Thursday, April 30, 2009

Why Learn Forex with Elliot Wave Technique.. as well Hedge Fund

Forex Currency trading has already at the largest and most liquid and will be most powerful market on the planet,
with average daily volume being 9-10 times larger than the combined all daily turnover on all of the world's stock exchanges.
well we may have heard that Elliott wave analysis is something that usually and lot of forex traders use.
is this true ? well It's true; Elliot wave analysis is not like a crystal ball, but it can helps you accomplish three and most crucial goals: how identify the trend,
and stay with it, and know when the trend is likely over.

Dollar is raising, At that time, it seemed that the days of trading forex with the dollar as the world's reserve currency.
But – to the surprise of lot of forex traders – since then, the USD has enjoyed a truly remarkable recovery in the world currency.
On Oct 21th, the EURUSD hit a fresh and low of near about $1.30, clinching a staggering 30-cent gain by the dollar in a matter of aproximately three months.

but Not since the U.S. Dollar Index (a way to measure of the dollar's power and strength against a basket of six top other currencies)
was created in 1973 that has the greenback been as weak point as it was back in April and July of 2008.
That's when the euro versus -dollar exchange rate that hit the $1.60 mark.

Once again this time, the US dollar has proven its role as a safe haven for forex currency,
and once again it's the center of the global financial community's attention.
It will likely stay in the spotlight for quite sometime. And that could be good for the forex market. and forex trader around the world

if you wanna know more, people at Elliott Wave International have many resources that can help you to learn about Elliott –
but it nothing helps you learn faster than watching a good teacher.

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