Technical Analysis Applications in the Global Currency Markets

Technical Analysis Applications in the Global Currency Markets
-Cornelius Luca
With its explosive recent growth--and $1.4 trillion daily turnover--global currency trading offers staggering rewards for those with the knowledge to capitalize on it. This guide provides an easy-to-follow roadmap. In it, foreign currency market expert Cornelius Luca shows beginners and experienced traders alike how to use technical analysis--charts and charting--to cash in on these enormous opportunities.

The first definitive guide on technical analysis dedicated solely to the needs of these complex markets , Technical Analysis Applications in the Global Currency Markets explains and illustrates:
-The fundamentals of technical analysis and how it applies to foreign exchange
-What you must know about trends and trend patterns
-The various types of charts--and the unique characteristics of each: line, bar, point and figure, and candlestick
-How the major players in foreign exchange analyze their charts
-What systems they use
-The quantitative methods of analysis--including all types of moving averages, oscillators, and other indicators

The book also provides a thorough, yet easy-to-grasp explanation and analysis of the Gann methods and the Elliott Wave Principle. And it also gives you a useful software demonstrations program so you can test the methods presented and apply them to real trading--and quickly increase your proficiency in charting and chart analysis.