Martin Pring – On Price Patterns
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.
The world’s most respected trading technician explores price patterns—today’s hottest trading topic
The use of price patterns is changing the face of technical analysis and trading. In Martin Pring onPrice Patterns, today’s unquestioned technical trading master covers all key aspects of technical analysis as they apply to price patterns, in text and examples that are clear, convincing, and easy to understand.
Pring then goes on to provide a complete, in-depth examination of today’s most widely used price patterns, explaining which work better than others and why. Traders will value this book, as they do all of Pring’s books, for its:
- Insights into widely used one- and two-bar patterns
- Examination of outside bars, reversals, pennants, and more
- Bonus DVD featuring recordings of Pring’s most popular seminars
Martin Pring on Price Patterns provides today’s most up-do-date exploration of price patterns, and how they can be used with amazing accuracy to forecast not only how long an up- or down-trend will continue, but at what point the trend is destined to reverse its course. Covering the relationship between key technical analysis aspects and price patterns in language that is both clear and convincing, and based on a massive research program covering over 10,000 securities, this valuable and hands-on book includes:
Classic formations including head-and-shoulders, triangles, double bottoms, and more, along with outside bars, key reversals, and other shorter-term tools that have become popular with swing traders
Descriptions of the underlying psychology of a price pattern formation, essential in helping traders better judge the significance and potential of a specific pattern
An hour-long DVD training session—featuring excerpts from Pring’s popular “Live in London” video series—that covers the building blocks and select formations of price patterns
The key to success in trading, as in so many endeavors, is to ignore what you hope will happen and focus instead on what has already happened. Martin Pring on Price Patterns reveals how and why price patterns have come to be regarded as today’s single-best tool for traders looking to first determine what has happened in the markets, then use that knowledge to dramatically and profitably improve their ability to forecast which direction a price is likely to move and when.
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