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The
FOREX Market
By
Joe Gelet, CTA
www.elitefxsystems.com
The
foreign exchange market, or ‘forex’
market, is becoming increasingly popular
in a wide variety of applications. Everyone
knows that countries have currencies and
they are traded against one another, but
few realize the economic significance of
these markets in their daily lives, and
also there are many myths and rumors surrounding
the forex market. In addition, few realize
how to get involved in the forex market,
and become discouraged when getting the
wrong answers.
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Full Article
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| Article |
The
Elliott Wave Principle
Source:
Elliott
Wave International - www.elliottwave.com
In
the 1930s, Ralph
Nelson Elliott, a corporate accountant
by profession, studied price movements in
the financial markets and observed that
certain patterns repeat themselves. He offered
proof of his discovery by making astonishingly
accurate stock market forecasts. What appears
random and unrelated, Elliott said, will
actually trace out a recognizable pattern
once you learn what to look for. Elliott
called his discovery "The Elliott Wave Principle,"
and its implications were huge. He had identified
the common link that drives the trends in
human affairs, from financial markets to
fashion, from politics to popular culture.
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Full Article |
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