportion of random movement and a proportion of predictable cyclical movement. The amount of random movement and the status of the various cycles that make up the cyclical movement can be determined easily either by graphical method that needs no more than a chart of the share price, or by the use of moving averages. Channel analysis will show how these cycles should behave in the near future, giving the investor the key to the prediction of the future share price.
Get Channel Analysis. The Key to Improved Timing of Trades by Brian J.Millard at Salaedu.com
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