How to Overlay Technical Indicators by Keith Raphael
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Description
How to Overlay Technical Indicators by Keith Raphael
Get How to Overlay Technical Indicators by Keith Raphael 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.
How to Overlay Technical Indicators to Minimize Their Innate Weaknesses and Application of the “Portfolio Approach”….
Through the judicious choice of various techniques over the past seventeen years, Keith has developed a “portfolio approach” to technical analysis which greatly improves timing and forecasting. The majority of the investment community uses only one or two analytic tools to make their decisions. The innate weaknesses of each tool, when used alone, can seriously reduce profits in some market conditions (i.e. sideways consolidations). Implementing multiple tools eliminates many of these weaknesses. Adding multiple momentum tools to the equation allows better identification of an expected rally or decline.
Keith describes the pros and cons of most classic analytic tools, shows you how to minimize their innate drawbacks and illustrates how to use a weighted portfolio of tools to increase profits in the market. Using Keith’s techniques, traders improve their risk management and become better traders.
