Alan Shaw – Market Timing & Technical Analysis
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.
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“The authors have done a superb job of making the subject so understandable, setting goals for each chapter, and seeing they are met, with a concise summary at each chapter’s end. After four decades of practicing the subject, I am proud to place my colleagues’ book in a prominent spot in my technical analysis library.”
―Alan R. Shaw, CMT, former Managing Director, Smith Barney, second President of Market Technicians Association
Technical studies of the market, group behavior, or stock trends can determine evidence of ~hifting demand/supply activity which can easily be likened to the navigator ‘warning the pilot of a storm ahead. Like the navigator, the technician
will not always. be correct in his readings, or a change in “patterns’
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