A comprehensive guide that demonstrates how technical analysis can generate profit-making strategies in the foreign exchange market
The $2 trillion foreign exchange market is now open to all traders. This book explains how technical tools can be used to properly diagnose this dynamic market for big profits. Technical analysis tools are divided into two main categories: those that work best at identifying whether the market is in a trend and those that ascertain if the market is in a trading range. This book examines ideas such as classic chart formations, key candlestick patterns, moving averages, MACD, stochastics, relative strength, Fibonacci numbers, Bollinger bands, and much more, offering a truly comprehensive analysis of the subject matter.
Boris Schlossberg (New York, NY) serves as the Senior Currency Strategist with Forex Capital Markets in New York. An independent trader, he has written numerous articles for Stock Futures Options and Active Trader magazines.