Description

MAP. Moving Average Patterns CD by David Elliott

Archive Page

Get MAP. Moving Average Patterns CD by David Elliott at bestoftrader.com

Forex Trading – Foreign Exchange Course

You want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

Predictable price behaviors occur around the four major moving averages.

On May 26th, 1896 Charles Dow introduced the industrial average, the Dow Jones 30. Since then there has been a repeatable and predictable price behavior pattern around the four major moving averages and this index. We do away with moving average crossovers, and switch to using a behavioral price pattern to find entry and exit prices, while investing in stock, futures, and indexes on all time periods.