Derek Frey – Guide to Consistent Forex & Trading
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Archive : Derek Frey – Guide to Consistent Forex & Trading Digital Download
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Size (5.4 MB)
Harmonic Trading Secrets: A Guide to Consistent Forex & Trading
This ebook is a transcription of an interview conducted in early December 2009 with Senior Market Analyst and Expert Trader Derek Frey. Derek was asked to discuss some of the most fundamental trading principles and habits required for sustained success. These attitudes, actions, and notions should be “common sense,” yet they are elusive and unappreciated for most traders.
To get this information into your hands as fast as possible, we’ve kept the presentation in a conversational approach. It is recommended that you read this twice. The initial read through should be brief so that you can learn some of the principles. The second reading should be done with the thought of “How do I apply this to my own trading?”.
Forex and Trading – Foreign Exchange Training
Do you want to learn about Forex?
Foreign exchange, sometimes known as FX, is the exchange of one country’s currency for another.
A country’s currency is valued according to supply and demand laws in a free economy.
In other words, the value of a currency might be tied to the value of another country’s currency, such as the US dollar, or even to a basket of currencies.
The government of a country may also establish the value of its currency.
Most countries, however, freely float their currencies against those of other countries, causing them to fluctuate constantly.
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