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| Forex Shockwave Analysis |
More than $2 trillion is traded in the foreign exchange every day,
and many experts believe this figure will double in the next five years.
Fortunately for spot currency traders, the high-volume periods in this market
are predictably moved by information released from government and informational
agencies, typically on Wednesdays and Fridays at 8:30 a.m. Knowing this gives
the Forex trader tremendous analytical advantage, and in Forex
Shockwave Analysis, veteran online spot currency trader James Bickford offers
reliable techniques and know-how to capitalize on the violent disruptions that
happen at these times.
When a severe breakout up or down occurs in an otherwise
well-behaved time series, it's called a shockwave, and Forex Shockwave
Analysis offers unprecedented focus on identifying, analyzing, and
categorizing this unique pattern in the foreign exchange market. It not only
helps independent investors isolate and recognize recurring shockwave
personality traits, but it also gives insight into the reactive phase
immediately following the shockwave. Fundamental analysis is covered to provide
complete coverage, but playing this market's action can be most highly
profitable when the streaming data available today is used to reveal critical
properties and characteristics about the underlying currency pair. This book
equips you with the four most important methods of technical analysis:
·
Pattern recognition
·
Econometric models
·
Crossover trading systems
·
Wave theory
Forex Shockwave Analysis is packed with practical information for mastering shockwave
trading, including a refined minimum reversal algorithm that converts raw
security data (OHLC quotes) to swing data, numerous charts and diagnoses based
on activity, range, and interaction, as well as fifteen case studies
demonstrating how covered material works in the real world. This highly visual
book is also outstandingly designed to serve as a computer-side reference that
equips you with eleven appendices filled with all the tools you need to gain a
distinct advantage while working online in your currency trading platform.
Shockwaves occur over the course of a few minutes, and with Forex
Shockwave Analysis, you can effectively profit off them for a lifetime.Download Ebook