Trading Forex, Technically by Koos van der Merwe
ARTICLE SYNOPSIS ...Trading Forex, Technically by Koos van der Merwe
In this, the second part of the series, we look at how to apply pure technical analysis to trade the forex markets.
IN my last article, I explained how important it was to keep abreast of the news when trading the forex market. I explained how closely currencies are tied to interest rates, inflation, and the excessive printing of money, which can lead to inflation. I also discussed how the words of a president, prime minister, governor of a reserve bank, or any chairman of the board of governors of the US Federal Reserve can move a currency ev...