Personal Finance Knowledge Book - Foreign Exchange Trading Techniques and Practical Illustrations

Author: Wang Licheng
Publisher:
Publish Date: 2005-01-01
Features: The foreign exchange market is like a battlefield. Before investing and operating, if we do not arm ourselves with fine weapons, we will pay a heavy price. Technical analysis is a very effective weapon for the foreign exchange market. Many friends who have invested in stocks believe that technical analysis is not very useful. This is because, in China's stock market, the trading volume is small and easily controlled by a few large players, making technical analysis naturally lose its. The foreign exchange market has an average daily trading volume of tens of billions of US dollars, a figure that is astronomical compared to the trading volumes of stock and other investment markets. Therefore, large players rarely manipulate the market, so using technical analysis to predict the foreign exchange market yields relatively higher accuracy. This book is specifically designed to introduce the application of technical analysis in the foreign exchange market.