Charting the Major Forex Pairs: Focus on Major Currencies
$10.55
| Author(s) | , |
|---|---|
| Pages |
254 |
| Format |
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| Published Date |
2007 |
Charting the Major Forex Pairs was written specifically for those currency and futures traders who have a reasonable degree of experience in the foreign exchange markets and who are familiar with the inner trading mechanisms and the risks and rewards intrinsically involved. Featuring numerous historical charts generated by proprietary software and charting system, this book provides Forex traders with a graphical interpretation of the markets, enabling them to instantly see patterns, and to enter into and exit positions with confidence.
Introduction:
There are eight major divisions in this book:
Part I: In this section, we expose little known characteristics unique to spot currency data and define the mathematical and statistical tools that facilitate the visual approach to technical analysis. Part II: It is only fitting to begin our analysis of major currency pairs with the most heavily traded pair: the EURUSD. A comprehensive history and a detailed account of the Euro’s modern evolution are included here. More importantly we supply numerous charts depicting the status of the Euro currency in today’s marketplace.
Part III: The old adage “The sun never sets on the British Empire” applies to its official currency too. This king of currencies has the highest parity ratio of all the major currencies (1 Pound = 1.70 U.S. Dollars) and is subjected to detailed analysis in this section. Part IV: The Swiss Franc has always held a position of respect and honor in the financial community. Switzerland’s political neutrality and banking policies have contributed to its almost mystical attraction. In this section, we reveal its innermost secrets and mathematical properties.
Part V: To characterize the Japanese Yen with only one word, it would have to be “resilient.” Its decline and recovery history is very impressive. Of all the major currencies, it has the lowest parity ratio (110 Yen = 1 U.S. Dollar). The Yen is heavily influenced by Japanese banking policies and national intervention, the technical results of which are thoroughly examined in this section. Part VI: In this section, we examine the six non-USD cross rates: EURGBP, EURCHF, EURJPY, GBPCHF, GBPJPY, and CHFJPY which, fortunately, no longer carry outlandish transaction costs, making them now available to small-cap investors.
Part VII: Here we analyze spot currency prices with comparable futures prices and precious metals. We also examine a global synthetic currency called the Mundo that we concocted in order to describe the interrelationships between price fluctuations within the five major
currencies.
Contents:
- Getting Started
- Euro Currency
- British Pound
- Swiss Franc
- Japanese Yen
- Cross Rates
- Comparative Studies
Charting the Major Forex Pairs: Focus on Major Currencies By Michael D. Archer, James Lauren Bickford pdf
3 reviews for Charting the Major Forex Pairs: Focus on Major Currencies
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Adam Gill (verified owner) –
Waste of money on my part
Jordan Krueger (verified owner) –
I wish I had read the review by who stated that it was totally worthless. I agree. It is almost a crime to ask money for something like this – but maybe even more a sign of stupidity to buy.
Carolyn Myers (verified owner) –
I got this book some time ago now and at the time i had not read many books on the subject of technical analysis or trading in general. I was demo trading forex and doing ok and wanted to have a greater insight into the forex world.
I remember thinking it wasn’t a good book at the time and left it on the book shelf, i didn’t want to post anything at the time as i hadn’t really read any other books on the subject and couldn’t readily compare this book. I recently came back across the book and decided to read it once again and give it a second chance. I now feel disgusted that this book (if that’s what you want to call it) is even still being sold.
It took about 1 hour to read the 220 pages of rubish information and even worse charts that are of poor picture quality and take up at least half of the pages.I know this is a book about charting and so expected there to be alot of charts, but the charts look like they have been copy and pasted and poorly fit to the pages they are on with little information to what they are showing or their significance. There are very basic history summeries of each of the popular currencies, with poor quality pictures of the actual currency notes and coins. There is very little actual information to be had from this dire excuse for a book.