January 2010
Intermediate to advanced
208 pages
5h 35m
English
book
Forex on Five Hours a Week: How to Make Money Trading on Your Own Time
by Raghee Horner, Jeffrey Alan Brandzel
Content preview from Forex on Five Hours a Week: How to Make Money Trading on Your Own Time
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Chapter 8. Market Pulse
Figure 8.19. Always respect the market, but don't fear it!: 2006 "Fxstreet.com. The Forex Market." All Rights Reserved.
The forex market pulse is something that came from my background as a long-time futures trader. Long before trading pairs, I was trading currencies in the futures market. I was also trading other pairs like the Dow minis, gold, crude oil, and the U.S. Dollar Index among many others. I was already familiar with their trading behavior, so it didn't take long to discover that there were correlations that affected the forex pairs. I already knew that markets like gold and crude had an effect on the dollar, and since the dollar was half of each of the major pairs and commodity currencies, I felt that by bringing over my existing futures knowledge I had an edge. That's what I will share with you now.
I want to caution you that if you do want to use these charts you will need a futures feed. I will offer some alternatives to real-time feeds that can be costly. My favorite is www.quote.com mainly because the same symbols you see me use on the charts in this section can be typed in letter-for-letter in Quote.com, and you can get produce overlays there too. I also want to remind you that these are secondary correlation charts. What I mean by that is that the primary chart should always be a chart of the market you are actually setting-up to trade, which ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.