Technical Analysis of the Currency Market
Classic Techniques for Profiting from Market Swings and Trader Sentiment
Chapter One
FX 101
Know this. Technical analysis will not make you rich. It will not turn
$1,000 into $1 million in a matter of weeks. It will not allow you to
design a computer system that will automatically generate income
while you luxuriate on the golf courses of Florida or snorkel in the azure
blue waters of Cozumel.
Like every worthwhile endeavor in life, success in trading requires
dedication, persistence, and a never-ending desire to excel. Technical
analysis is only a tool-albeit a very good one-that if used properly can
greatly sharpen and improve your trading in the currency market, but it
cannot by itself make you a successful trader.
This book is about the practical application of technical analysis to
the foreign exchange (FX or forex) markets. In it, I show you the key advantages
as well as some of the limitations of this trading discipline. This
book alone cannot guarantee success, but I can assure you ... read full excerpt from Technical Analysis of the Currency Market: Classic Techniques for Profiting from Market Swings and Trader Sentiment ebook