Technical Analysis Applications in the Global Currency Markets
-Cornelius Luca
With its explosive recent growth--and $1.4 trillion daily turnover--global currency trading offers staggering rewards for those with the knowledge to capitalize on it. This guide provides an easy-to-follow roadmap. In it, foreign currency market expert Cornelius Luca shows beginners and experienced traders alike how to use technical analysis--charts and charting--to cash in on these enormous opportunities.
The first definitive guide on technical analysis dedicated solely to the needs of these complex markets , Technical Analysis Applications in the Global Currency Markets explains and illustrates:
-The fundamentals of technical analysis and how it applies to foreign exchange
-What you must know about trends and trend patterns
-The various types of charts--and the unique characteristics of each: line, bar, point and figure, and candlestick
-How the major players in foreign exchange analyze their charts
-What systems they use
-The quantitative methods of analysis--including all types of moving averages, oscillators, and other indicators
The book also provides a thorough, yet easy-to-grasp explanation and analysis of the Gann methods and the Elliott Wave Principle. And it also gives you a useful software demonstrations program so you can test the methods presented and apply them to real trading--and quickly increase your proficiency in charting and chart analysis.

New York Institute of Finance technical analysis applications in the global currency markets

Trading in the global currency markets

Cornelius Luca

New York: New York Institute of Finance

Penguin Adult HC/TR

Prentice Hall Press

United States, United States of America

2nd ed, New York, Prentice Hall, ©2000

2nd ed., New York, New Jersey, 2000

2nd, US, 2000

Includes bibliographical references (p. 541) and index.

Includes bibliographical references (p. 331) and index.

Now updated and revised with all new charts and key information on the euro. The introduction of the euro and the recent explosion of electronic trading has changed the outlook of the foreign exchange market dramatically. Global currency trading offers staggering rewards for those with the knowledge to capitalize on it. This updated guide provides an easy-to-follow roadmap for beginners and experienced traders alike on how to use technical analysis-with revised charts and graphs-to cash in on these enormous opportunities. The only guide of its kind to focus solely on all aspects of technical analysis, Luca explains and The fundamentals of technical analysis and how it applies to foreign exchange What one must learn about trends and trend patterns How the major players in foreign exchange analyze their charts The quantitative methods of analysis-including all types of moving averages, oscillators, and other indicators This book provides a thorough, yet easy-to-grasp explanation and analysis of point and figure charting, candlestick charting, the Gann methods, and the Elliot Wave principle. Also included is an updated CD-ROM that lets readers test the methods presented and apply them to real trading-and quickly increase proficiency in charting and chart analysis.

The introduction of the euro and the recent explosion of electronic trading have changed the outlook of the foreign exchange market dramatically. Global currency trading offers staggering rewards for those with the knowledge to capitalize on it. This updated guide provides an easy-to-follow roadmap for beginners and experienced traders alike on how to use technical analysis -- with revised charts and graphs -- to cash in on these enormous opportunities.The only guide of its kind to focus solely on all aspects of technical analysis, Luca explains and illustrates:-- The fundamentals of technical analysis and how it applies to foreign exchange-- What one must learn about trends and trend patterns-- How the major players in foreign exchange analyze their charts-- The quantitative methods of analysis -- including all types of moving averages, oscillators, and other indicatorsThis book provides a thorough, yet easy-to-grasp explanation and analysis of point and figure charting, candlestick charting, the Gann methods, and the Elliot Wave principle. Also included is an updated CD-ROM that lets readers test the methods presented and apply them to real trading -- and quickly increase proficiency in charting and chart analysis.

Now you, too, can capitalize on the tremendous potential of this vital, fast-moving market, with the wealth of information collected in this comprehensive and up-to-the-minute book. Trading in the Global Currency Markets gives traders an indispensable overview of the market's workings and new technologies, then links this information to developments and case studies drawn from the real world, illustrating them with plenty of graphics, charts, and visuals.
This invaluable resource also provides valuable historical context, explaining the basis of foreign exchange and the factors that contributed to the growth of the industry. It asks the basic questions, and then provides comprehensive answers that will benefit both beginning investors and seasoned market experts.

Technical Analysis Applications in the Global Currency Markets provides a much-needed all-inclusive analysis of the various forecasting methods - and describes in detail the strengths and weaknesses of each. It also includes a software demonstration program that lets you see what the top players look at ... compare different systems ... and test your grasp of currency charting.
Packed with easy-to-read charts from the major charting services - and offering a wealth of practical experience and expertise from a leading authority - this unique guide helps you arm yourself with an arsenal of trading weapons you can use to prosper in this newest, most fascinating, and potentially profitable market.

xviii, 557 p. : 24 cm
Includes bibliographical references (p. 541-542) and index

2023-06-28