Publisher: McGraw-Hill Companies/McGraw-Hill | Date published: 05/24/2010
Discover a New Approach to Analyzing Price Fluctuations in the Foreign Exchange Market
Forex Wave Theory provides spot currency speculators and commodity futures traders with an innovative new approach to analyzing price fluctuations in the foreign exchange.
Written by Jim Bickford, a successful veteran online spot currency trader, this expert financial tool explains the four most significant categories within technical analysis_pattern recognition, econometric models, crossover trading systems, and wave theory_and includes critical definitions of technical terms.
Forex Wave Theory examines in detail different length cycles of two through six waves, with special emphasis on their predictive reliability.The book also converts raw security data (OHLC quotes) to swing data through the application of a refined minimum reversal algorithm.
Based on solid mathematical and statistical models, Forex Wave Theory is a highly visual resource that uses over 200 images to explore:
This on-target reference also features instructive case studies of the author's unique method, together with a wide range of important supplemental information covering ISO currency pairs, exchange rates, global banking hours, basic three-wave cycles, and related resources.
A vital tool for success in the currency market, Forex Wave Theory gives traders a powerful new method for analyzing fluctuations in the foreign exchange markets_and accurately determining market waves.